Zoom Communications Inc’s recently made public that its Director Santiago Subotovsky acquired Company’s shares for reported $0.77 million on Mar 24 ’25. In the deal valued at $78.20 per share,9,900 shares were bought.
Then, Subotovsky Santiago sold 193 shares, generating $16,000 in total proceeds. Upon selling the shares at $82.90, the Director now owns 0 shares.
Before that, Yuan Eric S. sold 91,133 shares. Zoom Communications Inc shares valued at $6,851,216 were divested by the Chief Executive Officer at a price of $75.18 per share. As a result of the transaction, Yuan Eric S. now holds 0 shares, worth roughly $0.0.
Cantor Fitzgerald initiated its Zoom Communications Inc [ZM] rating to a Neutral in a research note published on January 17, 2025; the price target was $87. A number of analysts have revised their coverage, including Wells Fargo’s analysts, who increased its forecast for the stock in early January from “an Underweight” to “an Equal weight”. Jefferies also remained covering ZM and has increased its forecast on December 19, 2024 with a “Buy” recommendation from previously “Hold” rating. Evercore ISI revised its rating on November 26, 2024. It rated ZM as “an Outperform” which previously was an “an In-line”.
Price Performance Review of ZM
On Monday, Zoom Communications Inc [NASDAQ:ZM] saw its stock jump 2.94% to $78.20. Over the last five days, the stock has gained 4.04%. Zoom Communications Inc shares have fallen nearly -4.18% since the year began. Nevertheless, the stocks have risen 16.96% over the past one year. While a 52-week high of $92.80 was reached on 01/28/25, a 52-week low of $55.06 was recorded on 03/13/25. SMA at 50 days reached $79.87, while 200 days put it at $72.22.
Levels Of Support And Resistance For ZM Stock
The 24-hour chart illustrates a support level at 77.25, which if violated will result in even more drops to 76.29. On the upside, there is a resistance level at 78.73. A further resistance level may holdings at 79.25. The Relative Strength Index (RSI) on the 14-day chart is 54.04, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.65, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 1.51%. Stochastics %K at 83.68% indicates the stock is a selling.
How much short interest is there in Zoom Communications Inc?
A steep rise in short interest was recorded in Zoom Communications Inc stocks on 2025-02-28, dropping by -2.24 million shares to a total of 6.68 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 8.92 million shares. There was a decline of -33.46%, which implies that there is a negative sentiment for the stock.
