Zoom Communications, Inc. $ZM Shares Acquired by Forsta AP Fonden

Forsta AP Fonden boosted its position in Zoom Communications, Inc. (NASDAQ:ZM) by 2.6% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 48,000 shares of the company’s stock after buying an additional 1,200 shares during the quarter. Forsta AP Fonden’s holdings in Zoom Communications were worth $3,743,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. SouthState Corp acquired a new position in shares of Zoom Communications in the 1st quarter worth approximately $25,000. REAP Financial Group LLC lifted its stake in Zoom Communications by 181.7% during the second quarter. REAP Financial Group LLC now owns 355 shares of the company’s stock worth $28,000 after purchasing an additional 229 shares during the last quarter. FNY Investment Advisers LLC bought a new position in Zoom Communications during the second quarter worth $31,000. GKV Capital Management Co. Inc. acquired a new position in Zoom Communications in the first quarter worth $31,000. Finally, Brooklyn Investment Group increased its stake in Zoom Communications by 277.8% during the first quarter. Brooklyn Investment Group now owns 442 shares of the company’s stock valued at $33,000 after purchasing an additional 325 shares during the last quarter. Institutional investors own 66.54% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on the stock. Citigroup raised their price target on shares of Zoom Communications from $84.00 to $85.00 and gave the stock a “neutral” rating in a research report on Monday, August 25th. Wall Street Zen lowered shares of Zoom Communications from a “strong-buy” rating to a “buy” rating in a research note on Saturday. JMP Securities reissued a “market perform” rating on shares of Zoom Communications in a report on Thursday, September 18th. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $87.00 target price on shares of Zoom Communications in a report on Thursday, September 18th. Finally, Weiss Ratings reiterated a “hold (c+)” rating on shares of Zoom Communications in a research report on Tuesday. One 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’s stock. According to data from MarketBeat.com, Zoom Communications currently has a consensus rating of “Hold” and a consensus price target of $91.96.

Zoom Communications Price Performance

Shares of ZM stock opened at $84.22 on Friday. Zoom Communications, Inc. has a 12-month low of $64.41 and a 12-month high of $92.80. The firm has a market capitalization of $25.48 billion, a price-to-earnings ratio of 22.22, a price-to-earnings-growth ratio of 11.49 and a beta of 0.79. The business has a 50 day simple moving average of $83.15 and a 200 day simple moving average of $79.58.

Zoom Communications (NASDAQ:ZM) last announced its earnings results on Thursday, August 21st. The company reported $0.99 earnings per share 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 for the quarter, compared to the consensus estimate of $1.20 billion. During the same period in the previous year, the firm earned $1.39 EPS. The firm’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, equities analysts anticipate that Zoom Communications, Inc. will post 2.93 EPS for the current fiscal year.

Insiders Place Their Bets

In other news, Director Santiago Subotovsky sold 2,475 shares of the company’s stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $84.15, for a total value of $208,271.25. Following the completion of the sale, the director directly owned 150,169 shares of the company’s stock, valued at approximately $12,636,721.35. This represents a 1.62% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, COO Aparna Bawa sold 10,528 shares of the stock in a transaction that occurred on 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 transaction, the chief operating officer owned 1,978 shares of the company’s stock, valued at $157,785.06. This trade represents a 84.18% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last ninety days, insiders have sold 321,470 shares of company stock valued at $26,684,150. Corporate insiders own 11.51% of the company’s stock.

About Zoom Communications

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.