Zoom Communications, Inc. (NASDAQ:ZM – Get Free Report) Director Santiago Subotovsky sold 2,643 shares of the business’s stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $102.85, for a total value of $271,832.55. Following the transaction, the director directly owned 148,156 shares of the company’s stock, valued at $15,237,844.60. This represents a 1.75% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Santiago Subotovsky also recently made the following trade(s):
- On Monday, May 4th, Santiago Subotovsky sold 5,274 shares of Zoom Communications stock. The stock was sold at an average price of $106.58, for a total value of $562,102.92.
- On Thursday, April 16th, Santiago Subotovsky sold 2,388 shares of Zoom Communications stock. The stock was sold at an average price of $87.32, for a total value of $208,520.16.
- On Thursday, April 16th, Santiago Subotovsky sold 2,643 shares of Zoom Communications stock. The stock was sold at an average price of $87.32, for a total value of $230,786.76.
- On Wednesday, March 4th, Santiago Subotovsky sold 2,475 shares of Zoom Communications stock. The stock was sold at an average price of $77.42, for a total value of $191,614.50.
- On Thursday, February 5th, Santiago Subotovsky sold 2,475 shares of Zoom Communications stock. The stock was sold at an average price of $90.39, for a total value of $223,715.25.
Zoom Communications Stock Performance
NASDAQ ZM opened at $109.10 on Wednesday. Zoom Communications, Inc. has a twelve month low of $69.15 and a twelve month high of $109.50. The stock has a market capitalization of $32.15 billion, a PE ratio of 17.60, a P/E/G ratio of 6.10 and a beta of 1.00. The stock has a 50-day simple moving average of $82.44 and a 200 day simple moving average of $84.99.
Analyst Upgrades and Downgrades
Several equities analysts have commented on ZM shares. Wolfe Research raised Zoom Communications from a “peer perform” rating to an “outperform” rating and set a $115.00 price target for the company in a report on Thursday, February 5th. Wall Street Zen cut Zoom Communications from a “buy” rating to a “hold” rating in a report on Saturday, March 7th. Benchmark dropped their target price on Zoom Communications from $115.00 to $110.00 and set a “buy” rating for the company in a report on Tuesday, February 24th. Zacks Research cut Zoom Communications from a “strong-buy” rating to a “hold” rating in a report on Friday, February 13th. Finally, Citizens Jmp reissued a “market perform” rating on shares of Zoom Communications in a report on Tuesday, February 24th. Fourteen investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Zoom Communications has a consensus rating of “Hold” and a consensus price target of $95.32.
Check Out Our Latest Stock Analysis on ZM
Hedge Funds Weigh In On Zoom Communications
Hedge funds have recently modified their holdings of the stock. Mitsubishi UFJ Asset Management Co. Ltd. grew its position in Zoom Communications by 10.5% during the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 238,753 shares of the company’s stock worth $19,697,000 after acquiring an additional 22,704 shares during the last quarter. Strive Asset Management LLC bought a new stake in Zoom Communications during the 3rd quarter worth approximately $1,238,000. LSV Asset Management grew its position in Zoom Communications by 5.0% during the 3rd quarter. LSV Asset Management now owns 1,069,440 shares of the company’s stock worth $88,229,000 after acquiring an additional 50,579 shares during the last quarter. Krilogy Financial LLC bought a new stake in Zoom Communications during the 3rd quarter worth approximately $1,963,000. Finally, Boston Common Asset Management LLC bought a new stake in Zoom Communications during the 4th quarter worth approximately $2,163,000. 66.54% of the stock is owned by institutional investors and hedge funds.
Trending Headlines about Zoom Communications
Here are the key news stories impacting Zoom Communications this week:
- Positive Sentiment: Zoom named Russell Dicker as Chief Product Officer, strengthening product leadership and signaling execution focus on roadmap and AI-driven offerings. Zoom Appoints Russell Dicker as Chief Product Officer
- Positive Sentiment: Technical momentum: ZM cleared a cup‑with‑handle breakout and IBD upgraded its Relative Strength score into the 80s, which can attract momentum and retail/technical buyers. Zoom Stock Soars After Cup With Handle Breakout; Rating Upgraded
- Positive Sentiment: Product/market positioning: Zoom launched the “Solopreneur 50” program and released research on AI‑powered solo businesses — a signal management is targeting new addressable markets (AI-enabled SMB/creator workflows). This supports longer-term revenue diversification beyond meetings. Zoom Solopreneur 50
- Positive Sentiment: Investor research suggests Zoom is transitioning from SMB to larger enterprise deals, which could support higher-quality revenue and margin stability if execution continues. Zoom: The Transition To Large Enterprise
- Neutral Sentiment: Relative valuation and peer comparisons: Several outlets published side‑by‑side analyses (Five9 vs Zoom) for value investors — useful for allocation decisions but not an immediate catalyst. FIVN or ZM: Which Is the Better Value Stock Right Now?
- Neutral Sentiment: Analyst/idea lists: Coverage noting Zoom as a beaten‑down tech name that could rebound may support medium‑term interest but represents opinion rather than fresh fundamental proof. 3 Beaten-Down Tech Stocks That Could Soar
- Negative Sentiment: Sector/headwind risk: Prominent market voices and commentary note a rotation out of high‑beta cloud/software names amid rate and geopolitical uncertainty — a persistent headwind that can cap multiple expansion for ZM. Josh Brown now has just one software name in his ‘best stocks’ list
About Zoom Communications
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.
Further Reading
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