Kera Capital Partners Inc. Purchases 6,024 Shares of Zoom Communications, Inc. $ZM

Kera Capital Partners Inc. raised its position in shares of Zoom Communications, Inc. (NASDAQ:ZM) by 65.6% during the fourth quarter, HoldingsChannel reports. The firm owned 15,205 shares of the company’s stock after purchasing an additional 6,024 shares during the period. Kera Capital Partners Inc.’s holdings in Zoom Communications were worth $1,400,000 at the end of the most recent reporting period.

Other hedge funds have also recently added to or reduced their stakes in the company. Norges Bank bought a new position in shares of Zoom Communications during the 4th quarter valued at about $509,788,000. AQR Capital Management LLC lifted its position in Zoom Communications by 43.9% in the 4th quarter. AQR Capital Management LLC now owns 12,195,243 shares of the company’s stock worth $1,052,328,000 after buying an additional 3,718,186 shares during the last quarter. Two Sigma Investments LP bought a new stake in Zoom Communications in the 3rd quarter worth approximately $86,709,000. Vanguard Group Inc. lifted its position in Zoom Communications by 4.0% in the 4th quarter. Vanguard Group Inc. now owns 26,967,224 shares of the company’s stock worth $2,327,002,000 after buying an additional 1,029,623 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership boosted its stake in Zoom Communications by 46.2% in the third quarter. Arrowstreet Capital Limited Partnership now owns 2,645,846 shares of the company’s stock worth $218,282,000 after buying an additional 836,594 shares in the last quarter. Institutional investors own 66.54% of the company’s stock.

Zoom Communications Price Performance

Shares of ZM stock opened at $86.36 on Friday. The business has a 50-day moving average of $96.58 and a 200 day moving average of $88.91. Zoom Communications, Inc. has a 1-year low of $69.15 and a 1-year high of $114.74. The stock has a market capitalization of $25.32 billion, a PE ratio of 12.68, a P/E/G ratio of 4.85 and a beta of 1.01.

Zoom Communications (NASDAQ:ZM) last announced its quarterly earnings results on Thursday, May 21st. The company reported $1.55 EPS for the quarter, topping analysts’ consensus estimates of $1.42 by $0.13. Zoom Communications had a return on equity of 11.87% and a net margin of 41.99%.The business had revenue of $1.24 billion for the quarter, compared to analysts’ expectations of $1.22 billion. During the same period in the previous year, the firm earned $1.43 EPS. The business’s quarterly revenue was up 5.5% on a year-over-year basis. Zoom Communications has set its FY 2027 guidance at 5.960-6.000 EPS and its Q2 2027 guidance at 1.450-1.470 EPS. Analysts anticipate that Zoom Communications, Inc. will post 4.06 EPS for the current year.

Analyst Upgrades and Downgrades

ZM has been the topic of a number of recent research reports. Royal Bank Of Canada increased their price target on shares of Zoom Communications from $110.00 to $130.00 and gave the company an “outperform” rating in a research report on Friday, May 22nd. Rosenblatt Securities boosted their price objective on shares of Zoom Communications from $115.00 to $130.00 and gave the stock a “buy” rating in a report on Friday, May 22nd. Robert W. Baird upped their price objective on shares of Zoom Communications from $95.00 to $105.00 and gave the company an “outperform” rating in a research note on Tuesday, May 19th. Sanford C. Bernstein reduced their target price on shares of Zoom Communications from $90.00 to $88.00 and set a “market perform” rating on the stock in a report on Thursday, February 26th. Finally, BTIG Research lifted their target price on shares of Zoom Communications from $100.00 to $125.00 and gave the stock a “buy” rating in a research report on Friday, May 22nd. Fifteen analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $109.33.

Insider Transactions at Zoom Communications

In related news, insider Velchamy Sankarlingam sold 7,645 shares of the company’s stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $85.44, for a total transaction of $653,188.80. Following the completion of the sale, the insider directly owned 141,971 shares in the company, valued at $12,130,002.24. This represents a 5.11% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Aparna Bawa sold 12,886 shares of the stock in a transaction on Friday, April 17th. The shares were sold at an average price of $87.62, for a total transaction of $1,129,071.32. Following the sale, the chief operating officer directly owned 1,978 shares of the company’s stock, valued at $173,312.36. The trade was a 86.69% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 156,638 shares of company stock valued at $13,900,194. 8.83% of the stock is currently owned by insiders.

Zoom Communications Company Profile

Zoom Video Communications, Inc (commonly referred to as Zoom) is a provider of cloud-based communications and collaboration solutions. The company’s platform supports video conferencing, voice calling, instant messaging, webinars and large-scale virtual events, and meeting room systems, marketed to businesses, educational institutions, government organizations and individual users. Zoom’s product lineup includes Zoom Meetings, Zoom Phone, Zoom Rooms, Zoom Video Webinars and Zoom Chat, and the company offers integrations and extensions through a developer marketplace and third-party apps.

Founded in 2011 by Eric S.