Zoom Communications (NASDAQ:ZM) Director Santiago Subotovsky Sells 2,637 Shares of Company Stock

Posted by George Bondi on Nov 10th, 2026

Zoom Communications, Inc. (NASDAQ:ZM – Get Free Report) Director Santiago Subotovsky sold 2,637 shares of the firm’s stock in a transaction on Thursday, November 5th. The stock was sold at an average price of $89.56, for a total value of $236,169.72. Following the completion of the transaction, the director directly owned 113,875 shares of the company’s stock, valued at approximately $10,198,645. This trade represents a 2.26% 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. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

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

On Wednesday, October 28th, Santiago Subotovsky sold 1,442 shares of Zoom Communications stock. The shares were sold at an average price of $100.14, for a total transaction of $144,401.88.
On Thursday, October 15th, Santiago Subotovsky sold 717 shares of Zoom Communications stock. The shares were sold at an average price of $96.63, for a total transaction of $69,283.71.
On Thursday, October 22nd, Santiago Subotovsky sold 20 shares of Zoom Communications stock. The shares were sold at an average price of $100.43, for a total transaction of $2,008.60.
On Wednesday, October 21st, Santiago Subotovsky sold 3,812 shares of Zoom Communications stock. The stock was sold at an average price of $100.56, for a total transaction of $383,334.72.
On Monday, October 5th, Santiago Subotovsky sold 2,637 shares of Zoom Communications stock. The stock was sold at an average price of $93.74, for a total transaction of $247,192.38.
On Tuesday, September 8th, Santiago Subotovsky sold 2,637 shares of Zoom Communications stock. The shares were sold at an average price of $96.63, for a total transaction of $254,813.31.

Zoom Communications Stock Performance

Shares of Zoom Communications stock opened at $91.71 on Tuesday. The firm has a market cap of $26.76 billion, a P/E ratio of 25.30, a price-to-earnings-growth ratio of 4.10 and a beta of 1.02. The firm’s 50-day simple moving average is $94.37 and its 200-day simple moving average is $92.18. Zoom Communications, Inc. has a twelve month low of $70.70 and a twelve month high of $114.74.

Zoom Communications (NASDAQ:ZM – Get Free Report) last posted its quarterly earnings results on Tuesday, August 25th. The company reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.48 by $0.07. The firm had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.27 billion. Zoom Communications had a net margin of 65.19% and a return on equity of 10.86%. The company’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same quarter 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. On average, equities analysts forecast that Zoom Communications, Inc. will post 4.24 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several research firms recently commented on ZM. Citizens Jmp restated a “market perform” rating on shares of Zoom Communications in a research report on Wednesday, August 26th. Rosenblatt Securities reaffirmed a “buy” rating and issued a $130.00 price target on shares of Zoom Communications in a research note on Wednesday, October 21st. UBS Group lowered their price target on Zoom Communications from $115.00 to $112.00 and set a “neutral” rating on the stock in a research report on Wednesday, October 21st. Jefferies Financial Group dropped their price objective on Zoom Communications from $118.00 to $116.00 and set a “buy” rating for the company in a research note on Wednesday, August 26th. Finally, Cantor Fitzgerald reiterated a “neutral” rating and set a $104.00 price objective on shares of Zoom Communications in a research note on Wednesday, October 21st. Sixteen investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the company’s stock. Based on data from MarketBeat, Zoom Communications presently has an average rating of “Moderate Buy” and a consensus price target of $114.48.

Check Out Our Latest Stock Report on ZM

Institutional Inflows and Outflows

Several large investors have recently bought and sold shares of ZM. Intech Investment Management LLC boosted its stake in shares of Zoom Communications by 179.9% in the 3rd quarter. Intech Investment Management LLC now owns 93,036 shares of the company’s stock valued at $8,445,000 after purchasing an additional 59,792 shares during the last quarter. Phoenix Financial Ltd. increased its position in shares of Zoom Communications by 3.0% in the 3rd quarter. Phoenix Financial Ltd. now owns 31,738 shares of the company’s stock valued at $2,885,000 after buying an additional 926 shares in the last quarter. Danske Bank A S raised its position in shares of Zoom Communications by 43.1% during the third quarter. Danske Bank A S now owns 204,133 shares of the company’s stock worth $18,529,000 after purchasing an additional 61,456 shares during the period. Aberdeen Group plc raised its holdings in Zoom Communications by 192.0% during the 3rd quarter. Aberdeen Group plc now owns 936,891 shares of the company’s stock worth $85,042,000 after buying an additional 616,036 shares during the period. Finally, Allworth Financial LP lifted its position in Zoom Communications by 2.4% in the 3rd quarter. Allworth Financial LP now owns 15,675 shares of the company’s stock valued at $1,353,000 after acquiring an additional 365 shares in the last quarter. Institutional investors and hedge funds own 66.54% of the company’s stock.

Zoom Communications Company Profile

(Get Free Report)

Zoom Communications provides cloud-based collaboration and communications software for businesses, organizations and individual users. Its products include Zoom Meetings for video conferencing, Zoom Team Chat, Zoom Phone, Zoom Rooms and tools for webinars and online events. The company also offers Zoom Contact Center and other services designed to support customer interactions and workplace collaboration.

Founded in 2011 by Eric Yuan, Zoom became widely known for its video-conferencing service.