Key Points
- Eric Yuan sold 15,273 Zoom shares at an average price of $82.23 for roughly $1.256 million, reducing his stake to 36,796 shares (a 29.33% decrease), and the sale was executed under a pre‑arranged Rule 10b5‑1 trading plan.
- Zoom recently reported Q results with EPS of $1.44 (missing the $1.48 estimate) and revenue of $1.25 billion (slightly above estimates), set FY 2027 EPS guidance of 5.770–5.810 and Q1 2027 guidance of 1.400–1.420; the stock opened at $89.03, has a market cap of $26.23 billion, and carries a consensus analyst rating of "Hold" with an average price target of $95.32.
Zoom Communications, Inc. (NASDAQ:ZM - Get Free Report) CEO Eric Yuan sold 15,273 shares of the company's stock in a transaction dated Tuesday, April 14th. The stock was sold at an average price of $82.23, for a total transaction of $1,255,898.79. Following the transaction, the chief executive officer owned 36,796 shares of the company's stock, valued at $3,025,735.08. This represents a 29.33% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Zoom Communications Stock Up 8.0%
ZM stock opened at $89.03 on Thursday. The company has a market capitalization of $26.23 billion, a P/E ratio of 14.36, a PEG ratio of 4.71 and a beta of 0.88. The company has a 50-day simple moving average of $82.20 and a 200 day simple moving average of $83.96. Zoom Communications, Inc. has a fifty-two week low of $69.15 and a fifty-two week high of $97.58.
Zoom Communications (NASDAQ:ZM - Get Free Report) last posted its quarterly earnings data on Wednesday, February 25th. The company reported $1.44 earnings per share for the quarter, missing the consensus estimate of $1.48 by ($0.04). The company had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.23 billion. Zoom Communications had a return on equity of 11.88% and a net margin of 39.03%.The business's revenue for the quarter was up 5.3% compared to the same quarter last year. During the same period in the previous year, the company earned $1.41 EPS. 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 year.
Institutional Investors Weigh In On Zoom Communications
A number of institutional investors and hedge funds have recently bought and sold shares of ZM. NewEdge Advisors LLC lifted its holdings in Zoom Communications by 16.8% in the 1st quarter. NewEdge Advisors LLC now owns 8,009 shares of the company's stock valued at $591,000 after acquiring an additional 1,153 shares during the last quarter. Intech Investment Management LLC lifted its holdings in Zoom Communications by 59.1% in the 1st quarter. Intech Investment Management LLC now owns 16,785 shares of the company's stock valued at $1,238,000 after acquiring an additional 6,235 shares during the last quarter. Geneos Wealth Management Inc. lifted its holdings in Zoom Communications by 82.0% in the 1st quarter. Geneos Wealth Management Inc. now owns 881 shares of the company's stock valued at $65,000 after acquiring an additional 397 shares during the last quarter. Sivia Capital Partners LLC acquired a new stake in Zoom Communications in the 2nd quarter valued at about $217,000. Finally, Invesco Ltd. lifted its holdings in Zoom Communications by 7.0% in the 2nd quarter. Invesco Ltd. now owns 730,207 shares of the company's stock valued at $56,942,000 after acquiring an additional 47,749 shares during the last quarter. 66.54% of the stock is owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
Several research firms recently weighed in on ZM. Weiss Ratings reaffirmed a "buy (b-)" rating on shares of Zoom Communications in a report on Monday, December 29th. Citigroup raised shares of Zoom Communications from a "neutral" rating to a "buy" rating and upped their price objective for the stock from $94.00 to $106.00 in a report on Monday, January 12th. Needham & Company LLC reaffirmed a "buy" rating and issued a $100.00 price objective on shares of Zoom Communications in a report on Friday, March 13th. Piper Sandler upped their price objective on shares of Zoom Communications from $85.00 to $91.00 and gave the stock a "neutral" rating in a report on Monday, January 5th. Finally, Zacks Research downgraded shares of Zoom Communications from a "strong-buy" rating to a "hold" rating in a report on Friday, February 13th. Fourteen equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Hold" and an average price target of $95.32.
View Our Latest Report on Zoom Communications
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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