67,134 Shares in Zoom Communications, Inc. $ZM Purchased by CWA Asset Management Group LLC

CWA Asset Management Group LLC bought a new stake in shares of Zoom Communications, Inc. (NASDAQ:ZM) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor bought 67,134 shares of the company’s stock, valued at approximately $5,539,000.

Other hedge funds and other institutional investors have also made changes to their positions in the company. Vanguard Group Inc. increased its position in shares of Zoom Communications by 0.6% during the second quarter. Vanguard Group Inc. now owns 24,951,437 shares of the company’s stock worth $1,945,713,000 after purchasing an additional 154,783 shares in the last quarter. State Street Corp raised its position in shares of Zoom Communications by 6.0% in the second quarter. State Street Corp now owns 7,189,501 shares of the company’s stock valued at $560,637,000 after buying an additional 410,051 shares during the last quarter. Norges Bank purchased a new position in shares of Zoom Communications in the second quarter worth about $539,998,000. Geode Capital Management LLC boosted its position in Zoom Communications by 0.5% during the second quarter. Geode Capital Management LLC now owns 4,795,307 shares of the company’s stock worth $373,504,000 after acquiring an additional 23,910 shares during the last quarter. Finally, Acadian Asset Management LLC grew its stake in Zoom Communications by 41.1% during the 2nd 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. Hedge funds and other institutional investors own 66.54% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have issued reports on ZM shares. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $87.00 target price on shares of Zoom Communications in a research note on Tuesday, November 25th. Wall Street Zen downgraded shares of Zoom Communications from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 15th. Morgan Stanley boosted their target price on shares of Zoom Communications from $85.00 to $92.00 and gave the company an “equal weight” rating in a report on Tuesday, November 25th. Citigroup raised their price target on shares of Zoom Communications from $85.00 to $94.00 and gave the stock a “neutral” rating in a report on Monday, November 17th. Finally, Benchmark upped their price objective on Zoom Communications from $102.00 to $110.00 and gave the company a “buy” rating in a report on Thursday, September 18th. One research analyst has rated the stock with a Strong Buy rating, twelve have given a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Hold” and a consensus price target of $93.00.

Insider Transactions at Zoom Communications

In related news, COO Aparna Bawa sold 10,528 shares of the stock in a transaction dated Thursday, October 16th. The stock was sold at an average price of $79.77, for a total transaction of $839,818.56. Following the transaction, the chief operating officer owned 1,978 shares of the company’s stock, valued at approximately $157,785.06. This represents a 84.18% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Velchamy Sankarlingam sold 2,595 shares of Zoom Communications stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $87.84, for a total value of $227,944.80. Following the completion of the transaction, the insider directly owned 133,659 shares of the company’s stock, valued at approximately $11,740,606.56. This represents a 1.90% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 460,276 shares of company stock worth $38,530,509 over the last quarter. 10.78% of the stock is owned by corporate insiders.

Zoom Communications Stock Performance

Zoom Communications stock opened at $83.32 on Monday. The company’s 50 day simple moving average is $85.36 and its 200-day simple moving average is $80.98. Zoom Communications, Inc. has a 1 year low of $64.41 and a 1 year high of $91.43. The company has a market capitalization of $24.67 billion, a price-to-earnings ratio of 16.21, a price-to-earnings-growth ratio of 7.48 and a beta of 0.87.

Zoom Communications (NASDAQ:ZM) last posted its earnings results on Monday, November 24th. The company reported $1.52 earnings per share for the quarter, beating 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 firm had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.21 billion. During the same quarter last year, the firm earned $1.38 EPS. The firm’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. Equities analysts expect that Zoom Communications, Inc. will post 2.93 earnings per share for the current 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.