RingCentral Inc’s recent filing unveils that its Chief Accounting Officer Arora Tarun unloaded Company’s shares for reported $0.22 million on Jun 27 ’25. In the deal valued at $28.00 per share,7,776 shares were sold. As a result of this transaction, Arora Tarun now holds 114,497 shares worth roughly $3.08 million.
Then, Makagon Kira sold 21,185 shares, generating $586,570 in total proceeds. Upon selling the shares at $27.69, the President and COO now owns 413,131 shares.
Before that, Makagon Kira bought 27,055 shares. RingCentral Inc shares valued at $748,612 were divested by the Officer at a price of $27.67 per share.
KeyBanc Capital Markets initiated its RingCentral Inc [RNG] rating to a Sector weight in a research note published recently. Barclays also remained covering RNG and has decreased its forecast on January 27, 2025 with a “an Equal weight” recommendation from previously “an Overweight” rating. Wells Fargo revised its rating on January 07, 2025. It rated RNG as “an Underweight” which previously was an “an Equal weight”.
Price Performance Review of RNG
On Friday, RingCentral Inc [NYSE:RNG] saw its stock fall -5.87% to $26.93. Over the last five days, the stock has lost -9.84%. RingCentral Inc shares have fallen nearly -3.16% since the year began. Nevertheless, the stocks have fallen -23.08% 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.
Levels Of Support And Resistance For RNG Stock
The 24-hour chart illustrates a support level at 26.41, which if violated will result in even more drops to 25.89. On the upside, there is a resistance level at 27.95. A further resistance level may holdings at 28.96.
How much short interest is there in RingCentral Inc?
A steep rise in short interest was recorded in RingCentral Inc stocks on 2025-06-13, growing by 59481.0 shares to a total of 6.05 million shares. Yahoo Finance data shows the prior-month short interest on 2025-05-15 was 5.99 million shares. There was a rise of 0.98%, which implies that there is a positive sentiment for the stock.
