15,000 Shares in Zoom Communications, Inc. $ZM Bought by Alpine Woods Capital Investors LLC

Alpine Woods Capital Investors LLC bought a new stake in shares of Zoom Communications, Inc. (NASDAQ:ZM) in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund bought 15,000 shares of the company’s stock, valued at approximately $1,238,000.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Wynn Capital LLC boosted its stake in shares of Zoom Communications by 1.3% in the third quarter. Wynn Capital LLC now owns 10,429 shares of the company’s stock worth $860,000 after buying an additional 130 shares during the last quarter. Wedmont Private Capital lifted its holdings in Zoom Communications by 4.1% in the second quarter. Wedmont Private Capital now owns 3,499 shares of the company’s stock valued at $271,000 after acquiring an additional 137 shares during the period. Smartleaf Asset Management LLC lifted its holdings in Zoom Communications by 6.7% in the first quarter. Smartleaf Asset Management LLC now owns 2,293 shares of the company’s stock valued at $172,000 after acquiring an additional 143 shares during the period. Penserra Capital Management LLC boosted its position in 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 purchasing an additional 162 shares in the last quarter. Finally, MassMutual Private Wealth & Trust FSB grew its stake in shares of Zoom Communications by 44.4% during the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 556 shares of the company’s stock worth $43,000 after purchasing an additional 171 shares during the period. 66.54% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In other Zoom Communications news, COO Aparna Bawa sold 10,528 shares of the company’s stock in a transaction on Thursday, October 16th. The stock was sold at an average price of $79.77, for a total value of $839,818.56. Following the completion of the sale, the chief operating officer directly owned 1,978 shares in the company, valued at $157,785.06. This represents a 84.18% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Velchamy Sankarlingam sold 7,660 shares of the firm’s stock in a transaction on Friday, October 10th. The stock was sold at an average price of $82.00, for a total value of $628,120.00. Following the completion of the sale, the insider directly owned 132,795 shares of the company’s stock, valued at $10,889,190. This trade represents a 5.45% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 462,751 shares of company stock valued at $38,730,439. 11.51% of the stock is currently owned by company insiders.

Analyst Ratings Changes

Several research firms recently issued reports on ZM. Royal Bank Of Canada reiterated an “outperform” rating and issued a $100.00 target price on shares of Zoom Communications in a research note on Tuesday, November 25th. Stifel Nicolaus lifted their price objective on shares of Zoom Communications from $80.00 to $90.00 and gave the company a “hold” rating in a report on Thursday, September 18th. Wall Street Zen lowered shares of Zoom Communications from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 15th. Zacks Research cut Zoom Communications from a “strong-buy” rating to a “hold” rating in a research report on Monday, November 10th. Finally, Wells Fargo & Company initiated coverage on Zoom Communications in a research note on Tuesday, September 30th. They issued an “equal weight” rating and a $90.00 price target for the company. Twelve equities research analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Zoom Communications currently has an average rating of “Hold” and a consensus target price of $93.00.

Zoom Communications Price Performance

Shares of Zoom Communications stock opened at $87.46 on Thursday. The stock has a market capitalization of $25.90 billion, a P/E ratio of 17.02, a PEG ratio of 7.83 and a beta of 0.81. The business has a 50 day simple moving average of $84.77 and a two-hundred day simple moving average of $80.56. Zoom Communications, Inc. has a 12 month low of $64.41 and a 12 month high of $91.43.

Zoom Communications (NASDAQ:ZM) last announced its earnings results on Monday, November 24th. The company reported $1.52 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.44 by $0.08. Zoom Communications had a net margin of 33.17% and a return on equity of 12.20%. The company had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.21 billion. During the same quarter in the previous year, the company posted $1.38 EPS. The firm’s quarterly revenue 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. As a group, research analysts anticipate that Zoom Communications, Inc. will post 2.93 EPS for the current fiscal year.

About Zoom Communications

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.