Insider Cluster (5 insiders) ·Filed Apr 10, 2026

ZM

Zoom Communications, Inc.
BEARISH
Impact 7/10
Horizondays Processed5mo ago
Insider cluster: 5 insiders, $2.3M total
Actionable Insight ▼ Bearish

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.

DirectionBearish
Confidencehigh
Horizondays
Final — all horizons settled through T+60d ⚠ clustered
ZM ▲ +7.68% at T+60d
SHORT call ✗ call lost -7.68% · α vs SPY +2.89% · entry $78.90 → $84.96
Entry anchored
Apr 9, 03:59 PM ET
via exchange tick
T+1d
+4.94%
call -4.94% · α -3.96%
$82.80
settled 6mo ago
T+5d
+11.56%
call -11.56% · α -7.05%
$88.02
settled 6mo ago
T+20d
+37.33%
call -37.33% · α -28.81%
$108.36
settled 5mo ago
T+60d
+7.68%
call -7.68% · α +2.89%
$84.96
settled 3mo ago

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

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.

Investment Themes

Cloud & SaaS

Documents Analyzed

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

DocumentAccession Number
CLUSTER Data (Synthetic)cluster-ZM-1776804883764
21 reports for ZM
Performance horizon
56% Hit rate 5 of 9 directional calls best @ T+60▲ +16.80%Feb 25, 2026
Filters
Rows
Reports for ZM — sortable, filterable
TypeNow
Sep 10, 2026
21d ago
Insider Cluster
NEUTRAL ★ 2/10
$95.57 $88.77▼ −7.12%▼ −6.89%$92.86 (−2.84%)
Sep 10, 2026
21d ago
Insider Cluster
NEUTRAL ★ 3/10
$95.57 $88.77▼ −7.12%▼ −6.89%$92.86 (−2.84%)
Sep 2, 2026
29d ago
8-K
NEUTRAL ★ 2/10
$98.14 $95.57▼ −2.62%▼ −1.47%$92.86 (−5.39%)
Aug 25, 2026
5w ago
Press Release
BULLISH ★ 6/10
$93.83 $95.86▲ +2.16%▲ +2.28%$92.86 (−1.04%)
Aug 14, 2026
6w ago
Insider Cluster
NEUTRAL ★ 2/10
$105.56 $104.83▼ −0.69%▲ +0.50%$92.86 (−12.04%)
Aug 7, 2026
7w ago
Insider Cluster
NEUTRAL ★ 2/10
$107.20 $105.48▼ −1.60%▼ −1.56%$92.86 (−13.38%)
Jul 22, 2026
10w ago
Press Release
NEUTRAL ★ 5/10
$85.81 $92.41▲ +7.69%▲ +10.09%$92.86 (+8.21%)
Jul 16, 2026
11w ago
Insider Cluster
NEUTRAL ★ 3/10
$91.13 $84.11▼ −7.70%▼ −7.02%$92.86 (+1.89%)
Jul 15, 2026
11w ago
Insider Cluster
NEUTRAL ★ 3/10
$92.92 $84.11▼ −9.48%▼ −7.81%$92.86 (−0.07%)
Jul 2, 2026
13w ago
Press Release
BULLISH ★ 6/10
$87.15 $89.88▲ +3.14%▲ +2.21%$92.86 (+6.55%)
Showing 10 of 21

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Report published Apr 21, 2026