- By insider

CEO & Chairman of Ringcentral Inc (RNG) Vladimir Shmunis sold 93,421 shares of RNG on 05/22/2019 at an average price of $121.75 a share. The total sale was $11.4 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 $10.04 billion; its shares were traded at around $122.57 with and P/S ratio of 13.56.

• Warning! GuruFocus has detected 3 Warning Sign with RNG. Click here to check it out.

• RNG 15-Year Financial Data

• The intrinsic value of RNG

• Peter Lynch Chart of RNG

CEO Recent Trades:

• CEO & Chairman, 10% Owner Vladimir Shmunis sold 93,421 shares of RNG stock on 05/22/2019 at the average price of $121.75. The price of the stock has increased by 0.67% since.

Directors and Officers Recent Trades:

• COO David Sipes sold 13,500 shares of RNG stock on 05/16/2019 at the average price of $124.08. The price of the stock has decreased by 1.22% since.

For the complete insider trading history of RNG, click here

.This article first appeared on GuruFocus.

• Warning! GuruFocus has detected 3 Warning Sign with RNG. Click here to check it out.

• RNG 15-Year Financial Data

• The intrinsic value of RNG

• Peter Lynch Chart of RNG