Zoom Video Communications, Inc. (NASDAQ:ZM) recovered 27.21% of its value since hitting low of $59.94. The recent move of -3.19% drop pushed the stock to close at $76.25 when trading ended on 5/24/2019. At a recent session, the prices were hovering between $74.2 and $81.25. This company shares are -4.03% up from its target price of $73.18 and the current market capitalization stands at $20.19B. The recent change has given its price a 1.75% lead over SMA 50 and -16.63% deficit over its 52-week high. The stock witnessed 17.31% gains, 0% declines and 0% declines for the 1-month, 3-month and 6-month period, respectively. To measure price-variation, we found ZM’s volatility during a week at 7.1% and during a month it has been found around 7.52%.

Zoom Video Communications, Inc. (NASDAQ:ZM) Insider Trades

Multiple company employees have indulged in significant insider trading. Zoom Video Communications, Inc. disclosed in a document filed with the US Securities and Exchange Commission (SEC) that 10% Owner Emergence Capital Partners III has sold 912,026 shares of Zoom Video Communications, Inc. (ZM) in the trading session dated Apr. 23, 2019. These shares are worth $31,191,289 and were traded at $34.2 each. The SEC filing shows that Subotovsky Santiago performed a sale of 912,026 shares. The Director disposed these shares by way of transaction on Apr. 23, 2019. The company’s shares were given away at $34.2 per share worth to an income of some $31,191,289 to the account of Subotovsky Santiago.

10% Owner, QUALCOMM INC/DE, sold 848,877 common shares of Zoom Video Communications, Inc. (ZM) in the open market. In a transaction dated Apr. 23, 2019, the shares were put up for sale at an average price of $34.2, raking in a sum of $29,031,593. After this sale, common shares of ZM are directly owned by the insider, with total stake valued at $.

In the transaction dated Apr. 23, 2019, a great number of shares sold came courtesy the 10% Owner; Yuan Bin disposed a total of 999,999 shares at an average price of $36, amounting to approximately $35,999,964. The insider now directly owns 4,940,001 shares worth $376,675,076.

Zoom Video Communications, Inc. (ZM) Analyst Guide

Several analysts have released their opinion on Zoom Video Communications, Inc. (NASDAQ:ZM), with 3 analysts believing it is a strong buy. Whereas 10 of them predict the stock is a hold. Also, there are 2 buy, 1 sell and 0 strong sell ratings, collectively assigning a 2.56 average brokerage recommendation [T1].