Key Points
- COO Aparna Bawa sold 12,886 shares of Zoom on April 17 at an average price of $87.62 for about $1.13M; the transaction was made under a pre-arranged Rule 10b5-1 plan and left her with 1,978 shares (an 86.69% reduction).
- Recent results and outlook: Zoom missed quarterly EPS ($1.44 vs. $1.48 est.) but beat revenue ($1.25B), and set FY2027 guidance of 5.770–5.810 EPS and Q1 2027 guidance of 1.400–1.420; analysts' consensus is "Hold" with a $95.32 target.
Zoom Communications, Inc. (NASDAQ:ZM - Get Free Report) COO Aparna Bawa sold 12,886 shares of Zoom Communications stock in a transaction on Friday, April 17th. The shares were sold at an average price of $87.62, for a total value of $1,129,071.32. Following the transaction, the chief operating officer owned 1,978 shares in the company, valued at $173,312.36. This represents a 86.69% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Zoom Communications Price Performance
Shares of NASDAQ ZM opened at $90.96 on Wednesday. The business's 50-day moving average price is $81.89 and its two-hundred day moving average price is $84.17. Zoom Communications, Inc. has a one year low of $69.15 and a one year high of $97.58. The company has a market capitalization of $26.80 billion, a P/E ratio of 14.67, a price-to-earnings-growth ratio of 5.18 and a beta of 0.88.
Zoom Communications (NASDAQ:ZM - Get Free Report) last issued its earnings results on Wednesday, February 25th. The company reported $1.44 EPS for the quarter, missing analysts' consensus estimates of $1.48 by ($0.04). Zoom Communications had a net margin of 39.03% and a return on equity of 11.88%. The firm had revenue of $1.25 billion during the quarter, compared to analysts' expectations of $1.23 billion. During the same quarter last year, the firm earned $1.41 EPS. The business's revenue for the quarter was up 5.3% compared to the same quarter last year. 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. On average, equities analysts anticipate that Zoom Communications, Inc. will post 3.94 EPS for the current year.
Institutional Trading of Zoom Communications
Institutional investors and hedge funds have recently made changes to their positions in the stock. Advocate Investing Services LLC acquired a new stake in shares of Zoom Communications in the fourth quarter worth about $26,000. Strive Financial Group LLC acquired a new stake in shares of Zoom Communications in the fourth quarter worth about $27,000. Toth Financial Advisory Corp acquired a new stake in shares of Zoom Communications in the fourth quarter worth about $28,000. Root Financial Partners LLC acquired a new stake in shares of Zoom Communications in the third quarter worth about $33,000. Finally, Sound Income Strategies LLC lifted its position in shares of Zoom Communications by 94.8% in the fourth quarter. Sound Income Strategies LLC now owns 411 shares of the company's stock worth $33,000 after buying an additional 200 shares during the last quarter. Institutional investors and hedge funds own 66.54% of the company's stock.
Analyst Upgrades and Downgrades
A number of research analysts have commented on the company. Benchmark lowered their target price on Zoom Communications from $115.00 to $110.00 and set a "buy" rating on the stock in a research note on Tuesday, February 24th. Sanford C. Bernstein reduced their price target on Zoom Communications from $90.00 to $88.00 and set a "market perform" rating for the company in a research report on Thursday, February 26th. Citizens Jmp reaffirmed a "market perform" rating on shares of Zoom Communications in a research report on Tuesday, February 24th. Wolfe Research raised Zoom Communications from a "peer perform" rating to an "outperform" rating and set a $115.00 price target for the company in a research report on Thursday, February 5th. Finally, Argus raised Zoom Communications to a "hold" rating in a research report on Monday, March 9th. Fourteen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company's stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $95.32.
Read Our Latest Report on ZM
About Zoom Communications
(
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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