Zoom director Subotovsky sells $206k in stock

Zoom Communications (NASDAQ:ZM), the video communications giant with a market capitalization of $25.7 billion and impressive gross profit margins of 76%, saw director Santiago Subotovsky sell a total of 2,475 shares of Class A Common Stock on September 5, 2025. According to InvestingPro analysis, the company maintains a "GREAT" financial health score. The sales were executed in two separate transactions, with prices ranging from $83.3493 to $83.8567, resulting in a total value of approximately $206,424.

The first transaction involved the sale of 2,209 shares at a weighted average price of $83.3493, with individual sales prices ranging from $82.68 to $83.655. The second transaction involved the sale of 266 shares at a weighted average price of $83.8567, with individual sales prices ranging from $83.695 to $84.18.

Following these transactions, Subotovsky directly owns 155,119 shares of Zoom Communications. In addition, Subotovsky indirectly owns 1,470 shares through the Subotovsky Mann Family Trust, where he serves as a trustee.

The sales were conducted under a pre-arranged Rule 10b5-1 trading plan adopted on December 19, 2024.

In other recent news, Zoom Video Communications reported strong fiscal second-quarter results, marking its highest revenue growth in 11 quarters with a 4.7% year-over-year increase, reaching $1.22 billion. The company’s pro forma earnings per share exceeded market expectations at $1.53, fueled by increased enterprise demand and growth in AI and Contact Center services. In response to these results, Rosenblatt raised its price target for Zoom to $110, maintaining a Buy rating, while Mizuho increased its target to $100, citing the company’s accelerating growth.

Meanwhile, Piper Sandler maintained a Neutral rating with an $85 price target, noting the company’s robust performance in the Commercial segment and a conservative fiscal year 2026 guidance. Bernstein also reiterated a Market Perform rating with an $89 price target after Zoom’s largest earnings beat in two years. On the other hand, KeyBanc lowered its price target to $69, maintaining an Underweight rating, despite recognizing positive developments in the Enterprise and Online segments. These varied analyst perspectives reflect mixed signals about Zoom’s future outlook, influenced by its recent performance and strategic developments.

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