Ribbon Communications (NASDAQ:RBBN) reported a series of insider purchases this month as President and CEO Bruce William McClelland acquired a total of 37,000 shares of the company’s common stock in three transactions between February 10 and February 13, 2026. The transactions, executed over that four-day span, amounted to $74,307 with per-share prices spanning from $1.98 to $2.0585.
The purchases arrive against a backdrop of considerable share-price weakness for the company. Ribbon’s stock has declined 61% over the trailing 12 months and traded at $2.08 at the time of the report, close to its 52-week low of $1.80. Market valuation metrics cited from InvestingPro indicate a price-to-earnings ratio of 9.48 and a price-to-book ratio of 0.78. InvestingPro data also notes that management has been active in repurchasing shares, an action that can signal confidence from the company even as the equity has underperformed.
Financial results for the fourth quarter of 2025 were mixed. Ribbon posted earnings per share of $0.59, materially ahead of the consensus analyst estimate of $0.11. Revenue for the quarter, however, came in at $227.0 million, below the expected $241.35 million and representing a 9.6% decline from the comparable quarter a year earlier. Adjusted EBITDA was reported at $40.0 million, underperforming the consensus estimate of $45.2 million.
Following the results, B. Riley lowered its rating on the stock from Buy to Neutral and cut the price target from $6.00 to $2.90. The firm cited the company’s inability to fully participate in the broader telecom recovery as part of its rationale for the downgrade.
Investors and observers now have a mixture of signals to weigh: a chief executive purchasing stock over multiple trades, favorable earnings-per-share performance versus expectations, but weaker revenue, adjusted EBITDA and a sizeable year-over-year revenue decline. Management share repurchases are also cited as a factor to consider when assessing corporate confidence amid the recent sell-off.
Where available, investors may consult extended research coverage and company reports for further detail. The facts in this report are limited to the transactions, valuation metrics, quarterly results and analyst reaction as described above.