RingCentral (NYSE:RNG) CAO Tarun Arora Sells 4,172 Shares

11 Sep 2026, 21:08 by Jessica Moore · The Cerbat Gem

RingCentral, Inc. (NYSE:RNG – Get Free Report) CAO Tarun Arora sold 4,172 shares of the business’s stock in a transaction on Wednesday, September 9th. The shares were sold at an average price of $70.36, for a total value of $293,541.92. Following the completion of the sale, the chief accounting officer directly owned 65,692 shares in the company, valued at approximately $4,622,089.12. This represents a 5.97% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Tarun Arora also recently made the following trade(s):

On Thursday, September 3rd, Tarun Arora sold 954 shares of RingCentral stock. The stock was sold at an average price of $77.00, for a total value of $73,458.00.
On Tuesday, August 25th, Tarun Arora sold 675 shares of RingCentral stock. The stock was sold at an average price of $67.45, for a total value of $45,528.75.
On Friday, August 21st, Tarun Arora sold 1,876 shares of RingCentral stock. The shares were sold at an average price of $65.26, for a total transaction of $122,427.76.

RingCentral Price Performance

Shares of RNG traded down $0.23 during trading hours on Friday, hitting $68.81. The stock had a trading volume of 1,043,023 shares, compared to its average volume of 1,317,929. The company’s fifty day moving average is $57.92 and its two-hundred day moving average is $45.88. RingCentral, Inc. has a 52 week low of $24.14 and a 52 week high of $77.95. The stock has a market capitalization of $5.75 billion, a price-to-earnings ratio of 55.05, a P/E/G ratio of 1.19 and a beta of 1.14.

RingCentral (NYSE:RNG – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The software maker reported $1.22 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.16 by $0.06. The firm had revenue of $657.01 million during the quarter, compared to the consensus estimate of $650.53 million. RingCentral had a net margin of 4.27% and a negative return on equity of 34.49%. The firm’s quarterly revenue was up 5.9% on a year-over-year basis. During the same period last year, the firm posted $1.06 EPS. RingCentral has set its FY 2026 guidance at 4.960-5.100 EPS and its Q3 2026 guidance at 1.250-1.300 EPS. Equities analysts predict that RingCentral, Inc. will post 2.89 EPS for the current fiscal year.

RingCentral Increases Dividend

The firm also recently disclosed a quarterly dividend, which was paid on Thursday, August 20th. Shareholders of record on Thursday, August 6th were given a $0.125 dividend. This represents a $0.50 annualized dividend and a yield of 0.7%. The ex-dividend date was Thursday, August 6th. This is a positive change from RingCentral’s previous quarterly dividend of $0.07. RingCentral’s dividend payout ratio is presently 40.00%.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on RNG shares. Piper Sandler raised their target price on RingCentral from $40.00 to $43.00 and gave the company a “neutral” rating in a research note on Friday, July 24th. Needham & Company LLC upped their price target on shares of RingCentral from $55.00 to $85.00 and gave the stock a “buy” rating in a research report on Friday, August 28th. Weiss Ratings reissued a “hold (c)” rating on shares of RingCentral in a report on Friday, July 17th. Mizuho raised their price objective on shares of RingCentral from $38.00 to $40.00 and gave the company a “neutral” rating in a research report on Friday, July 24th. Finally, Wells Fargo & Company boosted their target price on shares of RingCentral from $43.00 to $65.00 and gave the stock an “equal weight” rating in a research note on Tuesday, August 25th. Four research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. Based on data from MarketBeat.com, RingCentral presently has an average rating of “Hold” and an average target price of $56.00.

View Our Latest Research Report on RNG

Institutional Investors Weigh In On RingCentral

Institutional investors and hedge funds have recently made changes to their positions in the company. WealthCollab LLC boosted its holdings in RingCentral by 59.7% in the first quarter. WealthCollab LLC now owns 693 shares of the software maker’s stock valued at $26,000 after acquiring an additional 259 shares during the last quarter. Meeder Asset Management Inc. raised its holdings in RingCentral by 127.3% during the 1st quarter. Meeder Asset Management Inc. now owns 732 shares of the software maker’s stock worth $27,000 after purchasing an additional 410 shares during the last quarter. EverSource Wealth Advisors LLC lifted its position in RingCentral by 269.3% during the 4th quarter. EverSource Wealth Advisors LLC now owns 1,012 shares of the software maker’s stock valued at $29,000 after purchasing an additional 738 shares during the period. Rockefeller Capital Management L.P. lifted its position in RingCentral by 70.5% during the 4th quarter. Rockefeller Capital Management L.P. now owns 1,025 shares of the software maker’s stock valued at $30,000 after purchasing an additional 424 shares during the period. Finally, Harvest Fund Management Co. Ltd bought a new position in shares of RingCentral in the 3rd quarter valued at about $30,000. Institutional investors own 98.61% of the company’s stock.

RingCentral Company Profile

(Get Free Report)

RingCentral, Inc is a cloud communications and collaboration company that provides business communications software through a subscription-based platform. Its services are designed to help organizations manage voice, messaging, video meetings, team collaboration and other communications across devices and locations.