RingCentral (NYSE:RNG) CEO Sells $1,596,713.84 in Stock

RingCentral, Inc. (NYSE:RNG) CEO Vladimir Shmunis sold 45,284 shares of the business’s stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $35.26, for a total value of $1,596,713.84. Following the completion of the transaction, the chief executive officer owned 222,516 shares of the company’s stock, valued at $7,845,914.16. This trade represents a 16.91% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available 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 value of $3,410,625.29.

RingCentral Stock Up 2.2%

Shares of NYSE:RNG traded up $0.75 during midday trading on Tuesday, reaching $35.33. The company’s stock had a trading volume of 3,145,876 shares, compared to its average volume of 2,795,091. The firm has a market cap of $3.06 billion, a price-to-earnings ratio of 73.60, a price-to-earnings-growth ratio of 1.63 and a beta of 1.23. The business has a 50 day moving average price of $28.49 and a 200 day moving average price of $28.93. RingCentral, Inc. has a 1 year low of $20.58 and a 1 year 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 (EPS) for the quarter, topping analysts’ consensus estimates of $1.14 by $0.04. RingCentral had a negative return on equity of 29.05% and a net margin of 1.73%.The firm had revenue of $644.03 million for the quarter, compared to analyst estimates of $643.52 million. During the same period last year, the company earned $0.98 EPS. The firm’s quarterly revenue was up 4.8% on a year-over-year basis. RingCentral has set its FY 2026 guidance at 4.760-4.970 EPS and its Q1 2026 guidance at 1.160-1.190 EPS. Sell-side analysts anticipate that RingCentral, Inc. will post 1.29 earnings per share for the current fiscal year.

RingCentral Dividend Announcement

The business also recently announced a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 9th will be issued a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a yield of 0.8%. The ex-dividend date is Monday, March 9th.

Key Headlines Impacting RingCentral

Here are the key news stories impacting RingCentral this week:

• Positive Sentiment: Company beat Q4 expectations, raised forward-looking targets and announced its first dividend plus an expanded buyback program — a package that supports higher shareholder returns and helped lift sentiment. RingCentral (RNG) Is Up 14.5% After New Dividend, Buyback Expansion And AI Revenue Rebound – What’s Changed
• Positive Sentiment: AI traction is accelerating: AI product attach rates have more than doubled year-over-year and pure-AI ARR has surged — supporting higher ARPU and improving retention, which investors view as a multi-year growth catalyst. RingCentral: Fantastic Rally Setup As AI Attach Rates Grow
• Positive Sentiment: Free cash flow and margins improved: full-year free cash flow hit a record, GAAP operating margin turned positive, and management guided to stronger FCF and margin targets for FY26 — enabling the dividend and larger $500M buyback. RingCentral Q4 2025 Earnings Report
• Neutral Sentiment: Analyst coverage remains mixed: only a minority of analysts rate RNG a Buy and the consensus price target sits below recent trade, suggesting limited near-term upside per Street estimates. RNG Stock Page – MarketBeat
• Negative Sentiment: Insider selling this week: CEO Vladimir Shmunis, COO Kira Makagon and CFO Vaibhav Agarwal disclosed sizable stock sales (multiple Form 4 filings), which investors can interpret as profit-taking or reduced insider conviction. CEO Form 4: CEO Insider Sale Form 4; COO Form 4: COO Insider Sale Form 4; CFO Form 4: CFO Insider Sale Form 4
• Negative Sentiment: Structural risks remain: revenue growth is still modest versus large competitors, and the company carries meaningful debt — both factors that could limit upside if AI adoption or FCF improvement slows. No direct article link

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Global Retirement Partners LLC boosted its position in shares of RingCentral by 98.5% in the third quarter. Global Retirement Partners LLC now owns 901 shares of the software maker’s stock worth $26,000 after buying an additional 447 shares during the period. EverSource Wealth Advisors LLC raised its holdings in shares of RingCentral by 269.3% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,012 shares of the software maker’s stock valued at $29,000 after buying an additional 738 shares during the period. Harvest Fund Management Co. Ltd acquired a new position in RingCentral during the 3rd quarter worth approximately $30,000. Jones Financial Companies Lllp lifted its position in 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 acquiring an additional 464 shares in the last quarter. Finally, Covestor Ltd boosted its holdings in RingCentral by 198.5% in the 4th quarter. Covestor Ltd now owns 1,594 shares of the software maker’s stock worth $46,000 after acquiring an additional 1,060 shares during the period. 98.61% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

A number of equities analysts have weighed in on the stock. Rosenblatt Securities lifted their price target on shares of RingCentral from $32.00 to $37.50 and gave the company a “buy” rating in a report on Friday. Morgan Stanley lifted their target price on RingCentral from $30.00 to $33.00 and gave the company an “equal weight” rating in a report on Friday. Oppenheimer restated an “outperform” rating on shares of RingCentral in a research note on Friday. Needham & Company LLC reaffirmed a “buy” rating and issued a $36.00 price objective on shares of RingCentral in a research note on Tuesday, November 4th. Finally, Zacks Research cut RingCentral from a “hold” rating to a “strong sell” rating in a report on Tuesday, February 3rd. Four investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and two have assigned a Sell rating to the company. According to MarketBeat.com, RingCentral currently has a consensus rating of “Hold” and a consensus price target of $34.04.

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.