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

Posted by Stanley Muller on Sep 12th, 2026

RingCentral, Inc. (NYSE:RNG – Get Free Report) CAO Tarun Arora sold 4,172 shares of the business’s stock in a transaction dated Wednesday, September 9th. The stock was sold at an average price of $70.36, for a total value of $293,541.92. Following the transaction, the chief accounting officer directly owned 65,692 shares of the company’s stock, valued at approximately $4,622,089.12. The trade was a 5.97% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible 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 transaction of $73,458.00.
On Tuesday, August 25th, Tarun Arora sold 675 shares of RingCentral stock. The shares were sold at an average price of $67.45, for a total transaction 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

RNG stock opened at $68.81 on Friday. The company has a 50 day simple moving average of $57.92 and a 200 day simple moving average of $45.88. The stock has a market cap 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, Inc. has a 1 year low of $24.14 and a 1 year high of $77.95.

RingCentral (NYSE:RNG – Get Free Report) last issued its quarterly earnings data on Thursday, July 23rd. The software maker reported $1.22 EPS for the quarter, beating the consensus estimate of $1.16 by $0.06. The business 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 revenue was up 5.9% compared to the same quarter last year. During the same quarter in the prior year, the firm earned $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. On average, equities research analysts anticipate that RingCentral, Inc. will post 2.89 EPS for the current fiscal year.

RingCentral Increases Dividend

The company also recently disclosed a quarterly dividend, which was paid on Thursday, August 20th. Investors of record on Thursday, August 6th were issued a dividend of $0.125 per share. This is a positive change from RingCentral’s previous quarterly dividend of $0.07. The ex-dividend date of this dividend was Thursday, August 6th. This represents a $0.50 annualized dividend and a dividend yield of 0.7%. RingCentral’s dividend payout ratio (DPR) is 40.00%.

Institutional Investors Weigh In On RingCentral

Several large investors have recently modified their holdings of RNG. WealthCollab LLC lifted 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 buying an additional 259 shares during the period. Versant Capital Management Inc grew its holdings in RingCentral by 2.3% during the 2nd quarter. Versant Capital Management Inc now owns 11,521 shares of the software maker’s stock worth $449,000 after acquiring an additional 259 shares during the period. Pictet Asset Management Holding SA grew its holdings in RingCentral by 3.1% during the 1st quarter. Pictet Asset Management Holding SA now owns 11,883 shares of the software maker’s stock worth $442,000 after acquiring an additional 362 shares during the period. Rothschild Investment LLC raised its position in shares of RingCentral by 15.8% in the 4th quarter. Rothschild Investment LLC now owns 2,681 shares of the software maker’s stock worth $77,000 after acquiring an additional 366 shares in the last quarter. Finally, Sovereign Financial Group Inc. raised its position in shares of RingCentral by 4.2% in the 1st quarter. Sovereign Financial Group Inc. now owns 10,170 shares of the software maker’s stock worth $378,000 after acquiring an additional 409 shares in the last quarter. 98.61% of the stock is currently owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

RNG has been the subject of a number of recent research reports. Mizuho upped their target price on RingCentral from $38.00 to $40.00 and gave the stock a “neutral” rating in a report on Friday, July 24th. Rosenblatt Securities reissued a “buy” rating and set a $50.00 price target on shares of RingCentral in a research note on Friday, July 24th. Piper Sandler boosted their price target on RingCentral from $40.00 to $43.00 and gave the stock a “neutral” rating in a report on Friday, July 24th. Needham & Company LLC boosted their price target on RingCentral from $55.00 to $85.00 and gave the stock a “buy” rating in a report on Friday, August 28th. Finally, Royal Bank Of Canada assumed coverage on RingCentral in a research note on Thursday, September 3rd. They issued an “outperform” rating and a $85.00 price objective for the company. Four equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the stock. According to data from MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus target price of $56.00.

View Our Latest Stock Report on RNG

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.

The company’s offerings include RingEX, its unified communications platform; RingCentral Video for online meetings and collaboration; RingCentral Events for virtual and hybrid events; and contact center products, including RingCX.