Coppell Advisory Solutions LLC Invests $1.89 Million in Zoom Communications, Inc. $ZM

Coppell Advisory Solutions LLC bought a new stake in Zoom Communications, Inc. (NASDAQ:ZM) in the 2nd quarter, according to its most recent 13F filing with the SEC. The firm bought 21,922 shares of the company’s stock, valued at approximately $1,892,000.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in ZM. Kestra Advisory Services LLC raised its stake in Zoom Communications by 2.0% during the 4th quarter. Kestra Advisory Services LLC now owns 5,928 shares of the company’s stock worth $512,000 after buying an additional 116 shares during the period. 3Chopt Investment Partners LLC grew its stake in Zoom Communications by 1.6% in the first quarter. 3Chopt Investment Partners LLC now owns 7,370 shares of the company’s stock valued at $592,000 after acquiring an additional 119 shares during the period. Rexford Capital Inc. increased its holdings in shares of Zoom Communications by 45.7% during the first quarter. Rexford Capital Inc. now owns 389 shares of the company’s stock valued at $31,000 after acquiring an additional 122 shares in the last quarter. New York State Teachers Retirement System increased its holdings in shares of Zoom Communications by 0.5% during the fourth quarter. New York State Teachers Retirement System now owns 24,263 shares of the company’s stock valued at $2,094,000 after acquiring an additional 123 shares in the last quarter. Finally, Root Financial Partners LLC raised its position in shares of Zoom Communications by 33.5% during the fourth quarter. Root Financial Partners LLC now owns 542 shares of the company’s stock worth $47,000 after purchasing an additional 136 shares during the period. 66.54% of the stock is owned by institutional investors.

Zoom Communications Stock Up 1.0%

Shares of NASDAQ:ZM opened at $95.86 on Thursday. The stock has a market cap of $28.11 billion, a price-to-earnings ratio of 8.88, a PEG ratio of 4.39 and a beta of 1.04. Zoom Communications, Inc. has a 12-month low of $70.70 and a 12-month high of $114.74. The business’s 50 day moving average is $95.28 and its 200 day moving average is $91.47.

Zoom Communications (NASDAQ:ZM) last announced its quarterly earnings results on Tuesday, August 25th. The company reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.48 by $0.07. The business had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.27 billion. Zoom Communications had a return on equity of 10.86% and a net margin of 65.19%.Zoom Communications’s revenue was up 4.9% compared to the same quarter last year. During the same quarter in the prior year, the company posted $1.53 earnings per share. Zoom Communications has set its FY 2027 guidance at 6.080-6.120 EPS and its Q3 2027 guidance at 1.460-1.480 EPS. As a group, equities research analysts expect that Zoom Communications, Inc. will post 4.26 earnings per share for the current year.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on the stock. Citigroup lifted their price target on shares of Zoom Communications from $122.00 to $126.00 and gave the company a “buy” rating in a research report on Tuesday, May 26th. Needham & Company LLC restated a “buy” rating and set a $130.00 price objective on shares of Zoom Communications in a report on Wednesday, August 26th. Wells Fargo & Company raised their price objective on shares of Zoom Communications from $90.00 to $105.00 and gave the company an “equal weight” rating in a research note on Friday, May 22nd. Morgan Stanley raised their price objective on shares of Zoom Communications from $105.00 to $107.00 and gave the company an “equal weight” rating in a research note on Wednesday, August 26th. Finally, Citizens Jmp reiterated a “market perform” rating on shares of Zoom Communications in a report on Wednesday, August 26th. Sixteen equities research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $112.55.

Insider Activity

In other news, CFO Michelle Chang sold 8,489 shares of the company’s stock in a transaction on Friday, July 10th. The shares were sold at an average price of $90.80, for a total value of $770,801.20. Following the completion of the sale, the chief financial officer owned 35,452 shares in the company, valued at $3,219,041.60. This represents a 19.32% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Santiago Subotovsky sold 7,911 shares of the stock in a transaction dated Tuesday, August 4th. The shares were sold at an average price of $101.33, for a total transaction of $801,621.63. Following the completion of the sale, the director owned 127,060 shares of the company’s stock, valued at approximately $12,874,989.80. This represents a 5.86% 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. Insiders sold 38,781 shares of company stock valued at $3,725,300 over the last quarter. 8.83% of the stock is owned by insiders.

About Zoom Communications

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.