David Sipes - Net Worth and Insider Trading
David Sipes Net Worth
The estimated net worth of David Sipes is at least $8 Million dollars as of 2024-09-22. David Sipes is the COO of RingCentral Inc and owns about 200,853 shares of RingCentral Inc (RNG) stock worth over $6 Million. David Sipes is also the CEO of 8x8 Inc and owns about 1,051,471 shares of 8x8 Inc (EGHT) stock worth over $2 Million. Details can be seen in David Sipes's Latest Holdings Summary section.
Disclaimer: The insider information is derived from SEC filings. The estimated net worth is based on the final shares held after open market or private purchases and sales of common stock with a transaction code of "P" or "S" on Form 4, assuming that David Sipes has not made any transactions after 2022-09-16 and currently still holds the listed stock(s). Please note that this estimate may not reflect the actual net worth.
Transaction Summary of David Sipes
David Sipes Insider Ownership Reports
Based on ownership reports from SEC filings, as the reporting owner, David Sipes owns 2 companies in total, including RingCentral Inc (RNG) , and 8x8 Inc (EGHT) .
Click here to see the complete history of David Sipes’s form 4 insider trades.
Insider Ownership Summary of David Sipes
| Ticker | Comapny | Transaction Date | Type of Owner |
|---|---|---|---|
| RNG | RingCentral Inc | 2019-12-09 | EVP of International Business |
| EGHT | 8x8 Inc | 2022-09-16 | Chief Executive Officer |
David Sipes Latest Holdings Summary
David Sipes currently owns a total of 2 stocks. Among these stocks, David Sipes owns 200,853 shares of RingCentral Inc (RNG) as of December 9, 2019, with a value of $6 Million and a weighting of 75.3%. David Sipes also owns 1,051,471 shares of 8x8 Inc (EGHT) as of September 16, 2022, with a value of $2 Million and a weighting of 24.7%.
Latest Holdings of David Sipes
| Ticker | Comapny | Latest Transaction Date | Shares Owned | Current Price ($) | Current Value ($) |
|---|---|---|---|---|---|
| RNG | RingCentral Inc | 2019-12-09 | 200,853 | 30.32 | 6,089,863 |
| EGHT | 8x8 Inc | 2022-09-16 | 1,051,471 | 1.90 | 1,997,795 |
Holding Weightings of David Sipes
David Sipes Form 4 Trading Tracker
According to the SEC Form 4 filings, David Sipes has made a total of 4 transactions in RingCentral Inc (RNG) over the past 5 years, including 0 buys and 4 sells. The most-recent trade in RingCentral Inc is the sale of 20,517 shares on December 9, 2019, which brought David Sipes around $3 Million.
According to the SEC Form 4 filings, David Sipes has made a total of 8 transactions in 8x8 Inc (EGHT) over the past 5 years, including 1 buys and 7 sells. The most-recent trade in 8x8 Inc is the sale of 4,586 shares on September 16, 2022, which brought David Sipes around $19,766.
Insider Trading History of David Sipes
- 1
David Sipes Trading Performance
GuruFocus tracks the stock performance after each of David Sipes's buying transactions within different timeframes. To be detailed, the average return of stocks after 3 months bought by David Sipes is 5.91%. GuruFocus also compares David Sipes's trading performance to market benchmark return within the same time period. The performance of stocks bought by David Sipes within 3 months outperforms 0 times out of 1 transactions in total compared to the return of S&P 500 within the same period.
You can select different timeframes to see how David Sipes's insider trading performs compared to the benchmark.
Performance of David Sipes
Average Return
Outperforming Transactions
| 1 Month | 3 Months | 6 Months | 1 Year | 2 Years | 3 Years | |
|---|---|---|---|---|---|---|
| Return(%) | 13.88 | | | | | |
| Relative Return to S&P 500(%) | 10.77 | | | | | |
David Sipes Ownership Network
David Sipes Owned Company Details
What does RingCentral Inc do?
Who are the key executives at RingCentral Inc?
David Sipes is the EVP of International Business of RingCentral Inc. Other key executives at RingCentral Inc include Chief Financial Officer Sonalee Elizabeth Parekh , SVP & General Counsel John H Marlow , and director & 10 percent owner & CEO and Chairman Vladimir Shmunis .
RingCentral Inc (RNG) Insider Trades Summary
Over the past 18 months, David Sipes made no insider transaction in RingCentral Inc (RNG). Other recent insider transactions involving RingCentral Inc (RNG) include a net sale of 67,870 shares made by Vaibhav Agarwal , a net sale of 592,829 shares made by Vladimir Shmunis , and a net sale of 184,971 shares made by John H Marlow .
In summary, during the past 3 months, insiders sold 156,528 shares of RingCentral Inc (RNG) in total and bought 0 shares, with a net sale of 156,528 shares. During the past 18 months, 965,678 shares of RingCentral Inc (RNG) were sold and 0 shares were bought by its insiders, resulting in a net sale of 965,678 shares.
RingCentral Inc (RNG)'s detailed insider trading history can be found in Insider Trading Tracker table.
RingCentral Inc Insider Transactions
David Sipes Mailing Address
Above is the net worth, insider trading, and ownership report for David Sipes. You might contact David Sipes via mailing address: 1400 Fashion Island Blvd.,, Suite 7th Floor, San Mateo Ca 94404.
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
