Zoom Communications, Inc. (NASDAQ:ZM – Get Free Report) Director Santiago Subotovsky sold 717 shares of the business’s stock in a transaction dated Thursday, October 15th. The shares were sold at an average price of $96.63, for a total value of $69,283.71. Following the completion of the transaction, the director directly owned 118,350 shares in the company, valued at $11,436,160.50. This represents a 0.60% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Santiago Subotovsky also recently made the following trade(s):
- 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 value 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 value 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 value of $247,192.38.
- On Tuesday, September 8th, Santiago Subotovsky sold 2,637 shares of Zoom Communications stock. The stock was sold at an average price of $96.63, for a total value of $254,813.31.
- On Tuesday, August 4th, Santiago Subotovsky sold 7,911 shares of Zoom Communications stock. The shares were sold at an average price of $101.33, for a total value of $801,621.63.
Zoom Communications Stock Down 0.4%
ZM traded down $0.43 during trading on Friday, hitting $95.77. The company’s stock had a trading volume of 3,039,273 shares, compared to its average volume of 2,694,071. The firm has a market capitalization of $27.94 billion, a P/E ratio of 26.50, a PEG ratio of 4.27 and a beta of 1.03. Zoom Communications, Inc. has a twelve month low of $70.70 and a twelve month high of $114.74. The stock’s fifty day moving average price is $96.29 and its 200-day moving average price is $95.10.
Zoom Communications (NASDAQ:ZM – Get Free Report) last announced its quarterly earnings data on Tuesday, August 25th. The company reported $1.55 EPS for the quarter, topping the consensus estimate of $1.48 by $0.07. The company had revenue of $1.28 billion during the quarter, compared to the consensus estimate 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% on a year-over-year basis. During the same quarter last year, the firm posted $1.53 EPS. 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. Equities research analysts expect that Zoom Communications, Inc. will post 4.27 EPS for the current fiscal year.
Analyst Ratings Changes
ZM has been the topic of several research analyst reports. BTIG Research reissued a “buy” rating and set a $125.00 target price on shares of Zoom Communications in a research note on Wednesday. Weiss Ratings upgraded shares of Zoom Communications from a “buy (b-)” rating to a “buy (b)” rating in a report on Thursday, October 8th. Cantor Fitzgerald reiterated a “neutral” rating and set a $104.00 price objective on shares of Zoom Communications in a report on Wednesday. Citizens Jmp reissued a “market perform” rating on shares of Zoom Communications in a research report on Wednesday, August 26th. Finally, KeyCorp restated a “sector weight” rating on shares of Zoom Communications in a research note on Wednesday, August 26th. Sixteen equities research analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company’s stock. Based on data from MarketBeat, Zoom Communications presently has an average rating of “Moderate Buy” and an average target price of $114.48.
Check Out Our Latest Analysis on ZM
Hedge Funds Weigh In On Zoom Communications
Large investors have recently modified their holdings of the company. Pacer Advisors Inc. grew its position in Zoom Communications by 10.8% in the 1st quarter. Pacer Advisors Inc. now owns 2,595,840 shares of the company’s stock valued at $208,680,000 after purchasing an additional 253,181 shares during the period. Dimensional Fund Advisors LP raised its holdings in Zoom Communications by 4.2% during the first quarter. Dimensional Fund Advisors LP now owns 2,352,126 shares of the company’s stock worth $189,051,000 after buying an additional 94,043 shares during the last quarter. Bank of America Corp DE raised its holdings in Zoom Communications by 50.5% during the first quarter. Bank of America Corp DE now owns 1,767,728 shares of the company’s stock worth $142,108,000 after buying an additional 592,899 shares during the last quarter. Bank of New York Mellon Corp lifted its stake in shares of Zoom Communications by 44.5% in the first quarter. Bank of New York Mellon Corp now owns 1,411,745 shares of the company’s stock valued at $113,490,000 after buying an additional 434,981 shares in the last quarter. Finally, First Trust Advisors LP lifted its stake in shares of Zoom Communications by 2.8% in the first quarter. First Trust Advisors LP now owns 1,362,501 shares of the company’s stock valued at $109,531,000 after buying an additional 36,657 shares in the last quarter. 66.54% of the stock is currently owned by institutional investors.
Key Stories Impacting Zoom Communications
Here are the key news stories impacting Zoom Communications this week:
- Positive Sentiment: Analyst support remains broad: Oppenheimer upgraded Zoom, while BTIG Research and RBC initiated or reiterated bullish ratings. Rosenblatt maintained a Buy rating, and Needham reaffirmed its Buy rating with a $130 price target, implying substantial upside from recent levels. Oppenheimer upgrades Zoom BTIG gives Zoom a Buy rating Rosenblatt maintains Buy rating RBC gives Zoom an Outperform rating
- Positive Sentiment: Zoomtopia highlighted a deeper AI push: Zoom introduced a unified context layer and additional AI tools designed to convert meeting discussions into completed work across Zoom Workplace, customer experience, developer tools, and events. The announcements support management’s effort to reaccelerate growth and improve the platform’s strategic value. Zoom AI strategy announcement
- Neutral Sentiment: Valuation arguments are mixed: Some analysis estimates ZM is undervalued following the AI announcements, while comparisons with other software stocks question whether it is currently the better value opportunity. Wells Fargo maintained a Hold rating, and Cantor Fitzgerald reiterated Neutral, limiting the overall bullish signal. Wells Fargo maintains Hold rating
- Negative Sentiment: Near-term sentiment has been pressured: Zoom’s stock recently declined more sharply than the broader market. Commentary also cautions that the shares may trade at a discount after the AI push if investors remain uncertain about monetization, execution, or the pace of revenue growth. Zoom stock valuation after AI push
About Zoom Communications
Zoom Communications, Inc (NASDAQ: ZM) is a communications technology company that provides cloud-based collaboration and customer engagement solutions. Founded in 2011 and headquartered in San Jose, California, the company is best known for Zoom Meetings, its videoconferencing platform for online meetings, webinars and virtual events.
The company’s product portfolio also includes Zoom Phone, a cloud-based business phone service; Zoom Team Chat; Zoom Rooms for hybrid meeting spaces; Zoom Whiteboard; and Zoom Contact Center.
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