Praful Shah, Chief Strategy Officer at RingCentral, Inc. (RNG), sold 18,818 shares at $277.47 ($5.2M) on 2020-10-16, disclosed to the SEC on 2020-10-19.
Seasonal sale ($5.2M) 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 | $267.63 | 398 | $107K | 2.0% |
| 2 | $267.63 | 398 | $107K | 2.0% |
| 3 | $268.60 | 300 | $81K | 1.5% |
| 4 | $270.12 | 470 | $127K | 2.4% |
| 5 | $270.12 | 470 | $127K | 2.4% |
| 6 | $271.27 | 200 |
| $54K |
| 1.0% |
| 7 | $272.51 | 900 | $245K | 4.7% |
| 8 | $273.56 | 1,411 | $386K | 7.4% |
| 9 | $273.56 | 1,411 | $386K | 7.4% |
| 10 | $274.64 | 900 | $247K | 4.8% |
| 11 | $275.92 | 1,551 | $428K | 8.2% |
| 12 | $275.92 | 1,551 | $428K | 8.2% |
| 13 | $277.47 | 500 | $139K | 2.7% |
| 14 | $278.79 | 1,476 | $411K | 7.9% |
| 15 | $278.79 | 1,476 | $411K | 7.9% |
| 16 | $279.85 | 1,253 | $351K | 6.7% |
| 17 | $279.85 | 1,253 | $351K | 6.7% |
| 18 | $280.88 | 1,200 | $337K | 6.5% |
| 19 | $281.96 | 1,100 | $310K | 6.0% |
| 20 | $282.99 | 600 | $170K | 3.3% |
| Total | $276.44 avg | 18,818 | $5.2M | 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 → |