Baader Bank Aktiengesellschaft Purchases Shares of 6,876 Zoom Communications, Inc. $ZM

Baader Bank Aktiengesellschaft purchased a new stake in Zoom Communications, Inc. (NASDAQ:ZM) during the 4th quarter, Holdings Channel.com reports. The fund purchased 6,876 shares of the company’s stock, valued at approximately $584,000.

Several other institutional investors and hedge funds also recently made changes to their positions in ZM. AQR Capital Management LLC boosted its stake in shares of Zoom Communications by 23.4% in the 3rd quarter. AQR Capital Management LLC now owns 8,477,057 shares of the company’s stock valued at $699,357,000 after purchasing an additional 1,607,253 shares in the last quarter. Two Sigma Investments LP acquired a new stake in shares of Zoom Communications in the 3rd quarter valued at $86,709,000. Vanguard Group Inc. boosted its stake in shares of Zoom Communications by 4.0% in 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 in the last quarter. Arrowstreet Capital Limited Partnership boosted its stake in shares of Zoom Communications by 46.2% in 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 in the last quarter. Finally, Amundi boosted its stake in shares of Zoom Communications by 87.4% in the 3rd quarter. Amundi now owns 1,637,670 shares of the company’s stock valued at $132,700,000 after purchasing an additional 763,779 shares in the last quarter. Institutional investors and hedge funds own 66.54% of the company’s stock.

Zoom Communications Stock Down 4.1%

Shares of NASDAQ ZM opened at $98.23 on Friday. The firm’s 50-day simple moving average is $86.01 and its 200 day simple moving average is $86.11. The company has a market cap of $28.95 billion, a price-to-earnings ratio of 15.84, a price-to-earnings-growth ratio of 5.86 and a beta of 1.00. Zoom Communications, Inc. has a 12-month low of $69.15 and a 12-month high of $111.56.

Zoom Communications (NASDAQ:ZM) last issued its quarterly earnings results on Wednesday, February 25th. The company reported $1.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.48 by ($0.04). The company had revenue of $1.25 billion for the quarter, compared to analyst estimates of $1.23 billion. Zoom Communications had a return on equity of 11.88% and a net margin of 39.03%.The firm’s quarterly revenue was up 5.3% on a year-over-year basis. During the same quarter last year, the company earned $1.41 EPS. Zoom Communications has set its FY 2027 guidance at 5.770-5.810 EPS and its Q1 2027 guidance at 1.400-1.420 EPS. On average, equities analysts expect that Zoom Communications, Inc. will post 3.94 earnings per share for the current year.

Insider Buying and Selling at Zoom Communications

In related news, insider Velchamy Sankarlingam sold 7,645 shares of the firm’s stock in a transaction dated Wednesday, April 15th. The stock was sold at an average price of $85.44, for a total value of $653,188.80. Following the transaction, the insider owned 141,971 shares in the company, valued at $12,130,002.24. This trade represents a 5.11% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Michelle Chang sold 8,489 shares of the firm’s stock in a transaction dated Friday, April 10th. The shares were sold at an average price of $81.32, for a total value of $690,325.48. Following the completion of the transaction, the chief financial officer owned 30,467 shares in the company, valued at approximately $2,477,576.44. This represents a 21.79% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold 144,329 shares of company stock worth $12,364,989 over the last quarter. Corporate insiders own 11.51% of the company’s stock.

Analyst Ratings Changes

ZM has been the topic of several recent analyst reports. Rosenblatt Securities restated a “buy” rating and issued a $115.00 target price on shares of Zoom Communications in a research note on Thursday, February 26th. Argus upgraded shares of Zoom Communications to a “hold” rating in a research note on Monday, March 9th. Zacks Research downgraded shares of Zoom Communications from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 13th. BTIG Research reduced their target price on shares of Zoom Communications from $105.00 to $100.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Finally, Needham & Company LLC restated a “buy” rating and issued a $100.00 target price on shares of Zoom Communications in a research note on Friday, March 13th. Fourteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Hold” and an average target price of $95.32.

About Zoom Communications

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.