Ameritas Advisory Services LLC Sells 12,828 Shares of Zoom Communications, Inc. $ZM

Ameritas Advisory Services LLC decreased its position in shares of Zoom Communications, Inc. (NASDAQ:ZM) by 95.0% during the third quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 678 shares of the company’s stock after selling 12,828 shares during the period. Ameritas Advisory Services LLC’s holdings in Zoom Communications were worth $56,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other large investors have also recently made changes to their positions in ZM. Elevation Point Wealth Partners LLC bought a new stake in shares of Zoom Communications during the 2nd quarter worth approximately $27,000. FNY Investment Advisers LLC purchased a new stake in Zoom Communications in the second quarter worth $31,000. Root Financial Partners LLC purchased a new stake in Zoom Communications in the third quarter worth $33,000. Quent Capital LLC bought a new stake in shares of Zoom Communications during the third quarter worth $34,000. Finally, Cloud Capital Management LLC purchased a new stake in shares of Zoom Communications during the third quarter valued at $42,000. 66.54% of the stock is owned by hedge funds and other institutional investors.

Zoom Communications Price Performance

Zoom Communications stock opened at $90.29 on Friday. The stock has a market capitalization of $26.73 billion, a price-to-earnings ratio of 17.57, a PEG ratio of 8.14 and a beta of 0.90. Zoom Communications, Inc. has a 1-year low of $64.41 and a 1-year high of $97.58. The business has a fifty day moving average price of $88.31 and a 200-day moving average price of $84.04.

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

Wall Street Analyst Weigh In

Several research analysts recently commented on ZM shares. Wolfe Research raised shares of Zoom Communications from a “peer perform” rating to an “outperform” rating and set a $115.00 price target on the stock in a research note on Thursday, February 5th. Weiss Ratings restated a “buy (b-)” rating on shares of Zoom Communications in a research note on Monday, December 29th. Cantor Fitzgerald restated a “neutral” rating and issued a $87.00 price target on shares of Zoom Communications in a report on Tuesday, November 25th. Jefferies Financial Group increased their price objective on shares of Zoom Communications from $100.00 to $105.00 and gave the company a “buy” rating in a research note on Tuesday, November 25th. Finally, JPMorgan Chase & Co. lifted their price objective on shares of Zoom Communications from $85.00 to $90.00 and gave the company a “neutral” rating in a report on Tuesday, November 25th. Fourteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Zoom Communications has a consensus rating of “Hold” and an average price target of $94.74.

Insider Activity at Zoom Communications

In other Zoom Communications news, insider Velchamy Sankarlingam sold 7,568 shares of the company’s stock in a transaction that occurred on Monday, January 12th. The shares were sold at an average price of $86.55, for a total transaction of $655,010.40. Following the transaction, the insider owned 136,182 shares in the company, valued at approximately $11,786,552.10. This represents a 5.26% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Santiago Subotovsky sold 2,475 shares of the firm’s stock in a transaction on Thursday, February 5th. The stock was sold at an average price of $90.39, for a total transaction of $223,715.25. Following the completion of the transaction, the director directly owned 155,917 shares of the company’s stock, valued at approximately $14,093,337.63. This represents a 1.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 183,089 shares of company stock worth $15,751,383 in the last 90 days. 11.51% of the stock is owned by insiders.

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.