RingCentral, Inc. (NYSE:RNG) CFO Vaibhav Agarwal Sells 2,247 Shares
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RingCentral, Inc. CFO Vaibhav Agarwal sold 2,247 shares at $27.97 each, totaling $62,848.59, reducing his ownership by 1.82%. He now holds 120,982 shares valued at approximately $3.38 million. The transaction was disclosed to the SEC. RingCentral's stock opened at $28.10, with a market cap of $2.55 billion. The company reported a quarterly EPS of $1.00, exceeding estimates, and revenue of $612.06 million. Analysts have mixed ratings on the stock, with an average target price of $32.77. Hedge funds hold 98.61% of the stock.
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