ZM Zoom Communications, Inc.

BEARISH Impact: 7/10 Insider Cluster (5 insiders)
Horizon days Filed Apr 10, 2026 Processed 1mo ago
Insider cluster: 5 insiders, $2.3M total
Latest settled — T+20d ⚠ clustered
ZM ▲ +37.33% at T+20d
SHORT call ✗ call lost -37.33% · α vs SPY -28.81% · entry $78.90 → $108.36
Next anchor: T+60d in 26d
Last close $101.15 (close Jun 8) · -28.20% from $78.90 entry (call sign-flipped)
Entry anchored
Apr 9, 03:59 PM ET
via Databento tick
T+1d
+4.94%
call -4.94% · α -3.96%
$82.80
settled 2mo ago
T+5d
+11.56%
call -11.56% · α -7.05%
$88.02
settled 8w ago
T+20d
+37.33%
call -37.33% · α -28.81%
$108.36
settled 5w ago
T+60d
call — · α —
in 26d

Price Chart

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Executive Summary

Five corporate insiders at Zoom Communications, including CEO Eric Yuan and CFO Michelle Chang, sold shares in the past week, realizing a total of $2.31 million in proceeds. The selling was led by the COO and CEO, with all transactions being open-market sales, indicating a coordinated exit by top leadership.

Key Financial Metrics

Direction
selling
Total Value
$2.3M
Insiders
5

Actionable Insight

C-suite-led selling, especially by the CEO and COO, raises concerns about confidence in near-term prospects. Monitor upcoming earnings for any guidance adjustments or margin pressures that may have prompted these exits.

Key Facts

  • CEO Eric Yuan sold $575,000 worth of shares, COO Aparna Bawa sold $1.05 million, and CFO Michelle Chang sold $414,000.
  • All five trades were open-market sales (S), totaling $2.31 million over a 7-day period.
  • Total insider selling represents approximately 0.0087% of Zoom's $26.7B market cap — modest in size but highly concentrated among C-suite executives.
  • No purchases or non-cash transactions (A, F, M, etc.) were reported in this cluster.

Financial Impact

$2.31 million in open-market share sales by insiders

insider sentimentshareholder confidencepotential dilution perception

Risk Factors

  • Perception of insider pessimism following strong post-pandemic performance
  • Potential for follow-on selling if other executives participate

Market Snapshot

Exchange
Nasdaq
Sector
Services-Computer Programming, Data Processing, Etc.

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-ZM-1776804883764
11 reports for ZM
Performance horizon
29% Hit rate 2 of 7 directional calls best @ T+60▲ +16.80%Feb 25, 2026
Filters
Rows
Reports for ZM — sortable, filterable
Type Now
May 21, 2026
19d ago
8-K
BULLISH ★ 7/10
$105.47 $111.52▲ +5.74%▲ +4.08%$101.15 (−4.10%)
May 21, 2026
19d ago
Press Release
NEUTRAL ★ 5/10
$105.47 $111.52▲ +5.74%▲ +4.08%$101.15 (−4.10%)
May 4, 2026
5w ago
Insider Cluster
NEUTRAL ★ 2/10
$106.57 $106.69▲ +0.11%▼ −2.82%$101.15 (−5.09%)
May 1, 2026
5w ago
Court Ruling
BEARISH ★ 6/10
$103.00 $108.36▼ −5.20%▼ −2.85%$101.15 (+1.80%)
Apr 10, 2026
8w ago
Insider Cluster
BEARISH ★ 7/10
$78.90 $88.02▼ −11.56%▼ −7.05%$101.15 (−28.20%)
Apr 10, 2026
8w ago
Insider Cluster
BEARISH ★ 6/10
$78.90 $88.02▼ −11.56%▼ −7.05%$101.15 (−28.20%)
Apr 10, 2026
8w ago
Insider Cluster
BEARISH ★ 6/10
$78.90 $88.02▼ −11.56%▼ −7.05%$101.15 (−28.20%)
Apr 10, 2026
8w ago
Insider Cluster
BEARISH ★ 6/10
$78.90 $88.02▼ −11.56%▼ −7.05%$101.15 (−28.20%)
Mar 30, 2026
10w ago
Court Ruling
NEUTRAL ★ 3/10
$78.64 $83.75▲ +6.50%▲ +2.20%$101.15 (+28.62%)
Feb 28, 2026
14w ago
Institutional Cluster
BEARISH ★ 6/10
$72.65 $76.77▼ −5.67%▼ −6.88%$101.15 (−39.23%)
Showing 10 of 11

US Market Status

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