Ringcentral Inc (RNG) CEO & Chairman Vladimir Shmunis Sold $19.7 million of Shares

Author's Avatar
GuruFocus News
11/24/2020 17:15
Article's Main Image

CEO & Chairman of Ringcentral Inc (30-Year Financial, Insider Trades) Vladimir Shmunis (insider trades) sold 66,340 shares of RNG on 11/23/2020 at an average price of $296.86 a share. The total sale was $19.7 million.

RingCentral Inc provides software-as-a-service, or SaaS, solutions for business communications. Its solutions can be used in multiple devices including Smartphones, Tablets, PC's and Desk Phones which allows for communication across multiple channels. RingCentral Inc has a market cap of $25.35 billion; its shares were traded at around $282.82 with and P/S ratio of 22.83. GuruFocus has detected 2 severe warning signs with RingCentral Inc. .

CEO Recent Trades:

  • CEO & Chairman Vladimir Shmunis sold 66,340 shares of RNG stock on 11/23/2020 at the average price of $296.86. The price of the stock has decreased by 4.73% since.

CFO Recent Trades:

  • CFO Mitesh Dhruv sold 12,553 shares of RNG stock on 11/11/2020 at the average price of $281.82. The price of the stock has increased by 0.35% since.
  • CFO Mitesh Dhruv sold 12,553 shares of RNG stock on 11/10/2020 at the average price of $265.11. The price of the stock has increased by 6.68% since.

Directors and Officers Recent Trades:

  • Chief Accounting Officer Vaibhav Agarwal sold 929 shares of RNG stock on 11/23/2020 at the average price of $294.47. The price of the stock has decreased by 3.96% since.
  • Chief Strategy Officer Praful Shah sold 12,258 shares of RNG stock on 11/17/2020 at the average price of $294.97. The price of the stock has decreased by 4.12% since.
  • Director Mckenna Michelle sold 2,000 shares of RNG stock on 11/16/2020 at the average price of $292.82. The price of the stock has decreased by 3.42% since.
  • Director R Neil Williams sold 4,776 shares of RNG stock on 11/12/2020 at the average price of $289.2. The price of the stock has decreased by 2.21% since.

For the complete insider trading history of RNG, click here

.

This stock alert was generated using automated technology and GuruFocus financial data to provide readers with timely and accurate market reporting. This content was reviewed by GuruFocus editorial team prior to publication. Please send any questions or comments about this story to [email protected].