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 business’s stock in a transaction dated Thursday, February 5th. The stock was sold at an average price of $90.39, for a total transaction of $223,715.25. Following the completion of the sale, the director owned 155,917 shares in the company, valued at approximately $14,093,337.63. This trade represents a 1.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

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 stock was sold at an average price of $86.05, for a total value of $212,973.75.

Zoom Communications Stock Up 3.5%

Shares of ZM stock traded up $3.19 during trading hours on Monday, reaching $95.39. 3,777,525 shares of the stock traded hands, compared to its average volume of 3,725,957. Zoom Communications, Inc. has a 1-year low of $64.41 and a 1-year high of $97.58. The business has a fifty day moving average price of $87.37 and a 200 day moving average price of $82.91. The firm has a market capitalization of $28.25 billion, a PE ratio of 18.56, a PEG ratio of 8.26 and a beta of 0.90.

Zoom Communications (NASDAQ:ZM) last announced its quarterly earnings data on Monday, November 24th. The company reported $1.52 earnings per share (EPS) for the quarter, topping 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 return on equity of 12.20% and a net margin of 33.17%.The business’s revenue for the quarter was up 4.4% on a year-over-year basis. During the same period in the prior year, the business earned $1.38 EPS. 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. Research analysts expect that Zoom Communications, Inc. will post 2.93 earnings per share for the current fiscal year.

Institutional Trading of Zoom Communications

Several institutional investors have recently modified their holdings of ZM. Geode Capital Management LLC lifted its position in Zoom Communications by 3.1% in the fourth quarter. Geode Capital Management LLC now owns 5,139,583 shares of the company’s stock worth $445,254,000 after purchasing an additional 152,862 shares during the period. Steel Grove Capital Advisors LLC acquired a new position in shares of Zoom Communications in the 4th quarter valued at $208,000. Kestra Investment Management LLC lifted its holdings in shares of Zoom Communications by 4.5% during the 4th quarter. Kestra Investment Management LLC now owns 9,534 shares of the company’s stock worth $823,000 after acquiring an additional 409 shares during the period. Allstate Corp boosted its position in shares of Zoom Communications by 122.3% during the 4th quarter. Allstate Corp now owns 20,566 shares of the company’s stock valued at $1,775,000 after acquiring an additional 11,313 shares in the last quarter. Finally, Fisher Asset Management LLC bought a new stake in Zoom Communications in the fourth quarter valued at about $235,000. Institutional investors and hedge funds own 66.54% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on ZM shares. Sanford C. Bernstein restated a “market perform” rating and issued a $90.00 price objective on shares of Zoom Communications in a research note on Tuesday, November 25th. Citigroup raised Zoom Communications from a “neutral” rating to a “buy” rating and raised their price target for the company from $94.00 to $106.00 in a research report on Monday, January 12th. Jefferies Financial Group lifted their price objective on Zoom Communications from $100.00 to $105.00 and gave the stock a “buy” rating in a research note on Tuesday, November 25th. Wolfe Research upgraded Zoom Communications from a “peer perform” rating to an “outperform” rating and set a $115.00 target price for the company in a research note on Thursday. Finally, Wall Street Zen lowered Zoom Communications from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 15th. One analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, twelve have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $94.74.

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.