On October 9, 2024, Janet Napolitano, a Director at Zoom Video Communications Inc (ZM, Financial), executed a sale of 4,477 shares of the company. The transaction was documented in a recent SEC Filing. Following this sale, the insider now owns 2,984 shares of Zoom Video Communications Inc.
Zoom Video Communications Inc (ZM, Financial) specializes in video-first communications technology. The company's platform connects people through video, voice, chat, and content sharing and is used globally in various organizational, educational, and personal settings.
Over the past year, Janet Napolitano has sold a total of 4,477 shares and has not purchased any shares. This recent transaction reflects a continuation of the selling trend observed among insiders at Zoom Video Communications Inc, with a total of 70 insider sells and no insider buys over the past year.
Shares of Zoom Video Communications Inc were priced at $69.39 on the day of the sale. The company holds a market cap of $21.75 billion. The price-earnings ratio stands at 25.33, which is below both the industry median of 26.525 and the company's historical median.
The stock is currently assessed as Fairly Valued with a price-to-GF Value ratio of 0.96, based on a GF Value of $72.12. The GF Value is calculated considering historical trading multiples, a GuruFocus adjustment factor based on past returns and growth, and future business performance estimates from Morningstar analysts.
This insider sale might interest investors tracking insider behaviors as an indicator of potential stock performance, considering the broader context of insider transactions and company valuation metrics.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
