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Ringcentral Inc (RNG) CEO & Chairman Vladimir Shmunis Sold $5.3 million of Shares

- By insider

CEO & Chairman of Ringcentral Inc (RNG) Vladimir Shmunis sold 50,700 shares of RNG on 04/11/2019 at an average price of $103.72 a share. The total sale was $5.3 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 $8.58 billion; its shares were traded at around $105.60 with and P/S ratio of 12.46.


CEO Recent Trades:

  • CEO & Chairman, 10% Owner Vladimir Shmunis sold 50,700 shares of RNG stock on 04/11/2019 at the average price of $103.72. The price of the stock has increased by 1.81% since.
  • CEO & Chairman, 10% Owner Vladimir Shmunis sold 50,700 shares of RNG stock on 03/13/2019 at the average price of $105.11. The price of the stock has increased by 0.47% since.

Directors and Officers Recent Trades:

  • Chief Strategy Officer Praful Shah sold 5,324 shares of RNG stock on 04/11/2019 at the average price of $104. The price of the stock has increased by 1.54% since.
  • SVP, CAO & General Counsel John H Marlow sold 27,000 shares of RNG stock on 04/05/2019 at the average price of $106.04. The price of the stock has decreased by 0.41% since.
  • SVP, CAO & General Counsel John H Marlow sold 30,332 shares of RNG stock on 03/14/2019 at the average price of $106.56. The price of the stock has decreased by 0.9% since.

For the complete insider trading history of RNG, click here

.This article first appeared on GuruFocus.