Chicago Partners Investment Group LLC Buys 10,054 Shares of Zoom Communications, Inc. $ZM

Chicago Partners Investment Group LLC grew its stake in shares of Zoom Communications, Inc. (NASDAQ:ZM) by 134.3% in the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 17,538 shares of the company’s stock after acquiring an additional 10,054 shares during the period. Chicago Partners Investment Group LLC’s holdings in Zoom Communications were worth $1,489,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Elevation Point Wealth Partners LLC bought a new stake in Zoom Communications during the 2nd quarter valued at $27,000. REAP Financial Group LLC increased its stake in shares of Zoom Communications by 181.7% during the second quarter. REAP Financial Group LLC now owns 355 shares of the company’s stock valued at $28,000 after buying an additional 229 shares during the period. FNY Investment Advisers LLC bought a new stake in shares of Zoom Communications in the second quarter valued at about $31,000. Root Financial Partners LLC purchased a new stake in Zoom Communications in the third quarter worth about $33,000. Finally, Quent Capital LLC purchased a new stake in Zoom Communications in the third quarter worth about $34,000. Institutional investors own 66.54% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently commented on ZM shares. Weiss Ratings restated a “buy (b-)” rating on shares of Zoom Communications in a report on Monday, December 29th. UBS Group assumed coverage on shares of Zoom Communications in a report on Monday, October 20th. They set a “neutral” rating and a $85.00 price objective on the stock. Cantor Fitzgerald reissued a “neutral” rating and issued a $87.00 price objective on shares of Zoom Communications in a research note on Tuesday, November 25th. Morgan Stanley upped their target price on Zoom Communications from $85.00 to $92.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 25th. Finally, William Blair reiterated an “outperform” rating on shares of Zoom Communications in a report on Tuesday, September 30th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, twelve have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $93.82.

Zoom Communications Trading Up 4.3%

NASDAQ ZM opened at $84.65 on Friday. The firm’s fifty day simple moving average is $85.24 and its two-hundred day simple moving average is $81.54. The firm has a market capitalization of $25.06 billion, a P/E ratio of 16.47, a P/E/G ratio of 7.29 and a beta of 0.87. Zoom Communications, Inc. has a 12-month low of $64.41 and a 12-month high of $91.43.

Zoom Communications (NASDAQ:ZM) last issued its quarterly earnings data on Monday, November 24th. The company reported $1.52 EPS for the quarter, beating the consensus estimate of $1.44 by $0.08. The firm had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.21 billion. Zoom Communications had a return on equity of 12.20% and a net margin of 33.17%.The business’s revenue for the quarter was up 4.4% compared to the same quarter last year. During the same quarter in the prior year, the business posted $1.38 EPS. 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 predict 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, COO Aparna Bawa sold 12,137 shares of the company’s stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $81.37, for a total transaction of $987,587.69. Following the transaction, the chief operating officer owned 1,978 shares in the company, valued at $160,949.86. This represents a 85.99% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, Director Santiago Subotovsky sold 2,475 shares of Zoom Communications stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $86.01, for a total transaction of $212,874.75. Following the completion of the sale, the director owned 145,219 shares of the company’s stock, valued at $12,490,286.19. This trade represents a 1.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 317,745 shares of company stock valued at $27,002,595. Insiders own 11.51% of the company’s stock.

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.