RINGCENTRAL ($RNG) posted quarterly earnings results on Thursday, May 8th. The company reported earnings of $1.00 per share, beating estimates of $0.97 by $0.03. The company also reported revenue of $612,060,000, missing estimates of $616,657,833 by $-4,597,833.
You can see Quiver Quantitative's $RNG stock page to track data on insider trading, hedge fund activity, congressional trading, and more.
RINGCENTRAL Insider Trading Activity
RINGCENTRAL insiders have traded $RNG stock on the open market 21 times in the past 6 months. Of those trades, 0 have been purchases and 21 have been sales.
Here’s a breakdown of recent trading of $RNG stock by insiders over the last 6 months:
- VLADIMIR SHMUNIS (CEO and Chairman) has made 0 purchases and 7 sales selling 288,136 shares for an estimated $8,929,218.
- JOHN H MARLOW (SVP, CAdO & GENERAL COUNSEL) has made 0 purchases and 9 sales selling 112,793 shares for an estimated $3,722,875.
- VAIBHAV AGARWAL (DEPUTY CHIEF FINANCIAL OFFICER) has made 0 purchases and 2 sales selling 12,362 shares for an estimated $432,967.
- NED D. SEGAL sold 2,914 shares for an estimated $121,222
- ROBERT I THEIS has made 0 purchases and 2 sales selling 2,914 shares for an estimated $110,324.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard.
RINGCENTRAL Hedge Fund Activity
We have seen 151 institutional investors add shares of RINGCENTRAL stock to their portfolio, and 149 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- ARROWSTREET CAPITAL, LIMITED PARTNERSHIP added 1,164,241 shares (+414.3%) to their portfolio in Q4 2024, for an estimated $40,760,077
- PACER ADVISORS, INC. removed 1,117,645 shares (-51.9%) from their portfolio in Q1 2025, for an estimated $27,672,890
- MAPLE ROCK CAPITAL PARTNERS INC. removed 995,956 shares (-100.0%) from their portfolio in Q4 2024, for an estimated $34,868,419
- MORGAN STANLEY added 986,486 shares (+182.3%) to their portfolio in Q4 2024, for an estimated $34,536,874
- MACQUARIE GROUP LTD added 929,296 shares (+inf%) to their portfolio in Q4 2024, for an estimated $32,534,652
- BLACKROCK, INC. added 776,027 shares (+13.4%) to their portfolio in Q1 2025, for an estimated $19,214,428
- NORGES BANK removed 714,013 shares (-68.4%) from their portfolio in Q4 2024, for an estimated $24,997,595
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
RINGCENTRAL Government Contracts
We have seen $32,938 of award payments to $RNG over the last year.
Here are some of the awards which we have have seen pay out the most over the last year:
- UCAAS SYSTEM FOR SAO - HAWAII: $32,938
To track government contracts to publicy traded companies, check out Quiver Quantitative's government contracts dashboard.
RINGCENTRAL Analyst Ratings
Wall Street analysts have issued reports on $RNG in the last several months. We have seen 1 firms issue buy ratings on the stock, and 1 firms issue sell ratings.
Here are some recent analyst ratings:
- Wells Fargo issued a "Underweight" rating on 01/07/2025
- Raymond James issued a "Outperform" rating on 01/03/2025
To track analyst ratings and price targets for RINGCENTRAL, check out Quiver Quantitative's $RNG forecast page.
RINGCENTRAL Price Targets
Multiple analysts have issued price targets for $RNG recently. We have seen 2 analysts offer price targets for $RNG in the last 6 months, with a median target of $37.5.
Here are some recent targets:
- Michael Turrin from Wells Fargo set a target price of $30.0 on 01/07/2025
- Brian Peterson from Raymond James set a target price of $45.0 on 01/03/2025
This article is not financial advice. See Quiver Quantitative's disclaimers for more information. Note that there may be inaccuracies due to mistakes in ticker-mapping, and other anomalies.
