Zoom Communications (NASDAQ:ZM) Director Sells $223,715.25 in Stock

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

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

Zoom Communications Trading Down 3.0%

Shares of ZM stock opened at $92.15 on Thursday. The firm has a fifty day simple moving average of $87.91 and a two-hundred day simple moving average of $83.25. Zoom Communications, Inc. has a 12 month low of $64.41 and a 12 month high of $97.58. The firm has a market capitalization of $27.29 billion, a PE ratio of 17.93, a price-to-earnings-growth ratio of 8.51 and a beta of 0.90.

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 firm had revenue of $1.23 billion for 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%. The business’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same period last year, the firm earned $1.38 earnings per share. 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 analysts predict that Zoom Communications, Inc. will post 2.93 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Zoom Communications

Large investors have recently added to or reduced their stakes in the company. Elevation Point Wealth Partners LLC purchased a new stake in Zoom Communications during the second quarter valued at about $27,000. Toth Financial Advisory Corp purchased a new stake in shares of Zoom Communications during the 4th quarter valued at approximately $28,000. FNY Investment Advisers LLC bought a new position in Zoom Communications in the 2nd quarter worth approximately $31,000. Root Financial Partners LLC bought a new position in Zoom Communications in the 3rd quarter worth approximately $33,000. Finally, Sound Income Strategies LLC grew its stake in Zoom Communications by 94.8% in the 4th quarter. Sound Income Strategies LLC now owns 411 shares of the company’s stock valued at $33,000 after buying an additional 200 shares in the last quarter. Hedge funds and other institutional investors own 66.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms recently commented on ZM. Wedbush reissued an “outperform” rating and issued a $95.00 price target on shares of Zoom Communications in a research report on Tuesday, November 25th. Zacks Research upgraded shares of Zoom Communications from a “hold” rating to a “strong-buy” rating in a report on Wednesday, December 31st. Wall Street Zen lowered shares of Zoom Communications from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 15th. Piper Sandler upped their price objective on shares of Zoom Communications from $85.00 to $91.00 and gave the stock a “neutral” rating in a research report on Monday, January 5th. Finally, Cantor Fitzgerald reissued a “neutral” rating and set a $87.00 target price on shares of Zoom Communications in a research report 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. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average target price of $94.74.

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.