Board of the Pension Protection Fund Boosts Holdings in Zoom Communications, Inc. $ZM

Board of the Pension Protection Fund grew its position in Zoom Communications, Inc. (NASDAQ:ZM) by 153.7% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 17,000 shares of the company’s stock after acquiring an additional 10,300 shares during the quarter. Zoom Communications comprises about 1.4% of Board of the Pension Protection Fund’s portfolio, making the stock its 19th largest position. Board of the Pension Protection Fund’s holdings in Zoom Communications were worth $1,402,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Elevation Point Wealth Partners LLC bought a new position in Zoom Communications during the 2nd quarter valued at about $27,000. REAP Financial Group LLC lifted its stake in Zoom Communications by 181.7% in the second quarter. REAP Financial Group LLC now owns 355 shares of the company’s stock worth $28,000 after purchasing an additional 229 shares during the last quarter. GKV Capital Management Co. Inc. purchased a new position in shares of Zoom Communications during the first quarter valued at approximately $31,000. FNY Investment Advisers LLC bought a new position in shares of Zoom Communications during the second quarter valued at approximately $31,000. Finally, Brooklyn Investment Group raised its holdings in shares of Zoom Communications by 277.8% in the first quarter. Brooklyn Investment Group now owns 442 shares of the company’s stock worth $33,000 after buying an additional 325 shares during the period. Institutional investors own 66.54% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently issued reports on ZM. Robert W. Baird dropped their price objective on Zoom Communications from $100.00 to $95.00 and set an “outperform” rating for the company in a report on Friday, August 22nd. Dbs Bank upgraded Zoom Communications to a “moderate buy” rating in a research report on Tuesday, September 16th. UBS Group began coverage on shares of Zoom Communications in a report on Monday, October 20th. They issued a “neutral” rating and a $85.00 price target on the stock. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $100.00 price target on shares of Zoom Communications in a research note on Tuesday, November 25th. Finally, Wells Fargo & Company assumed coverage on shares of Zoom Communications in a research report on Tuesday, September 30th. They issued an “equal weight” rating and a $90.00 price objective for the company. Twelve research analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average target price of $93.00.

Zoom Communications Price Performance

ZM stock opened at $89.82 on Friday. Zoom Communications, Inc. has a 1-year low of $64.41 and a 1-year high of $91.43. The business has a 50-day moving average price of $84.23 and a 200 day moving average price of $80.41. The company has a market capitalization of $26.60 billion, a P/E ratio of 17.47, a PEG ratio of 8.03 and a beta of 0.81.

Zoom Communications (NASDAQ:ZM) last posted its earnings results on Monday, November 24th. The company reported $1.52 EPS for the quarter, beating analysts’ consensus estimates of $1.44 by $0.08. Zoom Communications had a net margin of 33.17% and a return on equity of 12.20%. The business had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.21 billion. During the same quarter last year, the firm posted $1.38 EPS. The company’s revenue for the quarter was up 4.4% on a year-over-year basis. 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. On average, analysts anticipate that Zoom Communications, Inc. will post 2.93 earnings per share for the current fiscal year.

Insider Buying and Selling at Zoom Communications

In other news, CFO Michelle Chang sold 33,956 shares of Zoom Communications stock in a transaction on Friday, October 10th. The stock was sold at an average price of $82.00, for a total value of $2,784,392.00. Following the transaction, the chief financial officer directly owned 20,539 shares in the company, valued at approximately $1,684,198. This trade represents a 62.31% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CEO Eric S. Yuan sold 73,383 shares of the business’s stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $82.65, for a total value of $6,065,104.95. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 462,751 shares of company stock worth $38,730,439. 11.51% of the stock is currently 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.