Zoom Communications (NASDAQ:ZM) Stock: Insider Santiago Subotovsky Sells 2,637 Shares

Zoom Communications, Inc. (NASDAQ:ZM) Director Santiago Subotovsky sold 2,637 shares of the business’s stock in a transaction that occurred on Thursday, November 5th. The stock was sold at an average price of $89.56, for a total transaction of $236,169.72. Following the sale, the director directly owned 113,875 shares of the company’s stock, valued at approximately $10,198,645. This trade represents a 2.26% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• On Wednesday, October 28th, Santiago Subotovsky sold 1,442 shares of Zoom Communications stock. The shares were sold at an average price of $100.14, for a total transaction of $144,401.88.
• On Thursday, October 15th, Santiago Subotovsky sold 717 shares of Zoom Communications stock. The shares were sold at an average price of $96.63, for a total transaction of $69,283.71.
• On Thursday, October 22nd, Santiago Subotovsky sold 20 shares of Zoom Communications stock. The stock was sold at an average price of $100.43, for a total transaction of $2,008.60.
• On Wednesday, October 21st, Santiago Subotovsky sold 3,812 shares of Zoom Communications stock. The stock was sold at an average price of $100.56, for a total transaction of $383,334.72.
• On Monday, October 5th, Santiago Subotovsky sold 2,637 shares of Zoom Communications stock. The shares were sold at an average price of $93.74, for a total transaction of $247,192.38.
• On Tuesday, September 8th, Santiago Subotovsky sold 2,637 shares of Zoom Communications stock. The shares were sold at an average price of $96.63, for a total transaction of $254,813.31.

Zoom Communications Stock Down 0.9%

ZM stock opened at $90.91 on Wednesday. The business’s fifty day moving average is $94.25 and its 200-day moving average is $92.21. The company has a market cap of $26.53 billion, a P/E ratio of 25.26, a price-to-earnings-growth ratio of 4.17 and a beta of 1.02. Zoom Communications, Inc. has a twelve month low of $70.70 and a twelve month high of $114.74.

Zoom Communications (NASDAQ:ZM) last posted its quarterly earnings results on Tuesday, August 25th. The company reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.48 by $0.07. Zoom Communications had a return on equity of 10.86% and a net margin of 65.19%. The business had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.27 billion. During the same period last year, the company earned $1.53 EPS. The firm’s revenue was up 4.9% on a year-over-year basis. Zoom Communications has set its FY 2027 guidance at 6.080-6.120 EPS and its Q3 2027 guidance at 1.460-1.480 EPS. Research analysts anticipate that Zoom Communications, Inc. will post 4.16 earnings per share for the current fiscal year.

Zoom Communications News Roundup

Here are the key news stories impacting Zoom Communications this week:

• Positive Sentiment: Zoom launched AI Launchpad, offering eligible startups up to $150,000 in credits for its speech, language and voice AI services, with no equity stake required. The program may encourage developers to build on Zoom’s AI tools, though any revenue benefit is uncertain and likely not immediate. Zoom AI Launchpad announcement
• Neutral Sentiment: A report described a significant increase in short interest but gave the total as zero shares and the short-interest ratio as zero days. Those figures indicate no reported short position, making the headline’s characterization inconsistent and providing no clear trading signal.
• Negative Sentiment: Director Santiago Subotovsky sold 2,637 shares for about $236,000. The sale reduced his holdings by 2.26%, but it was made under a pre-arranged Rule 10b5-1 plan, which makes it a less direct signal about his view of Zoom’s prospects. Director stock sale report

Institutional Trading of Zoom Communications

A number of large investors have recently made changes to their positions in the company. Tidal Investments LLC raised its position in shares of Zoom Communications by 251.2% during the second quarter. Tidal Investments LLC now owns 123,450 shares of the company’s stock worth $10,655,000 after purchasing an additional 88,303 shares during the period. Bull Harbor Capital LLC bought a new position in shares of Zoom Communications during the 1st quarter valued at about $939,000. First Heartland Consultants Inc. bought a new position in shares of Zoom Communications during the 3rd quarter valued at about $1,870,000. Engineers Gate Manager LP lifted its holdings in shares of Zoom Communications by 153.0% during the 2nd quarter. Engineers Gate Manager LP now owns 57,286 shares of the company’s stock valued at $4,944,000 after purchasing an additional 34,646 shares in the last quarter. Finally, Edgestream Partners L.P. acquired a new position in shares of Zoom Communications in the 1st quarter valued at approximately $2,689,000. Institutional investors own 66.54% of the company’s stock.

Analysts Set New Price Targets

Several equities analysts have recently issued reports on the company. Yorkville Ives began coverage on Zoom Communications in a research report on Tuesday, October 6th. They set an “outperform” rating and a $120.00 target price for the company. Morgan Stanley upped their price target on Zoom Communications from $105.00 to $107.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 26th. Cantor Fitzgerald reiterated a “neutral” rating and issued a $104.00 price target on shares of Zoom Communications in a research report on Wednesday, October 21st. Jefferies Financial Group reduced their price objective on shares of Zoom Communications from $118.00 to $116.00 and set a “buy” rating on the stock in a research note on Wednesday, August 26th. Finally, Needham & Company LLC reissued a “buy” rating and set a $130.00 price objective on shares of Zoom Communications in a research note on Thursday, October 22nd. Sixteen investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company. According to MarketBeat.com, Zoom Communications currently has a consensus rating of “Moderate Buy” and a consensus price target of $114.48.

About Zoom Communications

Zoom Communications provides cloud-based collaboration and communications software for businesses, organizations and individual users. Its products include Zoom Meetings for video conferencing, Zoom Team Chat, Zoom Phone, Zoom Rooms and tools for webinars and online events. The company also offers Zoom Contact Center and other services designed to support customer interactions and workplace collaboration. Founded in 2011 by Eric Yuan, Zoom became widely known for its video-conferencing service. The company, formerly known as Zoom Video Communications, adopted the name Zoom Communications in 2024 as it expanded its offerings beyond video meetings.