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Zoom Communications (NASDAQ:ZM) Chief Executive Officer Eric S. Yuan sold a total of $12.5 million in Class A Common Stock on November 3rd and 4th, according to a Form 4 filing with the Securities and Exchange Commission. The video conferencing giant, currently valued at $25.02 billion, has maintained a "GREAT" financial health score according to InvestingPro metrics.
The sales were executed at prices ranging from $83.7943 to $88.4117, close to the current trading price of $83.56. Yuan sold 43,209 shares on November 3rd, followed by 27,069 shares, 2,410 shares and 690 shares. On November 4th, Yuan sold 42,745 shares, 26,721 shares and 3,912 shares. Notably, InvestingPro analysis indicates Zoom is currently undervalued with strong fundamentals including a 7% free cash flow yield.
On the same dates, Yuan converted 146,756 shares of Class B Common Stock into Class A Common Stock.
The sales were executed under a Rule 10b5-1 trading plan adopted on June 20, 2025.
In other recent news, Zoom Communications, Inc. has made significant strides in enhancing its technological capabilities and strategic partnerships. The company announced a collaboration with NVIDIA to boost its AI Companion platform using NVIDIA’s Nemotron technology, which will integrate into Zoom’s AI architecture to enhance performance and customization for enterprise clients. Additionally, Zoom has formed a strategic partnership with Oracle, allowing Zoom CX to operate on Oracle Cloud Infrastructure, which expands its customer experience platform. This partnership also sees Oracle implementing Zoom’s Contact Center for its global customer service operations.
On the financial front, Morgan Stanley and UBS have both assumed coverage of Zoom Video stock, assigning an Equalweight and Neutral rating, respectively, with a shared price target of $85. Morgan Stanley highlighted strong growth in Zoom’s Contact Center as a Service, while UBS noted mixed feedback on Zoom’s consolidation strategy but a positive outlook for Zoom Phone. Furthermore, RBC Capital has reiterated an Outperform rating on Zoom Video stock, maintaining a price target of $100. RBC Capital also noted Zoom’s consistent long-term margin targets, which remain unchanged at approximately 80% for gross margins and between 33% and 36% for operating margins. These developments reflect Zoom’s ongoing efforts to enhance its offerings and maintain financial stability.
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