The President & CEO of Quidel (QDEL), Douglas Bryant Unloaded 36,000 Shares; RingCentral, Inc. (RNG) Had 14 Bulls

RingCentral, Inc. (NYSE:RNG) Logo

Among 18 analysts covering RingCentral (NYSE:RNG), 14 have Buy rating, 0 Sell and 4 Hold. Therefore 78% are positive. RingCentral had 63 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Hold” rating by Morgan Stanley given on Thursday, July 20. William Blair maintained the shares of RNG in report on Tuesday, May 23 with “Outperform” rating. The company was maintained on Tuesday, February 13 by Northland Capital. The rating was maintained by Oppenheimer on Wednesday, December 16 with “Outperform”. RBC Capital Markets maintained it with “Outperform” rating and $26 target in Wednesday, December 2 report. William Blair maintained the shares of RNG in report on Monday, October 23 with “Buy” rating. The firm has “Equal-Weight” rating by Morgan Stanley given on Thursday, December 17. As per Tuesday, February 13, the company rating was maintained by Robert W. Baird. Northland Capital maintained the shares of RNG in report on Thursday, July 20 with “Buy” rating. Northland Capital maintained it with “Buy” rating and $7500 target in Monday, April 23 report. See RingCentral, Inc. (NYSE:RNG) latest ratings:

27/04/2018 Broker: Morgan Stanley Old Rating: Equal-Weight New Rating: Equal-Weight Old Target: $60 New Target: $66 Maintain
23/04/2018 Broker: Northland Capital Rating: Buy New Target: $75.0000 Maintain
16/03/2018 Broker: Jefferies Rating: Buy New Target: $81.0 Maintain
13/02/2018 Broker: Stephens Rating: Buy New Target: $60.0 Maintain
13/02/2018 Broker: Robert W. Baird Rating: Hold New Target: $58.0 Maintain
13/02/2018 Broker: Northland Capital Rating: Buy New Target: $61.0 Maintain
13/02/2018 Broker: Bank of America Old Rating: Buy New Rating: Buy Old Target: $57 New Target: $67 Maintain
13/02/2018 Broker: Craig Hallum Rating: Buy New Target: $65.0 Maintain
13/02/2018 Broker: JP Morgan Old Rating: Neutral New Rating: Neutral Old Target: $52 New Target: $60 Maintain
13/02/2018 Broker: Morgan Stanley Old Rating: Overweight New Rating: Overweight Old Target: $50 New Target: $60 Maintain

Investors sentiment decreased to 0.97 in Q4 2017. Its down 0.02, from 0.99 in 2017Q3. It is negative, as 10 investors sold RingCentral, Inc. shares while 76 reduced holdings. 35 funds opened positions while 48 raised stakes. 56.14 million shares or 1.08% more from 55.54 million shares in 2017Q3 were reported. Timpani Mngmt Limited Liability holds 1.53% in RingCentral, Inc. (NYSE:RNG) or 88,070 shares. Alabama-based Oakworth Cap Incorporated has invested 0% in RingCentral, Inc. (NYSE:RNG). Point72 Asia (Hong Kong) invested 0% in RingCentral, Inc. (NYSE:RNG). Portolan Management Llc reported 56,693 shares stake. Soros Fund Management Limited Liability has 0.28% invested in RingCentral, Inc. (NYSE:RNG). 1492 Capital Mgmt Ltd owns 113,915 shares for 4.3% of their portfolio. Sg Americas Securities Lc has invested 0% in RingCentral, Inc. (NYSE:RNG). Proshare Advsr Ltd Liability Corporation, Maryland-based fund reported 9,660 shares. Cubist Systematic Strategies Llc holds 0.02% of its portfolio in RingCentral, Inc. (NYSE:RNG) for 7,437 shares. Barclays Pcl holds 0% of its portfolio in RingCentral, Inc. (NYSE:RNG) for 94,731 shares. Meeder Asset Management Incorporated stated it has 0.01% of its portfolio in RingCentral, Inc. (NYSE:RNG). Shell Asset Mgmt holds 0.18% or 191,749 shares. Amalgamated Comml Bank has invested 0.01% of its portfolio in RingCentral, Inc. (NYSE:RNG). Metropolitan Life Insur Co stated it has 20,321 shares. Axiom Ltd Com De accumulated 140,355 shares or 0.17% of the stock.

The stock decreased 0.52% or $0.35 during the last trading session, reaching $67.05. About 483,625 shares traded. RingCentral, Inc. (NYSE:RNG) has risen 143.04% since May 1, 2017 and is uptrending. It has outperformed by 131.49% the S&P500.

RingCentral, Inc. provides software-as-a-service solutions for business communications in the United States and internationally. The company has market cap of $5.27 billion. The companyÂ’s products include RingCentral Office, a multi-tenant, multi-location, enterprise-grade communications solution that enables employees to communicate through voice, text, team messaging and collaboration, and HD video and Web conferencing, including smartphones, tablets, PCs, and desk phones for businesses that require a communications solution; RingCentral Professional, an inbound call routing subscription with text and fax capabilities primarily for smaller businesses; and RingCentral Fax solution that provides Internet fax capabilities, which allow businesses to send and receive fax documents without the need for a fax machine. It currently has negative earnings. The Company’s products also comprise RingCentral Contact Center, which provides a cloud based contact center solution that delivers multi-channel capabilities; and RingCentral Glip, a team messaging and collaboration solution that allows a range of teams to stay connected through various modes of communication through an integration with RingCentral Office.

Since December 11, 2017, it had 0 buys, and 19 insider sales for $13.15 million activity. Shares for $447,175 were sold by Sipes David on Wednesday, December 13. 10,000 shares were sold by Shah Praful, worth $476,502 on Thursday, January 4. Another trade for 3,000 shares valued at $187,560 was sold by Dhruv Mitesh. On Thursday, February 22 Marlow John H sold $803,642 worth of RingCentral, Inc. (NYSE:RNG) or 12,639 shares. Shmunis Vladimir also sold $1.59M worth of RingCentral, Inc. (NYSE:RNG) on Tuesday, April 10.

Douglas Bryant, President & CEO of Quidel Corp, in an insider selling trade unloaded some 36,000 shares whose worth is estimated to be $2,019,168 at average stock price of $56.1. Because it was a sizable one trade, it’s not likely to remain disregarded one. Douglas Bryant currently owns 294,313 shares or 0.79% of the Company’s total market cap. The stock transaction by Mr. Douglas – was dated on April 30, 2018 and made public in a SEC’s filing available here.

Among 9 analysts covering Quidel (NASDAQ:QDEL), 9 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Quidel has $6400 highest and $16 lowest target. $59.80’s average target is 5.47% above currents $56.7 stock price. Quidel had 36 analyst reports since September 2, 2015 according to SRatingsIntel. The company was maintained on Tuesday, January 2 by Canaccord Genuity. The rating was upgraded by PiperJaffray to “Overweight” on Tuesday, September 19. On Monday, June 13 the stock rating was upgraded by Raymond James to “Outperform”. The rating was maintained by Barclays Capital on Tuesday, September 19 with “Overweight”. The firm has “Outperform” rating given on Tuesday, September 19 by Raymond James. The rating was initiated by Barclays Capital on Wednesday, September 2 with “Overweight”. The stock of Quidel Corporation (NASDAQ:QDEL) earned “Buy” rating by Craig Hallum on Monday, March 26. Canaccord Genuity downgraded the shares of QDEL in report on Tuesday, February 9 to “Hold” rating. The firm has “Buy” rating by Canaccord Genuity given on Tuesday, October 24. Barclays Capital maintained Quidel Corporation (NASDAQ:QDEL) on Monday, January 22 with “Buy” rating.

Since December 8, 2017, it had 0 insider buys, and 9 sales for $13.79 million activity. Bujarski Robert Joseph had sold 110,704 shares worth $4.40 million. Shares for $1.35 million were sold by BORKAR RATAN S. Shares for $1.69M were sold by BRYANT DOUGLAS C. $661,529 worth of Quidel Corporation (NASDAQ:QDEL) was sold by Kroll Werner. 12,000 Quidel Corporation (NASDAQ:QDEL) shares with value of $582,031 were sold by SCHULER JACK W. STEWARD RANDALL J sold $1.46 million worth of stock.

The stock increased 1.34% or $0.75 during the last trading session, reaching $56.7. About 315,213 shares traded. Quidel Corporation (NASDAQ:QDEL) has risen 128.16% since May 1, 2017 and is uptrending. It has outperformed by 116.61% the S&P500.

Investors sentiment decreased to 1.17 in 2017 Q4. Its down 0.03, from 1.2 in 2017Q3. It dropped, as 18 investors sold Quidel Corporation shares while 35 reduced holdings. 27 funds opened positions while 35 raised stakes. 30.94 million shares or 0.83% more from 30.68 million shares in 2017Q3 were reported. California Public Employees Retirement accumulated 0% or 59,799 shares. Aqr Capital Mgmt Ltd Llc holds 0% of its portfolio in Quidel Corporation (NASDAQ:QDEL) for 23,374 shares. Metropolitan Life Insurance Company Ny holds 0.01% of its portfolio in Quidel Corporation (NASDAQ:QDEL) for 9,220 shares. First Tru L P holds 0.01% of its portfolio in Quidel Corporation (NASDAQ:QDEL) for 65,208 shares. Moreover, Cannell Peter B Com has 0.61% invested in Quidel Corporation (NASDAQ:QDEL). Barclays Public Ltd, United Kingdom-based fund reported 6,172 shares. Morgan Stanley owns 86,452 shares. Acadian Asset Management Ltd Liability Com reported 7,671 shares stake. Fred Alger reported 985,376 shares. Jacobs Levy Equity Mgmt reported 87,052 shares. Wells Fargo And Company Mn invested 0% of its portfolio in Quidel Corporation (NASDAQ:QDEL). Illinois-based Northern Trust Corporation has invested 0% in Quidel Corporation (NASDAQ:QDEL). Dupont Management owns 0.03% invested in Quidel Corporation (NASDAQ:QDEL) for 31,111 shares. Birchview Ltd Partnership has invested 0.99% in Quidel Corporation (NASDAQ:QDEL). Tiaa Cref Invest Management Lc holds 0% of its portfolio in Quidel Corporation (NASDAQ:QDEL) for 109,520 shares.

RingCentral, Inc. (NYSE:RNG) Institutional Positions Chart