Zoom Communications, Inc. $ZM Shares Sold by Mediolanum International Funds Ltd

Mediolanum International Funds Ltd trimmed its position in shares of Zoom Communications, Inc. (NASDAQ:ZM) by 4.9% in the third quarter, Holdings Channel.com reports. The firm owned 188,026 shares of the company’s stock after selling 9,599 shares during the period. Mediolanum International Funds Ltd’s holdings in Zoom Communications were worth $15,719,000 as of its most recent SEC filing.

Several other large investors also recently modified their holdings of ZM. NewEdge Advisors LLC raised its position in shares of Zoom Communications by 16.8% in the 1st quarter. NewEdge Advisors LLC now owns 8,009 shares of the company’s stock valued at $591,000 after purchasing an additional 1,153 shares in the last quarter. Intech Investment Management LLC increased its holdings in shares of Zoom Communications by 59.1% in the 1st quarter. Intech Investment Management LLC now owns 16,785 shares of the company’s stock valued at $1,238,000 after acquiring an additional 6,235 shares during the last quarter. Geneos Wealth Management Inc. raised its holdings in shares of Zoom Communications by 82.0% during the first quarter. Geneos Wealth Management Inc. now owns 881 shares of the company’s stock worth $65,000 after purchasing an additional 397 shares during the period. Sivia Capital Partners LLC acquired a new position in shares of Zoom Communications in the 2nd quarter valued at about $217,000. Finally, Truist Financial Corp raised its stake in Zoom Communications by 20.0% during the second quarter. Truist Financial Corp now owns 7,150 shares of the company’s stock worth $558,000 after acquiring an additional 1,192 shares during the period. 66.54% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling

In other news, CEO Eric S. Yuan sold 73,378 shares of Zoom Communications stock in a transaction dated Monday, November 17th. The stock was sold at an average price of $82.73, for a total value of $6,070,561.94. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Velchamy Sankarlingam sold 7,568 shares of Zoom Communications stock in a transaction that occurred on Monday, January 12th. The stock was sold at an average price of $86.55, for a total value of $655,010.40. Following the completion of the transaction, the insider directly owned 136,182 shares in the company, valued at approximately $11,786,552.10. This represents a 5.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last 90 days, insiders have sold 244,367 shares of company stock valued at $20,681,080. 10.78% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of equities analysts have commented on the company. Jefferies Financial Group lifted their target price on Zoom Communications from $100.00 to $105.00 and gave the company a “buy” rating in a research note on Tuesday, November 25th. JPMorgan Chase & Co. increased their target price on Zoom Communications from $85.00 to $90.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 25th. Wedbush restated an “outperform” rating and set a $95.00 price target on shares of Zoom Communications in a research report on Tuesday, November 25th. Cantor Fitzgerald restated a “neutral” rating and issued a $87.00 target price on shares of Zoom Communications in a research report on Tuesday, November 25th. Finally, Rosenblatt Securities reiterated a “buy” rating and set a $115.00 price target on shares of Zoom Communications in a research report on Tuesday, November 25th. One research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of $93.82.

Zoom Communications Stock Down 0.5%

Shares of Zoom Communications stock opened at $92.10 on Monday. Zoom Communications, Inc. has a 12-month low of $64.41 and a 12-month high of $97.58. The stock’s fifty day moving average is $86.67 and its 200-day moving average is $82.35. The firm has a market capitalization of $27.27 billion, a PE ratio of 17.92, a price-to-earnings-growth ratio of 8.27 and a beta of 0.90.

Zoom Communications (NASDAQ:ZM) last released its quarterly earnings data on Monday, November 24th. The company reported $1.52 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $0.08. The firm had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.21 billion. Zoom Communications had a return on equity of 12.20% and a net margin of 33.17%.The firm’s revenue was up 4.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.38 earnings per share. 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. Analysts expect that Zoom Communications, Inc. will post 2.93 EPS for the current year.

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.