Zoom Communications, Inc. $ZM Shares Bought by Campbell & CO Investment Adviser LLC

Campbell & CO Investment Adviser LLC grew its stake in Zoom Communications, Inc. (NASDAQ:ZM) by 924.4% during the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 91,973 shares of the company’s stock after purchasing an additional 82,995 shares during the quarter. Zoom Communications makes up 0.5% of Campbell & CO Investment Adviser LLC’s holdings, making the stock its 13th biggest position. Campbell & CO Investment Adviser LLC’s holdings in Zoom Communications were worth $7,172,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors and hedge funds have also modified their holdings of ZM. Principal Financial Group Inc. raised its holdings in shares of Zoom Communications by 18.5% during the 1st quarter. Principal Financial Group Inc. now owns 175,918 shares of the company’s stock worth $12,977,000 after acquiring an additional 27,430 shares during the period. Brighton Jones LLC acquired a new stake in Zoom Communications during the second quarter worth about $817,000. Circle Wealth Management LLC raised its stake in 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 boosted its holdings in Zoom Communications by 2.4% in 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 during the last quarter. Finally, Kestra Private Wealth Services LLC acquired a new position in Zoom Communications in the 1st quarter valued at about $308,000. Hedge funds and other institutional investors own 66.54% of the company’s stock.

Insider Activity at Zoom Communications

In related news, COO Aparna Bawa sold 10,528 shares of Zoom Communications stock in a transaction that occurred 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 transaction, the chief operating officer owned 1,978 shares in the company, valued at approximately $157,785.06. The trade was a 84.18% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO Eric S. Yuan sold 73,378 shares of the company’s 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 SEC filing for this sale provides additional information. Over the last three months, insiders sold 321,470 shares of company stock valued at $26,684,150. 11.51% of the stock is owned by company insiders.

Zoom Communications Stock Down 0.6%

NASDAQ:ZM opened at $81.69 on Friday. Zoom Communications, Inc. has a 52 week low of $64.41 and a 52 week high of $92.80. The stock’s fifty day moving average is $83.00 and its two-hundred day moving average is $79.28. The stock has a market capitalization of $24.72 billion, a price-to-earnings ratio of 21.55, a price-to-earnings-growth ratio of 11.15 and a beta of 0.79.

Zoom Communications (NASDAQ:ZM) last issued its quarterly earnings data on Thursday, August 21st. The company reported $0.99 earnings per share for the quarter, missing analysts’ consensus estimates of $1.38 by ($0.39). Zoom Communications had a net margin of 24.99% and a return on equity of 11.91%. The firm had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.20 billion. During the same period in the previous year, the firm posted $1.39 earnings per share. The company’s quarterly revenue was up 4.7% compared to the same quarter last year. 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, sell-side analysts expect that Zoom Communications, Inc. will post 2.93 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

ZM has been the subject of a number of recent analyst reports. Wall Street Zen upgraded shares of Zoom Communications from a “buy” rating to a “strong-buy” rating in a report on Sunday, September 28th. Weiss Ratings reiterated a “hold (c+)” rating on shares of Zoom Communications in a research report on Tuesday, October 14th. Morgan Stanley began coverage on Zoom Communications in a research report on Tuesday, October 21st. They issued an “equal weight” rating and a $85.00 target price on the stock. Zacks Research raised Zoom Communications from a “hold” rating to a “strong-buy” rating in a research note on Thursday, September 18th. Finally, Wells Fargo & Company started coverage on Zoom Communications in a report on Tuesday, September 30th. They set an “equal weight” rating and a $90.00 price target for the company. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, fifteen have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, Zoom Communications currently has an average rating of “Hold” and an average price target of $91.74.

About Zoom Communications

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.