Santiago Subotovsky Buys Shares of Zoom Communications
Santiago Subotovsky acquired 3,012 shares of Zoom Communications on June 11, 2026.
Key Points
- Santiago Subotovsky purchased 3,012 shares of Zoom Communications, Inc. (ZM) on June 11, 2026.
- Zoom has a market cap of $27.47 billion, a P/E ratio of 13.80, and a beta of 0.995.
- Analysts from HSBC, Citigroup, and Jefferies maintain 'buy' ratings with targets up to $133.
On June 11, 2026, Santiago Subotovsky, an insider at Zoom Communications, Inc. (NasdaqGS: ZM), purchased 3,012 shares. This transaction reflects ongoing insider activity within the company as the shares were acquired at no disclosed price.
Insider Buying and Selling at Zoom Communications, Inc.
Several insiders, including Santiago Subotovsky, engaged in purchasing 3,012 shares each on June 11, 2026. This activity was not conducted under a pre-planned trading program, indicating a direct acquisition of shares by these insiders.
Other Institutional Activity in Zoom Communications
In recent institutional activity, BlackRock, Inc. increased its holdings by 453,370 shares, ending with 17,777,558 shares valued at approximately $1.43 billion. Vanguard Portfolio Management LLC and Vanguard Capital Management LLC both made substantial additions, with holdings now at 13,402,043 and 11,490,856 shares, respectively. Meanwhile, JPMorgan Chase & Co grew its stake by 4,254,403 shares, bringing its total to 9,075,320 shares worth about $714 million. In contrast, AQR Capital Management LLC reduced its position by 3,833,232 shares, leaving it with 8,362,011 shares valued at $662 million.
Zoom Communications Stock Snapshot
Shares of Zoom Communications, Inc. (NasdaqGS: ZM) traded near $93.68. The company boasts a market capitalization of $27.47 billion and a P/E ratio of 13.80. Zoom's beta is 0.995, indicating its stock's volatility is close to the market average. The stock's 52-week range spans from $69.15 to $114.74, with a 50-day moving average of $96.19 and a 200-day moving average of $86.97. The company's current ratio stands at 4.22, and its quick ratio is 4.03, with a debt-to-equity ratio of 0.604.
Recent Earnings
Zoom Communications reported revenue of $4.93 billion with a 5.5% growth rate. The company's net margin was an impressive 41.99%, and return on equity was 21.95%. Earnings per share (EPS) stood at $6.79. The next earnings report is anticipated on May 21, 2026.
Analysts Set New Price Targets
On June 2, 2026, HSBC maintained its 'buy' rating on Zoom Communications with a price target of $133. Citigroup also maintained a 'buy' rating with a $126 target on May 26, 2026. Jefferies, on May 22, 2026, reaffirmed a 'buy' rating and set a target of $118. The consensus among 26 analysts is a 'buy' recommendation, with a mean price target of $115.
About Zoom Communications
Zoom Communications, Inc. is a technology company based in San Jose, California, specializing in software applications. It offers a range of products including Zoom Meetings, Zoom Phone, and Zoom Team Chat, designed to facilitate communication and collaboration. The company serves a diverse clientele across various sectors such as education, healthcare, and finance. Founded in 2011, Zoom is led by CEO Eric S. Yuan and employs approximately 7,438 people.
Bottom Line
Santiago Subotovsky's recent purchase of Zoom Communications shares highlights ongoing insider confidence in the company's prospects. With a solid market position and a range of communication solutions, Zoom continues to attract attention from both insiders and analysts. It's important to remember that insider transactions are just one piece of the puzzle, and investors often look at a range of factors when evaluating a stock's potential.
See Also
This instant news alert was generated by automated narrative technology and financial data from Trueearnings and public regulatory filings. It is for informational purposes only and is not financial advice.