Ringcentral Inc (RNG) COO David Sipes Sold $1.2 million of Shares

COO of Ringcentral Inc (RNG, Financial) David Sipes (insider trades) sold 9,589 shares of RNG on 07/12/2019 at an average price of $123.07 a share. The total sale was $1.2 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 $10.08 billion; its shares were traded at around $122.97 with and P/S ratio of 13.66. GuruFocus has detected 1 severe warning sign with RingCentral Inc. .

CEO Recent Trades:

  • CEO & Chairman, 10% Owner Vladimir Shmunis sold 50,700 shares of RNG stock on 07/11/2019 at the average price of $122.18. The price of the stock has increased by 0.65% since.
  • CEO & Chairman, 10% Owner Vladimir Shmunis sold 50,700 shares of RNG stock on 06/13/2019 at the average price of $118.13. The price of the stock has increased by 4.1% since.

CFO Recent Trades:

  • CFO Mitesh Dhruv sold 2,556 shares of RNG stock on 07/09/2019 at the average price of $119.97. The price of the stock has increased by 2.5% since.

Directors and Officers Recent Trades:

  • COO David Sipes sold 9,589 shares of RNG stock on 07/12/2019 at the average price of $123.07. The price of the stock has decreased by 0.08% since.
  • Chief Strategy Officer Praful Shah sold 5,016 shares of RNG stock on 07/02/2019 at the average price of $115.33. The price of the stock has increased by 6.62% since.
  • SVP, CAO & General Counsel John H Marlow sold 33,155 shares of RNG stock on 06/13/2019 at the average price of $117.59. The price of the stock has increased by 4.58% since.
  • COO David Sipes sold 8,089 shares of RNG stock on 06/13/2019 at the average price of $117.77. The price of the stock has increased by 4.42% since.

For the complete insider trading history of RNG, click here

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