Insider Selling: Zoom Communications (NASDAQ:ZM) CEO Sells $1,125,421.00 in Stock

Zoom Communications, Inc. (NASDAQ:ZM) CEO Eric Yuan sold 12,100 shares of the company’s stock in a transaction 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 Securities & Exchange Commission, which can be accessed through this link.

Zoom Communications Stock Up 3.5%

Shares of NASDAQ ZM opened at $92.20 on Friday. The stock’s fifty day simple moving average is $87.37 and its 200 day simple moving average is $82.80. The stock has a market capitalization of $27.30 billion, a price-to-earnings ratio of 17.94, a PEG ratio of 7.98 and a beta of 0.90. Zoom Communications, Inc. has a 52-week low of $64.41 and a 52-week high of $97.58.

Zoom Communications (NASDAQ:ZM) last released its quarterly earnings results on Monday, November 24th. The company reported $1.52 earnings per share for the quarter, beating analysts’ consensus estimates of $1.44 by $0.08. The business had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.21 billion. Zoom Communications had a return on equity of 12.20% and a net margin of 33.17%.Zoom Communications’s revenue for the quarter was up 4.4% on a year-over-year basis. During the same quarter last year, the company posted $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. As a group, analysts anticipate that Zoom Communications, Inc. will post 2.93 earnings per share for the current year.

Hedge Funds Weigh In On Zoom Communications

Institutional investors have recently modified their holdings of the company. NewEdge Advisors LLC boosted its holdings in shares of Zoom Communications by 16.8% during the 1st quarter. NewEdge Advisors LLC now owns 8,009 shares of the company’s stock worth $591,000 after buying an additional 1,153 shares during the period. Intech Investment Management LLC boosted its holdings in Zoom Communications by 59.1% during the first quarter. Intech Investment Management LLC now owns 16,785 shares of the company’s stock valued at $1,238,000 after acquiring an additional 6,235 shares during the period. Geneos Wealth Management Inc. boosted its holdings in Zoom Communications by 82.0% during the first quarter. Geneos Wealth Management Inc. now owns 881 shares of the company’s stock valued at $65,000 after acquiring an additional 397 shares during the period. Sivia Capital Partners LLC acquired a new stake in shares of Zoom Communications in the second quarter valued at about $217,000. Finally, Truist Financial Corp lifted its position in shares of Zoom Communications by 20.0% during the 2nd quarter. Truist Financial Corp now owns 7,150 shares of the company’s stock worth $558,000 after purchasing an additional 1,192 shares during the last quarter. Institutional investors own 66.54% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on ZM. Zacks Research upgraded shares of Zoom Communications from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 31st. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $87.00 target price on shares of Zoom Communications in a research report on Tuesday, November 25th. Piper Sandler lifted their price target on Zoom Communications from $85.00 to $91.00 and gave the company a “neutral” rating in a report on Monday, January 5th. Wall Street Zen downgraded Zoom Communications from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 15th. Finally, JPMorgan Chase & Co. lifted their target price on Zoom Communications from $85.00 to $90.00 and gave the company a “neutral” rating in a research note on Tuesday, November 25th. One 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 assigned a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average price target of $94.74.

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.