Santiago Subotovsky Sells 2,475 Shares of Zoom Communications (NASDAQ:ZM) Stock

Zoom Communications, Inc. (NASDAQ:ZM) Director Santiago Subotovsky sold 2,475 shares of the company’s stock in a transaction that occurred on Thursday, February 5th. The stock was sold at an average price of $90.39, for a total value of $223,715.25. Following the transaction, the director directly owned 155,917 shares of the company’s stock, valued at approximately $14,093,337.63. This trade represents a 1.56% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Santiago Subotovsky also recently made the following trade(s):

• On Monday, January 5th, Santiago Subotovsky sold 2,475 shares of Zoom Communications stock. The stock was sold at an average price of $86.01, for a total transaction of $212,874.75.
• On Thursday, December 4th, Santiago Subotovsky sold 2,475 shares of Zoom Communications stock. The stock was sold at an average price of $86.05, for a total transaction of $212,973.75.

Zoom Communications Trading Down 0.4%

Zoom Communications stock opened at $94.99 on Wednesday. Zoom Communications, Inc. has a 1-year low of $64.41 and a 1-year high of $97.58. The company has a fifty day simple moving average of $87.78 and a 200 day simple moving average of $83.19. The company has a market cap of $28.13 billion, a P/E ratio of 18.48, a price-to-earnings-growth ratio of 8.54 and a beta of 0.90.

Zoom Communications (NASDAQ:ZM) last posted its quarterly earnings data on Monday, November 24th. The company reported $1.52 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $0.08. The company had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.21 billion. Zoom Communications had a net margin of 33.17% and a return on equity of 12.20%. The company’s quarterly revenue was up 4.4% on a year-over-year basis. During the same period in the prior year, the business posted $1.38 EPS. Zoom Communications has set its FY 2026 guidance at 5.950-5.970 EPS and its Q4 2026 guidance at 1.480-1.490 EPS. On average, equities research analysts forecast that Zoom Communications, Inc. will post 2.93 EPS for the current year.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on the company. Zacks Research upgraded Zoom Communications from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 31st. Sanford C. Bernstein restated a “market perform” rating and issued a $90.00 price objective on shares of Zoom Communications in a research note on Tuesday, November 25th. UBS Group initiated coverage on Zoom Communications in a research report on Monday, October 20th. They issued a “neutral” rating and a $85.00 price objective for the company. BTIG Research started coverage on Zoom Communications in a report on Tuesday, December 16th. They set a “buy” rating and a $105.00 target price on the stock. Finally, Rosenblatt Securities restated a “buy” rating and issued a $115.00 price target on shares of Zoom Communications in a research note on Tuesday, November 25th. One investment analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $94.74.

Institutional Investors Weigh In On Zoom Communications

A number of institutional investors and hedge funds have recently made changes to their positions in ZM. Elevation Point Wealth Partners LLC bought a new stake in Zoom Communications during the 2nd quarter worth approximately $27,000. Toth Financial Advisory Corp purchased a new position in shares of Zoom Communications during the fourth quarter valued at approximately $28,000. FNY Investment Advisers LLC bought a new stake in Zoom Communications during the second quarter worth $31,000. Root Financial Partners LLC purchased a new stake in Zoom Communications in the 3rd quarter valued at $33,000. Finally, Sound Income Strategies LLC lifted its stake in Zoom Communications by 94.8% during the 4th quarter. Sound Income Strategies LLC now owns 411 shares of the company’s stock valued at $33,000 after acquiring an additional 200 shares in the last quarter. Institutional investors and hedge funds own 66.54% of the company’s stock.

Zoom Communications Company Profile

Zoom Video Communications, Inc (commonly referred to as Zoom) is a provider of cloud-based communications and collaboration solutions. The company’s platform supports video conferencing, voice calling, instant messaging, webinars and large-scale virtual events, and meeting room systems, marketed to businesses, educational institutions, government organizations and individual users. Zoom’s product lineup includes Zoom Meetings, Zoom Phone, Zoom Rooms, Zoom Video Webinars and Zoom Chat, and the company offers integrations and extensions through a developer marketplace and third-party apps.

Founded in 2011 by Eric S.