Analyzing RingCentral Inc (RNG) After Recent Trading Activity

NUE

In a filing, RingCentral Inc revealed 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 $3.1 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.

Oppenheimer upgraded its RingCentral Inc [RNG] rating to an Outperform from a a Perform in a research note published recently. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who began to cover the stock in early June with a ‘”a Sector weight”‘ rating. Barclays revised its rating on January 27, 2025. It rated RNG as “an Equal weight” which previously was an “an Overweight”.

Price Performance Review of RNG

On Monday, RingCentral Inc [NYSE:RNG] saw its stock fall -5.77% to $27.09. Over the last five days, the stock has gained 13.87%. RingCentral Inc shares have fallen nearly -17.96% since the year began. Nevertheless, the stocks have fallen -22.62% 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 26.27, which if violated will result in even more drops to 25.45. On the upside, there is a resistance level at 28.61. A further resistance level may holdings at 30.13.

How much short interest is there in RingCentral Inc?

A steep rise in short interest was recorded in RingCentral Inc stocks on 2025-07-15, dropping by -0.63 million shares to a total of 5.42 million shares. Yahoo Finance data shows the prior-month short interest on 2025-06-13 was 6.05 million shares. There was a decline of -11.63%, which implies that there is a negative sentiment for the stock.

Most Popular

Knox Daily
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.