Zoom Communications (NASDAQ:ZM) Director Santiago Subotovsky Sells 7,911 Shares

Posted by Brian Himes on Aug 7th, 2026

Zoom Communications, Inc. (NASDAQ:ZM – Get Free Report) Director Santiago Subotovsky sold 7,911 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $101.33, for a total transaction of $801,621.63. Following the sale, the director directly owned 127,060 shares of the company’s stock, valued at $12,874,989.80. The trade was a 5.86% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through 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 Wednesday, July 1st, Santiago Subotovsky sold 2,637 shares of Zoom Communications stock. The shares were sold at an average price of $90.15, for a total transaction of $237,725.55.
On Monday, June 1st, Santiago Subotovsky sold 5,274 shares of Zoom Communications stock. The shares were sold at an average price of $109.78, for a total transaction of $578,979.72.

Zoom Communications Price Performance

NASDAQ ZM opened at $101.30 on Friday. The company has a market capitalization of $29.70 billion, a price-to-earnings ratio of 14.88, a price-to-earnings-growth ratio of 5.40 and a beta of 1.00. Zoom Communications, Inc. has a 12 month low of $69.15 and a 12 month high of $114.74. The company’s fifty day moving average price is $92.53 and its two-hundred day moving average price is $89.76.

Zoom Communications (NASDAQ:ZM – Get Free Report) last released its earnings results on Thursday, May 21st. The company reported $1.55 earnings per share for the quarter, topping the consensus estimate of $1.42 by $0.13. Zoom Communications had a net margin of 41.99% and a return on equity of 11.87%. The company had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter in the previous year, the firm earned $1.43 EPS. The company’s revenue was up 5.5% on a year-over-year basis. Zoom Communications has set its FY 2027 guidance at 5.960-6.000 EPS and its Q2 2027 guidance at 1.450-1.470 EPS. As a group, analysts anticipate that Zoom Communications, Inc. will post 4.21 EPS for the current year.

Hedge Funds Weigh In On Zoom Communications

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Allianz Asset Management GmbH lifted its position in Zoom Communications by 15.6% in the fourth quarter. Allianz Asset Management GmbH now owns 2,112,815 shares of the company’s stock worth $182,315,000 after purchasing an additional 285,626 shares during the period. Sherry Group Inc. bought a new position in Zoom Communications during the 4th quarter valued at $894,000. Hsbc Holdings PLC increased its position in shares of Zoom Communications by 43.6% during the 4th quarter. Hsbc Holdings PLC now owns 422,470 shares of the company’s stock valued at $36,460,000 after purchasing an additional 128,174 shares during the period. United Super Pty Ltd in its capacity as Trustee for the Construction & Building Unions Superannuation Fund acquired a new position in shares of Zoom Communications during the 4th quarter valued at $13,312,000. Finally, Geode Capital Management LLC raised its stake in shares of Zoom Communications by 3.1% in the 4th quarter. Geode Capital Management LLC now owns 5,139,583 shares of the company’s stock worth $445,254,000 after buying an additional 152,862 shares in the last quarter. 66.54% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Benchmark boosted their price target on Zoom Communications from $115.00 to $121.00 and gave the company a “buy” rating in a report on Thursday, May 21st. Rosenblatt Securities restated a “buy” rating and set a $130.00 price objective on shares of Zoom Communications in a research note on Thursday, July 23rd. Cantor Fitzgerald lifted their price objective on shares of Zoom Communications from $87.00 to $104.00 and gave the stock a “neutral” rating in a report on Friday, May 22nd. HSBC boosted their target price on shares of Zoom Communications from $107.00 to $133.00 and gave the company a “buy” rating in a research note on Tuesday, June 2nd. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $130.00 target price on shares of Zoom Communications in a report on Tuesday, June 30th. Fifteen research analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the stock. Based on data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and a consensus target price of $109.33.

Check Out Our Latest Report on Zoom Communications

Zoom Communications Company Profile

(Get Free Report)

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.