iA Global Asset Management Inc. Invests $1.28 Million in Zoom Communications, Inc. $ZM

iA Global Asset Management Inc. acquired a new position in Zoom Communications, Inc. (NASDAQ:ZM) during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 15,974 shares of the company’s stock, valued at approximately $1,284,000.

A number of other hedge funds also recently modified their holdings of ZM. NewEdge Advisors LLC lifted its position in shares of Zoom Communications by 16.8% during the 1st quarter. NewEdge Advisors LLC now owns 8,009 shares of the company’s stock valued at $591,000 after buying an additional 1,153 shares during the last quarter. Intech Investment Management LLC raised its position in shares of Zoom Communications by 59.1% during the 1st quarter. Intech Investment Management LLC now owns 16,785 shares of the company’s stock valued at $1,238,000 after buying an additional 6,235 shares in the last quarter. Geneos Wealth Management Inc. lifted its stake in Zoom Communications by 82.0% during the first quarter. Geneos Wealth Management Inc. now owns 881 shares of the company’s stock worth $65,000 after purchasing an additional 397 shares during the last quarter. Sivia Capital Partners LLC purchased a new position in shares of Zoom Communications during the second quarter worth approximately $217,000. Finally, Invesco Ltd. lifted its stake in Zoom Communications by 7.0% in the second quarter. Invesco Ltd. now owns 730,207 shares of the company’s stock worth $56,942,000 after purchasing an additional 47,749 shares during the last quarter. Institutional investors own 66.54% of the company’s stock.

Zoom Communications Stock Down 3.3%

ZM stock opened at $87.14 on Friday. Zoom Communications, Inc. has a twelve month low of $69.15 and a twelve month high of $114.74. The firm has a market cap of $25.55 billion, a price-to-earnings ratio of 12.80, a PEG ratio of 4.98 and a beta of 1.01. The business’s fifty day simple moving average is $96.67 and its two-hundred day simple moving average is $88.82.

Zoom Communications (NASDAQ:ZM) last announced its quarterly earnings results on Thursday, May 21st. The company reported $1.55 EPS for the quarter, beating the consensus estimate of $1.42 by $0.13. Zoom Communications had a return on equity of 11.87% and a net margin of 41.99%.The firm had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same quarter last year, the firm posted $1.43 earnings per share. The business’s revenue for the quarter 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. Research analysts expect that Zoom Communications, Inc. will post 4.08 EPS for the current year.

Insiders Place Their Bets

In other Zoom Communications news, COO Aparna Bawa sold 12,886 shares of the firm’s stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $87.62, for a total value of $1,129,071.32. Following the completion of the sale, the chief operating officer owned 1,978 shares of the company’s stock, valued at approximately $173,312.36. This trade represents a 86.69% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Santiago Subotovsky sold 5,274 shares of the firm’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $109.78, for a total value of $578,979.72. Following the completion of the transaction, the director owned 137,608 shares of the company’s stock, valued at $15,106,606.24. This trade represents a 3.69% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 156,638 shares of company stock valued at $13,900,194. 8.83% of the stock is owned by corporate insiders.

Trending Headlines about Zoom Communications

Here are the key news stories impacting Zoom Communications this week:

• Positive Sentiment: Needham & Company reaffirmed its Buy rating on Zoom and raised its price target to $130, implying meaningful upside from current levels. Benzinga article
• Positive Sentiment: Zoom announced a definitive agreement to acquire Common Room, an AI-native GTM intelligence platform. The deal is aimed at strengthening Zoom’s AI revenue platform by combining buyer-intelligence data, enrichment, and AI agents, which could improve Zoom’s long-term growth story. GlobeNewswire article
• Positive Sentiment: Recent coverage has highlighted Zoom’s expanding AI and customer-experience initiatives, including new Virtual Agent tools and partner integrations, which support the thesis that Zoom is building a more durable platform around automation and regulated workflows. Yahoo Finance article
• Neutral Sentiment: Several articles discussed Zoom as a possible value stock, noting that the shares have fallen sharply over the past five years and may still trade below estimated intrinsic value. This is supportive for investors looking for discounted valuation, but it is not an immediate catalyst.
• Negative Sentiment: One market commentary included Zoom in a discussion of mid-cap stocks that investors should be cautious about, reflecting lingering skepticism around competition and execution risk. Yahoo Finance article

Analysts Set New Price Targets

A number of analysts have recently weighed in on the company. Piper Sandler increased their price objective on Zoom Communications from $91.00 to $107.00 and gave the company a “neutral” rating in a research note on Friday, May 22nd. Rosenblatt Securities upped 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. BTIG Research raised their price objective on shares of Zoom Communications from $100.00 to $125.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. Royal Bank Of Canada reissued an “outperform” rating and set a $130.00 price objective on shares of Zoom Communications in a report on Tuesday. Finally, Mizuho lifted their target price on Zoom Communications from $100.00 to $120.00 and gave the company an “outperform” rating in a research report on Friday, May 22nd. Fifteen equities research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $109.33.

Zoom Communications 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.