Arbejdsmarkedets Tillaegspension Makes New Investment in Zoom Communications, Inc. $ZM

Arbejdsmarkedets Tillaegspension purchased a new position in Zoom Communications, Inc. (NASDAQ:ZM) during the fourth quarter, Holdings Channel reports. The fund purchased 265,422 shares of the company’s stock, valued at approximately $22,903,000.

A number of other large investors have also bought and sold shares of the stock. Vanguard Group Inc. increased its stake in Zoom Communications by 4.0% in the 4th quarter. Vanguard Group Inc. now owns 26,967,224 shares of the company’s stock worth $2,327,002,000 after purchasing an additional 1,029,623 shares during the period. AQR Capital Management LLC grew its position 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 worth $699,357,000 after buying an additional 1,607,253 shares during the last quarter. State Street Corp grew its position in shares of Zoom Communications by 0.4% in the 3rd quarter. State Street Corp now owns 7,219,148 shares of the company’s stock worth $595,580,000 after buying an additional 29,647 shares during the last quarter. Arrowstreet Capital Limited Partnership grew its position 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 worth $218,282,000 after buying an additional 836,594 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. grew its position in shares of Zoom Communications by 9.9% in the 4th quarter. Robeco Institutional Asset Management B.V. now owns 2,644,822 shares of the company’s stock worth $228,222,000 after buying an additional 238,698 shares during the last quarter. 66.54% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other Zoom Communications news, CEO Eric S. Yuan sold 12,100 shares of the business’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $106.60, for a total value of $1,289,860.00. The transaction was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Aparna Bawa sold 12,886 shares of the business’s stock in a transaction on Friday, April 17th. The stock was sold at an average price of $87.62, for a total value of $1,129,071.32. Following the completion of the transaction, the chief operating officer owned 1,978 shares of the company’s stock, valued at $173,312.36. This represents a 86.69% 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. In the last ninety days, insiders sold 144,329 shares of company stock valued at $12,364,989. Company insiders own 11.51% of the company’s stock.

Zoom Communications Trading Up 2.0%

Zoom Communications stock opened at $100.16 on Friday. The business’s fifty day simple moving average is $86.46 and its two-hundred day simple moving average is $86.21. Zoom Communications, Inc. has a 12 month low of $69.15 and a 12 month high of $111.56. The company has a market capitalization of $29.51 billion, a price-to-earnings ratio of 16.15, a price-to-earnings-growth ratio of 5.62 and a beta of 1.00.

Zoom Communications (NASDAQ:ZM) last released its earnings results on Wednesday, February 25th. The company reported $1.44 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.04). Zoom Communications had a return on equity of 11.88% and a net margin of 39.03%.The company had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.23 billion. During the same period last year, the firm posted $1.41 earnings per share. The company’s revenue was up 5.3% compared to the same quarter last year. 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 research analysts predict that Zoom Communications, Inc. will post 3.94 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on ZM shares. Wall Street Zen lowered Zoom Communications from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. Zacks Research lowered Zoom Communications from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 13th. Rosenblatt Securities reiterated a “buy” rating and issued a $115.00 price objective on shares of Zoom Communications in a research report on Thursday, February 26th. Sanford C. Bernstein cut their price objective on Zoom Communications from $90.00 to $88.00 and set a “market perform” rating on the stock in a research report on Thursday, February 26th. Finally, Argus upgraded Zoom Communications to a “hold” rating in a research report on Monday, March 9th. Fourteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $96.57.

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.