Zoom’s COO Bawa sells $787k in shares

Published 17/07/2025, 00:58
Zoom’s COO Bawa sells $787k in shares

Zoom Communications (NASDAQ:ZM) Chief Operating Officer Aparna Bawa sold a total of 10,528 shares of Class A Common Stock on July 14, 2025, for approximately $787,328. According to InvestingPro data, Zoom maintains impressive financial health with a 4.57x current ratio and virtually no debt, while management has been actively buying back shares.

The sales were executed in multiple transactions with prices ranging from $73.99 to $75.06 per share. Specifically, 9,836 shares were sold at a weighted average price of $74.7693, with individual prices ranging from $73.99 to $74.989. An additional 692 shares were sold at a weighted average price of $74.997, with prices ranging from $74.99 to $75.06. The stock, which has shown relatively low volatility with a beta of 0.68, appears undervalued based on InvestingPro’s Fair Value analysis.

Following these transactions, Bawa indirectly owns 2,670 shares. The shares are held by Rafik Bawa and Aparna Bawa, as Trustees of the Bawa Family Trust.

The sales were conducted under a pre-arranged Rule 10b5-1 trading plan.

In other recent news, Zoom Communications has reported several key developments. The company announced that its stockholders approved all proposals at the 2025 Annual Meeting, including the election of three directors and the appointment of KPMG LLP as the independent accounting firm. Zoom Communications also expanded its Zoom Phone service to four additional telecom circles in India, enhancing its presence in major business hubs like Mumbai and Delhi NCR (NYSE:VYX). This expansion is part of Zoom’s strategy to offer cloud telephony solutions to support distributed workforces.

On the financial front, Benchmark raised Zoom’s stock price target to $102, maintaining a Buy rating, following the company’s revenue exceeding expectations by $8 million. Piper Sandler also adjusted its price target to $85, citing the growing traction of Zoom’s newer products, though it maintained a Neutral rating. Stifel kept its Hold rating and an $85 price target, noting stability in Zoom’s Online and Enterprise segments despite extended sales cycles with some U.S. customers.

Zoom’s CEO Eric Yuan demonstrated the company’s technological capabilities by using an AI avatar during an earnings call, highlighting their commitment to privacy and security. The company is focusing on adapting its pricing strategy and enhancing user experience through advanced technology. Despite challenges, analysts see potential in Zoom’s emerging products like Customer Experience and Workvivo, which continue to contribute positively to revenue growth.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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