Recently, Vaibhav Agarwal, Deputy CFO at RingCentral Inc (NYSE: RNG), conducted a significant insider sell by disposing of 5,433 shares of the company on November 21, 2023.
RingCentral Inc. stands as a notable player in cloud-based communication and collaboration solutions, offering a range of services encompassing voice, video, team messaging, and contact center solutions.
As the Deputy Chief Financial Officer at RingCentral Inc., Vaibhav Agarwal oversees the company’s financial operations and strategy, offering insights into its financial health and future prospects.
Vaibhav Agarwal’s recent sell-off aligns with a broader trend observed over the past year. Agarwal has exclusively sold 30,668 shares without making any purchases. The insider transaction history at RingCentral Inc. over the past year shows 23 insider sells and no insider buys.
During Agarwal’s sell transaction, RingCentral Inc. shares were trading at $29.45, resulting in a market cap of $2.723 billion.
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