Global Retirement Partners LLC Acquires 5,066 Shares of Zoom Communications, Inc. $ZM

Global Retirement Partners LLC raised its holdings in shares of Zoom Communications, Inc. (NASDAQ:ZM) by 1,439.2% in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 5,418 shares of the company’s stock after acquiring an additional 5,066 shares during the quarter. Global Retirement Partners LLC’s holdings in Zoom Communications were worth $468,000 at the end of the most recent reporting period.

Several other hedge funds also recently made changes to their positions in ZM. AQR Capital Management LLC grew its stake in shares of Zoom Communications by 23.4% during the 3rd quarter. AQR Capital Management LLC now owns 8,477,057 shares of the company’s stock worth $699,357,000 after acquiring an additional 1,607,253 shares in the last quarter. Two Sigma Investments LP acquired a new stake in Zoom Communications during the 3rd quarter valued at $86,709,000. Vanguard Group Inc. lifted its holdings in Zoom Communications by 4.0% during the 4th quarter. Vanguard Group Inc. now owns 26,967,224 shares of the company’s stock valued at $2,327,002,000 after purchasing an additional 1,029,623 shares during the last quarter. Arrowstreet Capital Limited Partnership lifted its holdings in Zoom Communications by 46.2% during the 3rd quarter. Arrowstreet Capital Limited Partnership now owns 2,645,846 shares of the company’s stock valued at $218,282,000 after purchasing an additional 836,594 shares during the last quarter. Finally, Amundi lifted its holdings in shares of Zoom Communications by 87.4% during the third quarter. Amundi now owns 1,637,670 shares of the company’s stock worth $132,700,000 after buying an additional 763,779 shares in the last quarter. 66.54% of the stock is owned by institutional investors.

Insider Transactions at Zoom Communications

In other Zoom Communications news, Director Santiago Subotovsky sold 5,274 shares of Zoom Communications stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $106.58, for a total value of $562,102.92. Following the transaction, the director owned 142,882 shares in the company, valued at $15,228,363.56. The trade was a 3.56% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Eric S. Yuan sold 69,923 shares of Zoom Communications stock in a transaction dated Monday, April 13th. The shares were sold at an average price of $81.22, for a total value of $5,679,146.06. Following the completion of the transaction, the chief executive officer owned 36,796 shares in the company, valued at approximately $2,988,571.12. This represents a 65.52% 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 90 days, insiders have sold 144,329 shares of company stock valued at $12,364,989. Company insiders own 11.51% of the company’s stock.

Zoom Communications Stock Performance

Shares of NASDAQ ZM opened at $100.46 on Friday. Zoom Communications, Inc. has a 52 week low of $69.15 and a 52 week high of $113.73. The stock has a market capitalization of $29.60 billion, a P/E ratio of 14.75, a PEG ratio of 5.72 and a beta of 1.00. The stock’s fifty day moving average is $90.85 and its 200 day moving average is $87.25.

Zoom Communications (NASDAQ:ZM) last issued its quarterly earnings results on Thursday, May 21st. The company reported $1.55 EPS for the quarter, topping analysts’ consensus estimates of $1.42 by $0.13. Zoom Communications had a return on equity of 11.87% and a net margin of 41.99%.The company had revenue of $1.24 billion for the quarter, compared to analysts’ expectations of $1.22 billion. During the same quarter last year, the business earned $1.43 earnings per share. Zoom Communications’s revenue was up 5.5% on a year-over-year basis. Zoom Communications has set its FY 2027 guidance at 5.960-6.000 EPS and its Q2 2027 guidance at 1.450-1.470 EPS. Equities research analysts forecast that Zoom Communications, Inc. will post 3.94 earnings per share for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on the company. Rosenblatt Securities lifted their target price on Zoom Communications from $115.00 to $130.00 and gave the stock a “buy” rating in a report on Friday, May 22nd. Zacks Research downgraded Zoom Communications from a “strong-buy” rating to a “hold” rating in a report on Friday, February 13th. Piper Sandler lifted their target price on Zoom Communications from $91.00 to $107.00 and gave the stock a “neutral” rating in a report on Friday, May 22nd. Argus raised Zoom Communications to a “hold” rating in a report on Monday, March 9th. Finally, KeyCorp raised Zoom Communications from an “underweight” rating to a “sector weight” rating in a report on Friday, May 22nd. Fourteen equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. According to MarketBeat.com, Zoom Communications has an average rating of “Moderate Buy” and a consensus target price of $108.15.

Zoom Communications 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.