Zoom Communications, Inc. $ZM Stock Sold by Machina Capital S.A.S.

Machina Capital S.A.S. decreased its holdings in Zoom Communications, Inc. (NASDAQ:ZM) by 37.9% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 14,687 shares of the company’s stock after selling 8,963 shares during the period. Machina Capital S.A.S.’s holdings in Zoom Communications were worth $1,333,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also modified their holdings of the stock. Thurston Springer Miller Herd & Titak Inc. increased its position in shares of Zoom Communications by 133.3% during the second quarter. Thurston Springer Miller Herd & Titak Inc. now owns 350 shares of the company’s stock worth $30,000 after acquiring an additional 200 shares during the period. Strategic Investment Solutions Inc. IL boosted its holdings in Zoom Communications by 400.0% in the second quarter. Strategic Investment Solutions Inc. IL now owns 500 shares of the company’s stock valued at $43,000 after purchasing an additional 400 shares during the period. Elevation Wealth Partners LLC boosted its holdings in Zoom Communications by 133.8% in the third quarter. Elevation Wealth Partners LLC now owns 477 shares of the company’s stock valued at $43,000 after purchasing an additional 273 shares during the period. Provenance Wealth Advisors LLC purchased a new position in Zoom Communications in the third quarter valued at $43,000. Finally, Fortitude Family Office LLC grew its stake in Zoom Communications by 27.2% during the 3rd quarter. Fortitude Family Office LLC now owns 533 shares of the company’s stock worth $48,000 after purchasing an additional 114 shares in the last quarter. Hedge funds and other institutional investors own 66.54% of the company’s stock.

Zoom Communications Stock Performance

Shares of NASDAQ ZM opened at $97.70 on Friday. Zoom Communications, Inc. has a fifty-two week low of $70.70 and a fifty-two week high of $114.74. The firm has a market capitalization of $28.51 billion, a PE ratio of 27.02, a price-to-earnings-growth ratio of 4.47 and a beta of 1.02. The stock’s 50-day simple moving average is $94.35 and its 200-day simple moving average is $92.28.

Zoom Communications (NASDAQ:ZM) last posted its earnings results on Tuesday, August 25th. The company reported $1.55 earnings per share for the quarter, topping the consensus estimate of $1.48 by $0.07. The firm had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.27 billion. Zoom Communications had a return on equity of 10.86% and a net margin of 65.19%. The firm’s revenue was up 4.9% compared to the same quarter last year. During the same quarter in the previous year, the business earned $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. On average, sell-side analysts forecast that Zoom Communications, Inc. will post 4.16 earnings per share for the current fiscal year.

Insider Activity at Zoom Communications

In other news, CEO Eric Yuan sold 12,100 shares of the business’s stock in a transaction that occurred on Tuesday, November 3rd. The shares were sold at an average price of $91.50, for a total transaction of $1,107,150.00. Following the completion of the sale, the chief executive officer owned 45,997 shares in the company, valued at approximately $4,208,725.50. The trade was a 20.83% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Santiago Subotovsky sold 2,637 shares of the company’s stock in a transaction on Thursday, November 5th. The shares were sold at an average price of $89.56, for a total transaction of $236,169.72. Following the completion of the transaction, the director owned 113,875 shares of the company’s stock, valued at approximately $10,198,645. The trade was a 2.26% 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. Insiders have sold 83,582 shares of company stock valued at $8,054,735 in the last quarter. Company insiders own 8.83% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have weighed in on ZM shares. Needham & Company LLC restated a “buy” rating and set a $130.00 price target on shares of Zoom Communications in a report on Thursday, October 22nd. Citizens Jmp reiterated a “market perform” rating on shares of Zoom Communications in a research note on Wednesday, August 26th. UBS Group decreased their price objective on Zoom Communications from $115.00 to $112.00 and set a “neutral” rating for the company in a research note on Wednesday, October 21st. Yorkville Ives began coverage on shares of Zoom Communications in a research note on Tuesday, October 6th. They set an “outperform” rating and a $120.00 target price on the stock. Finally, Rosenblatt Securities restated a “buy” rating and set a $130.00 target price on shares of Zoom Communications in a research note on Wednesday, October 21st. Sixteen investment analysts have rated the stock with a Buy rating and eleven have given a Hold rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $114.48.

Zoom Communications Profile

Zoom Communications provides cloud-based collaboration and communications software for businesses, organizations and individual users. Its products include Zoom Meetings for video conferencing, Zoom Team Chat, Zoom Phone, Zoom Rooms and tools for webinars and online events. The company also offers Zoom Contact Center and other services designed to support customer interactions and workplace collaboration. Founded in 2011 by Eric Yuan, Zoom became widely known for its video-conferencing service. The company, formerly known as Zoom Video Communications, adopted the name Zoom Communications in 2024 as it expanded its offerings beyond video meetings.