Bruns Grayson Buys Shares of RBBN $RBBN

Key Points

  • Bruns Grayson bought 42,500 shares of Ribbon Communications Inc. ($RBBN).
  • $RBBN last traded around $2.61.

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Bruns Grayson, insider at Ribbon Communications Inc. ($RBBN), bought 42,500 shares. The trade was disclosed in a Form 4 filing with the Securities and Exchange Commission.

Ribbon Communications Inc. Stock Up 28.6%

Shares of Ribbon Communications Inc. ($RBBN) traded around $2.61 on Wednesday, up 28.6% for the day.

Last price$2.61
Market cap$355.86M
P/E ratio24.88
Forward P/E12.76
PEG ratio0.57
Beta1.37
52-week low$1.80
52-week high$4.24
50-day MA$2.16
200-day MA$2.50
Current ratio1.31
Quick ratio0.85
Debt-to-equity1.01

Ribbon Communications Inc. Earnings

EPS (ttm)$0.08
Revenue (ttm)$797.64M
Revenue growth-12.80%
Net margin1.96%
Return on equity4.09%
Next earningsOct 21, 2026

Analysts Set New Price Targets

Average target$3.56
High target$4
Low target$3
Analysts covering5

About Ribbon Communications Inc.

Ribbon Communications Inc. provides communications technology in the United States, Europe, the Middle East, Africa, the Asia Pacific, and internationally. It operates through two segments, Cloud and Edge, and IP Optical Networks. The Cloud and Edge segment provides software and hardware products, solutions, and services for voice over internet protocol communications, voice over long-term evolution, and voice over 5G communications, and unified communications and collaboration. It also offers session border controllers; and network transformation products, such as call controllers, media gateways, and application servers. This segment serves private, public, hybrid cloud infrastructures, as well as data centers, enterprise premises, and service provider networks. The IP Optical Networks segment provides hardware and software products and solutions for IP networking, switching, routing, and optical transport for technologies comprising 5G, distributed cloud computing, and corresponding applications. It also offers multiple solutions, including 5G-native solutions for mobile-backhaul, metro and edge aggregation, core networking, data center interconnect, multi-service access, and transport solutions for wholesale carriers. This segment serves utilities, government, defense, finance, transportation, and education and research industries, as well as service providers and enterprises. The company was formerly known as Sonus Networks, Inc. and changed its name to Ribbon Communications Inc. in November 2017. Ribbon Communications Inc. was founded in 1997 and is headquartered in Plano, Texas.

ExchangeNasdaqGS
SectorTechnology
IndustrySoftware - Application
HeadquartersPlano, TX
CEOMr. Bruce W. McClelland
Employees3,080

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