Insider Selling: Zoom Communications (NASDAQ:ZM) CFO Sells 10,156 Shares of Stock

Zoom Communications, Inc. (NASDAQ:ZM) CFO Michelle Chang sold 10,156 shares of the business’s stock in a transaction that occurred on Wednesday, October 21st. The shares were sold at an average price of $101.93, for a total transaction of $1,035,201.08. Following the transaction, the chief financial officer owned 30,282 shares of the company’s stock, valued at approximately $3,086,644.26. This represents a 25.11% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

Michelle Chang also recently made the following trade(s):

• On Monday, October 12th, Michelle Chang sold 8,489 shares of Zoom Communications stock. The stock was sold at an average price of $99.46, for a total value of $844,315.94.

Zoom Communications Stock Down 0.4%

Shares of ZM stock traded down $0.43 during trading hours on Friday, reaching $95.77. The company’s stock had a trading volume of 3,039,273 shares, compared to its average volume of 3,902,601. The firm’s 50 day simple moving average is $96.50 and its 200-day simple moving average is $95.10. The company has a market capitalization of $27.94 billion, a price-to-earnings ratio of 8.87, a PEG ratio of 4.59 and a beta of 1.03. Zoom Communications, Inc. has a fifty-two week low of $70.70 and a fifty-two week high of $114.74.

Zoom Communications (NASDAQ:ZM) last issued its quarterly earnings results on Tuesday, August 25th. The company reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.48 by $0.07. Zoom Communications had a return on equity of 10.86% and a net margin of 65.19%. The company had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.27 billion. During the same quarter last year, the company posted $1.53 EPS. The company’s revenue for the quarter was up 4.9% compared to the same quarter last year. Zoom Communications has set its FY 2027 guidance at 6.080-6.120 EPS and its Q3 2027 guidance at 1.460-1.480 EPS. Sell-side analysts predict that Zoom Communications, Inc. will post 4.27 earnings per share for the current year.

Analysts Set New Price Targets

ZM has been the topic of a number of recent analyst reports. UBS Group decreased their target price on Zoom Communications from $115.00 to $112.00 and set a “neutral” rating on the stock in a research report on Wednesday. Weiss Ratings raised shares of Zoom Communications from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. KeyCorp restated a “sector weight” rating on shares of Zoom Communications in a research note on Wednesday, August 26th. Jefferies Financial Group reduced their price target on shares of Zoom Communications from $118.00 to $116.00 and set a “buy” rating on the stock in a research note on Wednesday, August 26th. Finally, Oppenheimer raised shares of Zoom Communications from a “market perform” rating to an “outperform” rating and set a $130.00 price target on the stock in a report on Wednesday. Sixteen analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. According to MarketBeat, Zoom Communications currently has a consensus rating of “Moderate Buy” and a consensus price target of $114.48.

Zoom Communications News Roundup

Here are the key news stories impacting Zoom Communications this week:

• Positive Sentiment: Analyst support remains broad: Oppenheimer upgraded Zoom, while BTIG Research and RBC initiated or reiterated bullish ratings. Rosenblatt maintained a Buy rating, and Needham reaffirmed its Buy rating with a $130 price target, implying substantial upside from recent levels. Oppenheimer upgrades Zoom BTIG gives Zoom a Buy rating Rosenblatt maintains Buy rating RBC gives Zoom an Outperform rating
• Positive Sentiment: Zoomtopia highlighted a deeper AI push: Zoom introduced a unified context layer and additional AI tools designed to convert meeting discussions into completed work across Zoom Workplace, customer experience, developer tools, and events. The announcements support management’s effort to reaccelerate growth and improve the platform’s strategic value. Zoom AI strategy announcement
• Neutral Sentiment: Valuation arguments are mixed: Some analysis estimates ZM is undervalued following the AI announcements, while comparisons with other software stocks question whether it is currently the better value opportunity. Wells Fargo maintained a Hold rating, and Cantor Fitzgerald reiterated Neutral, limiting the overall bullish signal. Wells Fargo maintains Hold rating
• Negative Sentiment: Near-term sentiment has been pressured: Zoom’s stock recently declined more sharply than the broader market. Commentary also cautions that the shares may trade at a discount after the AI push if investors remain uncertain about monetization, execution, or the pace of revenue growth. Zoom stock valuation after AI push

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Signaturefd LLC boosted its holdings in shares of Zoom Communications by 16.1% during the 3rd quarter. Signaturefd LLC now owns 5,595 shares of the company’s stock valued at $508,000 after acquiring an additional 775 shares in the last quarter. Capital Investment Advisors LLC boosted its stake in shares of Zoom Communications by 8.9% during the third quarter. Capital Investment Advisors LLC now owns 3,022 shares of the company’s stock valued at $274,000 after purchasing an additional 248 shares in the last quarter. XXI Wealth LLC boosted its stake in shares of Zoom Communications by 57.3% during the third quarter. XXI Wealth LLC now owns 4,180 shares of the company’s stock valued at $379,000 after purchasing an additional 1,523 shares in the last quarter. Yousif Capital Management LLC boosted its stake in shares of Zoom Communications by 8.2% during the third quarter. Yousif Capital Management LLC now owns 5,080 shares of the company’s stock valued at $461,000 after purchasing an additional 384 shares in the last quarter. Finally, Brookstone Capital Management grew its holdings in shares of Zoom Communications by 15.7% during the third quarter. Brookstone Capital Management now owns 8,494 shares of the company’s stock worth $771,000 after purchasing an additional 1,150 shares during the last quarter. 66.54% of the stock is currently owned by institutional investors.

Zoom Communications Company Profile

Zoom Communications, Inc (NASDAQ: ZM) is a communications technology company that provides cloud-based collaboration and customer engagement solutions. Founded in 2011 and headquartered in San Jose, California, the company is best known for Zoom Meetings, its videoconferencing platform for online meetings, webinars and virtual events.

The company’s product portfolio also includes Zoom Phone, a cloud-based business phone service; Zoom Team Chat; Zoom Rooms for hybrid meeting spaces; Zoom Whiteboard; and Zoom Contact Center.