Vladimir Shmunis Sells 45,284 Shares of RingCentral (NYSE:RNG) Stock

RingCentral, Inc. (NYSE:RNG) CEO Vladimir Shmunis sold 45,284 shares of RingCentral stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $35.26, for a total transaction of $1,596,713.84. Following the completion of the transaction, the chief executive officer directly owned 222,516 shares in the company, valued at $7,845,914.16. This represents a 16.91% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

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

• On Tuesday, February 24th, Vladimir Shmunis sold 95,831 shares of RingCentral stock. The stock was sold at an average price of $35.59, for a total transaction of $3,410,625.29.

RingCentral Stock Performance

RingCentral stock opened at $34.46 on Thursday. The firm has a market cap of $2.98 billion, a price-to-earnings ratio of 71.80, a price-to-earnings-growth ratio of 1.38 and a beta of 1.23. RingCentral, Inc. has a 1 year low of $20.58 and a 1 year high of $40.64. The firm’s 50 day moving average price is $28.70 and its two-hundred day moving average price is $29.02.

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

RingCentral Announces Dividend

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

Analyst Ratings Changes

Several research analysts have commented on the stock. Rosenblatt Securities raised their target price on shares of RingCentral from $32.00 to $37.50 and gave the stock a “buy” rating in a report on Friday, February 20th. Robert W. Baird upped their price target on shares of RingCentral from $30.00 to $34.00 and gave the company a “neutral” rating in a research report on Monday. UBS Group set a $38.00 price objective on shares of RingCentral in a research note on Friday, February 20th. Needham & Company LLC reiterated a “buy” rating and set a $36.00 price objective on shares of RingCentral in a research report on Tuesday, November 4th. Finally, Weiss Ratings reissued a “sell (d+)” rating on shares of RingCentral in a research note on Monday, December 29th. Four equities 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. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average price target of $34.04.

Key RingCentral News

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

Institutional Inflows and Outflows

Several hedge funds have recently bought and sold shares of RNG. Rothschild Investment LLC raised its stake in shares of RingCentral by 15.8% during the 4th quarter. Rothschild Investment LLC now owns 2,681 shares of the software maker’s stock worth $77,000 after purchasing an additional 366 shares in the last quarter. Amalgamated Bank raised its position in RingCentral by 6.9% during the third quarter. Amalgamated Bank now owns 6,512 shares of the software maker’s stock valued at $185,000 after acquiring an additional 418 shares in the last quarter. Global Retirement Partners LLC lifted its stake in RingCentral by 98.5% in the third quarter. Global Retirement Partners LLC now owns 901 shares of the software maker’s stock valued at $26,000 after acquiring an additional 447 shares during the last quarter. Jones Financial Companies Lllp increased its stake in shares of RingCentral by 61.6% during the 3rd quarter. Jones Financial Companies Lllp now owns 1,217 shares of the software maker’s stock worth $37,000 after purchasing an additional 464 shares during the last quarter. Finally, Xponance LLC raised its holdings in shares of RingCentral by 4.0% during the 4th quarter. Xponance LLC now owns 12,059 shares of the software maker’s stock valued at $348,000 after purchasing an additional 464 shares in the last quarter. 98.61% of the stock is owned by institutional investors and hedge funds.

About RingCentral

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.