Praful Shah, Chief Strategy Officer at RingCentral, Inc. (RNG), sold 12,578 shares at $166.97 ($2.1M) on 2019-11-14, disclosed to the SEC on 2019-11-18.
Seasonal sale ($2.1M) by Chief Strategy Officer — this insider has traded RNG in November in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $166.97 | 3,100 | $518K | 24.4% |
| 2 | $167.71 | 2,271 | $381K | 18.0% |
| 3 | $168.76 | 918 | $155K | 7.3% |
| 4 | $168.67 | 757 | $128K | 6.0% |
| 5 | $169.63 | 3,758 | $637K | 30.1% |
| 6 | $170.28 | 1,774 |
| $302K |
| 14.2% |
| Total | $168.60 avg | 12,578 | $2.1M | 100% |
| Filing → |
| RNG | SELL | 2021-02-18 | $7.3M | — | Filing → |
| RNG | SELL | 2021-01-20 | $7.5M | — | Filing → |
| RNG | SELL | 2020-12-16 | $7.0M | — | Filing → |