Zoom Communications, Inc. $ZM Shares Sold by Metis Global Partners LLC

Metis Global Partners LLC lowered its stake in Zoom Communications, Inc. (NASDAQ:ZM) by 26.4% during the second quarter, according to its most recent 13F filing with the SEC. The firm owned 3,998 shares of the company’s stock after selling 1,432 shares during the quarter. Metis Global Partners LLC’s holdings in Zoom Communications were worth $312,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in ZM. Robeco Institutional Asset Management B.V. lifted its holdings in Zoom Communications by 63.5% during 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 purchasing an additional 830,393 shares in the last quarter. Victory Capital Management Inc. increased its stake in shares of Zoom Communications by 119.5% during the first quarter. Victory Capital Management Inc. now owns 1,405,311 shares of the company’s stock worth $103,670,000 after purchasing an additional 765,092 shares in the last quarter. Vanguard Group Inc. raised its position in shares of Zoom Communications by 2.6% during the 1st quarter. Vanguard Group Inc. now owns 24,796,654 shares of the company’s stock worth $1,829,249,000 after purchasing an additional 624,863 shares during the last quarter. Nuveen LLC purchased a new position in Zoom Communications in the 1st quarter valued at about $37,646,000. Finally, VIRGINIA RETIREMENT SYSTEMS ET Al purchased a new position in Zoom Communications in the 2nd quarter valued at about $38,163,000. Hedge funds and other institutional investors own 66.54% of the company’s stock.

Wall Street Analyst Weigh In

A number of equities analysts have commented on ZM shares. Royal Bank Of Canada reissued an “outperform” rating and set a $100.00 target price on shares of Zoom Communications in a report on Thursday, September 18th. Wedbush reissued an “outperform” rating and issued a $95.00 price objective on shares of Zoom Communications in a research note on Friday, August 22nd. JMP Securities reaffirmed a “market perform” rating on shares of Zoom Communications in a research note on Thursday, September 18th. Rosenblatt Securities upped their target price on shares of Zoom Communications from $110.00 to $115.00 and gave the stock a “buy” rating in a report on Tuesday. Finally, Wells Fargo & Company started coverage on shares of Zoom Communications in a research note on Tuesday, September 30th. They issued an “equal weight” rating and a $90.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, sixteen have assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Zoom Communications currently has a consensus rating of “Hold” and an average price target of $91.96.

Zoom Communications Stock Down 0.8%

NASDAQ ZM opened at $84.04 on Friday. The business’s fifty day simple moving average is $83.14 and its 200-day simple moving average is $79.51. The firm has a market cap of $25.43 billion, a PE ratio of 22.17, a P/E/G ratio of 11.56 and a beta of 0.79. Zoom Communications, Inc. has a 52 week low of $64.41 and a 52 week high of $92.80.

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

Insider Buying and Selling at Zoom Communications

In other news, CFO Michelle Chang sold 33,956 shares of Zoom Communications stock in a transaction that occurred on Friday, October 10th. The shares were sold at an average price of $82.00, for a total transaction of $2,784,392.00. Following the sale, the chief financial officer owned 20,539 shares of the company’s stock, valued at approximately $1,684,198. The trade was a 62.31% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Aparna Bawa sold 10,528 shares of the company’s stock in a transaction that occurred on Thursday, October 16th. The shares were sold at an average price of $79.77, for a total value of $839,818.56. Following the completion of the transaction, the chief operating officer owned 1,978 shares in the company, valued at $157,785.06. This represents a 84.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders have sold 321,470 shares of company stock worth $26,684,150. Insiders own 11.51% of the company’s stock.

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.