On January 2, 2024, Santiago Subotovsky, a Director at Zoom Video Communications Inc (ZM, Financial), sold 2,067 shares of the company's stock. The transaction was filed with the SEC and can be found through this SEC Filing.
Zoom Video Communications Inc is a company that provides a video-first communications platform. The platform connects people through video, voice, chat, and content sharing and is used for various applications including meetings, chat, phone, webinars, and online events.
Over the past year, the insider has sold a total of 16,539 shares and has not made any purchases. The recent sale by the insider is part of a trend observed over the past year, where there have been no insider buys and 63 insider sells for Zoom Video Communications Inc.
On the date of the insider's recent sale, shares of Zoom Video Communications Inc were trading at $69.67, resulting in a market cap of $20,362.888 billion.
The stock's price-earnings ratio stands at 91.64, which is above the industry median of 27.325 but below the company's historical median price-earnings ratio.
According to the GuruFocus Value, with a share price of $69.67 and a GF Value of $112.82, Zoom Video Communications Inc has a price-to-GF-Value ratio of 0.62, indicating that the stock is significantly undervalued. The GF Value is calculated based on historical trading multiples, a GuruFocus adjustment factor, and future business performance estimates from Morningstar analysts.
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.
