RingCentral (NYSE:RNG) CFO Sells $381,412.00 in Stock

RingCentral, Inc. (NYSE:RNG) CFO Vaibhav Agarwal sold 10,744 shares of the firm’s stock in a transaction dated Monday, February 23rd. The stock was sold at an average price of $35.50, for a total transaction of $381,412.00. Following the transaction, the chief financial officer directly owned 176,621 shares in the company, valued at approximately $6,270,045.50. This represents a 5.73% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website.

RingCentral Price Performance

RingCentral stock traded up $0.75 during mid-day trading on Tuesday, reaching $35.33. 3,145,876 shares of the company were exchanged, compared to its average volume of 2,795,091. RingCentral, Inc. has a 12 month low of $20.58 and a 12 month high of $40.64. The firm has a market cap of $3.06 billion, a PE ratio of 73.60, a PEG ratio of 1.63 and a beta of 1.23. The company has a fifty day simple moving average of $28.49 and a 200-day simple moving average of $28.93.

RingCentral (NYSE:RNG) last released its earnings results 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 firm had revenue of $644.03 million during the quarter, compared to analysts’ expectations of $643.52 million. RingCentral had a negative return on equity of 29.05% and a net margin of 1.73%.The company’s quarterly revenue was up 4.8% on a year-over-year basis. During the same period in the prior year, the company earned $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. Sell-side analysts anticipate that RingCentral, Inc. will post 1.29 earnings per share for the current year.

RingCentral Announces Dividend

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

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

Institutional Inflows and Outflows

A number of institutional investors have recently added to or reduced their stakes in the company. Fort Washington Investment Advisors Inc. OH raised its stake in shares of RingCentral by 22.9% in the third quarter. Fort Washington Investment Advisors Inc. OH now owns 1,224,090 shares of the software maker’s stock worth $34,691,000 after purchasing an additional 228,202 shares during the last quarter. Y Intercept Hong Kong Ltd boosted its position in shares of RingCentral by 544.8% during the third quarter. Y Intercept Hong Kong Ltd now owns 91,918 shares of the software maker’s stock valued at $2,605,000 after buying an additional 77,663 shares during the last quarter. Russell Investments Group Ltd. grew its holdings in RingCentral by 79.4% during the second quarter. Russell Investments Group Ltd. now owns 340,188 shares of the software maker’s stock worth $9,610,000 after buying an additional 150,537 shares in the last quarter. Connor Clark & Lunn Investment Management Ltd. raised its position in RingCentral by 29.1% in the 2nd quarter. Connor Clark & Lunn Investment Management Ltd. now owns 599,629 shares of the software maker’s stock valued at $16,999,000 after buying an additional 134,992 shares during the last quarter. Finally, Vise Technologies Inc. bought a new position in RingCentral during the 2nd quarter valued at $430,000. 98.61% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

A number of analysts recently weighed in on RNG shares. Zacks Research downgraded RingCentral from a “hold” rating to a “strong sell” rating in a report on Tuesday, February 3rd. Mizuho raised their price objective on RingCentral from $27.00 to $32.00 and gave the stock a “neutral” rating in a research report on Friday. Needham & Company LLC reiterated a “buy” rating and issued a $36.00 target price on shares of RingCentral in a report on Tuesday, November 4th. Weiss Ratings restated a “sell (d+)” rating on shares of RingCentral in a report on Monday, December 29th. Finally, UBS Group set a $38.00 price objective on shares of RingCentral in a research note on Friday. Four investment analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, RingCentral 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.