Brookstone Capital Management Invests $648,000 in Zoom Communications, Inc. $ZM

Brookstone Capital Management acquired a new stake in shares of Zoom Communications, Inc. (NASDAQ:ZM) in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm acquired 7,854 shares of the company’s stock, valued at approximately $648,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Elevation Point Wealth Partners LLC purchased a new stake in shares of Zoom Communications in the 2nd quarter valued at about $27,000. REAP Financial Group LLC increased its position in shares of 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. FNY Investment Advisers LLC purchased a new stake in Zoom Communications in the second quarter valued at approximately $31,000. MassMutual Private Wealth & Trust FSB lifted its position in Zoom Communications by 44.4% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 556 shares of the company’s stock valued at $43,000 after purchasing an additional 171 shares during the last quarter. Finally, Cullen Frost Bankers Inc. lifted its position in Zoom Communications by 2,217.2% during the second quarter. Cullen Frost Bankers Inc. now owns 672 shares of the company’s stock valued at $52,000 after purchasing an additional 643 shares during the last quarter. 66.54% of the stock is currently owned by hedge funds and other institutional investors.

Zoom Communications Price Performance

ZM opened at $86.29 on Wednesday. The stock’s 50 day simple moving average is $85.22 and its 200 day simple moving average is $80.82. The firm has a market cap of $25.55 billion, a price-to-earnings ratio of 16.79, a PEG ratio of 7.76 and a beta of 0.81. Zoom Communications, Inc. has a 1 year low of $64.41 and a 1 year high of $91.43.

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

Wall Street Analyst Weigh In

Several research firms have recently weighed in on ZM. Wall Street Zen cut shares of Zoom Communications from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 15th. Needham & Company LLC reaffirmed a “buy” rating and set a $100.00 price target on shares of Zoom Communications in a research note on Tuesday, November 25th. Citigroup upped their price objective on Zoom Communications from $85.00 to $94.00 and gave the stock a “neutral” rating in a report on Monday, November 17th. Zacks Research cut Zoom Communications from a “strong-buy” rating to a “hold” rating in a report on Monday, November 10th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $100.00 target price on shares of Zoom Communications in a research report on Tuesday, November 25th. Twelve investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, Zoom Communications currently has an average rating of “Hold” and an average target price of $93.00.

Insider Activity

In related news, insider Velchamy Sankarlingam sold 2,595 shares of the business’s stock in a transaction dated Wednesday, December 10th. The stock was sold at an average price of $87.84, for a total transaction of $227,944.80. Following the transaction, the insider owned 133,659 shares in the company, valued at $11,740,606.56. The trade was a 1.90% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CEO Eric S. Yuan sold 73,378 shares of the company’s stock in a transaction that occurred on Tuesday, December 16th. The shares were sold at an average price of $87.29, for a total value of $6,405,165.62. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 462,751 shares of company stock worth $38,730,439 in the last quarter. Insiders own 10.78% of the company’s stock.

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.