Axa S.A. Boosts Holdings in Zoom Communications, Inc. $ZM

Axa S.A. lifted its position in Zoom Communications, Inc. (NASDAQ:ZM) by 122.6% in the second quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 124,744 shares of the company’s stock after purchasing an additional 68,692 shares during the quarter. Axa S.A.’s holdings in Zoom Communications were worth $9,728,000 at the end of the most recent quarter.

Several other large investors have also modified their holdings of ZM. Norges Bank acquired a new stake in shares of Zoom Communications during the 2nd quarter valued at approximately $539,998,000. Acadian Asset Management LLC grew its position in Zoom Communications by 41.1% in the second quarter. Acadian Asset Management LLC now owns 3,769,480 shares of the company’s stock valued at $293,909,000 after acquiring an additional 1,097,333 shares in the last quarter. Robeco Institutional Asset Management B.V. boosted its holdings in Zoom Communications by 63.5% in the second quarter. Robeco Institutional Asset Management B.V. now owns 2,137,093 shares of the company’s stock valued at $166,651,000 after purchasing an additional 830,393 shares during the last quarter. Arrowstreet Capital Limited Partnership raised its stake in shares of Zoom Communications by 48.8% in the 2nd quarter. Arrowstreet Capital Limited Partnership now owns 1,809,252 shares of the company’s stock valued at $141,085,000 after purchasing an additional 593,748 shares in the last quarter. Finally, Nuveen LLC bought a new stake in Zoom Communications during the first quarter valued at $37,646,000. Hedge funds and other institutional investors own 66.54% of the company’s stock.

Insider Transactions at Zoom Communications

In other news, insider Velchamy Sankarlingam sold 2,595 shares of the firm’s stock in a transaction that occurred on Wednesday, December 10th. The shares were sold at an average price of $87.84, for a total transaction of $227,944.80. Following the completion of the transaction, the insider directly owned 133,659 shares of the company’s stock, valued at $11,740,606.56. This trade represents a 1.90% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Eric S. Yuan sold 73,378 shares of Zoom Communications stock in a transaction that occurred on Monday, November 17th. The shares were 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. Insiders sold a total of 389,373 shares of company stock worth $32,325,274 in the last 90 days. 11.51% of the stock is owned by corporate insiders.

Zoom Communications Stock Performance

ZM opened at $90.24 on Friday. The firm has a market cap of $26.72 billion, a PE ratio of 17.56, a price-to-earnings-growth ratio of 7.98 and a beta of 0.81. The firm’s fifty day moving average is $83.28 and its two-hundred day moving average is $80.05. Zoom Communications, Inc. has a twelve month low of $64.41 and a twelve month high of $91.04.

Zoom Communications (NASDAQ:ZM) last announced its earnings results on Monday, November 24th. The company reported $1.52 earnings per share for the quarter, topping analysts’ consensus estimates of $1.44 by $0.08. The firm had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.21 billion. Zoom Communications had a net margin of 33.17% and a return on equity of 12.20%. The company’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same period in the prior year, the business earned $1.38 EPS. 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. Equities analysts forecast that Zoom Communications, Inc. will post 2.93 EPS for the current fiscal year.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on ZM. Jefferies Financial Group increased their price objective on Zoom Communications from $100.00 to $105.00 and gave the stock a “buy” rating in a report on Tuesday, November 25th. Citigroup lifted their price objective on Zoom Communications from $85.00 to $94.00 and gave the company a “neutral” rating in a research report on Monday, November 17th. Benchmark raised their price objective on Zoom Communications from $102.00 to $110.00 and gave the company a “buy” rating in a research note on Thursday, September 18th. JMP Securities reissued a “market perform” rating on shares of Zoom Communications in a research report on Thursday, September 18th. Finally, Mizuho boosted their price objective on Zoom Communications from $95.00 to $100.00 and gave the company an “outperform” rating in a research report on Tuesday, August 26th. Eleven research analysts have rated the stock with a Buy rating, fourteen have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Hold” and an average target price of $92.43.

Zoom Communications Company Profile

Zoom Video Communications, Inc provides unified communications platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company offers Zoom Meetings that offers HD video, voice, chat, and content sharing through mobile devices, desktops, laptops, telephones, and conference room systems; Zoom Phone, an enterprise cloud phone system; and Zoom Chat enables users to share messages, images, audio files, and content in desktop, laptop, tablet, and mobile devices.