Scott Mair Acquires Shares in Ribbon Communications

Scott Mair recently purchased 67,500 shares of Ribbon Communications Inc. (NasdaqGS: RBBN) on June 16, 2026. The stock was trading at $2.61 at the time of the purchase. This transaction was not part of a pre-planned trading program.

Other Institutional Activity in Ribbon Communications

JPMorgan Chase & Co. slightly increased its position by 5,459 shares, ending with 52,043,036 shares valued at about $107.99 million. Neuberger Berman Group LLC trimmed its holdings by 69,114 shares to 17,361,988 shares, worth around $33.2 million. Paradigm Capital Management Inc./NY reduced its stake by 286,963 shares, holding 8,036,335 shares valued at approximately $17.04 million. BlackRock, Inc. also cut its position by 941,918 shares, ending with 6,724,007 shares worth about $14.25 million. Meanwhile, Royce & Associates LP grew its stake by 265,000 shares, totaling 4,879,741 shares valued at around $10.35 million.

Ribbon Communications Inc. Stock Up 26.1%

Shares of NasdaqGS:RBBN traded near $2.61. Ribbon Communications Inc. has a market capitalization of approximately $451 million. The company holds a P/E ratio of 15.06 and a forward P/E of 13.13. Its beta stands at 1.307, indicating a moderate level of volatility. The stock's 52-week range is between $1.80 and $4.29, with a 50-day moving average of $2.72 and a 200-day moving average of $2.90. The company's current ratio is 1.367, while the quick ratio is 0.909, and it has a debt-to-equity ratio of 95.53.

Recent Earnings

Ribbon Communications reported revenue of approximately $825.88 million, though it experienced a revenue decline of 10.3%. The company posted an EPS of $0.17, with a net margin of 3.8% and a return on equity of 7.8%. The next earnings announcement is expected on July 22, 2026.

Insider Buying and Selling at Ribbon Communications Inc.

On June 16, 2026, several insiders made transactions at Ribbon Communications. Shani Shaul, Ewing Stewart Jr, and Tanya Tamone each purchased 42,500 shares. Beatriz Infante also bought 42,500 shares on the same day. These transactions were not under pre-planned trading agreements.

Analysts Set New Price Targets

On February 6, 2026, Citizens and Rosenblatt both maintained their buy ratings for Ribbon Communications, with a price target of $4.0. The consensus among analysts is a strong buy, with an average target price of $3.60 based on five analyst opinions.

About Ribbon Communications

Ribbon Communications Inc. is a technology company based in Plano, Texas. It provides a range of communications technology solutions worldwide, operating through two main segments: Cloud and Edge, and IP Optical Networks. The company offers products and services for voice over internet protocol communications, 5G communications, and more. Led by CEO Bruce W. McClelland, Ribbon Communications employs approximately 3,080 people.

Bottom Line

Scott Mair's recent purchase of Ribbon Communications shares is a notable insider activity. Ribbon Communications, with its diverse technology offerings, is closely watched by investors and analysts who maintain a strong buy consensus. As with all 13F filings and insider activities, it's important to remember these reflect past actions and may not indicate future intentions.