Zoom Communications (NASDAQ:ZM) Insider Velchamy Sankarlingam Sells 2,590 Shares of Stock

Posted by George Bondi on Sep 12th, 2026

Zoom Communications, Inc. (NASDAQ:ZM – Get Free Report) insider Velchamy Sankarlingam sold 2,590 shares of the firm’s stock in a transaction on Thursday, September 10th. The shares were sold at an average price of $95.81, for a total transaction of $248,147.90. Following the transaction, the insider directly owned 149,265 shares of the company’s stock, valued at $14,301,079.65. The trade was a 1.71% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards.

Velchamy Sankarlingam also recently made the following trade(s):

On Wednesday, July 15th, Velchamy Sankarlingam sold 7,644 shares of Zoom Communications stock. The stock was sold at an average price of $91.98, for a total transaction of $703,095.12.

Zoom Communications Stock Up 0.1%

Shares of Zoom Communications stock opened at $95.57 on Friday. Zoom Communications, Inc. has a twelve month low of $70.70 and a twelve month high of $114.74. The stock has a market cap of $27.89 billion, a price-to-earnings ratio of 8.85, a P/E/G ratio of 4.42 and a beta of 1.04. The company’s fifty day moving average is $96.84 and its 200 day moving average is $91.80.

Zoom Communications (NASDAQ:ZM – Get Free Report) last posted its quarterly earnings data on Tuesday, August 25th. The company reported $1.55 earnings per share for the quarter, beating analysts’ consensus estimates of $1.48 by $0.07. The business had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.27 billion. Zoom Communications had a return on equity of 10.86% and a net margin of 65.19%.Zoom Communications’s quarterly revenue was up 4.9% on a year-over-year basis. During the same period in the prior year, the business 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. As a group, equities analysts anticipate that Zoom Communications, Inc. will post 4.26 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

A number of equities analysts recently commented on ZM shares. HSBC lifted their price objective on Zoom Communications from $107.00 to $133.00 and gave the stock a “buy” rating in a research note on Tuesday, June 2nd. Weiss Ratings raised shares of Zoom Communications from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, August 27th. Morgan Stanley raised their price target on shares of Zoom Communications from $105.00 to $107.00 and gave the stock an “equal weight” rating in a report on Wednesday, August 26th. Sanford C. Bernstein restated a “market perform” rating and issued a $108.00 price target on shares of Zoom Communications in a research report on Wednesday, August 26th. Finally, Robert W. Baird upped their price objective on shares of Zoom Communications from $95.00 to $105.00 and gave the company an “outperform” rating in a research note on Tuesday, May 19th. Sixteen analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Zoom Communications has a consensus rating of “Moderate Buy” and a consensus price target of $112.55.

Get Our Latest Research Report on ZM

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the business. Advocate Investing Services LLC bought a new stake in Zoom Communications in the fourth quarter worth approximately $26,000. Strive Financial Group LLC bought a new position in shares of Zoom Communications during the 4th quarter worth approximately $27,000. Thurston Springer Miller Herd & Titak Inc. boosted its holdings in shares of Zoom Communications by 133.3% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 350 shares of the company’s stock worth $30,000 after buying an additional 200 shares in the last quarter. Rexford Capital Inc. grew its position in shares of Zoom Communications by 45.7% during the 1st quarter. Rexford Capital Inc. now owns 389 shares of the company’s stock worth $31,000 after buying an additional 122 shares during the period. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA grew its position in shares of Zoom Communications by 83.3% during the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 440 shares of the company’s stock worth $38,000 after buying an additional 200 shares during the period. 66.54% of the stock is owned by institutional investors and hedge funds.

About Zoom Communications

(Get Free Report)

Zoom Communications, Inc (NASDAQ: ZM) is a communications technology company that provides cloud-based tools for video meetings, collaboration and business communications. The company was founded in 2011 by Eric Yuan and is headquartered in San Jose, California. It was previously known as Zoom Video Communications before adopting the Zoom Communications name.

Its product portfolio includes Zoom Meetings for video conferencing, Zoom Phone for cloud-based business telephony, Zoom Team Chat for workplace messaging, and Zoom Rooms for conference-room collaboration.