Insider Selling: RingCentral (NYSE:RNG) CEO Sells 95,831 Shares of Stock

RingCentral, Inc. (NYSE:RNG) CEO Vladimir Shmunis sold 95,831 shares of the firm’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 transaction, the chief executive officer directly owned 126,685 shares in the company, valued at $4,508,719.15. The trade was a 43.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink.

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 Price Performance

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 stock has a market capitalization of $3.06 billion, a P/E ratio of 73.60, a PEG ratio of 1.63 and a beta of 1.23. The firm has a 50 day moving average price of $28.49 and a 200-day moving average price of $28.93. RingCentral, Inc. has a 12-month low of $20.58 and a 12-month high of $40.64.

RingCentral (NYSE:RNG) last posted its quarterly earnings data on Thursday, February 19th. The software maker reported $1.18 earnings per share for the quarter, topping the consensus estimate 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 for the quarter, compared to analysts’ expectations of $643.52 million. During the same quarter in the previous year, the firm earned $0.98 earnings per share. The business’s 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. On average, equities analysts predict that RingCentral, Inc. will post 1.29 EPS for the current year.

RingCentral Dividend Announcement

The business also recently announced 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 0.8%. The ex-dividend date is Monday, March 9th.

Key RingCentral News

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

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

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on RNG shares. Oppenheimer reaffirmed an “outperform” rating on shares of RingCentral in a report on Friday. Needham & Company LLC reiterated a “buy” rating and set a $36.00 price target on shares of RingCentral in a research note on Tuesday, November 4th. Weiss Ratings restated a “sell (d+)” rating on shares of RingCentral in a research note on Monday, December 29th. UBS Group set a $38.00 target price on shares of RingCentral in a research report on Friday. Finally, Piper Sandler boosted their price target on shares of RingCentral from $28.00 to $37.00 and gave the company a “neutral” rating in a research report on Monday. Four research 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 data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus target price of $34.04.

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.