Swiss National Bank Sells 47,500 Shares of Zoom Communications, Inc. $ZM

Swiss National Bank trimmed its stake in Zoom Communications, Inc. (NASDAQ:ZM) by 6.2% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 712,700 shares of the company’s stock after selling 47,500 shares during the period. Swiss National Bank owned 0.24% of Zoom Communications worth $58,798,000 at the end of the most recent quarter.

A number of other hedge funds have also recently made changes to their positions in the stock. Candriam S.C.A. raised its holdings in shares of Zoom Communications by 49.4% in the second quarter. Candriam S.C.A. now owns 16,560 shares of the company’s stock worth $1,291,000 after buying an additional 5,477 shares during the last quarter. Mitsubishi UFJ Asset Management Co. Ltd. increased its position in shares of Zoom Communications by 10.5% in the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 238,753 shares of the company’s stock valued at $19,697,000 after acquiring an additional 22,704 shares during the period. Strive Asset Management LLC purchased a new position in Zoom Communications in the 3rd quarter worth $1,238,000. LSV Asset Management lifted its position in Zoom Communications by 5.0% during the 3rd quarter. LSV Asset Management now owns 1,069,440 shares of the company’s stock worth $88,229,000 after acquiring an additional 50,579 shares during the period. Finally, Catalyst Funds Management Pty Ltd purchased a new stake in Zoom Communications during the 2nd quarter valued at about $1,248,000. 66.54% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting Zoom Communications

Here are the key news stories impacting Zoom Communications this week:

• Positive Sentiment: Zoom expanded its enterprise “agentic” AI platform and rolled out AI Companion 3.0 plus custom AI agents to orchestrate workflows across meetings, Phone, CX and Workplace — a product push that could drive enterprise upsells and stickier revenue. Zoom expands enterprise agentic AI platform to orchestrate workflows across collaboration and customer experience
• Positive Sentiment: TechCrunch reports Zoom launched an AI-powered office suite (Docs, Slides, Sheets), an AI agent builder, voice translation and imminent AI avatars for meetings — new product initiatives that broaden revenue opportunities beyond Meetings. Zoom introduces an AI-powered office suite, says AI avatars for meetings arrive this month
• Positive Sentiment: PCI Pal expanded its partnership to add secure, compliant payment capabilities to Zoom Virtual Agent — a niche but valuable CX integration that can enhance Zoom’s customer-experience (CX) product value and enterprise adoption. PCI Pal Advances AI-Driven Customer Engagement with Secure Payment Experiences for Zoom Virtual Agent
• Positive Sentiment: Coverage reiterating Zoom’s focus on AI integration and enterprise revenue growth (citing CFO comments at the Morgan Stanley TMT conference) supports the narrative of strategic refocus toward higher-value enterprise offerings. Zoom Communications, Inc. (ZM) Focused on AI Integration and Enterprise Revenue Growth
• Neutral Sentiment: Argus moved Zoom to a “hold” rating — not a strong buy signal, but also not a downgrade to sell; this may temper bullish sentiment without creating a major catalyst. Argus upgrade to hold
• Neutral Sentiment: An article on small-cap Russell 2000 names appeared in coverage; this is likely immaterial to Zoom’s story and investor reaction given Zoom’s market cap and enterprise focus. 3 Russell 2000 Stocks We Think Twice About
• Negative Sentiment: An insider (Velchamy Sankarlingam) sold 2,590 shares (~$202k) on Mar 10, reducing his stake ~1.85% — a small but visible insider sale that can be interpreted negatively by short-term investors. Insider sale filing

Insider Activity

In related news, Director Santiago Subotovsky sold 2,475 shares of the business’s stock in a transaction on Wednesday, March 4th. The shares were sold at an average price of $77.42, for a total value of $191,614.50. Following the completion of the sale, the director owned 153,442 shares of the company’s stock, valued at approximately $11,879,479.64. The trade was a 1.59% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CEO Eric S. Yuan sold 73,378 shares of the company’s stock in a transaction on Tuesday, December 16th. The stock was sold at an average price of $87.29, for a total transaction of $6,405,165.62. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 183,084 shares of company stock worth $15,704,721. Insiders own 11.51% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on ZM shares. Citizens Jmp reaffirmed a “market perform” rating on shares of Zoom Communications in a report on Tuesday, February 24th. Needham & Company LLC reissued a “buy” rating and set a $100.00 price target on shares of Zoom Communications in a research report on Tuesday, November 25th. Benchmark dropped their price objective on shares of Zoom Communications from $115.00 to $110.00 and set a “buy” rating on the stock in a report on Tuesday, February 24th. KeyCorp raised their target price on shares of Zoom Communications from $69.00 to $74.00 and gave the stock an “underweight” rating in a report on Thursday, February 26th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a $100.00 target price on shares of Zoom Communications in a research report on Tuesday, November 25th. Fourteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Hold” and a consensus target price of $95.32.

Zoom Communications Stock Performance

ZM opened at $76.05 on Thursday. The company has a fifty day moving average of $85.82 and a two-hundred day moving average of $84.62. The stock has a market capitalization of $22.52 billion, a price-to-earnings ratio of 12.27, a PEG ratio of 4.37 and a beta of 0.93. Zoom Communications, Inc. has a fifty-two week low of $64.41 and a fifty-two week high of $97.58.

Zoom Communications (NASDAQ:ZM) last posted its earnings results on Wednesday, February 25th. The company reported $1.44 EPS for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.04). The business had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.23 billion. Zoom Communications had a net margin of 39.03% and a return on equity of 11.88%. Zoom Communications’s revenue was up 5.3% on a year-over-year basis. During the same quarter last year, the business earned $1.41 earnings per share. Zoom Communications has set its FY 2027 guidance at 5.770-5.810 EPS and its Q1 2027 guidance at 1.400-1.420 EPS. On average, equities research analysts forecast that Zoom Communications, Inc. will post 2.93 earnings per share 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.