Key Points
- CEO Vladimir Shmunis sold 95,831 shares on Feb. 24 at an average of $35.59 (and 45,284 shares on Feb. 23), raising about $3.41M from the Feb. 24 sale and cutting his ownership by 43% to 126,685 shares.
- Company beat Q4 expectations, set FY2026 EPS guidance of 4.760–4.970, and announced its first quarterly dividend of $0.075 plus an expanded $500M buyback, supported by record free cash flow and accelerating AI revenue attach rates.
- Shares trade near $35.33 with a consensus "Hold" and average price target around $34.04, while mixed analyst views and structural risks (modest growth versus larger peers and meaningful debt) could constrain upside.
RingCentral, Inc. (NYSE:RNG - Get Free Report) CFO Vaibhav Agarwal sold 10,744 shares of the stock in a transaction that occurred on Monday, February 23rd. The shares were sold at an average price of $35.50, for a total transaction of $381,412.00. Following the completion of the sale, the chief financial officer directly owned 176,621 shares of the company's stock, valued at approximately $6,270,045.50. This trade represents a 5.73% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website.
RingCentral Stock Performance
RNG stock opened at $35.33 on Wednesday. RingCentral, Inc. has a one year low of $20.58 and a one year high of $40.64. The firm has a market cap of $3.06 billion, a PE ratio of 73.60, a PEG ratio of 1.39 and a beta of 1.23. The firm's 50 day moving average price is $28.60 and its 200-day moving average price is $28.98.
RingCentral (NYSE:RNG - Get Free Report) last issued 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. The company had revenue of $644.03 million during the quarter, compared to analyst estimates of $643.52 million. RingCentral had a negative return on equity of 29.05% and a net margin of 1.73%.The firm's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same period in the prior year, the business posted $0.98 earnings per share. RingCentral has set its FY 2026 guidance at 4.760-4.970 EPS and its Q1 2026 guidance at 1.160-1.190 EPS. Equities research analysts predict that RingCentral, Inc. will post 1.29 EPS for the current fiscal year.
RingCentral Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Monday, March 16th. Investors of record on Monday, March 9th will be given a dividend of $0.075 per share. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.8%. The ex-dividend date of this dividend is Monday, March 9th.
Institutional Inflows and Outflows
A number of institutional investors have recently made changes to their positions in the business. Capital World Investors increased its stake in RingCentral by 20.9% during the 3rd quarter. Capital World Investors now owns 11,735,991 shares of the software maker's stock worth $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 in the 3rd quarter valued at approximately $53,365,000. LSV Asset Management boosted its position in RingCentral by 142.4% in 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 during the period. AQR Capital Management LLC grew its stake in shares of RingCentral by 35.4% in the fourth 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 in the last quarter. Finally, Russell Investments Group Ltd. increased its position in shares of RingCentral by 138.6% during the third 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 period. Institutional investors and hedge funds own 98.61% of the company's stock.
RingCentral News Summary
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
Wall Street Analyst Weigh In
RNG has been the subject of several research analyst reports. Rosenblatt Securities increased their target price on shares of RingCentral from $32.00 to $37.50 and gave the stock a "buy" rating in a research note on Friday, February 20th. Weiss Ratings restated a "sell (d+)" rating on shares of RingCentral in a report on Monday, December 29th. Needham & Company LLC reaffirmed a "buy" rating and set a $36.00 price objective on shares of RingCentral in a research report on Tuesday, November 4th. Piper Sandler lifted their target price on shares of RingCentral from $28.00 to $37.00 and gave the company a "neutral" rating in a report on Monday. Finally, Zacks Research cut RingCentral from a "hold" rating to a "strong sell" rating in a research note on Tuesday, February 3rd. Four 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. According to MarketBeat.com, RingCentral currently has an average rating of "Hold" and an average target price of $34.04.
Get Our Latest Research Report on RNG
About RingCentral
(
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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.
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