ELCA Fund II, LP, 10% Owner at RingCentral Inc (RNG), sold 65,000 shares at $35.44 ($2.3M) on 2017-06-13, disclosed to the SEC on 2017-06-13.
Scheduled sale ($2.3M) by 10% Owner under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $36.61 | 28,333 | $1.0M | 44.5% |
| 2 | $35.06 | 18,333 | $643K | 27.6% |
| 3 | $35.44 | 18,334 | $650K | 27.9% |
| Total | $35.84 avg | 65,000 | $2.3M | 100% |
| Filing → |
| RNG | SELL | 2018-05-23 | $8.9M | — | Filing → |
| RNG | SELL | 2018-02-22 | $5.7M | — | Filing → |
| RNG | SELL | 2016-06-02 | $800K | — | Filing → |