Zoom Communications (NASDAQ:ZM) Director Sells $208,271.25 in Stock

Zoom Communications, Inc. (NASDAQ:ZM) Director Santiago Subotovsky sold 2,475 shares of Zoom Communications stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $84.15, for a total transaction of $208,271.25. Following the completion of the transaction, the director directly owned 150,169 shares of the company’s stock, valued at $12,636,721.35. The trade was a 1.62% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

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

• On Monday, October 6th, Santiago Subotovsky sold 2,475 shares of Zoom Communications stock. The shares were sold at an average price of $80.78, for a total value of $199,930.50.
• On Friday, September 5th, Santiago Subotovsky sold 2,475 shares of Zoom Communications stock. The shares were sold at an average price of $83.40, for a total value of $206,415.00.
• On Tuesday, August 26th, Santiago Subotovsky sold 2,475 shares of Zoom Communications stock. The stock was sold at an average price of $79.65, for a total value of $197,133.75.

Zoom Communications Trading Down 0.6%

Shares of ZM opened at $81.69 on Friday. The firm has a market cap of $24.72 billion, a P/E ratio of 21.55, a PEG ratio of 11.15 and a beta of 0.79. Zoom Communications, Inc. has a 12 month low of $64.41 and a 12 month high of $92.80. The stock’s 50 day moving average is $83.00 and its two-hundred day moving average is $79.28.

Zoom Communications (NASDAQ:ZM) last announced its earnings results on Thursday, August 21st. The company reported $0.99 earnings per share for the quarter, missing the consensus estimate of $1.38 by ($0.39). Zoom Communications had a return on equity of 11.91% and a net margin of 24.99%.The business had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.20 billion. During the same period in the previous year, the company earned $1.39 earnings per share. The company’s quarterly revenue was up 4.7% compared to the same quarter last year. Zoom Communications has set its FY 2026 guidance at 5.810-5.840 EPS. Q3 2026 guidance at 1.420-1.44 EPS. Equities research analysts forecast that Zoom Communications, Inc. will post 2.93 EPS for the current year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the stock. Vanguard Group Inc. lifted its position in Zoom Communications by 4.0% during the third quarter. Vanguard Group Inc. now owns 25,937,601 shares of the company’s stock worth $2,139,852,000 after buying an additional 986,164 shares in the last quarter. State Street Corp increased its stake in shares of Zoom Communications by 6.0% in the 2nd quarter. State Street Corp now owns 7,189,501 shares of the company’s stock worth $560,637,000 after acquiring an additional 410,051 shares during the last quarter. Norges Bank acquired a new stake in shares of Zoom Communications in the 2nd quarter worth $539,998,000. T. Rowe Price Investment Management Inc. raised its holdings in shares of Zoom Communications by 0.6% during the 1st quarter. T. Rowe Price Investment Management Inc. now owns 6,421,733 shares of the company’s stock worth $473,732,000 after acquiring an additional 36,210 shares during the period. Finally, Geode Capital Management LLC boosted its position in shares of Zoom Communications by 0.5% during the 2nd quarter. Geode Capital Management LLC now owns 4,795,307 shares of the company’s stock valued at $373,504,000 after acquiring an additional 23,910 shares during the last quarter. 66.54% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

ZM has been the subject of a number of research reports. Morgan Stanley began coverage on shares of Zoom Communications in a research note on Tuesday, October 21st. They set an “equal weight” rating and a $85.00 target price for the company. KeyCorp cut their price objective on Zoom Communications from $73.00 to $69.00 and set an “underweight” rating for the company in a research note on Friday, August 22nd. Wedbush reissued an “outperform” rating and set a $95.00 target price on shares of Zoom Communications in a report on Friday, August 22nd. Weiss Ratings reaffirmed a “hold (c+)” rating on shares of Zoom Communications in a research note on Tuesday, October 14th. Finally, Wells Fargo & Company assumed coverage on Zoom Communications in a research report on Tuesday, September 30th. They set an “equal weight” rating and a $90.00 price target for the company. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, fifteen have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Zoom Communications has an average rating of “Hold” and an average target price of $91.74.

About Zoom Communications

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.