6 hours Ago By Defense World Staff
Zoom Video Communications, Inc. ( NASDAQ:ZM – Get Free Report ) CFO Kelly Steckelberg sold 8,901 shares of the business’s stock in a transaction that occurred on Wednesday, October 2nd. The stock was sold at an average price of $67.
79, for a total transaction of $603,398.79. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink .
Kelly Steckelberg also recently made the following trade(s): On Wednesday, September 18th, Kelly Steckelberg sold 8,901 shares of Zoom Video Communications stock. The stock was sold at an average price of $66.47, for a total value of $591,649.
47. On Wednesday, September 4th, Kelly Steckelberg sold 8,901 shares of Zoom Video Communications stock. The stock was sold at an average price of $68.
44, for a total transaction of $609,184.44. On Wednesday, August 21st, Kelly Steckelberg sold 5,013 shares of Zoom Video Communications stock.
The shares were sold at an average price of $59.70, for a total transaction of $299,276.10.
On Wednesday, August 7th, Kelly Steckelberg sold 5,007 shares of Zoom Video Communications stock. The stock was sold at an average price of $56.64, for a total transaction of $283,596.
48. On Wednesday, July 24th, Kelly Steckelberg sold 5,007 shares of Zoom Video Communications stock. The stock was sold at an average price of $58.
64, for a total value of $293,610.48. On Tuesday, July 9th, Kelly Steckelberg sold 14,397 shares of Zoom Video Communications stock.
The shares were sold at an average price of $57.15, for a total value of $822,788.55.
Zoom Video Communications Stock Performance Zoom Video Communications stock traded up $1.45 during midday trading on Friday, reaching $68.66.
The company’s stock had a trading volume of 1,875,279 shares, compared to its average volume of 3,295,533. The firm has a market capitalization of $21.13 billion, a PE ratio of 25.
33, a P/E/G ratio of 5.83 and a beta of -0.04.
Zoom Video Communications, Inc. has a fifty-two week low of $55.06 and a fifty-two week high of $74.
77. The stock’s 50 day simple moving average is $64.47 and its 200 day simple moving average is $62.
38. Analyst Ratings Changes Several research analysts have commented on the company. Wells Fargo & Company lifted their price target on Zoom Video Communications from $55.
00 to $60.00 and gave the stock an “underweight” rating in a research report on Thursday, August 22nd. Robert W.
Baird cut their target price on shares of Zoom Video Communications from $84.00 to $77.00 and set an “outperform” rating on the stock in a report on Thursday, August 22nd.
UBS Group upgraded shares of Zoom Video Communications to a “hold” rating in a research note on Friday, July 26th. Bank of America dropped their price objective on shares of Zoom Video Communications from $78.00 to $75.
00 and set a “neutral” rating on the stock in a research note on Thursday, August 22nd. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $78.00 target price on shares of Zoom Video Communications in a research note on Friday.
Two analysts have rated the stock with a sell rating, fourteen have issued a hold rating and five have issued a buy rating to the company’s stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of $74.68.
Get Our Latest Analysis on Zoom Video Communications Institutional Trading of Zoom Video Communications Institutional investors and hedge funds have recently modified their holdings of the business. Innealta Capital LLC acquired a new stake in shares of Zoom Video Communications during the second quarter valued at $33,000. Thurston Springer Miller Herd & Titak Inc.
purchased a new position in Zoom Video Communications in the 2nd quarter valued at about $36,000. Migdal Insurance & Financial Holdings Ltd. acquired a new stake in shares of Zoom Video Communications during the 2nd quarter worth about $41,000.
Versant Capital Management Inc grew its holdings in shares of Zoom Video Communications by 1,257.7% during the second quarter. Versant Capital Management Inc now owns 964 shares of the company’s stock worth $57,000 after buying an additional 893 shares in the last quarter.
Finally, EverSource Wealth Advisors LLC grew its stake in Zoom Video Communications by 69.7% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 1,685 shares of the company’s stock worth $102,000 after acquiring an additional 692 shares during the period.
Hedge funds and other institutional investors own 66.54% of the company’s stock. Zoom Video Communications Company Profile ( Get Free Report ) 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. See Also Five stocks we like better than Zoom Video Communications What Investors Need to Know to Beat the Market The Outlook for Interest Rate Cuts Got Blown Out of the Water Best Aerospace Stocks Investing 3 High-Risk, High-Reward Micro-Cap Stocks You Shouldn’t Ignore Overbought Stocks Explained: Should You Trade Them? 3 Bargain Stocks Positioned for Gains After Missing 2024’s Rally Receive News & Ratings for Zoom Video Communications Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zoom Video Communications and related companies with MarketBeat.com's FREE daily email newsletter .
.
