Ribbon Communications (RBBN) Insider Mair Sells 67,500 Shares
Scott Mair sold 67,500 shares of Ribbon Communications on June 16, 2026, amid a busy day of insider trading.
Reviewed by automated data checks against the source filing. How we make and check alerts
Scott Mair sold 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 sold 67,500 shares of Ribbon Communications, valued at about $173,700 based on the recent trading price of $2.56.
- The company's stock recently closed at $1.72, sitting below its 52-week high of $4.09.
- Analysts have mixed views, with a recent downgrade from Rosenblatt to a 'Neutral' rating and a target price of $2.20.
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Mair's Insider Sale Details
On June 16, 2026, Scott Mair sold 67,500 shares of Ribbon Communications Inc. (NasdaqGS: RBBN). At a recent price of $2.56 per share, this sale is valued at approximately $173,700. This sale occurred on a day when several insiders at the company were active in the market.
Other Insiders Active on the Same Day
Mair wasn't alone in trading on June 16. Ewing Stewart JR also sold 42,500 shares, while Bruns Grayson sold 42,500 shares as well. Meanwhile, Grayson and Beatriz Infante both purchased 42,500 shares each. This flurry of activity indicates significant insider movement within the company on the same day.
Stock Activity and Market Context
Ribbon Communications' stock closed at $1.72 recently, which is significantly lower than its 52-week high of $4.09. The stock's performance has been under pressure, with analysts noting a recent decline in revenue growth. The shares are currently trading above their 50-day moving average of about $2.04, which could suggest some short-term resilience despite broader challenges.
Analysts Set New Price Targets
On September 15, 2026, Rosenblatt downgraded the stock to a 'Neutral' rating with a target price of $2.20, down from $3.50. However, on July 29, 2026, the firm maintained a 'Buy' rating with a target of $3.50, previously at $4.00. This mixed sentiment reflects ongoing uncertainty regarding Ribbon Communications' market position and growth prospects.
About Ribbon Communications
Ribbon Communications Inc. specializes in providing communications technology, operating through segments like Cloud and Edge, and IP Optical Networks. This insider activity, coupled with the company's recent stock performance, highlights the ongoing dynamics at play within the technology sector.
What's Ahead for Ribbon Communications Inc.
Investors will be watching for Ribbon Communications' next earnings report scheduled for October 21, 2026. As a reminder, insider trades are reported after the fact, and the recent activity reflects positions as of June 16, 2026. Further insider trading activity may provide additional insights into the company's future direction.
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