Vladimir Shmunis Sells 95,831 Shares of RingCentral (NYSE:RNG) Stock

RingCentral, Inc. (NYSE:RNG) CEO Vladimir Shmunis sold 95,831 shares of the company’s stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $35.59, for a total value of $3,410,625.29. Following the completion of the sale, the chief executive officer owned 126,685 shares of the company’s stock, valued at approximately $4,508,719.15. The trade was a 43.07% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link.

Vladimir Shmunis also recently made the following trade(s):

• On Monday, February 23rd, Vladimir Shmunis sold 45,284 shares of RingCentral stock. The shares were sold at an average price of $35.26, for a total value of $1,596,713.84.

RingCentral Trading Down 2.1%

Shares of NYSE:RNG opened at $34.46 on Thursday. The stock has a 50 day moving average of $28.70 and a 200 day moving average of $29.02. The company has a market cap of $2.98 billion, a PE ratio of 71.80, a price-to-earnings-growth ratio of 1.38 and a beta of 1.23. RingCentral, Inc. has a 12-month low of $20.58 and a 12-month high of $40.64.

RingCentral (NYSE:RNG) last issued its quarterly earnings results on Thursday, February 19th. The software maker reported $1.18 earnings per share for the quarter, beating the consensus estimate of $1.14 by $0.04. The business had revenue of $644.03 million for the quarter, compared to the consensus estimate of $643.52 million. RingCentral had a net margin of 1.73% and a negative return on equity of 29.05%. The company’s revenue for the quarter was up 4.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.98 earnings per share. RingCentral has set its FY 2026 guidance at 4.760-4.970 EPS and its Q1 2026 guidance at 1.160-1.190 EPS. Equities research analysts predict that RingCentral, Inc. will post 1.29 earnings per share for the current fiscal year.

RingCentral Announces Dividend

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be paid a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Monday, March 9th.

Analyst Ratings Changes

Several analysts recently issued reports on the company. Mizuho increased their target price on RingCentral from $27.00 to $32.00 and gave the stock a “neutral” rating in a research report on Friday, February 20th. Piper Sandler increased their price objective on shares of RingCentral from $28.00 to $37.00 and gave the company a “neutral” rating in a report on Monday. Oppenheimer reissued an “outperform” rating on shares of RingCentral in a report on Friday, February 20th. Zacks Research cut shares of RingCentral from a “hold” rating to a “strong sell” rating in a research note on Tuesday, February 3rd. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $36.00 price target on shares of RingCentral in a report on Tuesday, November 4th. Four research analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and a consensus target price of $34.04.

Institutional Investors Weigh In On RingCentral

Hedge funds have recently bought and sold shares of the business. Global Retirement Partners LLC grew its stake in shares of RingCentral by 98.5% in the 3rd quarter. Global Retirement Partners LLC now owns 901 shares of the software maker’s stock worth $26,000 after buying an additional 447 shares in the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of RingCentral by 269.3% in the 4th quarter. EverSource Wealth Advisors LLC now owns 1,012 shares of the software maker’s stock valued at $29,000 after acquiring an additional 738 shares during the last quarter. Harvest Fund Management Co. Ltd purchased a new position in RingCentral in the third quarter worth about $30,000. Jones Financial Companies Lllp increased its stake in RingCentral by 61.6% during the third quarter. Jones Financial Companies Lllp now owns 1,217 shares of the software maker’s stock worth $37,000 after acquiring an additional 464 shares during the last quarter. Finally, Covestor Ltd raised its position in RingCentral by 198.5% during the fourth quarter. Covestor Ltd now owns 1,594 shares of the software maker’s stock valued at $46,000 after purchasing an additional 1,060 shares during the period. Hedge funds and other institutional investors own 98.61% of the company’s stock.

RingCentral News Summary

Here are the key news stories impacting RingCentral this week:

• Positive Sentiment: Company announced its first quarterly dividend and expanded its buyback program after beating Q4 estimates — news that supports shareholder returns and helped spark recent upside. RingCentral Is Up After New Dividend, Buyback Expansion And AI Revenue Rebound
• Positive Sentiment: Record free cash flow, a return to positive GAAP operating margin and bullish FY26 guidance (stronger FCF, margin and subscription-growth targets) underpin the company’s ability to fund returns and de-lever. RingCentral’s Cash Flow Hit a Record—And It’s Fueling Bigger Returns
• Positive Sentiment: AI revenue and attach rates are accelerating (pure-AI ARR up sharply; AI attach rates doubled), which can lift ARPU and retention if adoption continues — a multi-quarter growth lever for investors. RingCentral AI traction coverage
• Neutral Sentiment: Analyst coverage is mixed: only a minority rate RNG a Buy and the consensus price target sits below recent trade, which limits near-term upside according to Street estimates. RNG Stock Page – MarketBeat
• Negative Sentiment: Significant insider selling this week — CEO, COO and CFO disclosed large share sales (multiple Form 4 filings) — which can be read as profit-taking or reduced insider conviction and tends to pressure sentiment. Insider Selling Alert
• Negative Sentiment: Short interest jumped ~24% in February to ~13.7% of the float (days-to-cover ~2.7), increasing the potential for downward pressure or volatility if negative sentiment persists. Short interest report

RingCentral Company Profile

RingCentral, Inc is a leading provider of cloud-based business communications and collaboration solutions. The company’s flagship platform delivers unified communications as a service (UCaaS), integrating voice over IP (VoIP) phone systems, video conferencing, team messaging and SMS into a single, cloud-native application. In addition to its UCaaS offering, RingCentral provides contact center as a service (CCaaS) capabilities, enabling organizations to manage customer interactions across voice, email, chat and social channels from a centralized dashboard.

Founded in 1999 and headquartered in Belmont, California, RingCentral went public on the New York Stock Exchange under the ticker RNG in 2013.