Eric Yuan Sells 73,378 Shares of Zoom Communications (NASDAQ:ZM) Stock

Zoom Communications, Inc. (NASDAQ:ZM) CEO Eric Yuan sold 73,378 shares of the company’s stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $82.73, for a total transaction of $6,070,561.94. The sale was disclosed in a document filed with the SEC, which is available at the SEC website.

Zoom Communications Stock Performance

Shares of NASDAQ ZM traded down $0.60 during trading on Wednesday, reaching $80.71. The company had a trading volume of 1,720,164 shares, compared to its average volume of 2,775,439. Zoom Communications, Inc. has a 52 week low of $64.41 and a 52 week high of $92.80. The business’s 50 day moving average price is $83.00 and its 200-day moving average price is $79.65. The stock has a market cap of $24.42 billion, a PE ratio of 21.30, a PEG ratio of 11.17 and a beta of 0.79.

Zoom Communications (NASDAQ:ZM) last issued its quarterly earnings results on Thursday, August 21st. The company reported $0.99 earnings per share for the quarter, missing analysts’ consensus estimates of $1.38 by ($0.39). Zoom Communications had a net margin of 24.99% and a return on equity of 11.91%. The company had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.20 billion. During the same period in the prior year, the business earned $1.39 EPS. The business’s revenue for the quarter was up 4.7% on a year-over-year basis. Zoom Communications has set its FY 2026 guidance at 5.810-5.840 EPS. Q3 2026 guidance at 1.420-1.44 EPS. Equities analysts anticipate that Zoom Communications, Inc. will post 2.93 earnings per share for the current year.

Institutional Investors Weigh In On Zoom Communications

Several large investors have recently bought and sold shares of the company. SouthState Corp acquired a new position in shares of Zoom Communications in the 1st quarter valued at $25,000. Elevation Point Wealth Partners LLC acquired a new position in Zoom Communications in the second quarter valued at about $27,000. REAP Financial Group LLC grew its stake in Zoom Communications by 181.7% in the second quarter. REAP Financial Group LLC now owns 355 shares of the company’s stock valued at $28,000 after acquiring an additional 229 shares during the period. FNY Investment Advisers LLC bought a new stake in shares of Zoom Communications in the second quarter worth about $31,000. Finally, Root Financial Partners LLC acquired a new stake in shares of Zoom Communications during the third quarter worth about $33,000. Institutional investors own 66.54% of the company’s stock.

Analyst Upgrades and Downgrades

ZM has been the topic of several recent research reports. Mizuho raised their price target on Zoom Communications from $95.00 to $100.00 and gave the company an “outperform” rating in a report on Tuesday, August 26th. UBS Group started coverage on shares of Zoom Communications in a research note on Monday, October 20th. They issued a “neutral” rating and a $85.00 target price on the stock. Dbs Bank upgraded shares of Zoom Communications to a “moderate buy” rating in a research report on Tuesday, September 16th. Piper Sandler restated a “neutral” rating and issued a $85.00 price objective on shares of Zoom Communications in a report on Friday, August 22nd. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $100.00 price objective on shares of Zoom Communications in a research note on Thursday, September 18th. One analyst has rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, sixteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $92.35.

Zoom Communications Company Profile

Zoom Video Communications, Inc provides unified communications platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company offers Zoom Meetings that offers HD video, voice, chat, and content sharing through mobile devices, desktops, laptops, telephones, and conference room systems; Zoom Phone, an enterprise cloud phone system; and Zoom Chat enables users to share messages, images, audio files, and content in desktop, laptop, tablet, and mobile devices.