Aparna Bawa Sells 12,137 Shares of Zoom Communications (NASDAQ:ZM) Stock

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

Zoom Communications Trading Up 4.3%

Shares of ZM opened at $84.65 on Friday. The stock has a 50 day moving average of $85.24 and a 200 day moving average of $81.54. The company has a market capitalization of $25.06 billion, a price-to-earnings ratio of 16.47, a PEG ratio of 7.29 and a beta of 0.87. Zoom Communications, Inc. has a 12 month low of $64.41 and a 12 month high of $91.43.

Zoom Communications (NASDAQ:ZMGet Free Report) last announced its quarterly earnings data on Monday, November 24th. The company reported $1.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 during the quarter, compared to the consensus estimate of $1.21 billion. During the same quarter in the prior year, the company earned $1.38 EPS. The business’s revenue for the quarter 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. As a group, equities research analysts predict that Zoom Communications, Inc. will post 2.93 earnings per share for the current year.

Institutional Investors Weigh In On Zoom Communications

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Norges Bank bought a new position in shares of Zoom Communications in the second quarter worth $539,998,000. AQR Capital Management LLC lifted its holdings in Zoom Communications by 23.4% during the 3rd quarter. AQR Capital Management LLC now owns 8,477,057 shares of the company’s stock worth $699,357,000 after purchasing an additional 1,607,253 shares in the last quarter. Acadian Asset Management LLC boosted its stake in Zoom Communications by 41.1% in the 2nd quarter. Acadian Asset Management LLC now owns 3,769,480 shares of the company’s stock worth $293,909,000 after purchasing an additional 1,097,333 shares during the period. Two Sigma Investments LP purchased a new position in Zoom Communications during the 3rd quarter valued at about $86,709,000. Finally, Vanguard Group Inc. increased its position in shares of Zoom Communications by 4.0% during the third quarter. Vanguard Group Inc. now owns 25,937,601 shares of the company’s stock valued at $2,139,852,000 after buying an additional 986,164 shares during the period. Institutional investors own 66.54% of the company’s stock.

Analyst Upgrades and Downgrades

Several analysts have commented on ZM shares. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Zoom Communications in a research report on Monday, December 29th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $100.00 price target on shares of Zoom Communications in a report on Tuesday, November 25th. Wedbush reiterated an “outperform” rating and issued a $95.00 price objective on shares of Zoom Communications in a research note on Tuesday, November 25th. William Blair reissued an “outperform” rating on shares of Zoom Communications in a research report on Tuesday, September 30th. Finally, Wells Fargo & Company began coverage on Zoom Communications in a research note on Tuesday, September 30th. They issued an “equal weight” rating and a $90.00 target price on the stock. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned 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 stock has an average rating of “Moderate Buy” and an average price target of $93.82.

View Our Latest Research Report on Zoom Communications

Zoom Communications Company Profile

(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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