Zoom Communications (NASDAQ:ZM) CFO Michelle Chang Sells 10,156 Shares of Company Stock

Zoom Communications, Inc. (NASDAQ:ZM) CFO Michelle Chang sold 10,156 shares of the stock in a transaction dated Wednesday, October 21st. The stock was sold at an average price of $101.93, for a total value of $1,035,201.08. Following the transaction, the chief financial officer directly owned 30,282 shares in the company, valued at approximately $3,086,644.26. The trade was a 25.11% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Michelle Chang also recently made the following trade(s):

• On Monday, October 12th, Michelle Chang sold 8,489 shares of Zoom Communications stock. The shares were sold at an average price of $99.46, for a total value of $844,315.94.

Zoom Communications Price Performance

Shares of NASDAQ:ZM opened at $95.77 on Friday. The firm has a market capitalization of $27.94 billion, a PE ratio of 8.87, a price-to-earnings-growth ratio of 4.27 and a beta of 1.03. Zoom Communications, Inc. has a 1 year low of $70.70 and a 1 year high of $114.74. The firm’s 50-day moving average is $96.29 and its two-hundred day moving average is $95.10.

Zoom Communications (NASDAQ:ZM) last posted its quarterly earnings data on Tuesday, August 25th. The company reported $1.55 EPS for the quarter, beating the consensus estimate of $1.48 by $0.07. Zoom Communications had a net margin of 65.19% and a return on equity of 10.86%. The business had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same quarter last year, the firm posted $1.53 earnings per share. The business’s revenue for the quarter was up 4.9% compared to the same quarter last year. Zoom Communications has set its FY 2027 guidance at 6.080-6.120 EPS and its Q3 2027 guidance at 1.460-1.480 EPS. Analysts expect that Zoom Communications, Inc. will post 4.27 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have recently weighed in on ZM. Yorkville Ives started coverage on shares of Zoom Communications in a report on Tuesday, October 6th. They issued an “outperform” rating and a $120.00 price objective on the stock. UBS Group dropped their price target on Zoom Communications from $115.00 to $112.00 and set a “neutral” rating on the stock in a research report on Wednesday. Cantor Fitzgerald restated a “neutral” rating and set a $104.00 price target on shares of Zoom Communications in a research note on Wednesday. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $108.00 price target on shares of Zoom Communications in a report on Wednesday, August 26th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $130.00 price objective on shares of Zoom Communications in a research report on Thursday. Sixteen research analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $114.48.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of the business. Thurston Springer Miller Herd & Titak Inc. increased its stake in Zoom Communications by 133.3% in the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 350 shares of the company’s stock valued at $30,000 after purchasing an additional 200 shares during the last quarter. Rexford Capital Inc. grew its holdings in Zoom Communications by 45.7% in the first quarter. Rexford Capital Inc. now owns 389 shares of the company’s stock valued at $31,000 after purchasing an additional 122 shares during the period. V Square Quantitative Management LLC grew its holdings in Zoom Communications by 100.4% in the first quarter. V Square Quantitative Management LLC now owns 505 shares of the company’s stock valued at $41,000 after purchasing an additional 253 shares during the period. Strategic Investment Solutions Inc. IL increased its position in Zoom Communications by 400.0% during the second quarter. Strategic Investment Solutions Inc. IL now owns 500 shares of the company’s stock worth $43,000 after purchasing an additional 400 shares during the last quarter. Finally, Elevation Wealth Partners LLC raised its stake in Zoom Communications by 133.8% during the third quarter. Elevation Wealth Partners LLC now owns 477 shares of the company’s stock worth $43,000 after purchasing an additional 273 shares during the period. 66.54% of the stock is currently owned by institutional investors and hedge funds.

Zoom Communications News Summary

Here are the key news stories impacting Zoom Communications this week:

• Positive Sentiment: Analyst support remains broad: Oppenheimer upgraded Zoom, while BTIG Research and RBC initiated or reiterated bullish ratings. Rosenblatt maintained a Buy rating, and Needham reaffirmed its Buy rating with a $130 price target, implying substantial upside from recent levels. Oppenheimer upgrades Zoom BTIG gives Zoom a Buy rating Rosenblatt maintains Buy rating RBC gives Zoom an Outperform rating
• Positive Sentiment: Zoomtopia highlighted a deeper AI push: Zoom introduced a unified context layer and additional AI tools designed to convert meeting discussions into completed work across Zoom Workplace, customer experience, developer tools, and events. The announcements support management’s effort to reaccelerate growth and improve the platform’s strategic value. Zoom AI strategy announcement
• Neutral Sentiment: Valuation arguments are mixed: Some analysis estimates ZM is undervalued following the AI announcements, while comparisons with other software stocks question whether it is currently the better value opportunity. Wells Fargo maintained a Hold rating, and Cantor Fitzgerald reiterated Neutral, limiting the overall bullish signal. Wells Fargo maintains Hold rating
• Negative Sentiment: Near-term sentiment has been pressured: Zoom’s stock recently declined more sharply than the broader market. Commentary also cautions that the shares may trade at a discount after the AI push if investors remain uncertain about monetization, execution, or the pace of revenue growth. Zoom stock valuation after AI push

Zoom Communications Company Profile

Zoom Communications, Inc (NASDAQ: ZM) is a communications technology company that provides cloud-based collaboration and customer engagement solutions. Founded in 2011 and headquartered in San Jose, California, the company is best known for Zoom Meetings, its videoconferencing platform for online meetings, webinars and virtual events.

The company’s product portfolio also includes Zoom Phone, a cloud-based business phone service; Zoom Team Chat; Zoom Rooms for hybrid meeting spaces; Zoom Whiteboard; and Zoom Contact Center.