RingCentral (NYSE:RNG) CEO Vladimir Shmunis Sells 45,284 Shares
by Doug Wharley · The Cerbat GemRingCentral, Inc. (NYSE:RNG – Get Free Report) CEO Vladimir Shmunis sold 45,284 shares of the stock in a transaction that occurred on Monday, February 23rd. The stock was sold at an average price of $35.26, for a total value of $1,596,713.84. Following the transaction, the chief executive officer directly owned 222,516 shares of the company’s stock, valued at approximately $7,845,914.16. This trade represents a 16.91% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
Vladimir Shmunis also recently made the following trade(s):
- On Tuesday, February 24th, Vladimir Shmunis sold 95,831 shares of RingCentral stock. The shares were sold at an average price of $35.59, for a total value of $3,410,625.29.
RingCentral Stock Performance
NYSE:RNG traded up $0.75 during trading hours on Tuesday, hitting $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 business’s 50-day moving average is $28.49 and its two-hundred day moving average is $28.93. The company has a market capitalization of $3.06 billion, a PE ratio of 73.60, a PEG ratio of 1.63 and a beta of 1.23. RingCentral, Inc. has a 52-week low of $20.58 and a 52-week high of $40.64.
RingCentral (NYSE:RNG – Get Free Report) last issued its earnings results on Thursday, February 19th. The software maker reported $1.18 EPS for the quarter, topping the consensus estimate of $1.14 by $0.04. The company had revenue of $644.03 million for the quarter, compared to analyst estimates of $643.52 million. RingCentral had a net margin of 1.73% and a negative return on equity of 29.05%. The business’s revenue was up 4.8% on a year-over-year basis. During the same period in the previous year, the firm earned $0.98 EPS. RingCentral has set its FY 2026 guidance at 4.760-4.970 EPS and its Q1 2026 guidance at 1.160-1.190 EPS. As a group, analysts predict that RingCentral, Inc. will post 1.29 EPS for the current fiscal year.
RingCentral Announces Dividend
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 issued a $0.075 dividend. The ex-dividend date of this dividend is Monday, March 9th. This represents a $0.30 dividend on an annualized basis and a yield of 0.8%.
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
Analysts Set New Price Targets
A number of equities research analysts recently weighed in on RNG shares. Needham & Company LLC restated a “buy” rating and issued a $36.00 price target on shares of RingCentral in a report on Tuesday, November 4th. Oppenheimer reiterated an “outperform” rating on shares of RingCentral in a research report on Friday. UBS Group set a $38.00 target price on RingCentral in a report on Friday. Rosenblatt Securities lifted their price target on RingCentral from $32.00 to $37.50 and gave the stock a “buy” rating in a research note on Friday. Finally, Weiss Ratings reiterated a “sell (d+)” rating on shares of RingCentral in a research report on Monday, December 29th. 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. Based on data from MarketBeat, RingCentral currently has an average rating of “Hold” and a consensus target price of $34.04.
Institutional Trading of RingCentral
A number of large investors have recently made changes to their positions in the stock. Rothschild Investment LLC increased its position in RingCentral by 15.8% during the 4th quarter. Rothschild Investment LLC now owns 2,681 shares of the software maker’s stock worth $77,000 after purchasing an additional 366 shares in the last quarter. Amalgamated Bank boosted its stake in shares of RingCentral by 6.9% during the 3rd quarter. Amalgamated Bank now owns 6,512 shares of the software maker’s stock worth $185,000 after purchasing an additional 418 shares during the last quarter. Global Retirement Partners LLC grew its holdings in shares of RingCentral by 98.5% during the third quarter. Global Retirement Partners LLC now owns 901 shares of the software maker’s stock worth $26,000 after buying an additional 447 shares in the last quarter. Jones Financial Companies Lllp grew its holdings in shares of RingCentral by 61.6% during the third quarter. Jones Financial Companies Lllp now owns 1,217 shares of the software maker’s stock worth $37,000 after buying an additional 464 shares in the last quarter. Finally, Xponance LLC raised its position in shares of RingCentral by 4.0% in the fourth quarter. Xponance LLC now owns 12,059 shares of the software maker’s stock valued at $348,000 after buying an additional 464 shares during the last quarter. Institutional investors and hedge funds own 98.61% of the company’s stock.
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.
Further Reading
- Five stocks we like better than RingCentral
- This makes me furious
- Silver $500? The “Deficit Math” says it’s possible.
- Elon Musk: This Could Turn $100 into $100,000
- Silver paying 20% dividend. Plus 68% share gains
- America’s 1776 happening again