Key Points
- Insider sale: Velchamy Sankarlingam sold 2,595 shares at an average price of $87.84 for proceeds of $227,944.80, trimming his stake by 1.90% to 133,659 shares (≈$11.74M), as disclosed in an SEC filing.
- Earnings beat and guidance: Zoom reported $1.52 EPS (vs. $1.44 est.) and $1.23B revenue (vs. $1.21B), with revenue up 4.4% YoY, and issued FY2026 guidance of $5.950–$5.970 EPS and Q4 guidance of $1.480–$1.490 EPS.
- Market view: The stock trades near its 12‑month high (opened at $90.33) with a $26.75B market cap and a consensus analyst rating of “Hold” (11 Buys, 14 Holds, 1 Sell) and an average target of $92.43.
Zoom Communications, Inc. (NASDAQ:ZM - Get Free Report) insider Velchamy Sankarlingam sold 2,595 shares of the business's stock in a transaction on Wednesday, December 10th. The stock was sold at an average price of $87.84, for a total transaction of $227,944.80. Following the completion of the transaction, the insider owned 133,659 shares of the company's stock, valued at approximately $11,740,606.56. This trade represents a 1.90% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.
Velchamy Sankarlingam also recently made the following trade(s):
- On Friday, October 10th, Velchamy Sankarlingam sold 7,660 shares of Zoom Communications stock. The shares were sold at an average price of $82.00, for a total value of $628,120.00.
Zoom Communications Trading Up 0.1%
NASDAQ:ZM opened at $90.33 on Friday. Zoom Communications, Inc. has a 12-month low of $64.41 and a 12-month high of $91.04. The firm has a market cap of $26.75 billion, a PE ratio of 17.59, a price-to-earnings-growth ratio of 7.98 and a beta of 0.81. The stock has a fifty day moving average price of $83.28 and a 200 day moving average price of $80.05.
Zoom Communications (NASDAQ:ZM - Get Free Report) last issued its quarterly earnings results on Monday, November 24th. The company reported $1.52 earnings per share for the quarter, topping the consensus estimate of $1.44 by $0.08. The company had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.21 billion. Zoom Communications had a return on equity of 12.20% and a net margin of 33.17%.Zoom Communications's revenue was up 4.4% on a year-over-year basis. During the same quarter in the prior year, the business earned $1.38 EPS. 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. Equities analysts forecast that Zoom Communications, Inc. will post 2.93 EPS for the current year.
Wall Street Analyst Weigh In
A number of brokerages recently commented on ZM. Wedbush reiterated an "outperform" rating and set a $95.00 target price on shares of Zoom Communications in a research note on Tuesday, November 25th. Benchmark increased 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. Robert W. Baird reduced their target price on shares of Zoom Communications from $100.00 to $95.00 and set an "outperform" rating for the company in a report on Friday, August 22nd. Morgan Stanley raised their price target on Zoom Communications from $85.00 to $92.00 and gave the stock an "equal weight" rating in a report on Tuesday, November 25th. Finally, Piper Sandler reaffirmed a "neutral" rating and set a $85.00 price objective on shares of Zoom Communications in a research note on Friday, August 22nd. Eleven research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $92.43.
Read Our Latest Stock Analysis on ZM
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of ZM. SouthState Corp purchased a new position in shares of Zoom Communications in the 1st quarter valued at about $25,000. Elevation Point Wealth Partners LLC acquired a new stake in Zoom Communications in the second quarter valued at $27,000. REAP Financial Group LLC increased its position in shares of Zoom Communications by 181.7% in the second quarter. REAP Financial Group LLC now owns 355 shares of the company's stock valued at $28,000 after buying an additional 229 shares in the last quarter. FNY Investment Advisers LLC acquired a new position in shares of Zoom Communications during the 2nd quarter worth $31,000. Finally, Root Financial Partners LLC purchased a new stake in shares of Zoom Communications in the 3rd quarter worth about $33,000. Institutional investors and hedge funds own 66.54% of the company's stock.
About Zoom Communications
(
Get Free Report)
Zoom Video Communications, Inc provides unified communications platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company offers Zoom Meetings that offers HD video, voice, chat, and content sharing through mobile devices, desktops, laptops, telephones, and conference room systems; Zoom Phone, an enterprise cloud phone system; and Zoom Chat enables users to share messages, images, audio files, and content in desktop, laptop, tablet, and mobile devices.
Read More
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
