Praful Shah, Chief Strategy Officer at RingCentral, Inc. (RNG), sold 12,796 shares at $165.14 ($2.1M) on 2019-12-04, disclosed to the SEC on 2019-12-06.
Seasonal sale ($2.1M) by Chief Strategy Officer — this insider has traded RNG in December in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $165.14 | 2,438 | $403K | 19.0% |
| 2 | $165.99 | 2,371 | $394K | 18.6% |
| 3 | $166.99 | 1,279 | $214K | 10.1% |
| 4 | $167.84 | 403 | $68K | 3.2% |
| 5 | $168.87 | 75 | $13K | 0.6% |
| 6 | $164.87 | 3,003 |
| $495K |
| 23.4% |
| 7 | $165.46 | 3,123 | $517K | 24.4% |
| 8 | $166.49 | 104 | $17K | 0.8% |
| Total | $165.62 avg | 12,796 | $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 → |