ZM CFO Kelly Steckelberg Has Sold Around 6,700 Shares

ZM
ZM

The CFO of ZM, Kelly Steckelberg, has sold around 6,700 shares of the stocks of the company in a 22nd April research note. The average price at which these shares were sold is $330.46, with the total transaction coming to $2,214,082. The CFO currently owns around 6,700 shares of this company with a total valuation of $2,214,082. The documentation is available on the official SEC website.

The Quarterly Estimates Of ZM 

The stocks of ZM traded on Monday at $0.46. The market cap of the firm is $98.81 billion, with a 43.90 PE ratio, along with a 12.42 PEG ratio, and a -1.46 beta. The moving average price of the company over a period of 50 days is $329.01, with the moving average price of the company over a period of 200 days set at $397.47. The year low of the company is $132.67, with a year high of around $588.84. 

ZM had already published their quarterly earnings on the 28th of February. The EPS reported by the company during this period was $1.22, which was more than the consensus estimate of $0.79. The net margin of the company is 17.10%, with a 27.93% return on equity. The revenue of the company is $882.49 million, which is also comprehensively more than the analyst estimate of $810.97 million. 

There have been quite a few research equities that have commented on the stocks of ZM. Deutsche Bank has already given the company a rating of hold with a price target of $360 in a 1st April research report. Zacks has also reduced the price rating of the company from buy to hold with a price target of $354 in an 8th March research report. Morgan Stanley has also increased the price target of the company from $390 to $420 with a rating of equal weight in an 8th March research report. 

Three of the investment analysts covering the firm have given it a rating of sell, while eleven others have given it a rating of hold. Fourteen others have issued the company with a rating of buy. Currently, ZM has a hold rating with a $423.62 price target.