Vise Technologies Inc. Buys Shares of 3,277 Zoom Communications, Inc. $ZM

Vise Technologies Inc. purchased a new position in shares of Zoom Communications, Inc. (NASDAQ:ZM) in the 2nd quarter, according to the company in its most recent filing with the SEC. The fund purchased 3,277 shares of the company’s stock, valued at approximately $256,000.

A number of other institutional investors and hedge funds have also modified their holdings of the business. Brighton Jones LLC bought a new position in Zoom Communications during the second quarter worth about $817,000. Circle Wealth Management LLC raised its position in shares of Zoom Communications by 201.6% during the first quarter. Circle Wealth Management LLC now owns 20,391 shares of the company’s stock worth $1,504,000 after purchasing an additional 13,629 shares during the period. Nordea Investment Management AB lifted its holdings in shares of Zoom Communications by 2.4% during the 2nd quarter. Nordea Investment Management AB now owns 864,519 shares of the company’s stock valued at $67,147,000 after purchasing an additional 20,642 shares in the last quarter. Kestra Private Wealth Services LLC acquired a new position in shares of Zoom Communications in the 1st quarter valued at approximately $308,000. Finally, Concurrent Investment Advisors LLC bought a new stake in Zoom Communications during the 2nd quarter worth approximately $202,000. 66.54% of the stock is owned by institutional investors.

Analysts Set New Price Targets

A number of brokerages have weighed in on ZM. Robert W. Baird cut their price target on shares of Zoom Communications from $100.00 to $95.00 and set an “outperform” rating on the stock in a research note on Friday, August 22nd. UBS Group assumed coverage on Zoom Communications in a report on Monday, October 20th. They set a “neutral” rating and a $85.00 target price for the company. KeyCorp reduced their price objective on Zoom Communications from $73.00 to $69.00 and set an “underweight” rating for the company in a research report on Friday, August 22nd. Mizuho upped their price target on Zoom Communications from $95.00 to $100.00 and gave the stock an “outperform” rating in a research report on Tuesday, August 26th. Finally, Morgan Stanley began coverage on shares of Zoom Communications in a report on Tuesday, October 21st. They issued an “equal weight” rating and a $85.00 price objective on the stock. One investment analyst has rated the stock with a Strong Buy rating, eleven have issued a Buy rating, sixteen have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $92.35.

Zoom Communications Trading Down 2.8%

NASDAQ:ZM opened at $81.86 on Tuesday. The stock has a market capitalization of $24.77 billion, a PE ratio of 21.60, a P/E/G ratio of 11.49 and a beta of 0.79. Zoom Communications, Inc. has a 1-year low of $64.41 and a 1-year high of $92.80. The firm has a fifty day simple moving average of $83.09 and a 200 day simple moving average of $79.63.

Zoom Communications (NASDAQ:ZM) last announced its quarterly earnings data on Thursday, August 21st. The company reported $0.99 EPS for the quarter, missing analysts’ consensus estimates of $1.38 by ($0.39). The firm had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.20 billion. Zoom Communications had a net margin of 24.99% and a return on equity of 11.91%. The business’s revenue was up 4.7% on a year-over-year basis. During the same period last year, the business earned $1.39 EPS. Zoom Communications has set its FY 2026 guidance at 5.810-5.840 EPS. Q3 2026 guidance at 1.420-1.44 EPS. On average, equities analysts predict that Zoom Communications, Inc. will post 2.93 earnings per share for the current fiscal year.

Insider Transactions at Zoom Communications

In other news, CEO Eric S. Yuan sold 73,378 shares of Zoom Communications stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $86.15, for a total transaction of $6,321,514.70. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, COO Aparna Bawa sold 10,528 shares of the stock in a transaction on Thursday, October 16th. The shares were sold at an average price of $79.77, for a total value of $839,818.56. Following the completion of the sale, the chief operating officer owned 1,978 shares in the company, valued at approximately $157,785.06. This trade represents a 84.18% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 321,470 shares of company stock valued at $26,684,150. Company insiders own 10.78% of the company’s stock.

Zoom Communications Company Profile

Zoom Video Communications, Inc provides unified communications platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company offers Zoom Meetings that offers HD video, voice, chat, and content sharing through mobile devices, desktops, laptops, telephones, and conference room systems; Zoom Phone, an enterprise cloud phone system; and Zoom Chat enables users to share messages, images, audio files, and content in desktop, laptop, tablet, and mobile devices.