Universal Beteiligungs und Servicegesellschaft mbH Acquires 98,561 Shares of RingCentral, Inc. $RNG

Key Points

• Universal Beteiligungs und Servicegesellschaft mbH increased its RingCentral stake by 70.1% in Q4, buying 98,561 shares to own 239,070 shares worth about $6.92 million (≈0.28% of the company).
• Corporate insiders have been net sellers recently: CEO Vladimir Shmunis sold 95,831 shares (a 43.1% reduction in his holding) and CFO Vaibhav Agarwal sold 18,680 shares, with insiders selling 253,984 shares worth ~$9.08 million in the past 90 days.
• RingCentral slightly beat quarterly estimates with EPS $1.18 and $644.0M revenue, issued FY2026 EPS guidance of 4.76–4.97, and currently trades with a ~$3.5B market cap and a consensus analyst target of about $35.63 ("Hold").

Universal Beteiligungs und Servicegesellschaft mbH lifted its holdings in RingCentral, Inc. (NYSE:RNG - Free Report) by 70.1% during the fourth quarter, according to its most recent Form 13F filing with the SEC. The firm owned 239,070 shares of the software maker's stock after purchasing an additional 98,561 shares during the period. Universal Beteiligungs und Servicegesellschaft mbH owned 0.28% of RingCentral worth $6,918,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in RNG. Empowered Funds LLC increased its stake in RingCentral by 9.0% during the first quarter. Empowered Funds LLC now owns 11,417 shares of the software maker's stock valued at $283,000 after acquiring an additional 940 shares during the period. Woodline Partners LP boosted its holdings in RingCentral by 14.8% during the first quarter. Woodline Partners LP now owns 159,474 shares of the software maker's stock valued at $3,949,000 after purchasing an additional 20,518 shares in the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC boosted its holdings in RingCentral by 2.1% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 261,190 shares of the software maker's stock valued at $6,467,000 after purchasing an additional 5,398 shares in the last quarter. Creative Planning acquired a new stake in RingCentral during the second quarter valued at approximately $274,000. Finally, Invesco Ltd. boosted its holdings in RingCentral by 10.8% during the second quarter. Invesco Ltd. now owns 137,935 shares of the software maker's stock valued at $3,910,000 after purchasing an additional 13,446 shares in the last quarter. 98.61% of the stock is currently owned by institutional investors.

Insider Activity

In other RingCentral news, CEO Vladimir Shmunis sold 95,831 shares of the stock in a transaction dated Tuesday, February 24th. The stock was sold at an average price of $35.59, for a total transaction of $3,410,625.29. Following the completion of the transaction, the chief executive officer owned 126,685 shares in the company, valued at approximately $4,508,719.15. This represents a 43.07% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Vaibhav Agarwal sold 18,680 shares of the stock in a transaction dated Monday, March 2nd. The stock was sold at an average price of $36.33, for a total value of $678,644.40. Following the transaction, the chief financial officer owned 139,493 shares of the company's stock, valued at approximately $5,067,780.69. This trade represents a 11.81% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 253,984 shares of company stock worth $9,076,324 in the last 90 days. Corporate insiders own 7.30% of the company's stock.

RingCentral Stock Performance

Shares of RingCentral stock opened at $40.42 on Tuesday. The firm has a fifty day moving average of $37.52 and a two-hundred day moving average of $31.48. The stock has a market capitalization of $3.50 billion, a price-to-earnings ratio of 84.21, a PEG ratio of 1.57 and a beta of 1.14. RingCentral, Inc. has a 52 week low of $23.59 and a 52 week high of $43.83.

RingCentral (NYSE:RNG - Get Free Report) last issued its earnings results on Thursday, February 19th. The software maker reported $1.18 EPS for the quarter, beating the consensus estimate of $1.14 by $0.04. The company had revenue of $644.03 million during the quarter, compared to analysts' expectations of $643.52 million. RingCentral had a net margin of 1.73% and a negative return on equity of 28.14%. The business's revenue for the quarter was up 4.8% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.98 EPS. RingCentral has set its FY 2026 guidance at 4.760-4.970 EPS and its Q1 2026 guidance at 1.160-1.190 EPS. As a group, research analysts forecast that RingCentral, Inc. will post 2.68 EPS for the current fiscal year.

RingCentral Dividend Announcement

The company also recently disclosed a quarterly dividend, which was paid on Monday, March 16th. Investors of record on Monday, March 9th were given a $0.075 dividend. The ex-dividend date was Monday, March 9th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 0.7%. RingCentral's dividend payout ratio is currently 62.50%.

Analysts Set New Price Targets

RNG has been the topic of a number of recent research reports. Zacks Research raised RingCentral from a "strong sell" rating to a "hold" rating in a report on Wednesday, March 4th. Mizuho lifted their price objective on RingCentral from $27.00 to $32.00 and gave the company a "neutral" rating in a report on Friday, February 20th. Weiss Ratings raised RingCentral from a "sell (d+)" rating to a "hold (c-)" rating in a report on Monday, March 2nd. Oppenheimer reaffirmed an "outperform" rating on shares of RingCentral in a report on Friday, February 20th. Finally, Morgan Stanley lifted their target price on shares of RingCentral from $30.00 to $33.00 and gave the company an "equal weight" rating in a research note on Friday, February 20th. Four equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to MarketBeat, the stock currently has an average rating of "Hold" and a consensus target price of $35.63.

RingCentral Profile

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.

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