Zoom Communications (NASDAQ:ZM) CEO Sells $1,009,866.00 in Stock

Zoom Communications, Inc. (NASDAQ:ZM) CEO Eric Yuan sold 12,100 shares of the stock in a transaction dated Wednesday, January 14th. The stock was sold at an average price of $83.46, for a total transaction of $1,009,866.00. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink.

Zoom Communications Stock Performance

Shares of Zoom Communications stock traded down $1.24 on Thursday, reaching $81.52. The company had a trading volume of 2,352,579 shares, compared to its average volume of 2,088,469. The firm’s 50 day moving average price is $85.43 and its two-hundred day moving average price is $81.40. Zoom Communications, Inc. has a 52-week low of $64.41 and a 52-week high of $91.43. The firm has a market cap of $24.14 billion, a PE ratio of 15.86, a PEG ratio of 7.43 and a beta of 0.87.

Zoom Communications (NASDAQ:ZM) last posted its earnings results on Monday, November 24th. The company reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.44 by $0.08. Zoom Communications had a net margin of 33.17% and a return on equity of 12.20%. The firm had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.21 billion. During the same quarter last year, the firm earned $1.38 EPS. The firm’s revenue for the quarter was up 4.4% on a year-over-year basis. Zoom Communications has set its FY 2026 guidance at 5.950-5.970 EPS and its Q4 2026 guidance at 1.480-1.490 EPS. As a group, sell-side analysts predict that Zoom Communications, Inc. will post 2.93 EPS for the current year.

Analyst Upgrades and Downgrades

A number of analysts have issued reports on the stock. Benchmark boosted their price target on shares of Zoom Communications from $102.00 to $110.00 and gave the stock a “buy” rating in a research note on Thursday, September 18th. Wells Fargo & Company initiated coverage on shares of Zoom Communications in a report on Tuesday, September 30th. They set an “equal weight” rating and a $90.00 target price on the stock. Royal Bank Of Canada restated an “outperform” rating and issued a $100.00 price target on shares of Zoom Communications in a research note on Tuesday, November 25th. Zacks Research raised Zoom Communications from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 31st. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Zoom Communications in a report on Monday, December 29th. One analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $93.82.

Institutional Investors Weigh In On Zoom Communications

Institutional investors and hedge funds have recently bought and sold shares of the stock. Vanguard Group Inc. increased its position in shares of Zoom Communications by 4.0% during the third quarter. Vanguard Group Inc. now owns 25,937,601 shares of the company’s stock worth $2,139,852,000 after purchasing an additional 986,164 shares in the last quarter. AQR Capital Management LLC grew its stake in Zoom Communications by 23.4% during the 3rd quarter. AQR Capital Management LLC now owns 8,477,057 shares of the company’s stock worth $699,357,000 after buying an additional 1,607,253 shares during the last quarter. State Street Corp increased its position in Zoom Communications by 0.4% during the third quarter. State Street Corp now owns 7,219,148 shares of the company’s stock worth $595,580,000 after buying an additional 29,647 shares during the period. Norges Bank purchased a new position in shares of Zoom Communications during the 2nd quarter worth approximately $539,998,000. Finally, Geode Capital Management LLC grew its holdings in Zoom Communications by 0.5% during the second quarter. Geode Capital Management LLC now owns 4,795,307 shares of the company’s stock worth $373,504,000 after acquiring an additional 23,910 shares during the period. 66.54% of the stock is owned by hedge funds and other institutional investors.

About Zoom Communications

Zoom Video Communications, Inc (commonly referred to as Zoom) is a provider of cloud-based communications and collaboration solutions. The company’s platform supports video conferencing, voice calling, instant messaging, webinars and large-scale virtual events, and meeting room systems, marketed to businesses, educational institutions, government organizations and individual users. Zoom’s product lineup includes Zoom Meetings, Zoom Phone, Zoom Rooms, Zoom Video Webinars and Zoom Chat, and the company offers integrations and extensions through a developer marketplace and third-party apps.

Founded in 2011 by Eric S.