Zoom Communications (ZM) Insider Mcdermott Buys 3,012 Shares
Multiple company insiders, including William Mcdermott, picked up 3,012 shares each of Zoom Communications, Inc. on June 11, 2026.
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William Mcdermott 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
- William Mcdermott and fellow insiders Jonathan Chadwick, Michael Fenger, Santiago Subotovsky, Cindy Hoots, Mcmaster Herbert Raymond, and Daniel Scheinman each acquired 3,012 shares of Zoom Communications, Inc. on June 11, 2026.
- Zoom Communications trades near $93.68, sitting between its 52-week low of $70.70 and high of $114.74 with a P/E ratio of 9.14.
- Wall Street analysts maintain a consensus buy rating on the stock with a target mean price of $118.24.
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Zoom Communications Insiders Add to Stakes
Zoom Communications, Inc. (NasdaqGS: ZM) recently saw a coordinated wave of insider buying on June 11, 2026. Entity William Mcdermott joined several other company figures in picking up shares, reflecting internal activity at the software maker. Each of the participating insiders acquired exactly 3,012 shares on the same date.
Multiple Executives Buy Shares on June 11
The cluster of transactions on June 11, 2026, involved several notable names across the organization. Alongside William Mcdermott, insiders Jonathan Chadwick, Michael Fenger, Santiago Subotovsky, Cindy Hoots, Mcmaster Herbert Raymond, and Daniel Scheinman each purchased 3,012 shares of Zoom Communications. These transactions follow a pattern of multiple executives adding to their holdings on the exact same day.
Zoom Communications Stock Valuation and Performance
Shares of Zoom Communications traded around $93.68, positioning the company firmly within its 52-week range spanning from $70.70 to $114.74. The stock hovers close to its 50-day moving average of $97.49 and sits above its 200-day moving average of $91.40. With a market capitalization of roughly $28.74 billion, the software provider currently posts a trailing P/E ratio of 9.14 and a forward P/E ratio of 15.53.
Analysts Set New Price Targets
Wall Street analysts maintain a generally favorable outlook on the company, backed by a consensus recommendation key of buy. A total of 25 analyst opinions shape a target mean price of $118.24, with targets stretching from a low of $79.00 up to a high of $135.00. Recent updates include Morgan Stanley maintaining an Equal-Weight rating with a $107.00 target on August 26, 2026, while Jefferies maintained a Buy rating with a $116.00 target on the same day. RBC Capital and Rosenblatt both carry Outperform and Buy ratings respectively with targets set at $130.00.
Inside the Software Platform Provider
Zoom Communications provides an artificial intelligence-first open work platform designed for digital connection and collaboration. Best known for Zoom Meetings, the San Jose-based company has expanded its portfolio to include cloud phone systems, team chat, modular workspaces, interactive whiteboards, and customer contact center software. It serves individual users alongside enterprise clients across technology, finance, healthcare, and education sectors.
What to Watch Next for Zoom
Investors tracking the software provider will look ahead to the company's next earnings report scheduled for November 24, 2026. Future regulatory filings will provide further clarity on executive holdings and overall institutional ownership trends as the fiscal year progresses.
Related Filing Alerts
Source: William Mcdermott'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