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Ringcentral Inc (RNG) CEO & Chairman Vladimir Shmunis Sold $7.9 million of Shares

- By insider

CEO & Chairman of Ringcentral Inc (RNG) Vladimir Shmunis sold 88,197 shares of RNG on 08/22/2018 at an average price of $89.67 a share. The total sale was $7.9 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 $7.22 billion; its shares were traded at around $90.70 with and P/S ratio of 12.17. RingCentral Inc had annual average EBITDA growth of 30.60% over the past five years.


CEO Recent Trades:

  • CEO & Chairman, 10% Owner Vladimir Shmunis sold 88,197 shares of RNG stock on 08/22/2018 at the average price of $89.67. The price of the stock has increased by 1.15% since.

Directors and Officers Recent Trades:

  • COO David Sipes sold 9,300 shares of RNG stock on 07/25/2018 at the average price of $81.13. The price of the stock has increased by 11.8% since.

For the complete insider trading history of RNG, click here

.This article first appeared on GuruFocus.