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

RingCentral, Inc. (NYSE:RNG) CEO Vladimir Shmunis sold 95,831 shares of the business’s stock in a transaction dated Tuesday, February 24th. The shares were sold at an average price of $35.59, for a total transaction of $3,410,625.29. Following the completion of the transaction, the chief executive officer owned 126,685 shares in the company, valued at approximately $4,508,719.15. The trade was a 43.07% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at 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 stock was sold at an average price of $35.26, for a total transaction of $1,596,713.84.

RingCentral Trading Up 2.2%

NYSE:RNG opened at $35.33 on Wednesday. RingCentral, Inc. has a 12 month low of $20.58 and a 12 month high of $40.64. The firm’s 50 day moving average is $28.60 and its 200 day moving average is $28.98. The stock has a market capitalization of $3.06 billion, a PE ratio of 73.60, a price-to-earnings-growth ratio of 1.39 and a beta of 1.23.

RingCentral (NYSE:RNG) last released its 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 business had revenue of $644.03 million during the quarter, compared to the consensus estimate of $643.52 million. During the same period last year, the business posted $0.98 earnings per share. The business’s revenue for the quarter 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. Research analysts predict that RingCentral, Inc. will post 1.29 earnings per share for the current year.

RingCentral Dividend Announcement

The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Shareholders of record on Monday, March 9th will be issued a dividend of $0.075 per share. The ex-dividend date of this dividend is Monday, March 9th. This represents a $0.30 annualized dividend and a yield of 0.8%.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently modified their holdings of the business. Capital World Investors increased its position in shares of RingCentral by 20.9% in the third quarter. Capital World Investors now owns 11,735,991 shares of the software maker’s stock worth $332,598,000 after purchasing an additional 2,031,861 shares during the last quarter. Alyeska Investment Group L.P. bought a new position in shares of RingCentral in the 3rd quarter worth $53,365,000. LSV Asset Management raised its position in shares of RingCentral by 142.4% during the 4th quarter. LSV Asset Management now owns 2,871,700 shares of the software maker’s stock valued at $82,935,000 after buying an additional 1,686,900 shares in the last quarter. AQR Capital Management LLC raised its position in shares of RingCentral by 35.4% during the 4th quarter. AQR Capital Management LLC now owns 2,003,950 shares of the software maker’s stock valued at $57,874,000 after buying an additional 523,966 shares in the last quarter. Finally, Russell Investments Group Ltd. lifted its holdings in shares of RingCentral by 138.6% during the 3rd quarter. Russell Investments Group Ltd. now owns 811,747 shares of the software maker’s stock worth $23,113,000 after acquiring an additional 471,559 shares during the last quarter. Hedge funds and other institutional investors own 98.61% of the company’s stock.

Analysts Set New Price Targets

A number of analysts recently commented on the stock. Rosenblatt Securities upped their price target on shares of RingCentral from $32.00 to $37.50 and gave the company a “buy” rating in a research note on Friday, February 20th. Robert W. Baird lifted their price target on RingCentral from $30.00 to $34.00 and gave the company a “neutral” rating in a research report on Monday. Zacks Research lowered RingCentral from a “hold” rating to a “strong sell” rating in a research note on Tuesday, February 3rd. Morgan Stanley increased their price objective on RingCentral from $30.00 to $33.00 and gave the stock an “equal weight” rating in a report on Friday, February 20th. Finally, UBS Group set a $38.00 target price on RingCentral in a report on Friday. Four equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have assigned a Sell rating to the company’s stock. According to MarketBeat.com, RingCentral has an average rating of “Hold” and a consensus target price of $34.04.

Trending Headlines about 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

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.