Zoom Communications (NASDAQ:ZM) Director Santiago Subotovsky Sells 3,812 Shares of Stock

Zoom Communications, Inc. (NASDAQ:ZM) Director Santiago Subotovsky sold 3,812 shares of the business’s stock in a transaction on Wednesday, October 21st. The shares were sold at an average price of $100.56, for a total transaction of $383,334.72. Following the sale, the director owned 117,974 shares of the company’s stock, valued at approximately $11,863,465.44. This represents a 3.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

• 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 value 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 value of $2,008.60.
• On Monday, October 5th, Santiago Subotovsky sold 2,637 shares of Zoom Communications stock. The stock was sold at an average price of $93.74, for a total value of $247,192.38.
• On Tuesday, September 8th, Santiago Subotovsky sold 2,637 shares of Zoom Communications stock. The stock was sold at an average price of $96.63, for a total value of $254,813.31.
• On Tuesday, August 4th, Santiago Subotovsky sold 7,911 shares of Zoom Communications stock. The shares were sold at an average price of $101.33, for a total value of $801,621.63.

Zoom Communications Stock Performance

ZM stock opened at $95.77 on Friday. Zoom Communications, Inc. has a fifty-two week low of $70.70 and a fifty-two week high of $114.74. The business’s 50-day moving average is $96.29 and its two-hundred day moving average is $95.10. The company has a market cap of $27.94 billion, a price-to-earnings ratio of 8.87, a P/E/G ratio of 4.27 and a beta of 1.03.

Zoom Communications (NASDAQ:ZM) last announced its 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. The business had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.27 billion. Zoom Communications had a return on equity of 10.86% and a net margin of 65.19%. The business’s revenue for the quarter was up 4.9% on a year-over-year basis. During the same period last year, the firm posted $1.53 earnings per share. 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. Equities analysts predict that Zoom Communications, Inc. will post 4.27 earnings per share for the current year.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in the stock. Atreides Management LP purchased a new position in shares of Zoom Communications during the 1st quarter valued at about $105,761,000. Rubric Capital Management LP purchased a new stake in Zoom Communications in the 1st quarter worth approximately $80,471,000. Bank of America Corp DE increased its holdings in Zoom Communications by 50.5% in the 1st quarter. Bank of America Corp DE now owns 1,767,728 shares of the company’s stock worth $142,108,000 after acquiring an additional 592,899 shares in the last quarter. BlueCrest Capital Management Ltd bought a new stake in Zoom Communications during the 2nd quarter worth approximately $43,925,000. Finally, KBC Group NV raised its stake in Zoom Communications by 69.1% during the 1st quarter. KBC Group NV now owns 1,193,027 shares of the company’s stock worth $95,907,000 after acquiring an additional 487,384 shares during the period. Institutional investors own 66.54% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities analysts recently issued reports on the stock. Royal Bank Of Canada reissued an “outperform” rating and issued a $130.00 price objective on shares of Zoom Communications in a report on Wednesday. Rosenblatt Securities reaffirmed a “buy” rating and set a $130.00 target price on shares of Zoom Communications in a report on Wednesday. Oppenheimer upgraded shares of Zoom Communications from a “market perform” rating to an “outperform” rating and set a $130.00 price target on the stock in a research report on Wednesday. Bank of America initiated coverage on shares of Zoom Communications in a research note on Wednesday, August 19th. They set a “buy” rating and a $130.00 price target on the stock. Finally, UBS Group dropped their price target on shares of Zoom Communications from $115.00 to $112.00 and set a “neutral” rating on the stock in a research note on Wednesday. Sixteen research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $114.48.

Key Headlines Impacting Zoom Communications

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

• Positive Sentiment: Analyst support remains broad: Oppenheimer upgraded Zoom, while BTIG Research and RBC initiated or reiterated bullish ratings. Rosenblatt maintained a Buy rating, and Needham reaffirmed its Buy rating with a $130 price target, implying substantial upside from recent levels. Oppenheimer upgrades Zoom BTIG gives Zoom a Buy rating Rosenblatt maintains Buy rating RBC gives Zoom an Outperform rating
• Positive Sentiment: Zoomtopia highlighted a deeper AI push: Zoom introduced a unified context layer and additional AI tools designed to convert meeting discussions into completed work across Zoom Workplace, customer experience, developer tools, and events. The announcements support management’s effort to reaccelerate growth and improve the platform’s strategic value. Zoom AI strategy announcement
• Neutral Sentiment: Valuation arguments are mixed: Some analysis estimates ZM is undervalued following the AI announcements, while comparisons with other software stocks question whether it is currently the better value opportunity. Wells Fargo maintained a Hold rating, and Cantor Fitzgerald reiterated Neutral, limiting the overall bullish signal. Wells Fargo maintains Hold rating
• Negative Sentiment: Near-term sentiment has been pressured: Zoom’s stock recently declined more sharply than the broader market. Commentary also cautions that the shares may trade at a discount after the AI push if investors remain uncertain about monetization, execution, or the pace of revenue growth. Zoom stock valuation after AI push

About Zoom Communications

Zoom Communications, Inc (NASDAQ: ZM) is a communications technology company that provides cloud-based collaboration and customer engagement solutions. Founded in 2011 and headquartered in San Jose, California, the company is best known for Zoom Meetings, its videoconferencing platform for online meetings, webinars and virtual events.

The company’s product portfolio also includes Zoom Phone, a cloud-based business phone service; Zoom Team Chat; Zoom Rooms for hybrid meeting spaces; Zoom Whiteboard; and Zoom Contact Center.