Ewing Stewart JR Sells Shares of Ribbon Communications

Ewing Stewart JR recently sold 42,500 shares of Ribbon Communications Inc. (NasdaqGS: RBBN) on June 16, 2026. The transaction was not part of a pre-planned trading program. Shares of Ribbon Communications are currently trading at $2.61.

What Changed in Ewing Stewart JR's Ribbon Communications Position

Ewing Stewart JR reduced his holdings in Ribbon Communications by selling 42,500 shares. This move wasn't part of a pre-planned trading strategy, and the details on the transaction price and total value weren't disclosed.

Other Institutional Activity in Ribbon Communications

Institutional investors have been actively adjusting their positions in Ribbon Communications. JPMorgan Chase & Co increased its holdings by 5,459 shares, bringing its total to 52,043,036 shares valued at about $107.99 million. In contrast, Neuberger Berman Group LLC trimmed its stake by 69,114 shares, now holding 17,361,988 shares worth approximately $33.2 million. Paradigm Capital Management reduced its position by 286,963 shares, ending with 8,036,335 shares valued at $17.04 million. BlackRock, Inc. significantly cut 941,918 shares, leaving it with 6,724,007 shares valued at around $14.25 million. Meanwhile, Royce & Associates LP increased its position by 265,000 shares, now holding 4,879,741 shares worth about $10.35 million.

Ribbon Communications Inc. Stock Up 26.1%

Shares of Ribbon Communications (NasdaqGS: RBBN) are trading at $2.61. The company has a market capitalization of roughly $450.9 million and a P/E ratio of 15.06, with a forward P/E of 13.13. The 52-week trading range for the stock is between $1.80 and $4.29. The 50-day moving average is $2.72, and the 200-day moving average is $2.90. The company's beta is 1.307, indicating moderate volatility, and it has a debt-to-equity ratio of 95.53.

Recent Earnings

Ribbon Communications reported revenue of approximately $825.88 million, although it experienced a revenue decline of 10.3%. The company has a net margin of 3.8% and a return on equity of 7.8%. Investors are looking forward to the next earnings report, scheduled for July 22, 2026.

Analysts Set New Price Targets

On February 6, 2026, Citizens and Rosenblatt both maintained their buy ratings for Ribbon Communications, setting a price target of $4.0. The stock has a strong buy consensus with a mean target price of $3.6 among five analysts.

About Ribbon Communications

Ribbon Communications Inc. is a technology company headquartered in Plano, Texas. It provides communication technology solutions globally, focusing on cloud and edge, and IP optical networks. The company offers a range of products and services, including voice over internet protocol communications and network transformation products. Led by CEO Bruce W. McClelland, Ribbon Communications serves a diverse set of industries including utilities, government, and finance.

Bottom Line

Ewing Stewart JR's recent sale of Ribbon Communications shares offers a glimpse into insider activities at the company. Ribbon Communications is a player in the technology sector with a moderate market cap and a diverse product offering. Investors should note that 13F filings and insider transactions are historical and may not reflect current positions.