Zoom Communications, Inc. (NASDAQ:ZM – Get Free Report) Director Herbert Raymond Mcmaster sold 1,500 shares of the firm’s stock in a transaction that occurred on Wednesday, October 21st. The stock was sold at an average price of $101.25, for a total transaction of $151,875.00. Following the transaction, the director directly owned 6,979 shares in the company, valued at approximately $706,623.75. This trade represents a 17.69% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Herbert Raymond Mcmaster also recently made the following trade(s):
- On Thursday, October 8th, Herbert Raymond Mcmaster sold 3,000 shares of Zoom Communications stock. The shares were sold at an average price of $94.71, for a total transaction of $284,130.00.
Zoom Communications Stock Performance
Shares of NASDAQ ZM opened at $95.77 on Friday. The firm has a market capitalization of $27.94 billion, a price-to-earnings ratio of 8.87, a PEG ratio of 4.27 and a beta of 1.03. The stock has a 50 day moving average price of $96.29 and a 200 day moving average price of $95.10. Zoom Communications, Inc. has a 52-week low of $70.70 and a 52-week high of $114.74.
Zoom Communications (NASDAQ:ZM – Get Free Report) last released its quarterly earnings data on Tuesday, August 25th. The company reported $1.55 EPS for the quarter, topping the consensus estimate of $1.48 by $0.07. The company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.27 billion. Zoom Communications had a return on equity of 10.86% and a net margin of 65.19%. Zoom Communications’s quarterly revenue was up 4.9% on a year-over-year basis. During the same period last year, the business posted $1.53 EPS. 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. Analysts forecast that Zoom Communications, Inc. will post 4.27 earnings per share for the current year.
More Zoom Communications News
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
Hedge Funds Weigh In On Zoom Communications
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Signaturefd LLC lifted its position in shares of Zoom Communications by 16.1% during the third quarter. Signaturefd LLC now owns 5,595 shares of the company’s stock valued at $508,000 after buying an additional 775 shares during the last quarter. Capital Investment Advisors LLC boosted its holdings in shares of Zoom Communications by 8.9% in the 3rd quarter. Capital Investment Advisors LLC now owns 3,022 shares of the company’s stock valued at $274,000 after buying an additional 248 shares in the last quarter. XXI Wealth LLC boosted its holdings in shares of Zoom Communications by 57.3% in the 3rd quarter. XXI Wealth LLC now owns 4,180 shares of the company’s stock valued at $379,000 after buying an additional 1,523 shares in the last quarter. Yousif Capital Management LLC boosted its holdings in shares of Zoom Communications by 8.2% in the 3rd quarter. Yousif Capital Management LLC now owns 5,080 shares of the company’s stock valued at $461,000 after buying an additional 384 shares in the last quarter. Finally, Brookstone Capital Management grew its position in shares of Zoom Communications by 15.7% in the 3rd quarter. Brookstone Capital Management now owns 8,494 shares of the company’s stock worth $771,000 after buying an additional 1,150 shares during the last quarter. Hedge funds and other institutional investors own 66.54% of the company’s stock.
Wall Street Analyst Weigh In
A number of equities analysts have recently issued reports on the company. Jefferies Financial Group dropped their price target on Zoom Communications from $118.00 to $116.00 and set a “buy” rating on the stock in a research report on Wednesday, August 26th. Morgan Stanley lifted their price objective on Zoom Communications from $105.00 to $107.00 and gave the company an “equal weight” rating in a report on Wednesday, August 26th. Needham & Company LLC reaffirmed a “buy” rating and issued a $130.00 price objective on shares of Zoom Communications in a research note on Thursday. Citizens Jmp reaffirmed a “market perform” rating on shares of Zoom Communications in a research note on Wednesday, August 26th. Finally, Weiss Ratings upgraded shares of Zoom Communications from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. Sixteen investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Zoom Communications currently has a consensus rating of “Moderate Buy” and an average price target of $114.48.
View Our Latest Stock Report on Zoom Communications
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.
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