Praful Shah, Chief Strategy Officer at RingCentral, Inc. (RNG), sold 16,110 shares at $121.50 ($2.3M) on 2019-10-03, disclosed to the SEC on 2019-10-07.
Seasonal sale ($2.3M) by Chief Strategy Officer — this insider has traded RNG in October in at least three consecutive prior years. Pattern-driven, low signal.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $121.50 | 210 | $26K | 1.1% |
| 2 | $123.12 | 3,750 | $462K | 19.8% |
| 3 | $124.04 | 100 | $12K | 0.5% |
| 4 | $125.58 | 100 | $13K | 0.5% |
| 5 | $126.72 | 100 | $13K | 0.5% |
| 6 | $128.02 | 95 |
| $12K |
| 0.5% |
| 7 | $149.19 | 7,545 | $1.1M | 48.2% |
| 8 | $153.09 | 100 | $15K | 0.7% |
| 9 | $155.02 | 300 | $47K | 2.0% |
| 10 | $156.40 | 398 | $62K | 2.7% |
| 11 | $157.48 | 400 | $63K | 2.7% |
| 12 | $158.96 | 400 | $64K | 2.7% |
| 13 | $160.08 | 1,184 | $190K | 8.1% |
| 14 | $161.33 | 822 | $133K | 5.7% |
| 15 | $162.58 | 506 | $82K | 3.5% |
| 16 | $163.99 | 100 | $16K | 0.7% |
| Total | $144.89 avg | 16,110 | $2.3M | 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 → |