RingCentral (NYSE:RNG) CFO Vaibhav Agarwal Sells 10,744 Shares

RingCentral, Inc. (NYSE:RNG) CFO Vaibhav Agarwal sold 10,744 shares of RingCentral stock in a transaction on Monday, February 23rd. The shares were sold at an average price of $35.50, for a total value of $381,412.00. Following the sale, the chief financial officer directly owned 176,621 shares of the company’s stock, valued at approximately $6,270,045.50. This trade represents a 5.73% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink.

RingCentral Trading Up 2.2%

RNG opened at $35.33 on Wednesday. The business’s fifty day simple moving average is $28.60 and its 200-day simple moving average is $28.98. RingCentral, Inc. has a 12-month low of $20.58 and a 12-month high of $40.64. The company has a market capitalization of $3.06 billion, a price-to-earnings ratio of 73.60, a PEG ratio of 1.39 and a beta of 1.23.

RingCentral (NYSE:RNG) last issued its quarterly earnings data on Thursday, February 19th. The software maker reported $1.18 EPS for the quarter, topping analysts’ consensus estimates of $1.14 by $0.04. RingCentral had a net margin of 1.73% and a negative return on equity of 29.05%. The company had revenue of $644.03 million during the quarter, compared to the consensus estimate of $643.52 million. During the same quarter in the previous year, the firm posted $0.98 earnings per share. RingCentral’s revenue for the quarter was up 4.8% compared to the same quarter last year. RingCentral has set its FY 2026 guidance at 4.760-4.970 EPS and its Q1 2026 guidance at 1.160-1.190 EPS. On average, equities research analysts predict that RingCentral, Inc. will post 1.29 EPS for the current year.

RingCentral Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Monday, March 16th. Stockholders of record on Monday, March 9th will be paid a dividend of $0.075 per share. The ex-dividend date is Monday, March 9th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.8%.

Hedge Funds Weigh In On RingCentral

Institutional investors have recently added to or reduced their stakes in the stock. Capital World Investors grew its holdings in RingCentral by 20.9% in the 3rd quarter. Capital World Investors now owns 11,735,991 shares of the software maker’s stock valued at $332,598,000 after buying an additional 2,031,861 shares in the last quarter. Alyeska Investment Group L.P. purchased a new position in shares of RingCentral during the 3rd quarter worth $53,365,000. LSV Asset Management boosted its position in shares of RingCentral by 142.4% during the 4th quarter. LSV Asset Management now owns 2,871,700 shares of the software maker’s stock valued at $82,935,000 after acquiring 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 4th quarter. AQR Capital Management LLC now owns 2,003,950 shares of the software maker’s stock valued at $57,874,000 after acquiring an additional 523,966 shares during the last quarter. Finally, Russell Investments Group Ltd. grew its holdings in shares of RingCentral by 138.6% in the third quarter. Russell Investments Group Ltd. now owns 811,747 shares of the software maker’s stock valued at $23,113,000 after purchasing an additional 471,559 shares during the period. Hedge funds and other institutional investors own 98.61% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research firms have commented on RNG. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of RingCentral in a report on Monday, December 29th. Mizuho raised their target price on RingCentral from $27.00 to $32.00 and gave the company a “neutral” rating in a research report on Friday. UBS Group set a $38.00 price target on RingCentral in a research report on Friday. Needham & Company LLC reissued a “buy” rating and issued a $36.00 price objective on shares of RingCentral in a research note on Tuesday, November 4th. Finally, Rosenblatt Securities lifted their target price on shares of RingCentral from $32.00 to $37.50 and gave the stock a “buy” rating in a research note on Friday, February 20th. Four equities research analysts have rated the stock with a Buy rating, nine have issued a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, RingCentral currently has an average rating of “Hold” and an average price target of $34.04.

Key Headlines Impacting RingCentral

Here are the key news stories impacting RingCentral this week:

• Positive Sentiment: Company beat Q4 expectations, raised forward-looking targets and announced its first dividend plus an expanded buyback program — a package that supports higher shareholder returns and helped lift sentiment. RingCentral (RNG) Is Up 14.5% After New Dividend, Buyback Expansion And AI Revenue Rebound – What’s Changed
• Positive Sentiment: AI traction is accelerating: AI product attach rates have more than doubled year-over-year and pure-AI ARR has surged — supporting higher ARPU and improving retention, which investors view as a multi-year growth catalyst. RingCentral: Fantastic Rally Setup As AI Attach Rates Grow
• Positive Sentiment: Free cash flow and margins improved: full-year free cash flow hit a record, GAAP operating margin turned positive, and management guided to stronger FCF and margin targets for FY26 — enabling the dividend and larger $500M buyback. RingCentral Q4 2025 Earnings Report
• Neutral Sentiment: Analyst coverage remains mixed: only a minority of analysts rate RNG a Buy and the consensus price target sits below recent trade, suggesting limited near-term upside per Street estimates. RNG Stock Page – MarketBeat
• Negative Sentiment: Insider selling this week: CEO Vladimir Shmunis, COO Kira Makagon and CFO Vaibhav Agarwal disclosed sizable stock sales (multiple Form 4 filings), which investors can interpret as profit-taking or reduced insider conviction. CEO Form 4: CEO Insider Sale Form 4; COO Form 4: COO Insider Sale Form 4; CFO Form 4: CFO Insider Sale Form 4
• Negative Sentiment: Structural risks remain: revenue growth is still modest versus large competitors, and the company carries meaningful debt — both factors that could limit upside if AI adoption or FCF improvement slows. No direct article link

About RingCentral

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.