Key Points
- Zoom director Santiago Subotovsky sold 5,274 shares on June 1 at an average price of $109.78, totaling about $578,980. The sale was made under a pre-arranged Rule 10b5-1 plan and reduced his direct ownership by 3.69%.
- Zoom recently beat earnings expectations, reporting $1.55 EPS versus the $1.42 consensus estimate and revenue of $1.24 billion, up 5.5% year over year. The company also issued FY 2027 and Q2 2027 guidance above current expectations.
- Analyst sentiment remains constructive, with several firms raising price targets and the stock carrying a consensus rating of Moderate Buy with an average target price of $109.33. Institutional ownership is also high, at 66.54%.
Zoom Communications, Inc. (NASDAQ:ZM - Get Free Report) Director Santiago Subotovsky sold 5,274 shares of the firm's stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $109.78, for a total value of $578,979.72. Following the completion of the sale, the director directly owned 137,608 shares of the company's stock, valued at $15,106,606.24. The trade was a 3.69% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Santiago Subotovsky also recently made the following trade(s):
- On Monday, May 4th, Santiago Subotovsky sold 5,274 shares of Zoom Communications stock. The stock was sold at an average price of $106.58, for a total value of $562,102.92.
- On Friday, May 1st, Santiago Subotovsky sold 2,643 shares of Zoom Communications stock. The shares were sold at an average price of $102.85, for a total transaction of $271,832.55.
- On Thursday, April 16th, Santiago Subotovsky sold 2,388 shares of Zoom Communications stock. The stock was sold at an average price of $87.32, for a total value of $208,520.16.
- On Thursday, April 16th, Santiago Subotovsky sold 2,643 shares of Zoom Communications stock. The stock was sold at an average price of $87.32, for a total transaction of $230,786.76.
Zoom Communications Price Performance
ZM stock opened at $106.20 on Thursday. The firm's 50-day moving average is $93.33 and its 200 day moving average is $87.92. The company has a market capitalization of $31.14 billion, a PE ratio of 15.59, a P/E/G ratio of 6.40 and a beta of 1.01. Zoom Communications, Inc. has a 12 month low of $69.15 and a 12 month high of $114.74.
Zoom Communications (NASDAQ:ZM - Get Free Report) last released its quarterly earnings data on Thursday, May 21st. The company reported $1.55 EPS for the quarter, beating the consensus estimate of $1.42 by $0.13. Zoom Communications had a net margin of 41.99% and a return on equity of 11.87%. The business had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same period in the prior year, the firm earned $1.43 EPS. The business's revenue for the quarter was up 5.5% on a year-over-year basis. Zoom Communications has set its FY 2027 guidance at 5.960-6.000 EPS and its Q2 2027 guidance at 1.450-1.470 EPS. Sell-side analysts forecast that Zoom Communications, Inc. will post 3.94 EPS for the current fiscal year.
Institutional Inflows and Outflows
Large investors have recently added to or reduced their stakes in the stock. Kestra Advisory Services LLC raised its holdings in shares of Zoom Communications by 2.0% during the fourth quarter. Kestra Advisory Services LLC now owns 5,928 shares of the company's stock valued at $512,000 after purchasing an additional 116 shares during the period. 3Chopt Investment Partners LLC raised its position in Zoom Communications by 1.6% in the 1st quarter. 3Chopt Investment Partners LLC now owns 7,370 shares of the company's stock valued at $592,000 after buying an additional 119 shares during the last quarter. Rexford Capital Inc. increased its stake in Zoom Communications by 45.7% in the 1st quarter. Rexford Capital Inc. now owns 389 shares of the company's stock valued at $31,000 after buying an additional 122 shares during the last quarter. New York State Teachers Retirement System boosted its holdings in shares of Zoom Communications by 0.5% in the 4th quarter. New York State Teachers Retirement System now owns 24,263 shares of the company's stock worth $2,094,000 after buying an additional 123 shares during the last quarter. Finally, Root Financial Partners LLC increased its stake in shares of Zoom Communications by 33.5% during the 4th quarter. Root Financial Partners LLC now owns 542 shares of the company's stock worth $47,000 after purchasing an additional 136 shares during the last quarter. 66.54% of the stock is currently owned by institutional investors.
Analysts Set New Price Targets
A number of brokerages recently commented on ZM. Royal Bank Of Canada lifted their price objective on Zoom Communications from $110.00 to $130.00 and gave the stock an "outperform" rating in a research report on Friday, May 22nd. Jefferies Financial Group raised their price objective on Zoom Communications from $105.00 to $118.00 and gave the stock a "buy" rating in a report on Friday, May 22nd. Benchmark upped their price target on Zoom Communications from $115.00 to $121.00 and gave the stock a "buy" rating in a research note on Thursday, May 21st. Wall Street Zen cut shares of Zoom Communications from a "buy" rating to a "hold" rating in a research note on Saturday, March 7th. Finally, Citizens Jmp reaffirmed a "market perform" rating on shares of Zoom Communications in a report on Wednesday, May 20th. Fifteen analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the stock. According to MarketBeat.com, Zoom Communications presently has an average rating of "Moderate Buy" and an average target price of $109.33.
Get Our Latest Report on Zoom Communications
Zoom Communications News Summary
Here are the key news stories impacting Zoom Communications this week:
- Positive Sentiment: Zoom recently gained attention after launching ZoomMate, which helped push the stock higher earlier in the week and reinforced investor interest in new AI-related product features. 2 Reasons Why Zoom Stock Popped 10%
- Neutral Sentiment: Zoom also presented at the William Blair Growth Stock Conference, which keeps management visible to investors but does not appear to have produced a major new catalyst on its own. Zoom Communications, Inc. (ZM) Presents at 46th Annual William Blair Growth Stock Conference Transcript
- Neutral Sentiment: A recent article questioned the quality of Zoom’s earnings despite solid results, suggesting investors may be looking for stronger long-term growth confirmation before bidding the stock higher. There May Be Underlying Issues With The Quality Of Zoom Communications' (NASDAQ:ZM) Earnings
- Neutral Sentiment: Director Santiago Subotovsky sold 5,274 shares in a pre-arranged Rule 10b5-1 transaction, a disclosure that can add to short-term caution even though it does not necessarily signal a change in fundamentals. SEC Form 4
- Negative Sentiment: Broader software-stock selling is weighing on Zoom, with the recent decline appearing tied more to sector profit-taking than to a company-specific operational problem. Zoom, monday.com, and SentinelOne Shares Are Falling, What You Need To Know
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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