Clearstead Advisors LLC Buys 13,621 Shares of Zoom Communications, Inc. $ZM

Clearstead Advisors LLC grew its stake in Zoom Communications, Inc. (NASDAQ:ZM) by 7.5% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 194,711 shares of the company’s stock after acquiring an additional 13,621 shares during the quarter. Clearstead Advisors LLC’s holdings in Zoom Communications were worth $16,802,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of ZM. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Zoom Communications by 10.5% during the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 238,753 shares of the company’s stock worth $19,697,000 after purchasing an additional 22,704 shares in the last quarter. Strive Asset Management LLC bought a new stake in Zoom Communications during the 3rd quarter worth approximately $1,238,000. LSV Asset Management increased its stake in Zoom Communications by 5.0% during the 3rd quarter. LSV Asset Management now owns 1,069,440 shares of the company’s stock worth $88,229,000 after purchasing an additional 50,579 shares in the last quarter. Krilogy Financial LLC bought a new stake in Zoom Communications during the 3rd quarter worth approximately $1,963,000. Finally, Sherry Group Inc. bought a new stake in Zoom Communications during the 4th quarter worth approximately $894,000. 66.54% of the stock is owned by institutional investors.

Analyst Ratings Changes

A number of analysts recently issued reports on ZM shares. BTIG Research increased their target price on Zoom Communications from $100.00 to $125.00 and gave the stock a “buy” rating in a research note on Friday. Jefferies Financial Group increased their target price on Zoom Communications from $105.00 to $118.00 and gave the stock a “buy” rating in a research note on Friday. Citigroup upped their price target on Zoom Communications from $106.00 to $122.00 and gave the stock a “buy” rating in a research report on Friday, May 15th. Weiss Ratings raised Zoom Communications from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 1st. Finally, Argus raised Zoom Communications to a “hold” rating in a research report on Monday, March 9th. Fourteen equities research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. According to MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $107.95.

Zoom Communications Stock Performance

NASDAQ ZM opened at $105.64 on Monday. The stock has a 50 day moving average of $88.73 and a 200-day moving average of $86.72. Zoom Communications, Inc. has a 12 month low of $69.15 and a 12 month high of $113.73. The company has a market cap of $31.13 billion, a PE ratio of 15.51, a PEG ratio of 6.04 and a beta of 1.00.

Zoom Communications (NASDAQ:ZM) last announced its quarterly earnings results on Thursday, May 21st. The company reported $1.55 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.42 by $0.13. Zoom Communications had a return on equity of 12.06% and a net margin of 41.99%.The business had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter last year, the firm posted $1.43 EPS. The company’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. As a group, sell-side analysts predict that Zoom Communications, Inc. will post 3.94 EPS for the current fiscal year.

Insider Buying and Selling at Zoom Communications

In other Zoom Communications news, insider Velchamy Sankarlingam sold 7,645 shares of the firm’s stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $85.44, for a total transaction of $653,188.80. Following the completion of the sale, the insider owned 141,971 shares of the company’s stock, valued at $12,130,002.24. This trade represents a 5.11% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Michelle Chang sold 8,489 shares of the firm’s stock in a transaction on Friday, April 10th. The shares were sold at an average price of $81.32, for a total value of $690,325.48. Following the sale, the chief financial officer directly owned 30,467 shares of the company’s stock, valued at $2,477,576.44. This represents a 21.79% decrease in their position. The SEC filing for this sale provides additional information. 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. Over the last ninety days, insiders have sold 144,329 shares of company stock worth $12,364,989. 11.51% of the stock is currently owned by corporate insiders.

Trending Headlines about Zoom Communications

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

• Positive Sentiment: Zoom beat fiscal Q1 expectations, posting EPS of $1.55 versus the $1.41 consensus and revenue of $1.24 billion versus $1.22 billion expected, with revenue up 5.5% year over year. Zoom Communications Reports Financial Results for the First Quarter of Fiscal Year 2027
• Positive Sentiment: The company lifted FY2027 guidance, now targeting EPS of $5.96-$6.00, above prior expectations, which signals management confidence in continued margin and profit expansion. Zoom Raises FY2027 Outlook After 184% Paid AI User Growth
• Positive Sentiment: AI momentum was a key driver, with paid AI users surging 184% and enterprise revenue rising 7.2%, suggesting Zoom is successfully expanding beyond basic video conferencing into higher-value enterprise tools. Zoom raises annual forecasts, banks on AI features to drive demand
• Positive Sentiment: Several Wall Street firms raised price targets after the results, including RBC, Rosenblatt, Needham, BTIG, Mizuho, Benchmark, and Piper Sandler, reflecting improved sentiment around Zoom’s growth outlook. These Analysts Increase Their Forecasts On Zoom After Upbeat Q1 Results
• Neutral Sentiment: Zoom also reported a modest uptick in churn and competitive pressure, which investors may continue to monitor even as the broader earnings picture remains strong. Zoom Communications Inc (ZM) Q1 2027 Earnings Call Highlights: Strong Revenue Growth and AI …

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.