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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 03/13/2019 at an average price of $105.11 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 $8.66 billion; its shares were traded at around $106.53 with and P/S ratio of 12.58.


CEO Recent Trades:

  • 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 1.35% since.
  • 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 2.38% since.

CFO Recent Trades:

  • CFO Mitesh Dhruv sold 2,654 shares of RNG stock on 03/08/2019 at the average price of $101.74. The price of the stock has increased by 4.71% since.
  • CFO Mitesh Dhruv sold 3,343 shares of RNG stock on 02/28/2019 at the average price of $105.34. The price of the stock has increased by 1.13% since.

Directors and Officers Recent Trades:

  • 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 0.03% since.
  • COO David Sipes sold 8,278 shares of RNG stock on 03/07/2019 at the average price of $102.27. The price of the stock has increased by 4.17% since.
  • Chief Strategy Officer Praful Shah sold 5,324 shares of RNG stock on 03/06/2019 at the average price of $103.42. The price of the stock has increased by 3.01% since.
  • SVP, CAO & General Counsel John H Marlow sold 32,774 shares of RNG stock on 02/28/2019 at the average price of $105.38. The price of the stock has increased by 1.09% since.
  • Director Robert I Theis sold 2,100 shares of RNG stock on 02/28/2019 at the average price of $105.5. The price of the stock has increased by 0.98% since.

For the complete insider trading history of RNG, click here

.This article first appeared on GuruFocus.