Cindy Hoots Acquires Shares in Zoom Communications, Inc.
Cindy Hoots purchased 3,012 shares of Zoom Communications, Inc. on June 11, 2026.
Key Points
- Cindy Hoots bought 3,012 shares of Zoom Communications, Inc. on June 11, 2026, with no reported transaction value.
- Zoom Communications' stock is trading at $93.68, with a market cap of $27.47 billion and a P/E ratio of 13.8.
- Analysts maintain a 'buy' rating for Zoom, with a mean price target of $115 and recent insider buying activity.
Cindy Hoots, an insider at Zoom Communications, Inc., purchased 3,012 shares of the company on June 11, 2026. The transaction did not have a reported value, and it was not part of a pre-planned trading program.
Insider Buying and Selling at Zoom Communications, Inc.
Several insiders at Zoom Communications, including Cindy Hoots, bought 3,012 shares each on June 11, 2026. These transactions were not part of any planned trading programs, indicating a personal decision to acquire shares.
Other Institutional Activity in Zoom Communications
BlackRock, Inc. added 453,370 shares to its holdings, now owning 17,777,558 shares valued at approximately $1.43 billion. Vanguard Portfolio Management LLC began a new position with 13,402,043 shares worth about $1.08 billion. Similarly, Vanguard Capital Management LLC added 11,490,856 shares, reaching a total value of $923.75 million. JPMorgan Chase & Co significantly increased its position by 4,254,403 shares, totaling 9,075,320 shares valued at $714.05 million. AQR Capital Management LLC, on the other hand, reduced its stake by 3,833,232 shares, leaving it with 8,362,011 shares worth $662.10 million.
Zoom Communications Stock Snapshot
Shares of NasdaqGS:ZM are trading around $93.68. Zoom Communications has a market capitalization of $27.47 billion, with a P/E ratio of 13.8 and a forward P/E of 14.9. The stock's beta is 0.995, indicating its volatility is close to the market average. Zoom's 52-week range is between $69.15 and $114.74, with a 50-day moving average of $96.19 and a 200-day moving average of $86.97. The company maintains a robust current ratio of 4.22 and a quick ratio of 4.03, with a debt-to-equity ratio of 0.604.
Recent Earnings
In its most recent earnings report, Zoom Communications posted revenue of $4.93 billion, reflecting a growth rate of 5.5%. The company achieved an EPS of $6.79, with a net margin of 41.99% and a return on equity of 21.95%. The next earnings announcement is scheduled for May 21, 2026.
Analysts Set New Price Targets
On June 2, 2026, HSBC maintained its 'buy' rating for Zoom Communications with a price target of $133. Other analysts, including Citigroup and Jefferies, also maintained 'buy' ratings with targets of $126 and $118, respectively. The consensus among 26 analysts is a 'buy' recommendation, with a target mean price of $115.
About Zoom Communications
Zoom Communications, Inc. is a technology company headquartered in San Jose, California. It offers a platform for video communication and collaboration, including products like Zoom Meetings, Zoom Phone, and Zoom Team Chat. The company serves a wide range of industries from education to healthcare and was founded in 2011 by CEO Eric S. Yuan. Zoom is recognized for its innovative approach to connecting people through technology.
Bottom Line
Cindy Hoots' recent purchase of Zoom Communications shares highlights ongoing insider interest in the company. Investors closely watch such transactions for potential insights into company prospects. While the purchase itself may not signal a specific market move, it adds to the broader picture of Zoom's performance and market perception, especially as reflected in the positive analyst ratings and institutional activity.
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.