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Ringcentral Inc (RNG) CFO Mitesh Dhruv Sold $9 million of Shares

GuruFocus.com
·2 mins read

CFO of Ringcentral Inc (30-Year Financial, Insider Trades) Mitesh Dhruv (insider trades) sold 32,066 shares of RNG on 08/12/2020 at an average price of $281.2 a share. The total sale was $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 $25.53 billion; its shares were traded at around $286.97 with and P/S ratio of 24.37. GuruFocus has detected 2 severe warning signs with RingCentral Inc. .

CFO Recent Trades:

  • CFO Mitesh Dhruv sold 32,066 shares of RNG stock on 08/12/2020 at the average price of $281.2. The price of the stock has increased by 2.05% since.

Directors and Officers Recent Trades:

  • Director R Neil Williams sold 6,730 shares of RNG stock on 08/12/2020 at the average price of $281.2. The price of the stock has increased by 2.05% since.

  • Chief Accounting Officer Vaibhav Agarwal sold 480 shares of RNG stock on 07/21/2020 at the average price of $279.64. The price of the stock has increased by 2.62% since.

  • Chief Strategy Officer Praful Shah sold 12,223 shares of RNG stock on 07/16/2020 at the average price of $253.68. The price of the stock has increased by 13.12% since.

For the complete insider trading history of RNG, click here

.This article first appeared on GuruFocus.