Zoom Communications Inc’s recent filing unveils that its Director Subotovsky Santiago unloaded Company’s shares for reported $0.2 million on May 05 ’25. In the deal valued at $78.82 per share,2,475 shares were sold. As a result of this transaction, Subotovsky Santiago now holds 157,824 shares worth roughly $12.83 million.
Then, Subotovsky Santiago sold 2,475 shares, generating $186,684 in total proceeds. Upon selling the shares at $75.43, the Director now owns 160,299 shares.
Before that, Chadwick Jonathan sold 12,500 shares. Zoom Communications Inc shares valued at $937,926 were divested by the Director at a price of $75.03 per share. As a result of the transaction, Chadwick Jonathan now holds 1,514 shares, worth roughly $0.12 million.
Needham upgraded its Zoom Communications Inc [ZM] rating to a Buy from a a Hold in a research note published recently. A number of analysts have revised their coverage, including Cantor Fitzgerald’s analysts, who began to cover the stock in mid January with a ‘”a Neutral”‘ rating. Wells Fargo also remained covering ZM and has increased its forecast on January 07, 2025 with a “an Equal weight” recommendation from previously “an Underweight” rating. Jefferies revised its rating on December 19, 2024. It rated ZM as “a Buy” which previously was an “a Hold”.
Price Performance Review of ZM
On Monday, Zoom Communications Inc [NASDAQ:ZM] saw its stock jump 0.02% to $81.27. Over the last five days, the stock has gained 2.51%. Zoom Communications Inc shares have fallen nearly -0.42% since the year began. Nevertheless, the stocks have risen 32.45% 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 04/07/25. SMA at 50 days reached $76.77, while 200 days put it at $76.58.
Levels Of Support And Resistance For ZM Stock
The 24-hour chart illustrates a support level at 80.66, which if violated will result in even more drops to 80.05. On the upside, there is a resistance level at 81.97. A further resistance level may holdings at 82.67. The Relative Strength Index (RSI) on the 14-day chart is 57.11, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -1.04, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 56.48%. Stochastics %K at 36.84% indicates the stock is a holding.
