Insider Selling: Zoom Communications (NASDAQ:ZM) Director Sells 2,475 Shares of Stock

Key Points

• Insider sale: Director Santiago Subotovsky sold 2,475 ZM shares on Dec. 4 at an average price of $86.05 for roughly $212,974, leaving him with 147,694 shares (a 1.65% ownership decrease).
• Subotovsky has executed the same 2,475-share sale in Oct. and Nov. as well, totaling 7,425 shares sold across three months, indicating a pattern of ongoing insider selling.
• Zoom recently beat quarterly EPS and revenue estimates (EPS $1.52 vs. $1.44; revenue $1.23B vs. $1.21B), provided FY2026 guidance of ~5.95–5.97 EPS, and trades near $89 with an average analyst price target of $92.43 and a MarketBeat consensus of "Hold."

Zoom Communications, Inc. (NASDAQ:ZM - Get Free Report) Director Santiago Subotovsky sold 2,475 shares of the business's stock in a transaction that occurred on Thursday, December 4th. The stock was sold at an average price of $86.05, for a total transaction of $212,973.75. Following the completion of the transaction, the director owned 147,694 shares of the company's stock, valued at approximately $12,709,068.70. The trade was a 1.65% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

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

• On Tuesday, November 4th, Santiago Subotovsky sold 2,475 shares of Zoom Communications stock. The shares were sold at an average price of $84.15, for a total value of $208,271.25.
• On Monday, October 6th, Santiago Subotovsky sold 2,475 shares of Zoom Communications stock. The stock was sold at an average price of $80.78, for a total value of $199,930.50.

Zoom Communications Stock Performance

Shares of NASDAQ:ZM traded up $1.44 during midday trading on Monday, reaching $89.09. 2,960,599 shares of the company's stock traded hands, compared to its average volume of 2,851,600. The company has a market cap of $26.38 billion, a price-to-earnings ratio of 17.33, a P/E/G ratio of 7.94 and a beta of 0.81. Zoom Communications, Inc. has a one year low of $64.41 and a one year high of $91.04. The stock has a 50 day moving average of $82.77 and a 200 day moving average of $79.81.

Zoom Communications (NASDAQ:ZM - Get Free Report) last released its quarterly earnings data on Monday, November 24th. The company reported $1.52 EPS for the quarter, topping the consensus estimate 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 return on equity of 12.20% and a net margin of 33.17%.Zoom Communications's revenue for the quarter was up 4.4% on a year-over-year basis. During the same period last year, the company 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. Sell-side analysts predict that Zoom Communications, Inc. will post 2.93 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have recently weighed in on ZM. Royal Bank Of Canada reissued an "outperform" rating and set a $100.00 price objective on shares of Zoom Communications in a report on Tuesday, November 25th. UBS Group initiated coverage on shares of Zoom Communications in a research note on Monday, October 20th. They set a "neutral" rating and a $85.00 target price for the company. Wall Street Zen downgraded Zoom Communications from a "strong-buy" rating to a "buy" rating in a research note on Saturday, November 15th. Citigroup lifted their price objective on Zoom Communications from $85.00 to $94.00 and gave the stock a "neutral" rating in a report on Monday, November 17th. Finally, KeyCorp lowered their target price on Zoom Communications from $73.00 to $69.00 and set an "underweight" rating on the stock in a report on Friday, August 22nd. Eleven equities research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Hold" and an average price target of $92.43.

Institutional Investors Weigh In On Zoom Communications

A number of large investors have recently made changes to their positions in the stock. Wynn Capital LLC lifted its position in Zoom Communications by 1.3% during the 3rd quarter. Wynn Capital LLC now owns 10,429 shares of the company's stock worth $860,000 after acquiring an additional 130 shares during the period. Wedmont Private Capital increased its holdings in shares of Zoom Communications by 4.1% in the second quarter. Wedmont Private Capital now owns 3,499 shares of the company's stock valued at $271,000 after purchasing an additional 137 shares during the period. Smartleaf Asset Management LLC raised its stake in shares of Zoom Communications by 6.7% in the first quarter. Smartleaf Asset Management LLC now owns 2,293 shares of the company's stock worth $172,000 after purchasing an additional 143 shares during the last quarter. MAI Capital Management raised its stake in shares of Zoom Communications by 34.7% in the third quarter. MAI Capital Management now owns 579 shares of the company's stock worth $48,000 after purchasing an additional 149 shares during the last quarter. Finally, Penserra Capital Management LLC lifted its holdings in shares of Zoom Communications by 12.6% during the second quarter. Penserra Capital Management LLC now owns 1,446 shares of the company's stock worth $111,000 after purchasing an additional 162 shares during the period. 66.54% of the stock is owned by hedge funds and other institutional investors.

Zoom Communications Company Profile

Zoom Video Communications, Inc provides unified communications platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company offers Zoom Meetings that offers HD video, voice, chat, and content sharing through mobile devices, desktops, laptops, telephones, and conference room systems; Zoom Phone, an enterprise cloud phone system; and Zoom Chat enables users to share messages, images, audio files, and content in desktop, laptop, tablet, and mobile devices.

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