RingCentral, Inc. $RNG Shares Sold by Swiss National Bank

Posted by Francis Steltz on Jul 30th, 2026

Swiss National Bank decreased its position in RingCentral, Inc. (NYSE:RNG – Free Report) by 5.9% in the first quarter, according to its most recent Form 13F filing with the SEC. The institutional investor owned 142,400 shares of the software maker’s stock after selling 8,900 shares during the period. Swiss National Bank owned about 0.16% of RingCentral worth $5,296,000 at the end of the most recent quarter.

Several other hedge funds have also modified their holdings of RNG. Commonwealth of Pennsylvania Public School Empls Retrmt SYS purchased a new position in RingCentral during the first quarter worth approximately $697,000. Robertson Stephens Wealth Management LLC grew its holdings in RingCentral by 124.7% in the fourth quarter. Robertson Stephens Wealth Management LLC now owns 90,311 shares of the software maker’s stock valued at $2,608,000 after purchasing an additional 50,122 shares during the period. LSV Asset Management increased its position in shares of RingCentral by 142.4% in the fourth 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 in the last quarter. Jupiter Asset Management Ltd. increased its position in shares of RingCentral by 11.4% in the fourth quarter. Jupiter Asset Management Ltd. now owns 1,456,270 shares of the software maker’s stock valued at $42,057,000 after buying an additional 149,532 shares in the last quarter. Finally, Harel Insurance Investments & Financial Services Ltd. raised its stake in shares of RingCentral by 60.0% during the 4th quarter. Harel Insurance Investments & Financial Services Ltd. now owns 280,323 shares of the software maker’s stock worth $8,096,000 after buying an additional 105,145 shares during the period. 98.61% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, CFO Vaibhav Agarwal sold 7,047 shares of the company’s stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $46.17, for a total value of $325,359.99. Following the completion of the sale, the chief financial officer directly owned 169,282 shares in the company, valued at $7,815,749.94. This represents a 4.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Amy Guggenheim Shenkan sold 1,265 shares of the stock in a transaction that occurred on Thursday, July 2nd. The shares were sold at an average price of $40.59, for a total value of $51,346.35. Following the completion of the sale, the director directly owned 29,372 shares of the company’s stock, valued at approximately $1,192,209.48. This represents a 4.13% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 38,628 shares of company stock worth $1,656,201. 7.30% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of research firms recently issued reports on RNG. Piper Sandler lifted their price target on shares of RingCentral from $40.00 to $43.00 and gave the company a “neutral” rating in a research note on Friday, July 24th. Mizuho upped their price objective on shares of RingCentral from $38.00 to $40.00 and gave the stock a “neutral” rating in a research report on Friday, July 24th. Wells Fargo & Company increased their price objective on shares of RingCentral from $32.00 to $43.00 and gave the company an “equal weight” rating in a report on Friday, May 8th. Jefferies Financial Group reissued a “hold” rating and set a $40.00 target price on shares of RingCentral in a research note on Saturday, May 9th. Finally, Weiss Ratings reaffirmed a “hold (c)” rating on shares of RingCentral in a research note on Friday, July 17th. Three research analysts have rated the stock with a Buy rating and nine have given a Hold rating to the company. According to data from MarketBeat.com, RingCentral currently has an average rating of “Hold” and an average price target of $44.40.

View Our Latest Report on RingCentral

RingCentral Stock Up 1.0%

Shares of RNG opened at $57.50 on Thursday. RingCentral, Inc. has a 52-week low of $23.59 and a 52-week high of $58.98. The stock has a market cap of $4.82 billion, a PE ratio of 46.00, a price-to-earnings-growth ratio of 1.61 and a beta of 1.14. The firm’s fifty day moving average is $41.24 and its two-hundred day moving average is $37.42.

RingCentral (NYSE:RNG – Get Free Report) last issued its earnings results on Thursday, July 23rd. The software maker reported $1.22 EPS for the quarter, beating analysts’ consensus estimates of $1.16 by $0.06. The business had revenue of $657.01 million during the quarter, compared to analysts’ expectations of $650.53 million. RingCentral had a net margin of 4.27% and a negative return on equity of 34.49%. The company’s quarterly revenue was up 5.9% compared to the same quarter last year. During the same period in the prior year, the business earned $1.06 earnings per share. RingCentral has set its FY 2026 guidance at 4.960-5.100 EPS and its Q3 2026 guidance at 1.250-1.300 EPS. As a group, research analysts anticipate that RingCentral, Inc. will post 2.88 earnings per share for the current year.

RingCentral Increases Dividend

The firm also recently disclosed a quarterly dividend, which will be paid on Thursday, August 20th. Shareholders of record on Thursday, August 6th will be issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 0.9%. The ex-dividend date is Thursday, August 6th. This is a positive change from RingCentral’s previous quarterly dividend of $0.07. RingCentral’s payout ratio is currently 24.00%.

RingCentral Company Profile

(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.