13,439 RingCentral, Inc. $RNG Shares Purchased by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC grew its holdings in shares of RingCentral, Inc. (NYSE:RNG) by 3,230.5% during the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 13,855 shares of the software maker’s stock after purchasing an additional 13,439 shares during the period. Nisa Investment Advisors LLC’s holdings in RingCentral were worth $1,035,000 at the end of the most recent quarter.

Several other hedge funds also recently made changes to their positions in the business. Robeco Institutional Asset Management B.V. bought a new position in shares of RingCentral during the third quarter worth approximately $2,021,000. Fairvoy Private Wealth LLC acquired a new stake in shares of RingCentral in the third quarter valued at approximately $1,202,000. Robertson Stephens Wealth Management LLC raised its position in shares of RingCentral by 3.4% in the third quarter. Robertson Stephens Wealth Management LLC now owns 66,160 shares of the software maker’s stock valued at $4,942,000 after buying an additional 2,179 shares in the last quarter. Fortitude Family Office LLC boosted its stake in shares of RingCentral by 128.1% in the third quarter. Fortitude Family Office LLC now owns 349 shares of the software maker’s stock valued at $26,000 after buying an additional 196 shares during the period. Finally, NorthCrest Asset Manangement LLC bought a new stake in shares of RingCentral in the third quarter valued at approximately $303,000. 98.61% of the stock is owned by institutional investors.

RingCentral Stock Up 4.1%

Shares of RingCentral stock opened at $86.82 on Tuesday. RingCentral, Inc. has a 12-month low of $24.14 and a 12-month high of $98.14. The company has a market capitalization of $7.25 billion, a price-to-earnings ratio of 11.48, a PEG ratio of 1.44 and a beta of 1.10. The firm’s 50-day moving average price is $74.28 and its two-hundred day moving average price is $48.04.

RingCentral (NYSE:RNG) last issued its earnings results on Thursday, October 22nd. The software maker reported $1.33 EPS for the quarter, beating the consensus estimate of $1.28 by $0.05. RingCentral had a net margin of 25.27% and a negative return on equity of 50.15%. The company had revenue of $676.04 million during the quarter, compared to analysts’ expectations of $667.30 million. During the same period in the previous year, the company earned $1.13 EPS. The business’s revenue for the quarter was up 5.8% compared to the same quarter last year. On average, sell-side analysts expect that RingCentral, Inc. will post 2.89 earnings per share for the current year.

RingCentral Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Friday, November 20th. Investors of record on Friday, November 6th will be paid a $0.1250 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 0.6%. The ex-dividend date of this dividend is Friday, November 6th. RingCentral’s dividend payout ratio (DPR) is 6.61%.

Insiders Place Their Bets

In other RingCentral news, CAO Tarun Arora sold 4,172 shares of the company’s stock in a transaction on Wednesday, September 9th. The stock was sold at an average price of $70.36, for a total transaction of $293,541.92. Following the completion of the sale, the chief accounting officer directly owned 65,692 shares in the company, valued at $4,622,089.12. This represents a 5.97% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Amy Shenkan sold 1,264 shares of the firm’s stock in a transaction on Friday, October 2nd. The shares were sold at an average price of $78.89, for a total value of $99,716.96. Following the completion of the sale, the director directly owned 28,108 shares in the company, valued at approximately $2,217,440.12. This represents a 4.30% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 84,625 shares of company stock valued at $6,024,953 over the last three months. 7.30% of the stock is owned by corporate insiders.

Analyst Upgrades and Downgrades

RNG has been the topic of a number of analyst reports. Weiss Ratings raised RingCentral from a “hold (c)” rating to a “buy (b-)” rating in a research report on Thursday, October 8th. Needham & Company LLC raised their price objective on RingCentral from $85.00 to $110.00 and gave the stock a “buy” rating in a research note on Friday. Evercore set a $90.00 price objective on RingCentral in a report on Friday. Wells Fargo & Company upped their target price on RingCentral from $65.00 to $85.00 and gave the company an “equal weight” rating in a research report on Friday. Finally, FBN Securities reiterated an “outperform” rating and set a $105.00 target price on shares of RingCentral in a research report on Friday. Six analysts have rated the stock with a Buy rating and eight have given a Hold rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $93.92.

RingCentral News Summary

Here are the key news stories impacting RingCentral this week:

• Positive Sentiment: Rosenblatt raises target and turns bullish: Rosenblatt Securities increased its price target from $80 to $105 and upgraded RingCentral to “buy,” implying approximately 21% upside from the referenced $86.82 price. Rosenblatt Securities stock recommendations
• Positive Sentiment: Earnings beat reinforced the profit-growth story: RingCentral reported quarterly EPS of $1.33, above the $1.28 consensus estimate, while revenue of $676.0 million exceeded expectations of $667.3 million and increased 5.8% year over year. Coverage highlighted the results as evidence that the company’s profitability is improving. RingCentral stock price climbs as Q3 earnings recast the profit story
• Positive Sentiment: Higher guidance and AI opportunity: Analysts raised their views on RingCentral’s fair value and future performance, citing stronger 2026 guidance, artificial-intelligence-driven products, and expanding margins. This supports the view that the company can grow earnings despite its already substantial year-to-date rally. RingCentral stock fair value rises after analysts lift views on AI and margins
• Positive Sentiment: Broad analyst support: Needham, Morgan Stanley, and Wells Fargo were also reported to have increased their RingCentral price expectations, adding further institutional validation to the bullish narrative. RingCentral price target increase from Needham
• Neutral Sentiment: Valuation remains the key debate: Bullish coverage argues that RingCentral remains inexpensive relative to its earnings potential, but the stock’s sharp rally and proximity to its 12-month high could increase expectations and volatility. RingCentral remains cheap despite surge

RingCentral Company Profile

RingCentral, Inc is a provider of cloud-based business communications and collaboration solutions. Its platform enables organizations to manage business phone services, team messaging, video meetings, contact center operations and other communications through internet-based applications rather than traditional on-premises systems.

The company’s offerings include RingEX, a unified communications platform that combines voice, messaging and video; RingCentral Video for online meetings and collaboration; and RingCX, a cloud contact center solution.