Zoom Communications (ZM) Director Subotovsky Sells $69K of Stock

Zoom Communications, Inc. (NASDAQ:ZM) director Santiago Subotovsky sold 717 shares on October 15, 2026, according to a Form 4 filing with the SEC. The transaction was carried out under a pre-arranged Rule 10b5-1 trading plan.

ZM Zoom Communications, Inc.

$96.37 ▲ +15.66% year to date

1M 3M YTD

Daily close · Oct 23, 2026

Inside Santiago Subotovsky's Zoom Communications Trade

Subotovsky sold the shares at an average price of $96.63, bringing the total value of the sale to $69,281.85. Following the transaction, the director holds zero shares, a 100% reduction in their direct stake. On the day of the trade, Zoom Communications closed at $98.51.

Other Institutional Activity in Zoom Communications

Large funds continue to adjust their positions in the software company. AQR Capital Management, LLC reduced its holdings by 1,832,207 shares, ending the quarter ended June 30, 2026, with 6,530,217 shares worth about $625,398,860. Meanwhile, Acadian Asset Management LLC grew its holdings by 65,373 shares, ending with 4,003,535 shares worth about $383,418,533.

Zoom Communications, Inc. Stock Down 3.7%

Zoom shares recently traded around $95.73 as of October 23, 2026, sitting about 2.8% below their event-day close and roughly 1.0% below the 50-day moving average of $96.67. The stock remains roughly 4.3% above its 200-day moving average of $91.75 and stands 35.4% higher than its 52-week low of $70.70. Shares are down 16.6% from the 52-week high of $114.74 and trade below the analyst mean price target. The company has a market capitalization of roughly $28.07 billion and a P/E ratio of 8.92.

Recent Earnings

Zoom reported trailing-twelve-month revenue of $4.99 billion and basic earnings of $10.78 per share. The company posted a net profit margin of 65.2% alongside a return on equity of 32.1% and a year-over-year revenue growth rate of 4.9%. The next quarterly earnings report is scheduled for November 24, 2026.

Insider Buying and Selling at Zoom Communications, Inc.

Insider activity has included both open-market transactions and planned sales. Earlier in the year, executives such as President of Engineering & Product Velchamy Sankarlingam and Chief Financial Officer Michelle Chang executed planned sales in October 2026. Other board members completed share acquisitions earlier in June 2026.

Analysts Set New Price Targets

Wall Street firms have issued several updates following recent reports, with multiple analysts maintaining buy or outperform ratings and price targets ranging from $79.00 to $130.00. The stock carries a consensus buy recommendation from 26 analysts.

About Zoom Communications

Zoom Communications provides an artificial intelligence-first open work platform that facilitates video meetings, phone calls, team chat, and collaborative tools for businesses and individuals around the world. The company helps connect remote and hybrid teams through cloud-based communications software.

Bottom Line

Investors will watch for the company's upcoming earnings release on November 24, 2026, to gauge ongoing revenue growth and platform adoption. Additional SEC filings will show whether other board members or executives adjust their holdings ahead of the report.