In a filing, RingCentral Inc revealed its CTrO and Deputy CFO Agarwal Vaibhav unloaded Company’s shares for reported $62849.0 on May 16 ’25. In the deal valued at $27.97 per share,2,247 shares were sold. As a result of this transaction, Agarwal Vaibhav now holds 120,982 shares worth roughly $3.4 million.
Then, Vendrow Vlad bought 34,514 shares, generating $1,092,674 in total proceeds.
Before that, VAIBHAV AGARWAL bought 2,247 shares. RingCentral Inc shares valued at $62,849 were divested by the Officer at a price of $27.97 per share.
A number of analysts have revised their coverage, including Barclays’s analysts, who decreased its forecast for the stock in late January from “an Overweight” to “an Equal weight”. Wells Fargo also remained covering RNG and has decreased its forecast on January 07, 2025 with a “an Underweight” recommendation from previously “an Equal weight” rating. Raymond James revised its rating on January 03, 2025. It rated RNG as “an Outperform” which previously was an “a Strong buy”.
Price Performance Review of RNG
On Friday, RingCentral Inc [NYSE:RNG] saw its stock jump 0.29% to $28.09. Over the last five days, the stock has gained 1.33%. RingCentral Inc shares have fallen nearly -19.77% since the year began. Nevertheless, the stocks have fallen -25.45% over the past one year. While a 52-week high of $42.19 was reached on 01/06/25, a 52-week low of $20.58 was recorded on 04/07/25. SMA at 50 days reached $25.59, while 200 days put it at $31.80.
Levels Of Support And Resistance For RNG Stock
The 24-hour chart illustrates a support level at 27.76, which if violated will result in even more drops to 27.42. On the upside, there is a resistance level at 28.27. A further resistance level may holdings at 28.45. The Relative Strength Index (RSI) on the 14-day chart is 66.73, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.23, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 22.54%. Stochastics %K at 75.63% indicates the stock is a holding.