Zoom Communications, Inc. $ZM Shares Sold by Robeco Institutional Asset Management B.V.

Robeco Institutional Asset Management B.V. cut its stake in shares of Zoom Communications, Inc. (NASDAQ:ZM) by 30.1% during the 3rd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 559,643 shares of the company’s stock after selling 241,090 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 0.19% of Zoom Communications worth $50,799,000 at the end of the most recent quarter.

A number of other large investors have also bought and sold shares of ZM. Sumitomo Mitsui DS Asset Management Company Ltd raised its holdings in shares of Zoom Communications by 0.4% during the third quarter. Sumitomo Mitsui DS Asset Management Company Ltd now owns 26,215 shares of the company’s stock valued at $2,380,000 after purchasing an additional 107 shares during the period. Fortitude Family Office LLC boosted its position in shares of Zoom Communications by 27.2% during the 3rd quarter. Fortitude Family Office LLC now owns 533 shares of the company’s stock worth $48,000 after purchasing an additional 114 shares in the last quarter. 3Chopt Investment Partners LLC grew its stake in shares of Zoom Communications by 1.6% in the 1st quarter. 3Chopt Investment Partners LLC now owns 7,370 shares of the company’s stock valued at $592,000 after buying an additional 119 shares during the period. Rexford Capital Inc. grew its stake in shares of Zoom Communications by 45.7% in the 1st quarter. Rexford Capital Inc. now owns 389 shares of the company’s stock valued at $31,000 after buying an additional 122 shares during the period. Finally, Thurston Springer Miller Herd & Titak Inc. grew its stake in shares of Zoom Communications by 133.3% in the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 350 shares of the company’s stock valued at $30,000 after buying an additional 200 shares during the period. 66.54% of the stock is currently owned by institutional investors and hedge funds.

Zoom Communications Price Performance

ZM opened at $96.20 on Friday. Zoom Communications, Inc. has a fifty-two week low of $70.70 and a fifty-two week high of $114.74. The firm has a market capitalization of $28.07 billion, a PE ratio of 27.39, a P/E/G ratio of 4.59 and a beta of 1.03. The company’s 50-day moving average is $96.50 and its 200 day moving average is $95.10.

Zoom Communications (NASDAQ:ZM) last released its quarterly earnings results on Tuesday, August 25th. The company reported $1.55 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.48 by $0.07. The business had revenue of $1.28 billion during the quarter, compared to the consensus estimate of $1.27 billion. Zoom Communications had a return on equity of 10.86% and a net margin of 65.19%. The company’s quarterly revenue was up 4.9% on a year-over-year basis. During the same quarter in the previous year, the business earned $1.53 EPS. 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. As a group, analysts expect that Zoom Communications, Inc. will post 4.27 EPS for the current year.

Key Zoom Communications News

Here are the key news stories impacting Zoom Communications this week:

• Positive Sentiment: AI strategy strengthens growth narrative: Zoom unveiled a Unified Context Layer and additional AI products designed to convert meeting conversations into completed work across Zoom Workplace, customer experience, developer tools, and events. The initiatives could help expand Zoom beyond videoconferencing and create new revenue opportunities. Zoom Advances Its AI Strategy With a New Unified Context Layer
• Positive Sentiment: Analyst support remains strong: Oppenheimer upgraded Zoom to Outperform with a $130 price target after viewing its newer AI services favorably. Needham and RBC reaffirmed bullish ratings with $130 targets, while Rosenblatt and BTIG maintained Buy ratings with $130 and $125 targets, respectively. Zoom Video upgraded at Oppenheimer on AI platform traction
• Positive Sentiment: Enterprise momentum is encouraging: RBC cited enterprise growth as support for revenue reacceleration, while recent Zoomtopia commentary highlighted long-term financial targets, AI partnerships, and new services. The company’s latest reported quarter also exceeded consensus EPS and revenue expectations, with revenue up year over year.
• Neutral Sentiment: Valuation debate continues: A comparison with KANZHUN Limited (BZ) weighs which software stock offers better value, suggesting investors are assessing Zoom’s relatively low earnings multiple against its slower growth profile. Cantor Fitzgerald maintained a Neutral rating but set a $104 target. BZ or ZM: Which Is the Better Value Stock Right Now?
• Negative Sentiment: Shares underperformed the broader market: Zoom’s decline in the latest session was steeper than the overall market, indicating short-term selling pressure despite the positive AI announcements and analyst upgrades. Wells Fargo also reiterated a Hold rating, providing a more cautious counterpoint to the bullish calls. Wells Fargo Sticks to Their Hold Rating for Zoom Communications

Insider Transactions at Zoom Communications

In related news, insider Velchamy Sankarlingam sold 7,645 shares of Zoom Communications stock in a transaction that occurred on Monday, October 12th. The stock was sold at an average price of $99.26, for a total transaction of $758,842.70. Following the transaction, the insider owned 151,813 shares of the company’s stock, valued at $15,068,958.38. The trade was a 4.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. 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. Also, Director Santiago Subotovsky sold 2,637 shares of Zoom Communications stock in a transaction that occurred on Monday, October 5th. The shares were sold at an average price of $93.74, for a total value of $247,192.38. Following the transaction, the director directly owned 121,786 shares in the company, valued at approximately $11,416,219.64. The trade was a 2.12% 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 quarter, insiders sold 71,209 shares of company stock valued at $6,938,989. Corporate insiders own 8.83% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms recently weighed in on ZM. Morgan Stanley upped their price target on Zoom Communications from $105.00 to $107.00 and gave the stock an “equal weight” rating in a research note on Wednesday, August 26th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $130.00 price target on shares of Zoom Communications in a report on Wednesday. Bank of America began coverage on Zoom Communications in a research note on Wednesday, August 19th. They issued a “buy” rating and a $130.00 price objective for the company. KeyCorp restated a “sector weight” rating on shares of Zoom Communications in a report on Wednesday, August 26th. Finally, Oppenheimer upgraded Zoom Communications from a “market perform” rating to an “outperform” rating and set a $130.00 price objective for the company in a report on Wednesday. Sixteen investment analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $114.48.

About Zoom Communications

Zoom Communications, Inc (NASDAQ: ZM) is a communications technology company that provides cloud-based collaboration and customer engagement solutions. Founded in 2011 and headquartered in San Jose, California, the company is best known for Zoom Meetings, its videoconferencing platform for online meetings, webinars and virtual events.

The company’s product portfolio also includes Zoom Phone, a cloud-based business phone service; Zoom Team Chat; Zoom Rooms for hybrid meeting spaces; Zoom Whiteboard; and Zoom Contact Center.