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Ringcentral Inc (RNG) COO David Sipes Sold $2.6 million of Shares

September 10, 2019 | About:

COO of Ringcentral Inc (30-Year Financial, Insider Trades) David Sipes (insider trades) sold 19,457 shares of RNG on 09/09/2019 at an average price of $135.6 a share. The total sale was $2.6 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 $10.29 billion; its shares were traded at around $124.06 with and P/S ratio of 12.94. GuruFocus has detected 1 severe warning sign with RingCentral Inc. .

CEO Recent Trades:

  • CEO & Chairman, 10% Owner Vladimir Shmunis sold 113,687 shares of RNG stock on 08/22/2019 at the average price of $139.45. The price of the stock has decreased by 11.04% since.

CFO Recent Trades:

  • CFO Mitesh Dhruv sold 4,993 shares of RNG stock on 09/04/2019 at the average price of $141.44. The price of the stock has decreased by 12.29% since.

Directors and Officers Recent Trades:

  • COO David Sipes sold 19,457 shares of RNG stock on 09/09/2019 at the average price of $135.6. The price of the stock has decreased by 8.51% since.
  • Chief Strategy Officer Praful Shah sold 9,174 shares of RNG stock on 09/05/2019 at the average price of $141.06. The price of the stock has decreased by 12.05% since.
  • SVP, CAO & General Counsel John H Marlow sold 30,987 shares of RNG stock on 08/28/2019 at the average price of $141.94. The price of the stock has decreased by 12.6% since.
  • Chief Accounting Officer Vaibhav Agarwal sold 578 shares of RNG stock on 08/26/2019 at the average price of $142.85. The price of the stock has decreased by 13.15% since.

For the complete insider trading history of RNG, click here

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