Daniel Scheinman Adds to Zoom Communications Holdings
Daniel Scheinman purchased 3,012 shares of Zoom Communications on June 11, 2026.
Key Points
- On June 11, 2026, Daniel Scheinman bought 3,012 shares of Zoom Communications, Inc. (ZM) on the NasdaqGS.
- Zoom Communications has a market cap of $27.47 billion with a P/E ratio of 13.8 and a 52-week range of $69.15 to $114.74.
- Analysts maintain a 'buy' consensus with a target price of $115.0, reflecting confidence in Zoom's growth potential.
Daniel Scheinman, an insider at Zoom Communications, Inc. (NasdaqGS: ZM), acquired 3,012 shares of the company on June 11, 2026. The stock is currently trading at $93.68, reflecting Scheinman's confidence in the company's prospects.
Insider Buying and Selling at Zoom Communications, Inc.
On June 11, 2026, several insiders, including Daniel Scheinman, purchased 3,012 shares each of Zoom Communications. These transactions were not part of a pre-planned trading program, indicating spontaneous interest in the company's stock.
Other Institutional Activity in Zoom Communications
Several institutional investors have also adjusted their positions in Zoom Communications. BlackRock, Inc. increased its holdings by 453,370 shares to a total of 17,777,558 shares, valued at approximately $1.43 billion. Vanguard Portfolio Management LLC initiated a new position with 13,402,043 shares worth about $1.08 billion. Meanwhile, JPMorgan Chase & Co significantly boosted its stake by 4,254,403 shares, totaling 9,075,320 shares valued at $714 million. On the other hand, AQR Capital Management LLC reduced its position by 3,833,232 shares, ending with 8,362,011 shares worth $662 million.
Zoom Communications Stock Snapshot
Shares of Zoom Communications (NasdaqGS: ZM) are trading around $93.68. The company holds a market cap of $27.47 billion and boasts a P/E ratio of 13.8. Zoom's stock has fluctuated between a 52-week low of $69.15 and a high of $114.74. The 50-day moving average is $96.19, while the 200-day moving average is $86.97. Zoom maintains a current ratio of 4.22 and a quick ratio of 4.03, with a debt-to-equity ratio of 0.60, indicating solid financial health.
Recent Earnings
Zoom Communications reported revenue of approximately $4.93 billion, with a revenue growth of 5.5%. The company's earnings per share (EPS) stood at $6.79, and it achieved a net margin of 41.99%. Zoom's return on equity (ROE) was 21.95%. The next earnings report is expected on May 21, 2026.
Analysts Set New Price Targets
Analysts have maintained their confidence in Zoom Communications, with firms like HSBC, Citigroup, and Jefferies reaffirming their 'buy' ratings. HSBC set a price target of $133 on June 2, 2026, while Citigroup and Jefferies have targets of $126 and $118, respectively. The consensus among 26 analysts is a 'buy' rating, with a mean target price of $115.
About Zoom Communications
Zoom Communications, Inc. is a technology company based in San Jose, California. It provides a platform for video communications and collaboration, serving various sectors including education, healthcare, and finance. Led by CEO Eric S. Yuan, Zoom offers products like Zoom Meetings, Zoom Phone, and Zoom Team Chat, among others. The company was founded in 2011 and employs over 7,400 people globally.
Bottom Line
Daniel Scheinman's purchase of Zoom Communications shares demonstrates insider confidence in the company's future. Zoom's strong market position and financial health are underscored by its recent earnings and analyst ratings. While insider transactions like these are noteworthy, they offer just one piece of the puzzle for potential investors, reminding us that past filings may not reflect current positions.
See Also
This instant news alert was generated by automated narrative technology and financial data from Trueearnings and public regulatory filings. It is for informational purposes only and is not financial advice.