Shelton Capital Management Increases Stock Position in Zoom Communications, Inc. $ZM

Shelton Capital Management raised its holdings in shares of Zoom Communications, Inc. (NASDAQ:ZM) by 519.3% during the 2nd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 215,500 shares of the company’s stock after purchasing an additional 180,700 shares during the period. Shelton Capital Management owned approximately 0.07% of Zoom Communications worth $16,805,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also modified their holdings of the business. SouthState Corp bought a new position in shares of Zoom Communications during the first quarter valued at $25,000. Elevation Point Wealth Partners LLC bought a new stake in Zoom Communications in the 2nd quarter worth about $27,000. REAP Financial Group LLC raised its position in 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. GKV Capital Management Co. Inc. purchased a new position in Zoom Communications in the 1st quarter worth about $31,000. Finally, FNY Investment Advisers LLC bought a new position in Zoom Communications during the 2nd quarter valued at about $31,000. Institutional investors own 66.54% of the company’s stock.

Zoom Communications Trading Up 0.6%

Shares of NASDAQ:ZM opened at $84.93 on Monday. The stock has a 50 day moving average of $82.54 and a 200 day moving average of $79.72. The company has a market cap of $25.69 billion, a PE ratio of 16.52, a price-to-earnings-growth ratio of 7.70 and a beta of 0.81. Zoom Communications, Inc. has a 12-month low of $64.41 and a 12-month high of $91.04.

Zoom Communications (NASDAQ:ZM) last issued its quarterly earnings results on Monday, November 24th. The company reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.44 by $0.08. The business had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.21 billion. Zoom Communications had a net margin of 33.17% and a return on equity of 12.20%. The company’s revenue for the quarter was up 4.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned $1.38 earnings per share. Zoom Communications has set its FY 2026 guidance at 5.950-5.970 EPS. Q4 2026 guidance at 1.480-1.490 EPS. Equities research analysts predict 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, Director Santiago Subotovsky sold 2,475 shares of the firm’s stock in a transaction dated Tuesday, November 4th. The stock was sold at an average price of $84.15, for a total transaction of $208,271.25. Following the completion of the transaction, the director owned 150,169 shares in the company, valued at $12,636,721.35. This trade represents a 1.62% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at the SEC website. Also, COO Aparna Bawa sold 10,528 shares of Zoom Communications stock in a transaction that occurred on Thursday, October 16th. The stock was 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 of the company’s stock, valued at approximately $157,785.06. This trade represents a 84.18% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 389,373 shares of company stock worth $32,311,579. Insiders own 10.78% of the company’s stock.

Analysts Set New Price Targets

Several research firms have recently weighed in on ZM. Stifel Nicolaus boosted their price objective on shares of Zoom Communications from $80.00 to $90.00 and gave the company a “hold” rating in a report on Thursday, September 18th. Sanford C. Bernstein restated a “market perform” rating and issued a $90.00 price target on shares of Zoom Communications in a research note on Tuesday, November 25th. Rosenblatt Securities reiterated a “buy” rating and set a $115.00 price objective on shares of Zoom Communications in a research report on Tuesday, November 25th. Jefferies Financial Group raised their target price on Zoom Communications from $100.00 to $105.00 and gave the stock a “buy” rating in a research report on Tuesday, November 25th. Finally, Benchmark increased their price objective on shares of Zoom Communications from $102.00 to $110.00 and gave the stock a “buy” rating in a research note on Thursday, September 18th. Ten investment analysts have rated the stock with a Buy rating, fifteen have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, Zoom Communications has an average rating of “Hold” and a consensus target price of $92.43.

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.