Santiago Subotovsky Sells 5,274 Shares of Zoom Communications (NASDAQ:ZM) Stock

07 May 2026, 05:21 by Jessica Moore · The Cerbat Gem

Zoom Communications, Inc. (NASDAQ:ZM – Get Free Report) Director Santiago Subotovsky sold 5,274 shares of Zoom Communications stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $106.58, for a total value of $562,102.92. Following the sale, the director directly owned 142,882 shares of the company’s stock, valued at $15,228,363.56. This trade represents a 3.56% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at 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 Friday, May 1st, Santiago Subotovsky sold 2,643 shares of Zoom Communications stock. The stock was sold at an average price of $102.85, for a total transaction of $271,832.55.
On Thursday, April 16th, Santiago Subotovsky sold 2,388 shares of Zoom Communications stock. The stock was sold at an average price of $87.32, for a total transaction of $208,520.16.
On Thursday, April 16th, Santiago Subotovsky sold 2,643 shares of Zoom Communications stock. The shares were sold at an average price of $87.32, for a total transaction of $230,786.76.
On Wednesday, March 4th, Santiago Subotovsky sold 2,475 shares of Zoom Communications stock. The shares were sold at an average price of $77.42, for a total transaction of $191,614.50.
On Thursday, February 5th, Santiago Subotovsky sold 2,475 shares of Zoom Communications stock. The shares were sold at an average price of $90.39, for a total transaction of $223,715.25.

Zoom Communications Price Performance

NASDAQ:ZM opened at $105.13 on Thursday. The company’s fifty day moving average price is $82.82 and its 200-day moving average price is $85.17. Zoom Communications, Inc. has a 1-year low of $69.15 and a 1-year high of $109.50. The firm has a market capitalization of $30.98 billion, a P/E ratio of 16.96, a PEG ratio of 6.24 and a beta of 1.00.

Zoom Communications (NASDAQ:ZM – Get Free Report) last posted its earnings results on Wednesday, February 25th. The company reported $1.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.04). The business had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.23 billion. Zoom Communications had a net margin of 39.03% and a return on equity of 11.88%. The company’s revenue for the quarter was up 5.3% on a year-over-year basis. During the same quarter in the prior year, the firm earned $1.41 earnings per share. Zoom Communications has set its FY 2027 guidance at 5.770-5.810 EPS and its Q1 2027 guidance at 1.400-1.420 EPS. Equities analysts anticipate that Zoom Communications, Inc. will post 3.94 EPS for the current fiscal year.

Hedge Funds Weigh In On Zoom Communications

Institutional investors and hedge funds have recently modified their holdings of the business. Advocate Investing Services LLC acquired a new stake in Zoom Communications in the fourth quarter valued at approximately $26,000. Strive Financial Group LLC acquired a new position in shares of Zoom Communications during the 4th quarter worth approximately $27,000. Toth Financial Advisory Corp acquired a new position in shares of Zoom Communications during the 4th quarter worth approximately $28,000. Rexford Capital Inc. lifted 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 valued at $31,000 after buying an additional 122 shares in the last quarter. Finally, Root Financial Partners LLC purchased a new position in shares of Zoom Communications during the 3rd quarter valued at approximately $33,000. Hedge funds and other institutional investors own 66.54% of the company’s stock.

Wall Street Analyst Weigh In

Several analysts recently commented on the company. Benchmark dropped their target price on Zoom Communications from $115.00 to $110.00 and set a “buy” rating on the stock in a report on Tuesday, February 24th. Rosenblatt Securities reissued a “buy” rating and issued a $115.00 price target on shares of Zoom Communications in a report on Thursday, February 26th. Wall Street Zen lowered Zoom Communications from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. Zacks Research cut shares of Zoom Communications from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 13th. Finally, BTIG Research cut their target price on shares of Zoom Communications from $105.00 to $100.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Fourteen equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $95.32.

Check Out Our Latest Report on ZM

Key Stories Impacting Zoom Communications

Here are the key news stories impacting Zoom Communications this week:

Positive Sentiment: New product leadership — Zoom named Russell Dicker as Chief Product Officer, a hire that signals focus on product roadmap and AI integration that could support longer‑term growth. Zoom Appoints Russell Dicker as Chief Product Officer
Positive Sentiment: Product/market expansion — Zoom launched a “Solopreneur 50” grants program and research aimed at AI‑enabled solo businesses, highlighting management’s push to diversify revenue beyond meetings. Zoom Grants Solopreneurs With $150,000 Cash Grants
Positive Sentiment: Technical momentum — ZM cleared a cup‑with‑handle breakout and received an IBD rating upgrade, which can attract momentum and retail buyers. Zoom Stock Soars After Cup With Handle Breakout; Rating Upgraded
Positive Sentiment: Enterprise transition thesis — industry commentary and investor notes point to Zoom moving into larger enterprise deals, which could raise revenue quality and margins if execution continues. Zoom: The Transition To Large Enterprise
Neutral Sentiment: Valuation debate — analyses argue ZM may be reasonably valued around ~18x earnings for some investors, but views differ; valuation alone is not an immediate catalyst. Does Zoom Look Undervalued At 18x Earnings?
Negative Sentiment: Insider selling — CEO Eric Yuan and director Santiago Subotovsky disclosed sales (executed under 10b5‑1 plans), which can create short‑term selling pressure even if pre‑arranged. Insider Sale SEC Filing
Negative Sentiment: Sector headwinds — commentary about rotation away from high‑beta cloud/software names amid rate and geopolitical uncertainty is a persistent multiple‑compression risk for ZM. Josh Brown now has just one software name in his ‘best stocks’ list

About Zoom Communications

(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.