Zoom Communications director Subotovsky sells $144,400 in stock

Director of Zoom Communications, Santiago Subotovsky, sold 1,442 shares of the company's Class A Common Stock on October 28, 2026, for a total of $144,400. The shares were sold at prices between $100.025 and $100.515, with an average price of $100.1391 per share. The transactions followed a Rule 10b5-1 trading plan Subotovsky put in place on January 13, 2026.

After the sales, Subotovsky personally owns 116,512 shares of Zoom Communications Class A Common Stock. Despite the sale, Zoom's stock is currently trading at $95.50, which is lower than the director's sale price. However, InvestingPro analysis indicates the stock is undervalued and has been included in the Most Undervalued list.

Zoom's financial health score is 3.33, and the company trades at a P/E ratio of 8.81. Investors can find more details in Zoom's Pro Research Report. In other news, Zoom has set its first long-term revenue target of 6-8% growth by fiscal year 2030, supported by double-digit enterprise growth, according to Mizuho's rating and $120 price target.

The company has also raised its long-term operating margin target to around 40%, up from the previous 33-36% range. Oppenheimer upgraded Zoom's stock rating to Outperform, with a $130 price target, citing progress in its AI platform and positive customer feedback. KeyBanc maintained its Sector Weight rating, while Cantor Fitzgerald kept a Neutral rating with a $104 price target.

Citizens gave a Market Perform rating, highlighting Zoom's transition from a single-purpose application to a broader communications platform. These developments reflect Zoom's strategic focus and financial outlook, as discussed at the recent Zoomtopia conference.