RingCentral (NYSE:RNG) Stock: Insider Amy Guggenheim Shenkan Sells 1,264 Shares

Posted by Geri Gentry on Oct 6th, 2026

RingCentral, Inc. (NYSE:RNG – Get Free Report) Director Amy Shenkan sold 1,264 shares of RingCentral stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $78.89, for a total value of $99,716.96. Following the completion of the transaction, the director directly owned 28,108 shares in the company, valued at $2,217,440.12. This trade represents a 4.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

RingCentral Stock Performance

Shares of NYSE RNG traded down $1.76 during mid-day trading on Tuesday, hitting $77.30. The stock had a trading volume of 1,170,349 shares, compared to its average volume of 2,014,482. The business has a 50 day moving average price of $68.92 and a two-hundred day moving average price of $50.24. RingCentral, Inc. has a 1 year low of $24.14 and a 1 year high of $81.90. The firm has a market cap of $6.46 billion, a P/E ratio of 61.84, a price-to-earnings-growth ratio of 1.36 and a beta of 1.10.

RingCentral (NYSE:RNG – Get Free Report) last announced its quarterly earnings results on Thursday, July 23rd. The software maker reported $1.22 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.16 by $0.06. RingCentral had a net margin of 4.27% and a negative return on equity of 34.49%. The business had revenue of $657.01 million for the quarter, compared to analyst estimates of $650.53 million. During the same quarter last year, the firm earned $1.06 EPS. The company’s revenue was up 5.9% on a year-over-year basis. 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 research analysts predict that RingCentral, Inc. will post 2.89 EPS for the current fiscal 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 $0.1250 dividend. This is an increase from RingCentral’s previous quarterly dividend of $0.0750. The ex-dividend date was Thursday, August 6th. This represents a $0.50 annualized dividend and a yield of 0.6%. RingCentral’s dividend payout ratio (DPR) is 40.00%.

Hedge Funds Weigh In On RingCentral

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Integrated Wealth Concepts LLC purchased a new stake in shares of RingCentral in the 2nd quarter worth approximately $113,000. IFP Advisors Inc raised its stake in RingCentral by 2,597.9% during the second quarter. IFP Advisors Inc now owns 99,068 shares of the software maker’s stock valued at $3,862,000 after buying an additional 95,396 shares during the last quarter. Baird Financial Group Inc. boosted its holdings in RingCentral by 7.7% in the second quarter. Baird Financial Group Inc. now owns 254,432 shares of the software maker’s stock worth $9,918,000 after acquiring an additional 18,220 shares in the last quarter. Nykredit A S purchased a new stake in shares of RingCentral in the second quarter worth $63,000. Finally, Corient Private Wealth LP grew its stake in shares of RingCentral by 144.3% in the second quarter. Corient Private Wealth LP now owns 250,095 shares of the software maker’s stock worth $9,749,000 after acquiring an additional 147,710 shares during the last quarter. Institutional investors own 98.61% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of brokerages recently commented on RNG. Piper Sandler raised their price target on RingCentral from $40.00 to $43.00 and gave the stock a “neutral” rating in a research note on Friday, July 24th. Mizuho raised their target price 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. Oppenheimer lifted their target price on shares of RingCentral from $50.00 to $85.00 and gave the company an “outperform” rating in a research note on Tuesday, September 1st. Weiss Ratings reissued a “hold (c)” rating on shares of RingCentral in a research note on Friday, July 17th. Finally, Rosenblatt Securities restated a “buy” rating and issued a $50.00 price objective on shares of RingCentral in a report on Friday, July 24th. Four equities research analysts have rated the stock with a Buy rating and eight have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Hold” and an average price target of $56.00.

Check Out Our Latest Report on RNG

About RingCentral

(Get Free Report)

RingCentral, Inc provides cloud-based business communications and collaboration solutions. Its platform helps organizations manage voice communications, team messaging, video meetings, contact center operations and customer interactions through internet-based services rather than traditional on-premises systems.

The company’s offerings include RingCentral RingEX, a unified communications platform combining business phone service, messaging and video; RingCentral Video for meetings and collaboration; and RingCentral Contact Center, which supports customer service operations across voice and digital channels.