Zoom Communications, Inc. $ZM Shares Purchased by LSV Asset Management

LSV Asset Management increased its holdings in Zoom Communications, Inc. (NASDAQ:ZM) by 5.0% in the 3rd quarter, according to its most recent disclosure with the SEC. The firm owned 1,069,440 shares of the company’s stock after acquiring an additional 50,579 shares during the period. LSV Asset Management owned approximately 0.35% of Zoom Communications worth $88,229,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently added to or reduced their stakes in ZM. Elevation Point Wealth Partners LLC purchased a new position in shares of Zoom Communications during the 2nd quarter worth $27,000. FNY Investment Advisers LLC purchased a new stake in Zoom Communications in the 2nd quarter valued at about $31,000. Root Financial Partners LLC acquired a new position in Zoom Communications in the third quarter valued at about $33,000. Quent Capital LLC purchased a new position in Zoom Communications during the third quarter worth about $34,000. Finally, Cloud Capital Management LLC purchased a new position in Zoom Communications during the third quarter worth about $42,000. Institutional investors and hedge funds own 66.54% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on the stock. BTIG Research assumed coverage on shares of Zoom Communications in a research note on Tuesday, December 16th. They issued a “buy” rating and a $105.00 price target on the stock. Wall Street Zen lowered Zoom Communications from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 15th. Citigroup upgraded Zoom Communications from a “neutral” rating to a “buy” rating and upped their price target for the stock from $94.00 to $106.00 in a research note on Monday, January 12th. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $90.00 price objective on shares of Zoom Communications in a research note on Tuesday, November 25th. Finally, JPMorgan Chase & Co. boosted their price objective on Zoom Communications from $85.00 to $90.00 and gave the company a “neutral” rating in a report on Tuesday, November 25th. One research analyst has rated the stock with a Strong Buy rating, fourteen have issued a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $94.74.

Zoom Communications Trading Up 0.1%

Zoom Communications stock opened at $92.24 on Friday. Zoom Communications, Inc. has a twelve month low of $64.41 and a twelve month high of $97.58. The stock’s fifty day simple moving average is $88.03 and its 200-day simple moving average is $83.31. The firm has a market capitalization of $27.31 billion, a P/E ratio of 17.95, a P/E/G ratio of 8.25 and a beta of 0.90.

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

Insider Buying and Selling at Zoom Communications

In related news, Director Santiago Subotovsky sold 2,475 shares of the company’s stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $86.01, for a total transaction of $212,874.75. Following the sale, the director directly owned 145,219 shares in the company, valued at approximately $12,490,286.19. This represents a 1.68% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Eric S. Yuan sold 73,378 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $82.73, for a total transaction of $6,070,561.94. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 256,467 shares of company stock valued at $21,821,945. 11.51% of the stock is currently owned by company 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.