Ringcentral Inc (RNG) COO David Sipes Sold $3.6 million of Shares

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Oct 09, 2019
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COO of Ringcentral Inc (30-Year Financial, Insider Trades) David Sipes (insider trades) sold 21,040 shares of RNG on 10/08/2019 at an average price of $172.3 a share. The total sale was $3.6 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 $14.27 billion; its shares were traded at around $171.94 with and P/S ratio of 17.95. GuruFocus has detected 1 severe warning sign with RingCentral Inc. .

CEO Recent Trades:

  • CEO & Chairman, 10% Owner Vladimir Shmunis sold 62,500 shares of RNG stock on 09/10/2019 at the average price of $131.46. The price of the stock has increased by 30.79% since.

CFO Recent Trades:

  • CFO Mitesh Dhruv sold 4,264 shares of RNG stock on 10/02/2019 at the average price of $123.08. The price of the stock has increased by 39.7% since.

Directors and Officers Recent Trades:

  • COO David Sipes sold 21,040 shares of RNG stock on 10/08/2019 at the average price of $172.3. The price of the stock has decreased by 0.21% since.
  • Chief Strategy Officer Praful Shah sold 16,110 shares of RNG stock on 10/04/2019 at the average price of $144.89. The price of the stock has increased by 18.67% since.
  • SVP, CAO & General Counsel John H Marlow sold 27,000 shares of RNG stock on 10/04/2019 at the average price of $142.99. The price of the stock has increased by 20.25% since.
  • Chief Accounting Officer Vaibhav Agarwal sold 315 shares of RNG stock on 09/25/2019 at the average price of $125.86. The price of the stock has increased by 36.61% since.
  • SVP, CAO & General Counsel John H Marlow sold 32,002 shares of RNG stock on 09/11/2019 at the average price of $124.89. The price of the stock has increased by 37.67% since.

For the complete insider trading history of RNG, click here

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