Zoom’s pres. Velchamy sells $628k in shares

Sankarlingam Velchamy, President of Engineering & Product at Zoom Communications Inc (NASDAQ:ZM), sold 7,660 shares of Class A Common Stock on October 10, 2025, for approximately $628,120. The sales were executed in two tranches, with prices ranging from $81.7905 to $82.7277 per share.

According to a Form 4 filing with the Securities and Exchange Commission, the sales were executed under a pre-arranged Rule 10b5-1 trading plan adopted on January 14, 2025.

On October 9, 2025, Velchamy also exercised options to acquire 20,751 shares of Class A Common Stock with a transaction value of $0. Additionally, 10,538 shares were withheld by the issuer to cover tax obligations related to the vesting of restricted stock units, valued at $841,459. For comprehensive insider trading analysis and detailed financial metrics, access Zoom’s Pro Research Report, available exclusively on InvestingPro.

In other recent news, Zoom Communications, Inc. has announced a strategic partnership with Oracle, enabling Zoom’s customer experience platform to operate on Oracle Cloud Infrastructure. This collaboration has led Oracle to integrate Zoom Contact Center into its global customer service operations, enhancing its service workflows. Meanwhile, RBC Capital has reiterated an Outperform rating for Zoom Video, maintaining a price target of $100, highlighting the company’s consistent financial objectives. Benchmark has raised its price target for Zoom Video to $110 from $102, citing the introduction of AI Companion 3.0 at the Zoomtopia event as a key factor.

Mizuho also reiterated an Outperform rating with a $100 price target, focusing on Zoom’s stabilization of its core business and product diversification efforts. Additionally, Cantor Fitzgerald maintained its Neutral rating with an $87 price target, acknowledging Zoom’s expanding monetization profile and growth in newer products like Phone and Contact Center. These recent developments reflect ongoing strategic and financial evaluations by various analyst firms.

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