denkapparat Operations GmbH Sells 5,994 Shares of Zoom Communications, Inc. $ZM

denkapparat Operations GmbH trimmed its stake in Zoom Communications, Inc. (NASDAQ:ZM) by 47.4% in the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 6,644 shares of the company’s stock after selling 5,994 shares during the quarter. denkapparat Operations GmbH’s holdings in Zoom Communications were worth $573,000 as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ZM. Advocate Investing Services LLC purchased a new stake in shares of Zoom Communications in the 4th quarter valued at about $26,000. Strive Financial Group LLC purchased a new stake in Zoom Communications during the 4th quarter valued at $27,000. Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of Zoom Communications by 133.3% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 350 shares of the company’s stock valued at $30,000 after acquiring an additional 200 shares during the period. Rexford Capital Inc. boosted its holdings in shares of Zoom Communications by 45.7% during the 1st quarter. Rexford Capital Inc. now owns 389 shares of the company’s stock valued at $31,000 after purchasing an additional 122 shares during the last quarter. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA boosted its holdings in shares of Zoom Communications by 83.3% in the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 440 shares of the company’s stock worth $38,000 after purchasing an additional 200 shares during the period. Hedge funds and other institutional investors own 66.54% of the company’s stock.

Zoom Communications Price Performance

NASDAQ:ZM opened at $101.33 on Friday. The stock has a market capitalization of $29.71 billion, a PE ratio of 9.38, a price-to-earnings-growth ratio of 4.54 and a beta of 1.04. Zoom Communications, Inc. has a fifty-two week low of $70.70 and a fifty-two week high of $114.74. The business’s 50-day simple moving average is $95.88 and its 200-day simple moving average is $91.58.

Zoom Communications (NASDAQ:ZM) last posted its earnings results on Tuesday, August 25th. The company reported $1.55 EPS for the quarter, beating the consensus estimate of $1.48 by $0.07. Zoom Communications had a return on equity of 10.86% and a net margin of 65.19%.The company had revenue of $1.28 billion for the quarter, compared to the consensus estimate of $1.27 billion. During the same quarter in the prior year, the business earned $1.53 earnings per share. The firm’s revenue for the quarter was up 4.9% on a year-over-year basis. 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. On average, research analysts expect that Zoom Communications, Inc. will post 4.26 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of equities analysts have weighed in on ZM shares. Cantor Fitzgerald reiterated a “neutral” rating and set a $104.00 price objective on shares of Zoom Communications in a research note on Monday, August 24th. BTIG Research reissued a “buy” rating and issued a $125.00 target price on shares of Zoom Communications in a research report on Monday, August 24th. Rosenblatt Securities restated a “buy” rating and set a $130.00 target price on shares of Zoom Communications in a report on Friday, August 21st. Wells Fargo & Company boosted their price objective on shares of Zoom Communications from $90.00 to $105.00 and gave the stock an “equal weight” rating in a report on Friday, May 22nd. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $108.00 price objective on shares of Zoom Communications in a report on Wednesday, August 26th. Sixteen investment analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. Based on data from MarketBeat.com, Zoom Communications presently has a consensus rating of “Moderate Buy” and an average price target of $112.55.

Insider Activity at Zoom Communications

In other Zoom Communications news, Director Santiago Subotovsky sold 7,911 shares of the stock in a transaction on Tuesday, August 4th. The shares were sold at an average price of $101.33, for a total transaction of $801,621.63. Following the completion of the sale, the director owned 127,060 shares of the company’s stock, valued at $12,874,989.80. This represents a 5.86% decrease in their position. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Velchamy Sankarlingam sold 7,644 shares of the firm’s stock in a transaction dated Wednesday, July 15th. The shares were sold at an average price of $91.98, for a total transaction of $703,095.12. Following the sale, the insider directly owned 148,403 shares in the company, valued at approximately $13,650,107.94. The trade was a 4.90% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 50,881 shares of company stock worth $4,878,914 over the last quarter. 8.83% of the stock is currently owned by corporate insiders.

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.