Zoom Communications, Inc. (NASDAQ:ZM) Short Interest Update

Zoom Communications, Inc. (NASDAQ:ZM) was the recipient of a large decline in short interest in January. As of January 15th, there was short interest totaling 5,494,131 shares, a decline of 18.0% from the December 31st total of 6,702,200 shares. Approximately 2.1% of the company’s stock are short sold. Based on an average trading volume of 2,627,619 shares, the days-to-cover ratio is currently 2.1 days. Based on an average trading volume of 2,627,619 shares, the days-to-cover ratio is currently 2.1 days. Approximately 2.1% of the company’s stock are short sold.

Zoom Communications Stock Up 0.8%

NASDAQ ZM opened at $92.86 on Tuesday. The firm has a market cap of $27.50 billion, a P/E ratio of 18.07, a P/E/G ratio of 8.27 and a beta of 0.90. Zoom Communications has a 52-week low of $64.41 and a 52-week high of $97.58. The business’s 50-day moving average price is $86.95 and its 200 day moving average price is $82.48.

Zoom Communications (NASDAQ:ZM) last posted its quarterly earnings data on Monday, November 24th. The company reported $1.52 earnings per share for the quarter, topping 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 for the quarter was up 4.4% on a year-over-year basis. During the same period last year, the firm earned $1.38 EPS. 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. As a group, analysts anticipate that Zoom Communications will post 2.93 earnings per share for the current year.

Analysts Set New Price Targets

ZM has been the topic of several research reports. Wedbush reiterated an “outperform” rating and issued a $95.00 price target on shares of Zoom Communications in a report on Tuesday, November 25th. Wall Street Zen lowered shares of Zoom Communications from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 15th. JPMorgan Chase & Co. raised their target price on shares of Zoom Communications from $85.00 to $90.00 and gave the stock a “neutral” rating in a report on Tuesday, November 25th. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $100.00 price target on shares of Zoom Communications in a report on Tuesday, November 25th. Finally, UBS Group began coverage on Zoom Communications in a research report on Monday, October 20th. They set a “neutral” rating and a $85.00 price target on the stock. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average price target of $93.82.

Insider Activity at Zoom Communications

In related news, Director Santiago Subotovsky sold 2,475 shares of the company’s stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $86.01, for a total transaction of $212,874.75. Following the transaction, the director directly owned 145,219 shares of the company’s stock, valued at $12,490,286.19. This represents a 1.68% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, COO Aparna Bawa sold 12,137 shares of the business’s stock in a transaction dated Friday, January 16th. The stock was sold at an average price of $81.37, for a total value of $987,587.69. Following the sale, the chief operating officer owned 1,978 shares in the company, valued at $160,949.86. The trade was a 85.99% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 241,892 shares of company stock valued at $20,472,809 over the last three months. Company insiders own 10.78% of the company’s stock.

Hedge Funds Weigh In On Zoom Communications

A number of large investors have recently bought and sold shares of ZM. Elevation Point Wealth Partners LLC acquired a new position in shares of Zoom Communications during the second quarter worth about $27,000. REAP Financial Group LLC boosted its holdings in Zoom Communications by 181.7% in the 2nd quarter. REAP Financial Group LLC now owns 355 shares of the company’s stock valued at $28,000 after purchasing an additional 229 shares in the last quarter. Toth Financial Advisory Corp acquired a new position in Zoom Communications during the 4th quarter worth approximately $28,000. FNY Investment Advisers LLC purchased a new position in shares of Zoom Communications during the 2nd quarter worth approximately $31,000. Finally, Root Financial Partners LLC acquired a new stake in shares of Zoom Communications in the 3rd quarter valued at approximately $33,000. Hedge funds and other institutional investors own 66.54% of the company’s stock.

Zoom Communications Company 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.