Zoom Communications (NASDAQ:ZM) COO Sells $987,587.69 in Stock

Zoom Communications, Inc. (NASDAQ:ZM) COO Aparna Bawa sold 12,137 shares of the business’s stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $81.37, for a total transaction of $987,587.69. Following the completion of the sale, the chief operating officer directly owned 1,978 shares in the company, valued at approximately $160,949.86. This trade represents a 85.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Zoom Communications Stock Down 0.2%

ZM traded down $0.14 on Wednesday, hitting $81.18. The company’s stock had a trading volume of 2,976,687 shares, compared to its average volume of 1,946,740. Zoom Communications, Inc. has a 12 month low of $64.41 and a 12 month high of $91.43. The firm has a market cap of $24.04 billion, a P/E ratio of 23.04, a price-to-earnings-growth ratio of 7.31 and a beta of 0.87. The company’s 50 day simple moving average is $85.30 and its 200-day simple moving average is $81.52.

Zoom Communications (NASDAQ:ZM) last posted its earnings results on Monday, November 24th. The company reported $1.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.08. Zoom Communications had a return on equity of 12.20% and a net margin of 33.17%.The firm had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.21 billion. During the same quarter in the prior year, the business posted $1.38 earnings per share. The business’s quarterly revenue was up 4.4% on a year-over-year basis. 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 predict that Zoom Communications, Inc. will post 2.93 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently issued reports on the stock. Weiss Ratings reissued a “buy (b-)” rating on shares of Zoom Communications in a report on Monday, December 29th. William Blair reaffirmed an “outperform” rating on shares of Zoom Communications in a report on Tuesday, September 30th. Sanford C. Bernstein reissued a “market perform” rating and issued a $90.00 price target on shares of Zoom Communications in a report on Tuesday, November 25th. UBS Group started coverage on shares of Zoom Communications in a research report on Monday, October 20th. They set a “neutral” rating and a $85.00 price target for the company. Finally, Piper Sandler upped their price target 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. One investment analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company has an average rating of “Moderate Buy” and a consensus target price of $93.82.

Institutional Investors Weigh In On Zoom Communications

Large investors have recently added to or reduced their stakes in the company. Toth Financial Advisory Corp purchased a new position in shares of Zoom Communications in the 4th quarter worth about $28,000. Elevation Point Wealth Partners LLC bought a new stake in Zoom Communications in the 2nd quarter worth approximately $27,000. REAP Financial Group LLC boosted its stake in Zoom Communications by 181.7% in the second quarter. REAP Financial Group LLC now owns 355 shares of the company’s stock worth $28,000 after buying an additional 229 shares in the last quarter. FNY Investment Advisers LLC purchased a new stake in Zoom Communications in the second quarter worth approximately $31,000. Finally, Root Financial Partners LLC bought a new position in Zoom Communications during the third quarter valued at approximately $33,000. Hedge funds and other institutional investors own 66.54% of the company’s stock.

Zoom Communications Company Profile

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.