Lane Generational LLC decreased its stake in Zoom Communications, Inc. (NASDAQ:ZM – Free Report) by 25.6% in the 3rd quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 48,835 shares of the company’s stock after selling 16,797 shares during the period. Zoom Communications accounts for 3.3% of Lane Generational LLC’s investment portfolio, making the stock its 11th largest holding. Lane Generational LLC’s holdings in Zoom Communications were worth $4,029,000 as of its most recent filing with the Securities and Exchange Commission.
A number of other hedge funds have also recently modified their holdings of ZM. Elevation Point Wealth Partners LLC acquired a new stake in shares of Zoom Communications in the second quarter valued at approximately $27,000. REAP Financial Group LLC raised its position in Zoom Communications by 181.7% in the 2nd quarter. REAP Financial Group LLC now owns 355 shares of the company’s stock valued at $28,000 after purchasing an additional 229 shares during the last quarter. FNY Investment Advisers LLC purchased a new stake in Zoom Communications in the 2nd quarter valued at $31,000. Root Financial Partners LLC acquired a new stake in Zoom Communications during the 3rd quarter worth $33,000. Finally, Quent Capital LLC purchased a new position in Zoom Communications during the 3rd quarter worth $34,000. 66.54% of the stock is owned by hedge funds and other institutional investors.
Insider Buying and Selling at Zoom Communications
In related news, COO Aparna Bawa sold 12,137 shares of Zoom Communications stock in a transaction on Friday, January 16th. The shares were sold at an average price of $81.37, for a total transaction of $987,587.69. Following the sale, the chief operating officer owned 1,978 shares of the company’s stock, valued at $160,949.86. The trade was a 85.99% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Velchamy Sankarlingam sold 7,568 shares of Zoom Communications stock in a transaction dated Monday, January 12th. The stock was sold at an average price of $86.55, for a total value of $655,010.40. Following the sale, the insider directly owned 136,182 shares in the company, valued at approximately $11,786,552.10. The trade was a 5.26% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 317,745 shares of company stock worth $27,002,595. Corporate insiders own 11.51% of the company’s stock.
Zoom Communications Stock Down 0.5%
Zoom Communications (NASDAQ:ZM – Get Free Report) last issued its quarterly earnings results 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 firm had revenue of $1.23 billion for the quarter, compared to analyst estimates of $1.21 billion. Zoom Communications had a return on equity of 12.20% and a net margin of 33.17%.The firm’s quarterly revenue was up 4.4% on a year-over-year basis. During the same period last year, the company earned $1.38 EPS. 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. On average, sell-side analysts anticipate that Zoom Communications, Inc. will post 2.93 earnings per share for the current year.
Wall Street Analysts Forecast Growth
A number of analysts have weighed in on ZM shares. Zacks Research raised Zoom Communications from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 31st. Morgan Stanley increased 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. Sanford C. Bernstein reiterated a “market perform” rating and issued a $90.00 price objective on shares of Zoom Communications in a research report on Tuesday, November 25th. Weiss Ratings restated a “buy (b-)” rating on shares of Zoom Communications in a research report on Monday, December 29th. Finally, Piper Sandler raised their target price on shares of Zoom Communications from $85.00 to $91.00 and gave the stock a “neutral” rating in a research note on Monday, January 5th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and an average target price of $93.82.
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.
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