Zoom Communications, Inc. $ZM Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. cut its position in shares of Zoom Communications, Inc. (NASDAQ:ZM) by 30.1% during the 3rd quarter, according to the company in its most recent Form 13F filing with the SEC. The fund owned 559,643 shares of the company’s stock after selling 241,090 shares during the quarter. Robeco Institutional Asset Management B.V.’s holdings in Zoom Communications were worth $50,799,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Bank Pictet & Cie Europe AG grew its position in Zoom Communications by 5.9% in the 3rd quarter. Bank Pictet & Cie Europe AG now owns 7,177 shares of the company’s stock worth $651,000 after purchasing an additional 403 shares in the last quarter. Sumitomo Mitsui DS Asset Management Company Ltd increased its stake in Zoom Communications by 0.4% in the 3rd quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 26,215 shares of the company’s stock valued at $2,380,000 after buying an additional 107 shares during the last quarter. CWA Asset Management Group LLC increased its stake in Zoom Communications by 10.0% in the 3rd quarter. CWA Asset Management Group LLC now owns 106,383 shares of the company’s stock valued at $9,656,000 after buying an additional 9,698 shares during the last quarter. Annex Advisory Services LLC bought a new position in shares of Zoom Communications during the 3rd quarter worth approximately $572,000. Finally, Assenagon Asset Management S.A. lifted its position in shares of Zoom Communications by 9.4% during the 3rd quarter. Assenagon Asset Management S.A. now owns 665,905 shares of the company’s stock worth $60,444,000 after buying an additional 57,314 shares in the last quarter. 66.54% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of equities analysts have recently weighed in on ZM shares. Royal Bank Of Canada restated an “outperform” rating and issued a $130.00 target price on shares of Zoom Communications in a research note on Wednesday. Needham & Company LLC reaffirmed a “buy” rating and set a $130.00 price target on shares of Zoom Communications in a research report on Thursday. Weiss Ratings raised Zoom Communications from a “buy (b-)” rating to a “buy (b)” rating in a research report on Thursday, October 8th. UBS Group dropped their price target on Zoom Communications from $115.00 to $112.00 and set a “neutral” rating on the stock in a report on Wednesday. Finally, Sanford C. Bernstein reissued a “market perform” rating and issued a $108.00 price objective on shares of Zoom Communications in a research report on Wednesday, August 26th. Sixteen research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the company’s stock. Based on data from MarketBeat, Zoom Communications currently has an average rating of “Moderate Buy” and an average target price of $114.48.

Trending Headlines about Zoom Communications

Here are the key news stories impacting Zoom Communications this week:

• Positive Sentiment: AI strategy strengthens growth narrative: Zoom unveiled a Unified Context Layer and additional AI products designed to convert meeting conversations into completed work across Zoom Workplace, customer experience, developer tools, and events. The initiatives could help expand Zoom beyond videoconferencing and create new revenue opportunities. Zoom Advances Its AI Strategy With a New Unified Context Layer
• Positive Sentiment: Analyst support remains strong: Oppenheimer upgraded Zoom to Outperform with a $130 price target after viewing its newer AI services favorably. Needham and RBC reaffirmed bullish ratings with $130 targets, while Rosenblatt and BTIG maintained Buy ratings with $130 and $125 targets, respectively. Zoom Video upgraded at Oppenheimer on AI platform traction
• Positive Sentiment: Enterprise momentum is encouraging: RBC cited enterprise growth as support for revenue reacceleration, while recent Zoomtopia commentary highlighted long-term financial targets, AI partnerships, and new services. The company’s latest reported quarter also exceeded consensus EPS and revenue expectations, with revenue up year over year.
• Neutral Sentiment: Valuation debate continues: A comparison with KANZHUN Limited (BZ) weighs which software stock offers better value, suggesting investors are assessing Zoom’s relatively low earnings multiple against its slower growth profile. Cantor Fitzgerald maintained a Neutral rating but set a $104 target. BZ or ZM: Which Is the Better Value Stock Right Now?
• Negative Sentiment: Shares underperformed the broader market: Zoom’s decline in the latest session was steeper than the overall market, indicating short-term selling pressure despite the positive AI announcements and analyst upgrades. Wells Fargo also reiterated a Hold rating, providing a more cautious counterpoint to the bullish calls. Wells Fargo Sticks to Their Hold Rating for Zoom Communications

Zoom Communications Stock Performance

ZM opened at $96.20 on Friday. The firm has a market cap of $28.07 billion, a P/E ratio of 27.39, a PEG ratio of 4.59 and a beta of 1.03. The firm has a 50-day moving average of $96.50 and a 200 day moving average of $95.10. Zoom Communications, Inc. has a fifty-two week low of $70.70 and a fifty-two week high of $114.74.

Zoom Communications (NASDAQ:ZM) last posted its quarterly earnings data on Tuesday, August 25th. The company reported $1.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.48 by $0.07. The business had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.27 billion. Zoom Communications had a net margin of 65.19% and a return on equity of 10.86%. The firm’s quarterly revenue was up 4.9% compared to the same quarter last year. During the same quarter last year, the company posted $1.53 earnings per share. Zoom Communications has set its FY 2027 guidance at 6.080-6.120 EPS and its Q3 2027 guidance at 1.460-1.480 EPS. Equities research analysts predict that Zoom Communications, Inc. will post 4.27 earnings per share for the current fiscal year.

Insider Transactions at Zoom Communications

In other news, CFO Michelle Chang sold 8,489 shares of the stock in a transaction that occurred on Monday, October 12th. The shares were sold at an average price of $99.46, for a total transaction of $844,315.94. Following the completion of the transaction, the chief financial officer directly owned 40,438 shares of the company’s stock, valued at $4,021,963.48. This represents a 17.35% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, Director Herbert Raymond Mcmaster sold 3,000 shares of the firm’s stock in a transaction that occurred on Thursday, October 8th. The stock was sold at an average price of $94.71, for a total transaction of $284,130.00. Following the sale, the director owned 8,479 shares of the company’s stock, valued at approximately $803,046.09. The trade was a 26.13% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 71,209 shares of company stock valued at $6,938,989. Corporate insiders own 8.83% of the company’s stock.

About Zoom Communications

Zoom Communications, Inc (NASDAQ: ZM) is a communications technology company that provides cloud-based collaboration and customer engagement solutions. Founded in 2011 and headquartered in San Jose, California, the company is best known for Zoom Meetings, its videoconferencing platform for online meetings, webinars and virtual events.

The company’s product portfolio also includes Zoom Phone, a cloud-based business phone service; Zoom Team Chat; Zoom Rooms for hybrid meeting spaces; Zoom Whiteboard; and Zoom Contact Center.