Zoom Communications (NASDAQ:ZM) CEO Eric Yuan Sells 12,100 Shares

Zoom Communications, Inc. (NASDAQ:ZM) CEO Eric Yuan sold 12,100 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $93.01, for a total value of $1,125,421.00. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink.

Zoom Communications Price Performance

ZM opened at $90.83 on Thursday. The company has a market capitalization of $26.89 billion, a P/E ratio of 17.67, a P/E/G ratio of 7.94 and a beta of 0.90. The firm’s fifty day moving average price is $87.13 and its two-hundred day moving average price is $82.64. Zoom Communications, Inc. has a fifty-two week low of $64.41 and a fifty-two week high of $97.58.

Zoom Communications (NASDAQ:ZM) last released its quarterly earnings data on Monday, November 24th. The company reported $1.52 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $0.08. The company had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.21 billion. Zoom Communications had a net margin of 33.17% and a return on equity of 12.20%. The firm’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same period last year, the firm earned $1.38 EPS. 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. On average, equities research analysts expect that Zoom Communications, Inc. will post 2.93 EPS for the current fiscal year.

Analyst Ratings Changes

Several analysts recently commented on ZM shares. Piper Sandler boosted their price target on Zoom Communications from $85.00 to $91.00 and gave the company a “neutral” rating in a research note on Monday, January 5th. Zacks Research upgraded shares of Zoom Communications from a “hold” rating to a “strong-buy” rating in a research note on Wednesday, December 31st. Citigroup upgraded shares of Zoom Communications from a “neutral” rating to a “buy” rating and increased their target price for the stock from $94.00 to $106.00 in a research report on Monday, January 12th. Royal Bank Of Canada reissued an “outperform” rating and set a $100.00 price target on shares of Zoom Communications in a report on Tuesday, November 25th. Finally, Wedbush reaffirmed an “outperform” rating and set a $95.00 price objective on shares of Zoom Communications in a research note on Tuesday, November 25th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, Zoom Communications has an average rating of “Moderate Buy” and a consensus price target of $93.82.

Institutional Investors Weigh In On Zoom Communications

Several hedge funds and other institutional investors have recently added to or reduced their stakes in ZM. Legacy Financial Advisors Inc. raised its stake in shares of Zoom Communications by 65.4% in the fourth quarter. Legacy Financial Advisors Inc. now owns 8,375 shares of the company’s stock worth $723,000 after acquiring an additional 3,313 shares during the last quarter. VIRGINIA RETIREMENT SYSTEMS ET Al increased its holdings in shares of Zoom Communications by 106.6% in the fourth quarter. VIRGINIA RETIREMENT SYSTEMS ET Al now owns 751,624 shares of the company’s stock valued at $64,858,000 after purchasing an additional 387,824 shares in the last quarter. AG2R LA Mondiale Gestion D Actifs raised its position in Zoom Communications by 12.7% in the 4th quarter. AG2R LA Mondiale Gestion D Actifs now owns 13,858 shares of the company’s stock worth $1,196,000 after purchasing an additional 1,564 shares during the last quarter. Drive Wealth Management LLC acquired a new position in Zoom Communications during the 4th quarter worth $248,000. Finally, Oxbow Advisors LLC bought a new position in Zoom Communications in the 4th quarter valued at $3,309,000. Institutional investors and hedge funds own 66.54% of the company’s stock.

About Zoom Communications

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.