Praful Shah, Chief Strategy Officer at RingCentral, Inc. (RNG), sold 13,066 shares at $239.22 ($3.2M) on 2020-02-20, disclosed to the SEC on 2020-02-24.
Seasonal sale ($3.2M) by Chief Strategy Officer — this insider has traded RNG in February in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $235.68 | 100 | $24K | 0.7% |
| 2 | $237.74 | 200 | $48K | 1.5% |
| 3 | $239.22 | 630 | $151K | 4.7% |
| 4 | $239.22 | 630 | $151K | 4.7% |
| 5 | $240.25 | 600 | $144K | 4.5% |
| 6 | $241.09 | 300 |
| $72K |
| 2.3% |
| 7 | $242.32 | 1,100 | $267K | 8.4% |
| 8 | $243.34 | 999 | $243K | 7.6% |
| 9 | $243.34 | 999 | $243K | 7.6% |
| 10 | $243.76 | 3,906 | $952K | 29.9% |
| 11 | $243.82 | 200 | $49K | 1.5% |
| 12 | $246.40 | 300 | $74K | 2.3% |
| 13 | $247.91 | 1,301 | $323K | 10.1% |
| 14 | $247.91 | 1,301 | $323K | 10.1% |
| 15 | $248.76 | 400 | $100K | 3.1% |
| 16 | $249.67 | 100 | $25K | 0.8% |
| Total | $243.85 avg | 13,066 | $3.2M | 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 → |