Monaco Asset Management SAM Takes Position in Zoom Communications, Inc. $ZM

Monaco Asset Management SAM purchased a new position in shares of Zoom Communications, Inc. (NASDAQ:ZM) during the third quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 40,000 shares of the company’s stock, valued at approximately $3,300,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the business. Elevation Point Wealth Partners LLC bought a new stake in shares of Zoom Communications in the second quarter valued at approximately $27,000. FNY Investment Advisers LLC acquired a new stake in Zoom Communications during the second quarter worth about $31,000. Root Financial Partners LLC bought a new position in Zoom Communications in the 3rd quarter valued at about $33,000. Quent Capital LLC acquired a new position in shares of Zoom Communications in the 3rd quarter valued at approximately $34,000. Finally, Cloud Capital Management LLC acquired a new position in shares of Zoom Communications in the 3rd quarter valued at approximately $42,000. Institutional investors and hedge funds own 66.54% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently issued reports on the stock. Sanford C. Bernstein reissued a “market perform” rating and issued a $90.00 price objective on shares of Zoom Communications in a research note on Tuesday, November 25th. Morgan Stanley boosted their price target on Zoom Communications from $85.00 to $92.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 25th. Wall Street Zen downgraded Zoom Communications from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 15th. JPMorgan Chase & Co. increased 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. Finally, Weiss Ratings restated a “buy (b-)” rating on shares of Zoom Communications in a research report on Monday, December 29th. Fourteen analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned 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 target price of $94.74.

Insider Activity at Zoom Communications

In related news, Director Santiago Subotovsky sold 2,475 shares of the business’s stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $90.39, for a total value of $223,715.25. Following the transaction, the director owned 155,917 shares in the company, valued at $14,093,337.63. The trade was a 1.56% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, CEO Eric S. Yuan sold 12,100 shares of the stock in a transaction dated Monday, February 2nd. The stock was sold at an average price of $93.01, for a total value of $1,125,421.00. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 183,089 shares of company stock valued at $15,751,383 over the last 90 days. 11.51% of the stock is owned by company insiders.

Zoom Communications Stock Down 0.7%

Shares of NASDAQ:ZM opened at $90.29 on Friday. The firm has a market cap of $26.73 billion, a P/E ratio of 17.57, a P/E/G ratio of 8.14 and a beta of 0.90. The business has a fifty day simple moving average of $88.31 and a 200 day simple moving average of $84.04. Zoom Communications, Inc. has a 12-month low of $64.41 and a 12-month high of $97.58.

Zoom Communications (NASDAQ:ZM) last issued its quarterly earnings data on Monday, November 24th. The company reported $1.52 earnings per share (EPS) 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 the consensus estimate 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 was up 4.4% compared to the same quarter last year. During the same period last year, the company earned $1.38 earnings per share. 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, equities research analysts expect that Zoom Communications, Inc. will post 2.93 EPS for the current year.

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.