Zoom Communications (NASDAQ:ZM) COO Sells $987,587.69 in Stock

Zoom Communications, Inc. (NASDAQ:ZM) COO Aparna Bawa sold 12,137 shares of Zoom Communications stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $81.37, for a total value of $987,587.69. Following the sale, the chief operating officer owned 1,978 shares of the company’s stock, valued at approximately $160,949.86. This represents a 85.99% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this link.

Zoom Communications Trading Up 1.3%

NASDAQ:ZM opened at $85.78 on Friday. Zoom Communications, Inc. has a 12-month low of $64.41 and a 12-month high of $91.43. The firm has a market cap of $25.40 billion, a price-to-earnings ratio of 16.69, a price-to-earnings-growth ratio of 7.60 and a beta of 0.87. The company’s 50-day moving average is $85.27 and its two-hundred day moving average is $81.60.

Zoom Communications (NASDAQ:ZM) last issued its quarterly earnings results on Monday, November 24th. The company reported $1.52 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $0.08. The business 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 company’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same period in the previous year, the firm posted $1.38 earnings per share. 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 forecast that Zoom Communications, Inc. will post 2.93 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have recently issued reports on ZM. UBS Group began coverage on Zoom Communications in a report on Monday, October 20th. They set a “neutral” rating and a $85.00 price objective on the stock. JPMorgan Chase & Co. boosted their target price on shares of Zoom Communications from $85.00 to $90.00 and gave the company a “neutral” rating in a report on Tuesday, November 25th. Piper Sandler upped their price target on shares of Zoom Communications from $85.00 to $91.00 and gave the stock a “neutral” rating in a research report on Monday, January 5th. Morgan Stanley lifted their price target on shares of Zoom Communications from $85.00 to $92.00 and gave the company an “equal weight” rating in a report on Tuesday, November 25th. Finally, Rosenblatt Securities reissued a “buy” rating and set a $115.00 price objective on shares of Zoom Communications in a research note on Tuesday, November 25th. One investment analyst has rated the stock with a Strong Buy rating, thirteen 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, the stock currently has a consensus rating of “Moderate Buy” and a consensus price target of $93.82.

Hedge Funds Weigh In On Zoom Communications

A number of hedge funds have recently made changes to their positions in ZM. Elevation Point Wealth Partners LLC acquired a new stake in Zoom Communications in the 2nd quarter valued at $27,000. REAP Financial Group LLC boosted its position in shares of Zoom Communications by 181.7% in the second quarter. REAP Financial Group LLC now owns 355 shares of the company’s stock worth $28,000 after buying an additional 229 shares during the period. Toth Financial Advisory Corp acquired a new stake in shares of Zoom Communications in the fourth quarter valued at about $28,000. FNY Investment Advisers LLC purchased a new stake in shares of Zoom Communications during the 2nd quarter valued at about $31,000. Finally, Root Financial Partners LLC purchased a new stake in shares of Zoom Communications during the 3rd quarter valued at about $33,000. Hedge funds and other institutional investors 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.