Savant Capital LLC Increases Position in Zoom Communications, Inc. $ZM

Savant Capital LLC raised its holdings in shares of Zoom Communications, Inc. (NASDAQ:ZM) by 14.4% in the third quarter, Holdings Channel.com reports. The firm owned 65,438 shares of the company’s stock after purchasing an additional 8,219 shares during the period. Savant Capital LLC’s holdings in Zoom Communications were worth $5,399,000 as of its most recent SEC filing.

Other hedge funds have also recently made changes to their positions in the company. Wynn Capital LLC grew its stake in shares of Zoom Communications by 1.3% in the 3rd quarter. Wynn Capital LLC now owns 10,429 shares of the company’s stock worth $860,000 after buying an additional 130 shares during the last quarter. Penserra Capital Management LLC increased its holdings in Zoom Communications by 12.6% in the 2nd quarter. Penserra Capital Management LLC now owns 1,446 shares of the company’s stock worth $111,000 after buying an additional 162 shares in the last quarter. Daiwa Securities Group Inc. grew its stake in shares of Zoom Communications by 0.7% in the second quarter. Daiwa Securities Group Inc. now owns 24,395 shares of the company’s stock worth $1,902,000 after acquiring an additional 181 shares during the period. Yousif Capital Management LLC boosted its holdings in Zoom Communications by 4.5% in the third quarter. Yousif Capital Management LLC now owns 4,552 shares of the company’s stock worth $376,000 after purchasing an additional 198 shares during the last quarter. Finally, REAP Financial Group LLC boosted its stake in shares of Zoom Communications by 181.7% in the 2nd quarter. REAP Financial Group LLC now owns 355 shares of the company’s stock worth $28,000 after buying an additional 229 shares during the last quarter. 66.54% of the stock is owned by institutional investors.

Wall Street Analyst Weigh In

ZM has been the topic of several analyst reports. Piper Sandler lifted their price target on shares of Zoom Communications from $85.00 to $91.00 and gave the stock a “neutral” rating in a research note on Monday, January 5th. BTIG Research assumed coverage on Zoom Communications in a research note on Tuesday, December 16th. They issued a “buy” rating and a $105.00 price target for the company. Rosenblatt Securities reissued a “buy” rating and set a $115.00 price objective on shares of Zoom Communications in a report on Tuesday, November 25th. Royal Bank Of Canada reiterated an “outperform” rating and set a $100.00 target price on shares of Zoom Communications in a research report on Tuesday, November 25th. Finally, Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Zoom Communications in a report on Monday, December 29th. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have given a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Zoom Communications currently has a consensus rating of “Moderate Buy” and an average target price of $94.74.

Zoom Communications Stock Down 1.9%

NASDAQ ZM opened at $89.08 on Friday. The firm has a market cap of $26.38 billion, a PE ratio of 17.33, a price-to-earnings-growth ratio of 8.13 and a beta of 0.90. The company has a 50 day moving average price of $87.22 and a 200 day moving average price of $82.68. Zoom Communications, Inc. has a 52 week low of $64.41 and a 52 week high of $97.58.

Zoom Communications (NASDAQ:ZM) last issued its earnings results on Monday, November 24th. The company reported $1.52 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.44 by $0.08. Zoom Communications had a return on equity of 12.20% and a net margin of 33.17%.The company had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.21 billion. During the same quarter last year, the business posted $1.38 EPS. The firm’s quarterly revenue was up 4.4% on a year-over-year basis. Zoom Communications has set its FY 2026 guidance at 5.950-5.970 EPS and its Q4 2026 guidance at 1.480-1.490 EPS. On average, equities research analysts anticipate that Zoom Communications, Inc. will post 2.93 earnings per share for the current fiscal year.

Insider Buying and Selling at Zoom Communications

In other news, COO Aparna Bawa sold 12,137 shares of Zoom Communications stock in a transaction that occurred on Friday, January 16th. The stock was sold at an average price of $81.37, for a total value of $987,587.69. Following the sale, the chief operating officer directly owned 1,978 shares of the company’s stock, valued at $160,949.86. The trade was a 85.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Eric S. Yuan sold 73,378 shares of the business’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $82.73, for a total value of $6,070,561.94. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 253,992 shares of company stock valued at $21,598,230. Insiders own 11.51% of the company’s stock.

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.