Ribbon Communications (RBBN) Insider Mair Buys 67,500 Shares
On June 16, 2026, Scott Mair bought 67,500 shares of Ribbon Communications, reflecting his confidence in the company's future.
Reviewed by automated data checks against the source filing. How we make and check alerts
Scott Mair bought 67,500 shares of Ribbon Communications Inc. ($RBBN) on June 16, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $RBBN is down 8.1% after 1 week, down 17.6% after 1 month and down 49.4% to date (from the $2.61 close on Jun 16, 2026).
RBBN
Ribbon Communications Inc.
Key Points
- Scott Mair purchased 67,500 shares of Ribbon Communications (RBBN) on June 16, 2026, valued at about $172,200 based on a recent share price of $2.56.
- The stock closed at $1.72 prior to this transaction and recently traded at $2.56, significantly above its 52-week low of $1.55.
- Rosenblatt recently downgraded the stock to a Neutral rating with a price target of $2.20 on September 15, 2026.
Get $RBBN trade alerts by text
We text you when insiders, Congress or big funds trade $RBBN. Free.
Not investment advice. EarningsIQ is not a registered investment adviser, and this automated Ribbon Communications Inc. alert may contain errors. Disclosures
Mair's Recent Purchase
On June 16, 2026, Scott Mair bought 67,500 shares of Ribbon Communications Inc. (RBBN) on the NasdaqGS. This purchase is valued at about $172,200 based on a recent share price of $2.56. Mair's acquisition reflects a notable commitment to the company amid recent insider trading activity.
Insider Buying and Selling at Ribbon Communications Inc.
Mair's buy comes on a busy day for insider transactions at Ribbon Communications. On the same day, Ewing Stewart JR sold 42,500 shares, while Bruns Grayson purchased 42,500 shares and also sold the same number. Additionally, Beatriz Infante acquired 42,500 shares. This mix of buying and selling suggests varying levels of confidence among insiders regarding Ribbon's prospects.
How Ribbon Communications Inc. Stock Has Traded
The shares of Ribbon Communications recently traded at $2.56, up from a prior close of $1.72. This increase is significant, as it positions the stock well above its 52-week low of $1.55. The stock's price movement may indicate a recovery phase, especially after the recent trades by insiders.
Analysts Set New Price Targets
Analyst opinions have shifted recently, with Rosenblatt downgrading Ribbon Communications to a Neutral rating on September 15, 2026, with a price target of $2.20. This downgrade follows a maintained Buy rating with a higher target of $3.50 on July 29, 2026. The consensus among analysts remains cautious, with a mean price target of $3.30 based on five opinions, reflecting a strong buy recommendation.
What Ribbon Communications Inc. Does
Ribbon Communications Inc. provides communications technology across various sectors, including software solutions for voice communications and networking services. The company operates in two main segments: Cloud and Edge, and IP Optical Networks. Mair's recent purchase may signal his belief in the company's potential for growth as it navigates a competitive technology landscape.
What's Next for Ribbon Communications Inc.
Looking ahead, Ribbon Communications is set to report its next earnings on October 21, 2026. As always, the recent insider transactions and analyst ratings will be crucial to watch as the company prepares for this upcoming report. Keep in mind that the recent insider trades provide a snapshot of past activities and may not reflect current positions.
Related Filing Alerts
Source: Scott Mair's Form 4 filing on $RBBN (Jun 16, 2026). Find the original filing: RBBN Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts