Zoom Communications (NASDAQ:ZM) Director Sells $212,874.75 in Stock

Zoom Communications, Inc. (NASDAQ:ZM) Director Santiago Subotovsky sold 2,475 shares of the stock in a transaction dated Monday, January 5th. The stock was 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 position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

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

• On Thursday, December 4th, Santiago Subotovsky sold 2,475 shares of Zoom Communications stock. The stock was sold at an average price of $86.05, for a total transaction of $212,973.75.
• 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 transaction of $208,271.25.

Zoom Communications Price Performance

Shares of 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 company’s 50 day moving average is $85.40 and its 200 day moving average is $81.10. Zoom Communications, Inc. has a one year low of $64.41 and a one year high of $91.43. The stock has a market capitalization of $25.65 billion, a PE ratio of 16.85, a P/E/G ratio of 7.77 and a beta of 0.87.

Zoom Communications (NASDAQ:ZM) last released 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 business had revenue of $1.23 billion during 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%. Zoom Communications’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter last year, the business 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. As a group, equities analysts forecast that Zoom Communications, Inc. will post 2.93 EPS for the current year.

Institutional Investors Weigh In On Zoom Communications

Several large investors have recently modified their holdings of the business. Wynn Capital LLC increased its holdings in Zoom Communications by 1.3% during the third quarter. Wynn Capital LLC now owns 10,429 shares of the company’s stock valued at $860,000 after buying an additional 130 shares during the period. Wedmont Private Capital boosted its position in Zoom Communications by 4.1% during the 2nd quarter. Wedmont Private Capital now owns 3,499 shares of the company’s stock valued at $271,000 after acquiring an additional 137 shares in the last quarter. MAI Capital Management increased its holdings in shares of Zoom Communications by 34.7% in the 3rd quarter. MAI Capital Management now owns 579 shares of the company’s stock valued at $48,000 after acquiring an additional 149 shares during the period. Penserra Capital Management LLC raised its position in shares of Zoom Communications by 12.6% in the 2nd quarter. Penserra Capital Management LLC now owns 1,446 shares of the company’s stock worth $111,000 after acquiring an additional 162 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB lifted its stake in shares of Zoom Communications by 44.4% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 556 shares of the company’s stock worth $43,000 after purchasing an additional 171 shares during the last quarter. Institutional investors own 66.54% of the company’s stock.

Wall Street Analyst Weigh In

ZM has been the topic of several analyst reports. Piper Sandler boosted their target price on Zoom Communications from $85.00 to $91.00 and gave the company a “neutral” rating in a research report on Monday. Sanford C. Bernstein reaffirmed a “market perform” rating and set a $90.00 price objective on shares of Zoom Communications in a research note on Tuesday, November 25th. Wedbush reissued an “outperform” rating and issued a $95.00 target price on shares of Zoom Communications in a research note on Tuesday, November 25th. JPMorgan Chase & Co. upped their price target on shares of Zoom Communications from $85.00 to $90.00 and gave the company a “neutral” rating in a report on Tuesday, November 25th. Finally, UBS Group started coverage on shares of Zoom Communications in a research note on Monday, October 20th. They issued a “neutral” rating and a $85.00 price objective for the company. One research analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of $93.27.

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.