Zoom Communications (NASDAQ:ZM) Director Santiago Subotovsky Sells 2,475 Shares

Zoom Communications, Inc. (NASDAQ:ZM) Director Santiago Subotovsky sold 2,475 shares of the stock in a transaction dated Monday, January 5th. The shares were sold at an average price of $86.01, for a total value of $212,874.75. Following the sale, the director owned 145,219 shares of the company’s stock, valued at $12,490,286.19. This represents a 1.68% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link.

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

• 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 value of $212,973.75.
• On Tuesday, November 4th, Santiago Subotovsky sold 2,475 shares of Zoom Communications stock. The stock was sold at an average price of $84.15, for a total transaction of $208,271.25.

Zoom Communications Stock Performance

NASDAQ:ZM traded up $0.87 during midday trading on Wednesday, reaching $86.63. 3,073,921 shares of the stock traded hands, compared to its average volume of 3,037,723. The stock has a market capitalization of $25.65 billion, a P/E ratio of 16.85, a PEG ratio of 7.77 and a beta of 0.87. The company has a fifty day moving average of $85.40 and a 200 day moving average of $81.10. Zoom Communications, Inc. has a 12 month low of $64.41 and a 12 month high of $91.43.

Zoom Communications (NASDAQ:ZM) last issued its quarterly earnings data on Monday, November 24th. The company reported $1.52 EPS for the quarter, beating the consensus estimate of $1.44 by $0.08. The firm had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.21 billion. Zoom Communications had a net margin of 33.17% and a return on equity of 12.20%. The company’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same period in the prior year, the firm posted $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, analysts predict that Zoom Communications, Inc. will post 2.93 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts recently commented on ZM shares. Needham & Company LLC restated a “buy” rating and set a $100.00 target price on shares of Zoom Communications in a report on Tuesday, November 25th. Morgan Stanley raised their target price on shares of Zoom Communications from $85.00 to $92.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 25th. Rosenblatt Securities reissued a “buy” rating and issued a $115.00 price target on shares of Zoom Communications in a research note on Tuesday, November 25th. William Blair reaffirmed an “outperform” rating on shares of Zoom Communications in a research report on Tuesday, September 30th. Finally, Stifel Nicolaus upped their price target on Zoom Communications from $80.00 to $90.00 and gave the stock a “hold” rating in a research note on Thursday, September 18th. One research analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, thirteen have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Hold” and an average target price of $93.27.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of ZM. Elevation Point Wealth Partners LLC bought a new position in Zoom Communications in the second quarter worth approximately $27,000. REAP Financial Group LLC grew its holdings in Zoom Communications by 181.7% during the second quarter. REAP Financial Group LLC now owns 355 shares of the company’s stock valued at $28,000 after purchasing an additional 229 shares during the period. FNY Investment Advisers LLC purchased a new stake in Zoom Communications in the second quarter worth about $31,000. Root Financial Partners LLC bought a new position in shares of Zoom Communications in the third quarter worth about $33,000. Finally, Quent Capital LLC bought a new position in shares of Zoom Communications during the 3rd quarter valued at approximately $34,000. 66.54% of the stock is owned by hedge funds and other institutional investors.

Zoom Communications Company Profile

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.