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Janet Napolitano, a director at Zoom Communications, Inc. (NASDAQ:ZM), recently sold a significant portion of her holdings in the company. According to a recent SEC filing, Napolitano sold 2,617 shares of Class A Common Stock on June 13, 2025, at a weighted average price of $76.7756 per share. The transaction comes at a time when InvestingPro data shows Zoom trading below its Fair Value, with 22 analysts recently revising their earnings estimates upward for the upcoming period. This transaction, conducted under a Rule 10b5-1 trading plan, amounted to a total value of approximately $200,921. Following this sale, Napolitano holds 4,728 shares of Zoom stock.
Additionally, on June 11, Napolitano acquired 4,361 shares of Class A Common Stock through the exercise of Restricted Stock Units (RSUs), which were granted at no cost. This acquisition increased her holdings to 7,345 shares before the subsequent sale.
In other recent news, Zoom Communications, Inc. expanded its Zoom Phone service to four additional telecom circles in India, covering major hubs like Mumbai and Delhi NCR (NYSE:VYX). This move demonstrates Zoom’s commitment to growing its presence in a key market. Concurrently, Zoom’s recent financial results showed a modest beat in earnings estimates, with revenue exceeding expectations by $8 million. The company also raised its full-year constant currency revenue forecast by $15 million, reflecting a strategic pricing adjustment for its Online segment.
Analyst firms have responded to these developments with varied outlooks. Benchmark increased its price target for Zoom to $102, maintaining a Buy rating, while Piper Sandler raised its target to $85 but kept a Neutral stance. Stifel and Bernstein both maintained their ratings, with price targets of $85 and $89, respectively, highlighting a cautious yet stable view of Zoom’s market position.
Zoom’s management has been conservative in their guidance due to macroeconomic uncertainties, yet emerging products like Customer Experience (CX) and Workvivo are positively contributing to revenue growth. The company has also enhanced its share repurchase program, a move seen as a positive indicator by analysts. Despite challenges, Zoom’s ongoing innovations and strategic adjustments are being closely monitored by investors and analysts alike.
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