Key Points
- Director Santiago Subotovsky sold 2,475 shares on March 4 at an average price of $77.42 for $191,614.50, his third recent sale (also sold identical lots in January and February), reducing his stake by 1.59% to 153,442 shares.
- Quarterly results mixed: Zoom reported EPS of $1.44 (missing the $1.48 consensus) while revenue of $1.25 billion beat estimates, and management set FY2027 EPS guidance of 5.770–5.810 and Q1 2027 guidance of 1.400–1.420.
- Market and analyst view: ZM traded around $77.50 (market cap $22.95B, PE 12.5) and carries a consensus "Hold" rating with an average target price of $95.32, while institutional ownership sits at about 66.5%.
Zoom Communications, Inc. (NASDAQ:ZM - Get Free Report) Director Santiago Subotovsky sold 2,475 shares of the business's stock in a transaction on Wednesday, March 4th. The stock was sold at an average price of $77.42, for a total transaction of $191,614.50. Following the completion of the sale, the director owned 153,442 shares of the company's stock, valued at $11,879,479.64. The trade was a 1.59% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website.
Santiago Subotovsky also recently made the following trade(s):
- On Thursday, February 5th, Santiago Subotovsky sold 2,475 shares of Zoom Communications stock. The shares were sold at an average price of $90.39, for a total transaction of $223,715.25.
- On Monday, January 5th, Santiago Subotovsky sold 2,475 shares of Zoom Communications stock. The stock was sold at an average price of $86.01, for a total transaction of $212,874.75.
Zoom Communications Trading Up 0.2%
Zoom Communications stock traded up $0.17 on Friday, reaching $77.50. 4,474,969 shares of the stock were exchanged, compared to its average volume of 5,039,533. Zoom Communications, Inc. has a twelve month low of $64.41 and a twelve month high of $97.58. The firm has a fifty day moving average price of $86.41 and a two-hundred day moving average price of $84.52. The stock has a market cap of $22.95 billion, a PE ratio of 12.50, a PEG ratio of 4.41 and a beta of 0.93.
Zoom Communications (NASDAQ:ZM - Get Free Report) last issued its quarterly earnings results on Wednesday, February 25th. The company reported $1.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.48 by ($0.04). The business had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.23 billion. Zoom Communications had a net margin of 39.03% and a return on equity of 11.88%. The company's revenue for the quarter was up 5.3% compared to the same quarter last year. During the same period in the prior year, the business posted $1.41 earnings per share. Zoom Communications has set its FY 2027 guidance at 5.770-5.810 EPS and its Q1 2027 guidance at 1.400-1.420 EPS. Equities analysts anticipate that Zoom Communications, Inc. will post 2.93 EPS for the current fiscal year.
Wall Street Analyst Weigh In
Several research analysts have commented on the company. Wedbush reaffirmed an "outperform" rating and issued a $95.00 price target on shares of Zoom Communications in a research report on Tuesday, November 25th. Rosenblatt Securities restated a "buy" rating and issued a $115.00 price objective on shares of Zoom Communications in a research note on Thursday, February 26th. Sanford C. Bernstein dropped their target price on shares of Zoom Communications from $90.00 to $88.00 and set a "market perform" rating on the stock in a research report on Thursday, February 26th. BTIG Research cut their target price on shares of Zoom Communications from $105.00 to $100.00 and set a "buy" rating for the company in a research note on Thursday, February 26th. Finally, Wall Street Zen downgraded shares of Zoom Communications from a "buy" rating to a "hold" rating in a report on Saturday. Fourteen investment analysts have rated the stock with 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 "Hold" and an average target price of $95.32.
View Our Latest Report on Zoom Communications
Hedge Funds Weigh In On Zoom Communications
A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Hsbc Holdings PLC raised its position in Zoom Communications by 43.6% in the fourth quarter. Hsbc Holdings PLC now owns 422,470 shares of the company's stock worth $36,460,000 after purchasing an additional 128,174 shares in the last quarter. Wick Capital Partners LLC bought a new position in shares of Zoom Communications during the fourth quarter valued at $373,000. Kera Capital Partners Inc. boosted its stake in shares of Zoom Communications by 65.6% in the 4th quarter. Kera Capital Partners Inc. now owns 15,205 shares of the company's stock valued at $1,400,000 after purchasing an additional 6,024 shares in the last quarter. Virtu Financial LLC acquired a new stake in shares of Zoom Communications during the 4th quarter worth about $554,000. Finally, T. Rowe Price Investment Management Inc. grew its stake in Zoom Communications by 7.9% during the fourth quarter. T. Rowe Price Investment Management Inc. now owns 4,637,903 shares of the company's stock worth $400,205,000 after buying an additional 341,104 shares during the last quarter. 66.54% of the stock is owned by institutional investors.
Zoom Communications Company Profile
(
Get Free Report)
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.
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