Zoom Communications (ZM) Insider Cindy Hoots Buys 3,012 Shares
Cindy Hoots purchased 3,012 shares of Zoom Communications on June 11, 2026.
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Cindy Hoots bought 3,012 shares of Zoom Communications, Inc. ($ZM) on June 11, 2026. The trade was reported to the SEC in a Form 4 filing.
Since the trade, $ZM is down 6.5% after 1 week, down 0.5% after 1 month and up 2.0% to date (from the $92.32 close on Jun 11, 2026).
ZM
Zoom Communications, Inc.
Key Points
- Cindy Hoots bought 3,012 shares of Zoom Communications on June 11, 2026, at a share price of $93.68, totaling about $282,000.
- Zoom's stock currently trades near its 50-day moving average of $97.49, showing a slight decline from the previous close of $94.47.
- Analysts maintain a consensus 'buy' rating for Zoom with a target mean price of $118.24, reflecting confidence in the company's performance.
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Insider Buying and Selling at Zoom Communications, Inc.
Cindy Hoots purchased 3,012 shares of Zoom Communications, Inc. (ZM) on June 11, 2026. This acquisition is valued at about $282,000, based on the current share price of $93.68. This trade adds to the growing trend of insider buying at Zoom, which has been noted recently.
Other Insiders Active
On the same day, several other insiders also bought 3,012 shares each. William Mcdermott, Jonathan Chadwick, Michael Fenger, Santiago Subotovsky, Herbert Raymond McMaster, and Daniel Scheinman each made similar purchases, indicating strong insider confidence in the company's future.
How Zoom Communications, Inc. Stock Has Traded
Currently, Zoom's shares are trading close to their 50-day moving average of $97.49, down slightly from the previous close of $94.47. Over the past year, the stock has fluctuated between a low of $70.70 and a high of $114.74, reflecting a range of investor sentiment.
Analysts Set New Price Targets
On August 26, 2026, several analysts reiterated their ratings for Zoom. Morgan Stanley maintained an 'Equal-Weight' rating with a price target of $107. Jefferies kept its 'Buy' rating but adjusted the target down to $116. Meanwhile, RBC Capital reiterated its 'Outperform' rating with a price target of $130, demonstrating a positive outlook from multiple firms.
What Zoom Communications, Inc. Does
Zoom Communications, Inc. provides a platform for video conferencing and collaboration tools. The company has seen a surge in demand for its services, particularly in the wake of increased remote work and digital communication needs.
What's Ahead for Zoom Communications, Inc.
Zoom is set to report its next earnings on November 24, 2026. With several insiders buying shares recently, investor interest may remain strong as the company prepares to share its financial results. Note that the recent trades reflect positions as of June 11, 2026, and may not represent current holdings.
Related Filing Alerts
Source: Cindy Hoots's Form 4 filing on $ZM (Jun 11, 2026). Find the original filing: ZM Form 4 filings on SEC EDGAR. Written by software, not financial advice. How we make alerts