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Ringcentral Inc (RNG) CEO & Chairman Vladimir Shmunis Sold $14 million of Shares

- By insider

CEO & Chairman of Ringcentral Inc (RNG) Vladimir Shmunis sold 134,269 shares of RNG on 02/22/2019 at an average price of $104.05 a share. The total sale was $14 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 $8.51 billion; its shares were traded at around $105.94 with and P/S ratio of 12.50.


CEO Recent Trades:

  • CEO & Chairman, 10% Owner Vladimir Shmunis sold 134,269 shares of RNG stock on 02/22/2019 at the average price of $104.05. The price of the stock has increased by 1.82% since.

Directors and Officers Recent Trades:

  • COO David Sipes sold 7,300 shares of RNG stock on 02/20/2019 at the average price of $103.89. The price of the stock has increased by 1.97% since.
  • Director Mckenna Michelle sold 2,000 shares of RNG stock on 02/15/2019 at the average price of $103.44. The price of the stock has increased by 2.42% since.

For the complete insider trading history of RNG, click here

.This article first appeared on GuruFocus.