Praful Shah, Chief Strategy Officer at RingCentral, Inc. (RNG), sold 19,004 shares at $261.46 ($5.1M) on 2020-06-15, disclosed to the SEC on 2020-06-17.
Seasonal sale ($5.1M) by Chief Strategy Officer — this insider has traded RNG in June in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $261.46 | 399 | $104K | 2.0% |
| 2 | $261.46 | 399 | $104K | 2.0% |
| 3 | $263.85 | 200 | $53K | 1.0% |
| 4 | $263.85 | 200 | $53K | 1.0% |
| 5 | $265.90 | 1,389 | $369K | 7.2% |
| 6 | $265.90 | 1,389 |
| $369K |
| 7.2% |
| 7 | $266.75 | 2,136 | $570K | 11.1% |
| 8 | $267.73 | 754 | $202K | 3.9% |
| 9 | $267.73 | 754 | $202K | 3.9% |
| 10 | $268.84 | 600 | $161K | 3.1% |
| 11 | $268.84 | 600 | $161K | 3.1% |
| 12 | $269.80 | 300 | $81K | 1.6% |
| 13 | $270.99 | 612 | $166K | 3.2% |
| 14 | $270.99 | 612 | $166K | 3.2% |
| 15 | $267.87 | 300 | $80K | 1.6% |
| 16 | $269.43 | 600 | $162K | 3.1% |
| 17 | $270.35 | 300 | $81K | 1.6% |
| 18 | $271.21 | 400 | $108K | 2.1% |
| 19 | $271.21 | 400 | $108K | 2.1% |
| 20 | $272.67 | 385 | $105K | 2.0% |
| 21 | $272.67 | 385 | $105K | 2.0% |
| 22 | $273.77 | 500 | $137K | 2.7% |
| 23 | $274.66 | 500 | $137K | 2.7% |
| 24 | $276.60 | 1,695 | $469K | 9.1% |
| 25 | $276.60 | 1,695 | $469K | 9.1% |
| 26 | $277.69 | 900 | $250K | 4.9% |
| 27 | $279.19 | 300 | $84K | 1.6% |
| 28 | $280.26 | 300 | $84K | 1.6% |
| Total | $270.54 avg | 19,004 | $5.1M | 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 → |