Zoom Communications (ZM) Insider Velchamy Sells $759K of Stock

Sankarlingam Velchamy, President of Engineering & Product at Zoom Communications, Inc. (NasdaqGS: ZM), sold 7,645 shares on October 12, 2026. This planned sale brought in approximately $758,874.81 at an average price of $99.26 per share.

Inside Sankarlingam Velchamy's Trade

Velchamy's recent transaction reflects a continuation of his engagement with Zoom's stock, following a pattern of insider buying earlier this year. This sale is part of a planned transaction, which means it was arranged in advance rather than a reaction to market conditions.

Other Institutional Activity in Zoom Communications

In recent filings, Blackrock Inc. grew its holdings in Zoom by 239,993 shares, bringing its total to about 18.0 million shares valued at approximately $1.7 billion. Conversely, Vanguard Portfolio Management LLC reduced its stake by 293,495 shares, ending with about 13.1 million shares worth around $1.2 billion. Additionally, NORGES BANK increased its position with 2.1 million shares now valued at about $750.7 million.

Zoom Communications, Inc. Stock Down 0.7%

As of October 16, 2026, Zoom shares were recently traded around $93.81, which is about 3.8% below its 50-day moving average of $97.49. The stock is also 18.2% below its 52-week high of $114.74, but it remains 32.7% above its 52-week low of $70.70. Analysts have set a mean price target of $118.24, indicating potential upside from current levels.

Recent Earnings

For the trailing twelve months, Zoom reported revenue of approximately $4.99 billion, with an earnings per share (EPS) of $10.78. The company has a net margin of 65.2% and a return on equity (ROE) of 32.1%. The next earnings report is scheduled for November 24, 2026.

Insider Buying and Selling at Zoom Communications, Inc.

Earlier, on June 11, 2026, multiple insiders, including William Mcdermott, Jonathan Chadwick, Michael Fenger, and Santiago Subotovsky, each bought 3,012 shares. This activity came before Velchamy's recent sale, highlighting a mix of insider sentiment around the stock.

Analysts Set New Price Targets

On August 26, 2026, several firms maintained their ratings on Zoom. Morgan Stanley kept an Equal-Weight rating with a target of $107, while Jefferies maintained a Buy rating with a target of $116. RBC Capital reiterated its Outperform rating with a consistent target of $130. The consensus among 25 analysts is a Buy rating with a mean price target of $118.24.

About Zoom Communications

Zoom Communications, Inc. specializes in providing an AI-first open work platform that enables human connections across various regions, including the Americas and Europe. The company has grown significantly, reflected in its robust earnings and strong insider activity.

Bottom Line

Investors should watch for the upcoming earnings report on November 24, 2026, for insights into Zoom's performance and market position. Velchamy's planned sale adds to the narrative of insider trading at Zoom, which has seen both buying and selling activity among its executives.