Insider Selling: Zoom Communications (NASDAQ:ZM) Director Sells $212,874.75 in Stock

Zoom Communications, Inc. (NASDAQ:ZM) Director Santiago Subotovsky sold 2,475 shares of the firm’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $86.01, for a total value of $212,874.75. Following the transaction, the director directly owned 145,219 shares of the company’s stock, valued at approximately $12,490,286.19. This trade represents a 1.68% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• 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 value of $212,973.75.
• On Tuesday, November 4th, Santiago Subotovsky sold 2,475 shares of Zoom Communications stock. The stock was sold at an average price of $84.15, for a total value of $208,271.25.

Zoom Communications Price Performance

ZM opened at $85.18 on Friday. The firm has a market cap of $25.22 billion, a PE ratio of 16.57, a P/E/G ratio of 7.69 and a beta of 0.87. The stock has a 50-day moving average price of $85.45 and a 200-day moving average price of $81.23. Zoom Communications, Inc. has a 1 year low of $64.41 and a 1 year high of $91.43.

Zoom Communications (NASDAQ:ZM) last released its quarterly earnings data on Monday, November 24th. The company reported $1.52 earnings per share for the quarter, beating analysts’ consensus estimates of $1.44 by $0.08. The business had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.21 billion. Zoom Communications had a net margin of 33.17% and a return on equity of 12.20%. Zoom Communications’s revenue was up 4.4% compared to the same quarter last year. During the same period last year, the business earned $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. As a group, sell-side analysts anticipate that Zoom Communications, Inc. will post 2.93 EPS for the current year.

Hedge Funds Weigh In On Zoom Communications

A number of hedge funds have recently made changes to their positions in the business. Wynn Capital LLC lifted its holdings in shares of Zoom Communications by 1.3% in the third quarter. Wynn Capital LLC now owns 10,429 shares of the company’s stock worth $860,000 after buying an additional 130 shares in the last quarter. Wedmont Private Capital increased its holdings in Zoom Communications by 4.1% in the 2nd quarter. Wedmont Private Capital now owns 3,499 shares of the company’s stock valued at $271,000 after acquiring an additional 137 shares during the last quarter. MAI Capital Management lifted its stake in Zoom Communications by 34.7% in the 3rd quarter. MAI Capital Management now owns 579 shares of the company’s stock worth $48,000 after purchasing an additional 149 shares in the last quarter. Penserra Capital Management LLC boosted its holdings in shares of Zoom Communications by 12.6% during the 2nd quarter. Penserra Capital Management LLC now owns 1,446 shares of the company’s stock valued at $111,000 after purchasing an additional 162 shares during the last quarter. Finally, MassMutual Private Wealth & Trust FSB grew its position in shares of Zoom Communications by 44.4% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 556 shares of the company’s stock valued at $43,000 after purchasing an additional 171 shares in the last quarter. Institutional investors own 66.54% of the company’s stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on ZM. Royal Bank Of Canada reiterated an “outperform” rating and set a $100.00 target price on shares of Zoom Communications in a research note on Tuesday, November 25th. Sanford C. Bernstein reissued a “market perform” rating and issued a $90.00 target price on shares of Zoom Communications in a research report on Tuesday, November 25th. Citigroup upped their target price on shares of Zoom Communications from $85.00 to $94.00 and gave the company a “neutral” rating in a research note on Monday, November 17th. Benchmark lifted their price target on shares of Zoom Communications from $102.00 to $110.00 and gave the stock a “buy” rating in a research note on Thursday, September 18th. Finally, JMP Securities restated a “market perform” rating on shares of Zoom Communications in a research report on Thursday, September 18th. One investment analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average target price of $93.27.

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.