Zoom Communications, Inc. $ZM Shares Bought by Cerity Partners LLC

Cerity Partners LLC grew its holdings in Zoom Communications, Inc. (NASDAQ:ZM) by 65.2% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 231,493 shares of the company’s stock after purchasing an additional 91,332 shares during the quarter. Cerity Partners LLC owned about 0.08% of Zoom Communications worth $19,098,000 as of its most recent SEC filing.

Several other large investors also recently added to or reduced their stakes in ZM. Vanguard Group Inc. grew its holdings in shares of Zoom Communications by 0.6% in the second quarter. Vanguard Group Inc. now owns 24,951,437 shares of the company’s stock valued at $1,945,713,000 after purchasing an additional 154,783 shares during the period. State Street Corp lifted its stake in shares of Zoom Communications by 6.0% in the 2nd quarter. State Street Corp now owns 7,189,501 shares of the company’s stock valued at $560,637,000 after purchasing an additional 410,051 shares during the last quarter. Norges Bank purchased a new position in Zoom Communications during the second quarter worth about $539,998,000. Geode Capital Management LLC increased its position in shares of Zoom Communications by 0.5% during the second quarter. Geode Capital Management LLC now owns 4,795,307 shares of the company’s stock valued at $373,504,000 after acquiring an additional 23,910 shares during the last quarter. Finally, Acadian Asset Management LLC increased its position in shares of Zoom Communications by 41.1% during 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 during the last quarter. 66.54% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other Zoom Communications news, Director Santiago Subotovsky sold 2,475 shares of the firm’s stock in a transaction on Monday, January 5th. The stock was sold at an average price of $86.01, for a total value of $212,874.75. Following the completion of the sale, the director owned 145,219 shares of the company’s stock, valued at approximately $12,490,286.19. This trade represents a 1.68% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Eric S. Yuan sold 73,378 shares of the firm’s stock in a transaction dated Tuesday, December 16th. The shares were sold at an average price of $87.29, for a total transaction of $6,405,165.62. The disclosure for this sale is available in the SEC filing. Insiders have sold 421,135 shares of company stock worth $35,330,872 in the last three months. 11.51% of the stock is currently owned by company insiders.

Analyst Upgrades and Downgrades

ZM has been the topic of a number of research reports. Wedbush restated an “outperform” rating and set a $95.00 price target on shares of Zoom Communications in a research note on Tuesday, November 25th. Sanford C. Bernstein reiterated a “market perform” rating and issued a $90.00 price target on shares of Zoom Communications in a research note on Tuesday, November 25th. UBS Group initiated coverage on Zoom Communications in a research report on Monday, October 20th. They set a “neutral” rating and a $85.00 price objective for the company. Wells Fargo & Company assumed coverage on shares of Zoom Communications in a report on Tuesday, September 30th. They issued an “equal weight” rating and a $90.00 target price for the company. Finally, Weiss Ratings reiterated a “buy (b-)” rating on shares of Zoom Communications in a research note on Monday, December 29th. One investment analyst has rated the stock with a Strong Buy rating, twelve have issued a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Zoom Communications currently has an average rating of “Hold” and a consensus target price of $93.27.

Zoom Communications Stock Down 0.5%

Shares of ZM stock opened at $85.18 on Friday. The stock has a market capitalization of $25.22 billion, a PE ratio of 16.57, a price-to-earnings-growth ratio of 7.69 and a beta of 0.87. The stock’s 50-day moving average price is $85.45 and its 200 day moving average price is $81.23. Zoom Communications, Inc. has a 52-week low of $64.41 and a 52-week high of $91.43.

Zoom Communications (NASDAQ:ZM) last issued its quarterly earnings results on Monday, November 24th. The company reported $1.52 earnings per share for the quarter, topping the consensus estimate of $1.44 by $0.08. The firm had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.21 billion. Zoom Communications had a return on equity of 12.20% and a net margin of 33.17%.The company’s revenue for the quarter was up 4.4% on a year-over-year basis. During the same period last year, the company earned $1.38 earnings per share. 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. Analysts expect that Zoom Communications, Inc. will post 2.93 earnings per share 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.