International Assets Investment Management LLC Has $350,000 Position in Zoom Communications, Inc. $ZM

International Assets Investment Management LLC lowered its position in shares of Zoom Communications, Inc. (NASDAQ:ZM) by 4.8% in the second quarter, Holdings Channel reports. The firm owned 4,483 shares of the company’s stock after selling 225 shares during the period. International Assets Investment Management LLC’s holdings in Zoom Communications were worth $350,000 at the end of the most recent quarter.

A number of other institutional investors have also recently bought and sold shares of the company. Robeco Institutional Asset Management B.V. lifted its stake in Zoom Communications by 63.5% in the second quarter. Robeco Institutional Asset Management B.V. now owns 2,137,093 shares of the company’s stock valued at $166,651,000 after buying an additional 830,393 shares in the last quarter. Victory Capital Management Inc. lifted its stake in Zoom Communications by 119.5% in the first quarter. Victory Capital Management Inc. now owns 1,405,311 shares of the company’s stock valued at $103,670,000 after buying an additional 765,092 shares in the last quarter. Vanguard Group Inc. lifted its stake in Zoom Communications by 2.6% in the first quarter. Vanguard Group Inc. now owns 24,796,654 shares of the company’s stock valued at $1,829,249,000 after buying an additional 624,863 shares in the last quarter. Nuveen LLC bought a new position in Zoom Communications in the first quarter valued at approximately $37,646,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al bought a new position in Zoom Communications in the second quarter valued at approximately $38,163,000. Institutional investors and hedge funds own 66.54% of the company’s stock.

Insider Buying and Selling at Zoom Communications

In related news, COO Aparna Bawa sold 10,528 shares of the company’s stock in a transaction dated Thursday, October 16th. The shares were sold at an average price of $79.77, for a total transaction of $839,818.56. Following the completion of the sale, the chief operating officer owned 1,978 shares of the company’s stock, valued at $157,785.06. This represents a 84.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Velchamy Sankarlingam sold 7,660 shares of the company’s stock in a transaction dated Friday, October 10th. The stock was sold at an average price of $82.00, for a total transaction of $628,120.00. Following the sale, the insider directly owned 132,795 shares of the company’s stock, valued at $10,889,190. This represents a 5.45% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 98,856 shares of company stock valued at $8,009,892 over the last three months. 11.51% of the stock is owned by insiders.

Zoom Communications Stock Performance

ZM stock opened at $82.01 on Thursday. The company’s 50-day simple moving average is $81.25 and its 200 day simple moving average is $78.03. Zoom Communications, Inc. has a 52 week low of $64.41 and a 52 week high of $92.80. The company has a market capitalization of $24.81 billion, a PE ratio of 21.64, a price-to-earnings-growth ratio of 11.41 and a beta of 0.78.

Zoom Communications (NASDAQ:ZM) last released its quarterly earnings results on Thursday, August 21st. The company reported $0.99 EPS for the quarter, missing the consensus estimate of $1.38 by ($0.39). Zoom Communications had a net margin of 24.99% and a return on equity of 11.91%. The business had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.20 billion. During the same quarter last year, the company posted $1.39 earnings per share. The company’s revenue was up 4.7% on a year-over-year basis. Zoom Communications has set its FY 2026 guidance at 5.810-5.840 EPS. Q3 2026 guidance at 1.420-1.44 EPS. On average, analysts forecast that Zoom Communications, Inc. will post 2.93 EPS for the current year.

Analyst Upgrades and Downgrades

A number of brokerages have weighed in on ZM. Benchmark lifted their price target on shares of Zoom Communications from $102.00 to $110.00 and gave the company a “buy” rating in a research note on Thursday, September 18th. Robert W. Baird cut their price objective on shares of Zoom Communications from $100.00 to $95.00 and set an “outperform” rating on the stock in a research report on Friday, August 22nd. Cantor Fitzgerald reissued a “neutral” rating and issued a $87.00 price objective on shares of Zoom Communications in a research report on Thursday, September 18th. Stifel Nicolaus boosted their target price on shares of Zoom Communications from $80.00 to $90.00 and gave the stock a “hold” rating in a report on Thursday, September 18th. Finally, Citigroup boosted their target price on shares of Zoom Communications from $84.00 to $85.00 and gave the stock a “neutral” rating in a report on Monday, August 25th. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, fifteen have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the company has a consensus rating of “Hold” and an average target price of $91.74.

Zoom Communications Profile

Zoom Video Communications, Inc provides unified communications platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company offers Zoom Meetings that offers HD video, voice, chat, and content sharing through mobile devices, desktops, laptops, telephones, and conference room systems; Zoom Phone, an enterprise cloud phone system; and Zoom Chat enables users to share messages, images, audio files, and content in desktop, laptop, tablet, and mobile devices.