Rothschild Wealth LLC Buys Shares of 7,119 Zoom Communications, Inc. $ZM

Rothschild Wealth LLC bought a new stake in shares of Zoom Communications, Inc. (NASDAQ:ZMFree Report) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm bought 7,119 shares of the company’s stock, valued at approximately $614,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Toth Financial Advisory Corp acquired a new stake in shares of Zoom Communications in the 4th quarter valued at $28,000. Sound Income Strategies LLC lifted its stake in shares of Zoom Communications by 94.8% in the 4th quarter. Sound Income Strategies LLC now owns 411 shares of the company’s stock valued at $33,000 after purchasing an additional 200 shares during the last quarter. Activest Wealth Management lifted its stake in shares of Zoom Communications by 4,318.2% in the 4th quarter. Activest Wealth Management now owns 486 shares of the company’s stock valued at $42,000 after purchasing an additional 475 shares during the last quarter. MAI Capital Management lifted its stake in shares of Zoom Communications by 34.7% in the 3rd quarter. MAI Capital Management now owns 579 shares of the company’s stock valued at $48,000 after purchasing an additional 149 shares during the last quarter. Finally, REAP Financial Group LLC lifted its stake in shares of Zoom Communications by 67.0% in the 3rd quarter. REAP Financial Group LLC now owns 593 shares of the company’s stock valued at $49,000 after purchasing an additional 238 shares during the last quarter. Institutional investors and hedge funds own 66.54% of the company’s stock.

Analyst Ratings Changes

Several equities research analysts recently issued reports on ZM shares. Morgan Stanley lifted their price objective on shares of Zoom Communications from $92.00 to $105.00 and gave the company an “equal weight” rating in a research note on Friday, May 22nd. Wells Fargo & Company lifted their price objective on shares of Zoom Communications from $90.00 to $105.00 and gave the company an “equal weight” rating in a research note on Friday, May 22nd. Sanford C. Bernstein reduced their price objective on shares of Zoom Communications from $90.00 to $88.00 and set a “market perform” rating for the company in a research note on Thursday, February 26th. Zacks Research lowered shares of Zoom Communications from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 13th. 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 investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Zoom Communications has a consensus rating of “Moderate Buy” and a consensus price target of $108.15.

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Insider Activity at Zoom Communications

In related news, insider Velchamy Sankarlingam sold 7,645 shares of the company’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $85.44, for a total value of $653,188.80. Following the sale, the insider owned 141,971 shares of the company’s stock, valued at $12,130,002.24. The trade was a 5.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Michelle Chang sold 8,489 shares of the company’s stock in a transaction dated Friday, April 10th. The shares were sold at an average price of $81.32, for a total transaction of $690,325.48. Following the completion of the sale, the chief financial officer directly owned 30,467 shares in the company, valued at approximately $2,477,576.44. The trade was a 21.79% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last 90 days, insiders have sold 144,329 shares of company stock worth $12,364,989. Insiders own 11.51% of the company’s stock.

Zoom Communications Stock Performance

NASDAQ:ZM opened at $111.62 on Tuesday. The firm’s 50-day moving average is $92.06 and its 200-day moving average is $87.57. Zoom Communications, Inc. has a 52-week low of $69.15 and a 52-week high of $114.74. The company has a market cap of $32.89 billion, a price-to-earnings ratio of 16.39, a PEG ratio of 5.79 and a beta of 1.00.

Zoom Communications (NASDAQ:ZMGet Free Report) last posted its quarterly earnings data on Thursday, May 21st. The company reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.42 by $0.13. Zoom Communications had a net margin of 41.99% and a return on equity of 11.87%. The company had revenue of $1.24 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same quarter in the previous year, the firm posted $1.43 EPS. The business’s revenue was up 5.5% compared to the same quarter last year. Zoom Communications has set its FY 2027 guidance at 5.960-6.000 EPS and its Q2 2027 guidance at 1.450-1.470 EPS. Equities analysts predict that Zoom Communications, Inc. will post 3.96 EPS for the current year.

Zoom Communications Company Profile

(Free Report)

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.

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Institutional Ownership by Quarter for Zoom Communications (NASDAQ:ZM)

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