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

Zoom Communications, Inc. (NASDAQ:ZM) CEO Eric Yuan sold 12,100 shares of the business’s stock in a transaction on Wednesday, January 14th. The stock was sold at an average price of $83.46, for a total transaction of $1,009,866.00. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Zoom Communications Stock Down 1.5%

Shares of NASDAQ ZM traded down $1.24 during trading on Thursday, hitting $81.52. The company had a trading volume of 2,352,579 shares, compared to its average volume of 2,088,469. The firm has a market capitalization of $24.14 billion, a price-to-earnings ratio of 15.86, a price-to-earnings-growth ratio of 7.43 and a beta of 0.87. The stock has a fifty day simple moving average of $85.43 and a two-hundred day simple moving average of $81.40. Zoom Communications, Inc. has a fifty-two week low of $64.41 and a fifty-two week high of $91.43.

Zoom Communications (NASDAQ:ZM) last issued 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. Zoom Communications had a net margin of 33.17% and a return on equity of 12.20%. The firm had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.21 billion. During the same period last year, the company posted $1.38 EPS. Zoom Communications’s quarterly revenue was up 4.4% compared to the same quarter last year. 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, analysts anticipate that Zoom Communications, Inc. will post 2.93 earnings per share for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on ZM shares. Piper Sandler lifted their target price on shares of Zoom Communications from $85.00 to $91.00 and gave the stock 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 report on Wednesday, December 31st. Jefferies Financial Group upped their price objective on shares of Zoom Communications from $100.00 to $105.00 and gave the company a “buy” rating in a research note on Tuesday, November 25th. Weiss Ratings reissued a “buy (b-)” rating on shares of Zoom Communications in a research note on Monday, December 29th. Finally, BTIG Research started coverage on Zoom Communications in a report on Tuesday, December 16th. They set a “buy” rating and a $105.00 target price on the stock. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Zoom Communications presently has a consensus rating of “Moderate Buy” and an average target price of $93.82.

Institutional Trading of Zoom Communications

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Frank Rimerman Advisors LLC raised its position in shares of Zoom Communications by 8.9% during the 4th quarter. Frank Rimerman Advisors LLC now owns 4,014 shares of the company’s stock valued at $346,000 after buying an additional 329 shares during the period. McGlone Suttner Wealth Management Inc. acquired a new stake in Zoom Communications during the fourth quarter worth $254,000. Brookstone Capital Management raised its position in Zoom Communications by 2.2% in the fourth quarter. Brookstone Capital Management now owns 8,024 shares of the company’s stock valued at $692,000 after purchasing an additional 170 shares during the period. Boston Common Asset Management LLC acquired a new position in shares of Zoom Communications in the 4th quarter valued at $2,163,000. Finally, J. Safra Sarasin Holding AG purchased a new position in shares of Zoom Communications during the 4th quarter worth $939,000. 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.