RingCentral (NYSE:RNG) CAO Sells $39,204.54 in Stock

Posted by Francis Steltz on May 28th, 2026

RingCentral, Inc. (NYSE:RNG – Get Free Report) CAO Tarun Arora sold 919 shares of the company’s stock in a transaction that occurred on Tuesday, May 26th. The shares were sold at an average price of $42.66, for a total value of $39,204.54. Following the transaction, the chief accounting officer directly owned 71,715 shares of the company’s stock, valued at $3,059,361.90. This trade represents a 1.27% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

On Tuesday, April 21st, Tarun Arora sold 953 shares of RingCentral stock. The shares were sold at an average price of $43.00, for a total value of $40,979.00.
On Tuesday, March 10th, Tarun Arora sold 8,840 shares of RingCentral stock. The shares were sold at an average price of $40.69, for a total value of $359,699.60.
On Tuesday, March 3rd, Tarun Arora sold 3,723 shares of RingCentral stock. The stock was sold at an average price of $36.14, for a total value of $134,549.22.

RingCentral Price Performance

Shares of NYSE RNG traded up $0.38 during midday trading on Thursday, hitting $41.98. 1,191,125 shares of the company’s stock were exchanged, compared to its average volume of 2,220,578. The stock’s 50 day moving average price is $39.85 and its 200-day moving average price is $33.48. The firm has a market cap of $3.52 billion, a P/E ratio of 44.65, a PEG ratio of 1.25 and a beta of 1.13. RingCentral, Inc. has a twelve month low of $23.59 and a twelve month high of $48.57.

RingCentral (NYSE:RNG – Get Free Report) last released its earnings results on Thursday, May 7th. The software maker reported $1.20 earnings per share for the quarter, topping analysts’ consensus estimates of $1.17 by $0.03. The firm had revenue of $644.20 million during the quarter, compared to the consensus estimate of $642.73 million. RingCentral had a negative return on equity of 33.75% and a net margin of 3.31%.The firm’s revenue for the quarter was up 5.3% compared to the same quarter last year. During the same period in the prior year, the firm posted $1.00 earnings per share. RingCentral has set its FY 2026 guidance at 4.850-5.010 EPS and its Q2 2026 guidance at 1.150-1.170 EPS. On average, analysts expect that RingCentral, Inc. will post 2.79 EPS for the current fiscal year.

RingCentral Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, June 11th. Shareholders of record on Tuesday, June 2nd will be given a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a yield of 0.7%. The ex-dividend date is Tuesday, June 2nd. RingCentral’s dividend payout ratio is 31.91%.

Analyst Upgrades and Downgrades

RNG has been the subject of a number of research analyst reports. Morgan Stanley upped their target price on RingCentral from $33.00 to $40.00 and gave the stock an “equal weight” rating in a research report on Monday, May 11th. UBS Group set a $38.00 price objective on RingCentral in a research report on Friday, February 20th. Zacks Research upgraded RingCentral from a “strong sell” rating to a “hold” rating in a research report on Wednesday, March 4th. Weiss Ratings upgraded RingCentral from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, March 2nd. Finally, Robert W. Baird set a $45.00 price objective on RingCentral in a research report on Friday, May 8th. Three research analysts have rated the stock with a Buy rating and ten have assigned a Hold rating to the company. Based on data from MarketBeat, RingCentral presently has a consensus rating of “Hold” and an average price target of $43.00.

Read Our Latest Analysis on RingCentral

Institutional Trading of RingCentral

Several large investors have recently added to or reduced their stakes in RNG. Empowered Funds LLC raised its stake in RingCentral by 9.0% during the 1st quarter. Empowered Funds LLC now owns 11,417 shares of the software maker’s stock valued at $283,000 after purchasing an additional 940 shares during the period. Woodline Partners LP increased its stake in shares of RingCentral by 14.8% in the first quarter. Woodline Partners LP now owns 159,474 shares of the software maker’s stock worth $3,949,000 after acquiring an additional 20,518 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in RingCentral by 2.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 261,190 shares of the software maker’s stock worth $6,467,000 after buying an additional 5,398 shares during the last quarter. Creative Planning acquired a new position in RingCentral during the second quarter worth $274,000. Finally, Invesco Ltd. increased its position in RingCentral by 10.8% during the second quarter. Invesco Ltd. now owns 137,935 shares of the software maker’s stock worth $3,910,000 after buying an additional 13,446 shares during the last quarter. 98.61% of the stock is owned by institutional investors and hedge funds.

RingCentral Company Profile

(Get Free Report)

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.