Zoom Communications, Inc. $ZM Shares Acquired by Focus Partners Advisor Solutions LLC

Focus Partners Advisor Solutions LLC lifted its stake in shares of Zoom Communications, Inc. (NASDAQ:ZM) by 45.3% in the fourth quarter, Holdings Channel reports. The institutional investor owned 42,702 shares of the company’s stock after buying an additional 13,316 shares during the quarter. Focus Partners Advisor Solutions LLC’s holdings in Zoom Communications were worth $3,685,000 as of its most recent SEC filing.

A number of other hedge funds have also made changes to their positions in the stock. Waddell & Associates LLC grew its position in shares of Zoom Communications by 67.5% during the fourth quarter. Waddell & Associates LLC now owns 9,216 shares of the company’s stock worth $795,000 after buying an additional 3,713 shares in the last quarter. Cerity Partners LLC grew its position in shares of Zoom Communications by 204.2% during the fourth quarter. Cerity Partners LLC now owns 704,183 shares of the company’s stock worth $60,764,000 after buying an additional 472,690 shares in the last quarter. West Family Investments Inc. grew its position in shares of Zoom Communications by 16.8% during the fourth quarter. West Family Investments Inc. now owns 3,281 shares of the company’s stock worth $283,000 after buying an additional 473 shares in the last quarter. Erste Asset Management GmbH acquired a new stake in shares of Zoom Communications during the fourth quarter worth approximately $543,000. Finally, O Shaughnessy Asset Management LLC grew its position in shares of Zoom Communications by 56.8% during the fourth quarter. O Shaughnessy Asset Management LLC now owns 6,122 shares of the company’s stock worth $528,000 after buying an additional 2,218 shares in the last quarter. Institutional investors and hedge funds own 66.54% of the company’s stock.

Zoom Communications Stock Performance

ZM stock opened at $96.83 on Wednesday. The stock has a market capitalization of $28.39 billion, a price-to-earnings ratio of 14.22, a PEG ratio of 5.61 and a beta of 1.01. Zoom Communications, Inc. has a 1 year low of $69.15 and a 1 year high of $114.74. The stock’s fifty day moving average is $95.20 and its two-hundred day moving average is $88.46.

Zoom Communications (NASDAQ:ZM) last posted its earnings results on Thursday, May 21st. The company reported $1.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.42 by $0.13. The company had revenue of $1.24 billion for the quarter, compared to analysts’ expectations of $1.22 billion. Zoom Communications had a return on equity of 11.87% and a net margin of 41.99%.The firm’s quarterly revenue was up 5.5% compared to the same quarter last year. During the same period last year, the business posted $1.43 earnings per share. 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, analysts predict that Zoom Communications, Inc. will post 4.06 EPS for the current fiscal year.

Wall Street Analyst Weigh In

ZM has been the subject of a number of recent analyst reports. KeyCorp raised shares of Zoom Communications from an “underweight” rating to a “sector weight” rating in a research report on Friday, May 22nd. Benchmark raised their price target on shares of Zoom Communications from $115.00 to $121.00 and gave the stock a “buy” rating in a research report on Thursday, May 21st. BTIG Research raised their price objective on Zoom Communications from $100.00 to $125.00 and gave the stock a “buy” rating in a research note on Friday, May 22nd. Rosenblatt Securities raised their price objective on Zoom Communications from $115.00 to $130.00 and gave the stock a “buy” rating in a research note on Friday, May 22nd. Finally, Cantor Fitzgerald raised their price objective on Zoom Communications from $87.00 to $104.00 and gave the stock a “neutral” rating in a research note on Friday, May 22nd. Fifteen research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company. Based on data from MarketBeat.com, Zoom Communications presently has an average rating of “Moderate Buy” and a consensus price target of $109.33.

Insider Buying and Selling

In other Zoom Communications news, Director Santiago Subotovsky sold 5,274 shares of the firm’s stock in a transaction on Monday, June 1st. The stock was sold at an average price of $109.78, for a total value of $578,979.72. Following the sale, the director directly owned 137,608 shares in the company, valued at approximately $15,106,606.24. This trade represents a 3.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Eric S. Yuan sold 12,100 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $111.61, for a total value of $1,350,481.00. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders have sold 156,638 shares of company stock valued at $13,900,194. 10.78% of the stock is owned by corporate insiders.

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.