RingCentral's chief accounting officer, Tarun Arora, sold 675 Class A common shares on Aug. 25 for a total of $45,528, according to a regulatory filing. The shares were disposed at $67.45 apiece, near the stock's 52-week high of $68.45.
The transaction was executed under a Rule 10b5-1 trading plan adopted by Arora on May 22, 2026. Following the sale, Arora retains beneficial ownership of 79,709 RingCentral shares.
The stock has delivered an 118% return over the past year, according to InvestingPro data. The platform also rates RingCentral's financial health at 3.27 out of 5, describing the stock as undervalued based on fair-value assessment. The shares were down 2.19% or $1.47 in recent trading, as reflected in the widget data.
RingCentral reported fiscal Q2 2026 earnings on Aug. 25, with adjusted earnings per share of $1.22, beating analyst estimates of $1.16. Revenue reached $657 million, exceeding the $650.55 million forecast. The company also raised its full-year outlook, citing growing demand for artificial intelligence-based products.
