RingCentral Inc (RNG) CFO Mitesh Dhruv Sells 3000 Shares

Jeannie Matthews
January 14, 2018

The stock decreased 0.13% or $0.1 during the last trading session, reaching $76.15. About 332,408 shares traded or 67.97% up from the average.

RingCentral (NYSE:RNG) last announced its earnings results on Wednesday, November 8th. It has outperformed by 13.23% the S&P500.

RingCentral, Inc is a provider of software-as-a-service (SaaS) solutions for businesses to support modern communications.

Barry Lebovits increased its stake in Houghton Mifflin Harcourt Co (HMHC) by 22.82% based on its latest 2017Q3 regulatory filing with the SEC. The hedge fund run by Alex Sacerdote held 1.00M shares of the technology company at the end of 2017Q3, valued at $41.88 million, down from 1.08M at the end of the previous reported quarter. Coe Capital Management Llc who had been investing in Ringcentral Inc for a number of months, seems to be less bullish one the $4.05 billion market cap company. The stock increased 4.67% or $2.3 during the last trading session, reaching $51.6. 546,320 shares of the company traded hands, compared to its average volume of 439,378.

RingCentral Inc (NYSE:RNG) CFO Mitesh Dhruv sold 3,000 shares of the company's stock in a transaction on Tuesday, December 19th. It has outperformed by 64.15% the S&P500.

Investors sentiment decreased to 1 in 2017 Q3. Its up 1.17, from 0.83 in 2017Q2. Capital World Investors increased its holdings in shares of RingCentral by 23.9% during the 2nd quarter. Shares for $379,800 were sold by Shah Praful on Monday, August 21. (NYSE:RNG) or 10,000 shares. The firm's revenue for the quarter was up 34.0% on a year-over-year basis. equities analysts predict that RingCentral will post -0.33 earnings per share for the current fiscal year. (NYSE:RNG). Raymond James Fincl Svcs owns 0.01% invested in RingCentral, Inc.

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More recent RingCentral, Inc. (NYSE:RNG). Amer Natl Registered Inv Advisor invested 0.25% in RingCentral, Inc.

Analysts expect Methanex Corporation (TSE:MX) to report $1.40 EPS on January, 24.They anticipate $1.03 EPS change or 278.38% from last quarter's $0.37 EPS. (NYSE:RNG) or 18,512 shares. Huntington Financial Bank invested in 0% or 1,373 shares. (NYSE:V). Amundi Pioneer Asset Inc invested 0.85% of its portfolio in Visa Inc. G2 Invest Prtn Mgmt Limited Liability stated it has 3.54% in RingCentral, Inc. It also reduced its holding in The Travelers Companies Inc.

Portolan Capital Management Llc, which manages about $535.17M and $838.78 million US Long portfolio, upped its stake in Usa Truck Inc. (NASDAQ:SAL) for 54,814 shares. Zacks Investment Research lowered shares of RingCentral from a "buy" rating to a "hold" rating in a report on Wednesday, October 18th. Therefore 82% are positive. The stock has "Buy" rating by Oppenheimer on Thursday, August 3. Craig Hallum restated a "buy" rating and issued a $50.00 target price (up from $40.00) on shares of RingCentral in a research report on Thursday, November 9th. The stock of RingCentral, Inc. (NYSE:RNG) earned "Buy" rating by SunTrust on Thursday, October 12. On Thursday, August 3 the stock rating was maintained by Oppenheimer with "Buy". Tower Research Capital LLC TRC acquired a new stake in Ringcentral during the second quarter valued at $116,000. Northland Capital has "Buy" rating and $50.0 target. Finally, Northland Securities reissued a "buy" rating and set a $46.00 target price on shares of RingCentral in a research note on Friday, November 10th. Finally, Vanguard Group Inc. raised its stake in Ringcentral by 7.4% in the second quarter. The software maker reported $0.06 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.02. Vanguard Group Inc. now owns 5,335,616 shares of the software maker's stock worth $195,017,000 after buying an additional 151,567 shares during the last quarter. After having $0.60 EPS previously, Salisbury Bancorp, Inc.'s analysts see 8.33% EPS growth.

Since August 16, 2017, it had 0 buys, and 22 sales for $18.39 million activity. Williams R Neil sold $869,000 worth of RingCentral, Inc. $3.17 million worth of RingCentral, Inc. (NYSE:RNG) was sold by Sipes David. Another trade for 6,000 shares valued at $254,580 was made by Marlow John H on Wednesday, September 13.

Among 23 analysts covering Boeing (NYSE:BA), 15 have Buy rating, 1 Sell and 7 Hold. Therefore 50% are positive. Boeing had 88 analyst reports since August 26, 2015 according to SRatingsIntel. The firm earned "Neutral" rating on Thursday, February 18 by Buckingham Research. The firm has "Outperform" rating by RBC Capital Markets given on Wednesday, December 9. The rating was maintained by Oppenheimer with "Outperform" on Tuesday, November 3. JP Morgan maintained the stock with "Overweight" rating in Friday, August 14 report. Morgan Stanley downgraded the shares of RNG in report on Thursday, July 20 to "Hold" rating. The company was maintained on Friday, April 28 by Credit Suisse. The Minnesota-based Accredited Invsts Incorporated has invested 0.65% in Tennant Company (NYSE:TNC). Loomis Sayles LP reported 721,399 shares. First Merchants stated it has 0.12% in The Boeing Company (NYSE:BA). Bnp Paribas Arbitrage holds 0% or 9,403 shares in its portfolio. 4,556 were reported by Bender Robert And Associates. Fishman Jay A Ltd Mi accumulated 130,267 shares or 2.8% of the stock. Principal Finance Gru Inc holds 0.01% or 134,416 shares. Bradley Foster Sargent Ct holds 0.06% or 2,700 shares in its portfolio. Bnp Paribas Arbitrage owns 7,277 shares or 0% of their United States portfolio. Corporate insiders own 14.53% of the company's stock. (NYSE:RNG). Whale Rock Capital Mngmt Ltd Com holds 2.18% or 1.00M shares in its portfolio. Keystone Planning Inc has invested 6.04% of its portfolio in The Boeing Company (NYSE:BA).

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