Wedge Capital Management L L P NC Has $61.29 Million Stock Holdings in Zoom Communications, Inc. $ZM

Wedge Capital Management L L P NC reduced its holdings in Zoom Communications, Inc. (NASDAQ:ZM) by 7.5% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 710,304 shares of the company’s stock after selling 57,661 shares during the quarter. Zoom Communications makes up about 1.1% of Wedge Capital Management L L P NC’s portfolio, making the stock its 16th largest holding. Wedge Capital Management L L P NC owned about 0.24% of Zoom Communications worth $61,292,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the business. Norges Bank acquired a new position in shares of Zoom Communications during the second quarter worth $539,998,000. AQR Capital Management LLC increased its holdings in Zoom Communications by 23.4% in the third quarter. AQR Capital Management LLC now owns 8,477,057 shares of the company’s stock valued at $699,357,000 after purchasing an additional 1,607,253 shares during the period. Two Sigma Investments LP acquired a new stake in Zoom Communications in the third quarter valued at $86,709,000. Vanguard Group Inc. raised its position in Zoom Communications by 4.0% during the 3rd quarter. Vanguard Group Inc. now owns 25,937,601 shares of the company’s stock worth $2,139,852,000 after purchasing an additional 986,164 shares during the last quarter. Finally, Pacer Advisors Inc. raised its position in Zoom Communications by 54.4% during the 3rd quarter. Pacer Advisors Inc. now owns 2,695,193 shares of the company’s stock worth $222,353,000 after purchasing an additional 949,829 shares during the last quarter. Institutional investors own 66.54% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have commented on ZM shares. Argus raised Zoom Communications to a “hold” rating in a report on Monday, March 9th. Needham & Company LLC reaffirmed a “buy” rating and issued a $100.00 price objective on shares of Zoom Communications in a research note on Friday, March 13th. Zacks Research downgraded shares of Zoom Communications from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 13th. Sanford C. Bernstein lowered their price target on shares of Zoom Communications from $90.00 to $88.00 and set a “market perform” rating for the company in a report on Thursday, February 26th. Finally, Wall Street Zen lowered shares of Zoom Communications from a “buy” rating to a “hold” rating in a research note on Saturday, March 7th. Fourteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $95.32.

Key Stories Impacting Zoom Communications

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

• Positive Sentiment: Analyst support tied to AI momentum — Needham and other bullish voices highlight Zoom’s AI roadmap and see the company as undervalued, with a consensus price target near $97.50 (roughly mid- to high‑teens-to-20s % upside from current levels), which supports upside over a multi‑quarter horizon. Needham Bullish on Zoom Communications
• Positive Sentiment: Product/AI expansions that broaden TAM — Zoom expanded integrations (Pindrop voice-authentication/deepfake detection in Zoom Contact Center) and pushed AI Companion 3.0 features, which could grow contact‑center revenue and enterprise spend beyond core video. Pindrop AI Fraud Detection Expansion
• Neutral Sentiment: Short‑term price context — Coverage pieces note the stock ran up after earnings (a ~5% move since the report) as investors parsed the beat/miss details; these explain recent volatility but don’t resolve the longer-term story. Why Is Zoom Up 5% Since Last Earnings Report?
• Neutral Sentiment: Narrative is splitting — Some analysts lean into AI and Anthropic exposure as growth drivers, while others flag margin trade‑offs and slower revenue growth versus faster SaaS peers; fair‑value estimates were only slightly trimmed, reflecting a divided outlook. How The Narrative For Zoom Is Shifting With AI Bets And Growth Trade Offs
• Negative Sentiment: Mixed earnings fundamentals — Q4 revenue beat modestly (+5.3% YoY) but EPS missed by $0.04; the full‑year picture disappointed some investors, and management provided FY/Q1 EPS guidance that leaves the growth story mixed, prompting profit‑taking. Reddit’s Bull Case for Zoom Has Nothing to Do With Video Calls
• Negative Sentiment: Technical and valuation pressure — the shares are below recent 50/200‑day averages and trading on a mid‑teens PE relative to slower revenue growth, making the stock vulnerable to short‑term selling until clearer evidence of AI‑driven revenue acceleration appears.

Zoom Communications Price Performance

Shares of Zoom Communications stock opened at $77.71 on Friday. The firm has a market cap of $22.90 billion, a price-to-earnings ratio of 12.53, a PEG ratio of 4.54 and a beta of 0.93. The stock’s 50-day moving average is $83.91 and its 200 day moving average is $84.15. Zoom Communications, Inc. has a one year low of $64.41 and a one year high of $97.58.

Zoom Communications (NASDAQ:ZM) last issued its quarterly earnings results on Wednesday, February 25th. The company reported $1.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.48 by ($0.04). The business had revenue of $1.25 billion during 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 quarterly revenue was up 5.3% compared to the same quarter last year. During the same period last year, the firm posted $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, sell-side analysts expect that Zoom Communications, Inc. will post 2.93 EPS for the current fiscal year.

Insider Activity at Zoom Communications

In related news, COO Aparna Bawa sold 12,137 shares of the stock in a transaction on Friday, January 16th. The shares were sold at an average price of $81.37, for a total transaction of $987,587.69. Following the transaction, the chief operating officer directly owned 1,978 shares of the company’s stock, valued at $160,949.86. This represents a 85.99% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Eric S. Yuan sold 47,369 shares of the stock in a transaction dated Tuesday, January 13th. The stock was sold at an average price of $83.65, for a total transaction of $3,962,416.85. The disclosure for this sale is available in the SEC filing. Insiders have sold 109,706 shares of company stock worth $9,299,555 over the last ninety days. 11.51% of the stock is owned by corporate 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.