Kepler Cheuvreux Suisse SA Makes New $18.60 Million Investment in Zoom Communications, Inc. $ZM

Kepler Cheuvreux Suisse SA acquired a new stake in Zoom Communications, Inc. (NASDAQ:ZM) during the third quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 225,436 shares of the company’s stock, valued at approximately $18,597,000. Kepler Cheuvreux Suisse SA owned about 0.07% of Zoom Communications as of its most recent filing with the SEC.

Several other large investors also recently modified their holdings of the company. Wynn Capital LLC lifted its holdings in Zoom Communications by 1.3% in the third quarter. Wynn Capital LLC now owns 10,429 shares of the company’s stock valued at $860,000 after buying an additional 130 shares during the period. MAI Capital Management grew its holdings in Zoom Communications by 34.7% during the 3rd quarter. MAI Capital Management now owns 579 shares of the company’s stock worth $48,000 after acquiring an additional 149 shares during the period. Penserra Capital Management LLC raised its position in shares of Zoom Communications by 12.6% in the 2nd quarter. Penserra Capital Management LLC now owns 1,446 shares of the company’s stock worth $111,000 after acquiring an additional 162 shares in the last quarter. Daiwa Securities Group Inc. raised its position in shares of Zoom Communications by 0.7% in the 2nd quarter. Daiwa Securities Group Inc. now owns 24,395 shares of the company’s stock worth $1,902,000 after acquiring an additional 181 shares in the last quarter. Finally, Yousif Capital Management LLC lifted its stake in shares of Zoom Communications by 4.5% in the 3rd quarter. Yousif Capital Management LLC now owns 4,552 shares of the company’s stock valued at $376,000 after purchasing an additional 198 shares during the period. 66.54% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several research firms recently commented on ZM. Citigroup raised Zoom Communications from a “neutral” rating to a “buy” rating and raised their target price for the stock from $94.00 to $106.00 in a research note on Monday, January 12th. Wall Street Zen lowered Zoom Communications from a “buy” rating to a “hold” rating in a research note on Saturday. Needham & Company LLC restated a “buy” rating and set a $100.00 price target on shares of Zoom Communications in a report on Tuesday, November 25th. KeyCorp raised their price objective on shares of Zoom Communications from $69.00 to $74.00 and gave the stock an “underweight” rating in a research report on Thursday, February 26th. Finally, Wedbush reiterated an “outperform” rating and issued a $95.00 price objective on shares of Zoom Communications in a research note on Tuesday, November 25th. Fourteen equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $95.32.

Insider Buying and Selling

In other Zoom Communications news, CFO Michelle Chang sold 8,417 shares of the business’s stock in a transaction on Monday, January 12th. The shares were sold at an average price of $86.54, for a total transaction of $728,407.18. Following the completion of the sale, the chief financial officer owned 25,482 shares in the company, valued at approximately $2,205,212.28. The trade was a 24.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, CEO Eric S. Yuan sold 73,378 shares of the business’s stock in a transaction on Tuesday, December 16th. The shares were 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. Insiders sold 180,494 shares of company stock worth $15,502,079 over the last quarter. Corporate insiders own 10.78% of the company’s stock.

Zoom Communications Price Performance

Shares of Zoom Communications stock opened at $76.38 on Wednesday. The business has a 50-day simple moving average of $86.02 and a 200 day simple moving average of $84.68. Zoom Communications, Inc. has a one year low of $64.41 and a one year high of $97.58. The firm has a market capitalization of $22.62 billion, a price-to-earnings ratio of 12.32, a PEG ratio of 4.40 and a beta of 0.93.

Zoom Communications (NASDAQ:ZM) last announced 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). Zoom Communications had a return on equity of 11.88% and a net margin of 39.03%.The firm had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter in the previous year, the company posted $1.41 EPS. The firm’s revenue was up 5.3% on a year-over-year basis. 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 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.