RingCentral (NYSE:RNG) CEO Sells 11,165 Shares

Posted by Brenda Bartman on Sep 3rd, 2026

RingCentral, Inc. (NYSE:RNG – Get Free Report) CEO Vladimir Shmunis sold 11,165 shares of the stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $76.58, for a total value of $855,015.70. Following the completion of the transaction, the chief executive officer owned 179,106 shares of the company’s stock, valued at approximately $13,715,937.48. This trade represents a 5.87% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through 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.

Vladimir Shmunis also recently made the following trade(s):

On Wednesday, September 2nd, Vladimir Shmunis sold 15,556 shares of RingCentral stock. The shares were sold at an average price of $71.78, for a total value of $1,116,609.68.

RingCentral Stock Up 5.3%

Shares of RNG stock traded up $3.82 during mid-day trading on Thursday, reaching $76.40. 1,696,921 shares of the company’s stock traded hands, compared to its average volume of 2,076,045. The company’s 50-day moving average price is $53.33 and its 200-day moving average price is $44.00. The company has a market cap of $6.38 billion, a P/E ratio of 61.12, a P/E/G ratio of 1.22 and a beta of 1.14. RingCentral, Inc. has a 12 month low of $24.14 and a 12 month high of $77.95.

RingCentral (NYSE:RNG – Get Free Report) last issued its quarterly earnings results on Thursday, July 23rd. The software maker reported $1.22 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.16 by $0.06. RingCentral had a net margin of 4.27% and a negative return on equity of 34.49%. The company had revenue of $657.01 million during the quarter, compared to analyst estimates of $650.53 million. During the same period last year, the business earned $1.06 EPS. RingCentral’s quarterly revenue was up 5.9% compared to the same quarter last year. 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 earnings per share for the current 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 issued a $0.125 dividend. This represents a $0.50 dividend on an annualized basis and a yield of 0.7%. This is a boost from RingCentral’s previous quarterly dividend of $0.07. The ex-dividend date was Thursday, August 6th. RingCentral’s dividend payout ratio is currently 40.00%.

Institutional Trading of RingCentral

Several institutional investors have recently added to or reduced their stakes in the business. California State Teachers Retirement System increased its holdings in shares of RingCentral by 3,720.4% in the 2nd quarter. California State Teachers Retirement System now owns 3,166,501 shares of the software maker’s stock worth $123,430,000 after purchasing an additional 3,083,616 shares in the last quarter. LSV Asset Management boosted its position in shares of RingCentral by 142.4% during 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 during the last quarter. AQR Capital Management LLC boosted its position in shares of RingCentral by 35.4% during the fourth quarter. AQR Capital Management LLC now owns 2,003,950 shares of the software maker’s stock valued at $57,874,000 after buying an additional 523,966 shares during the last quarter. Quantinno Capital Management LP boosted its position in shares of RingCentral by 150.4% during the first quarter. Quantinno Capital Management LP now owns 1,976,995 shares of the software maker’s stock valued at $73,524,000 after buying an additional 1,187,437 shares during the last quarter. Finally, Alyeska Investment Group L.P. bought a new stake in RingCentral in the 3rd quarter worth about $53,365,000. 98.61% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about RingCentral

Here are the key news stories impacting RingCentral this week:

Positive Sentiment: RBC Capital Markets began coverage of RingCentral with an Outperform rating, providing a new bullish catalyst for the stock. RingCentral Jumps 5.7% After RBC Capital Initiates at Outperform
Positive Sentiment: RBC said RingCentral appears less susceptible to AI displacement risks than the market currently assumes, suggesting the company’s communications software and enterprise customer relationships may remain defensible as AI adoption accelerates. RingCentral Less Susceptible to AI Displacement Risks than Market Fears, RBC Says
Positive Sentiment: The stock reached a new 52-week high, indicating strong recent momentum and investor follow-through after the bullish analyst coverage. RingCentral Hits New 52-Week High
Neutral Sentiment: CEO Vladimir Shmunis, CFO Vaibhav Agarwal and Chief Accounting Officer Tarun Arora reported stock sales totaling approximately $2.55 million. Each transaction was conducted under a pre-arranged Rule 10b5-1 plan to cover tax withholding tied to vested equity awards, reducing the likelihood that the sales reflect negative views of RingCentral’s outlook.

Analyst Ratings Changes

Several analysts recently weighed in on the company. Morgan Stanley upped their price target on RingCentral from $33.00 to $40.00 and gave the stock an “equal weight” rating in a research note on Monday, May 11th. Jefferies Financial Group reiterated a “hold” rating and set a $40.00 price objective on shares of RingCentral in a research note on Saturday, May 9th. Robert W. Baird set a $45.00 target price on RingCentral in a report on Friday, May 8th. Piper Sandler increased their target price on RingCentral from $40.00 to $43.00 and gave the stock a “neutral” rating in a research note on Friday, July 24th. Finally, Oppenheimer raised their price target on RingCentral from $50.00 to $85.00 and gave the company an “outperform” rating in a report on Tuesday. Four analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat.com, RingCentral presently has a consensus rating of “Hold” and a consensus price target of $56.00.

Check Out Our Latest Research Report on RingCentral

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.