LSV Asset Management Grows Stake in Zoom Communications, Inc. $ZM

LSV Asset Management lifted its holdings in shares of Zoom Communications, Inc. (NASDAQ:ZM) by 5.0% during the 3rd quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 1,069,440 shares of the company’s stock after acquiring an additional 50,579 shares during the period. LSV Asset Management’s holdings in Zoom Communications were worth $88,229,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also recently added to or reduced their stakes in the business. NewEdge Advisors LLC raised its holdings in Zoom Communications by 16.8% during the first quarter. NewEdge Advisors LLC now owns 8,009 shares of the company’s stock worth $591,000 after purchasing an additional 1,153 shares in the last quarter. Intech Investment Management LLC grew its position in shares of Zoom Communications by 59.1% in the 1st quarter. Intech Investment Management LLC now owns 16,785 shares of the company’s stock valued at $1,238,000 after buying an additional 6,235 shares during the last quarter. Geneos Wealth Management Inc. raised its stake in Zoom Communications by 82.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 881 shares of the company’s stock worth $65,000 after acquiring an additional 397 shares in the last quarter. Sivia Capital Partners LLC purchased a new stake in Zoom Communications in the second quarter valued at $217,000. Finally, Truist Financial Corp boosted its stake in Zoom Communications by 20.0% in the second quarter. Truist Financial Corp now owns 7,150 shares of the company’s stock valued at $558,000 after acquiring an additional 1,192 shares in the last quarter. 66.54% of the stock is owned by institutional investors and hedge funds.

Insider Activity

In other Zoom Communications news, CEO Eric S. Yuan sold 73,378 shares of the business’s stock in a transaction that occurred on Monday, November 17th. The stock was sold at an average price of $82.73, for a total transaction of $6,070,561.94. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Santiago Subotovsky sold 2,475 shares of the stock in a transaction that occurred on Monday, January 5th. The stock was sold at an average price of $86.01, for a total value of $212,874.75. Following the transaction, the director directly owned 145,219 shares of the company’s stock, valued at approximately $12,490,286.19. This trade represents a 1.68% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 256,467 shares of company stock valued at $21,821,945 over the last ninety days. 11.51% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of analysts have recently commented on ZM shares. Morgan Stanley lifted their target price on Zoom Communications from $85.00 to $92.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 25th. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $87.00 price target on shares of Zoom Communications in a research 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 note on Tuesday, November 25th. Needham & Company LLC restated a “buy” rating and set a $100.00 target price on shares of Zoom Communications in a research report on Tuesday, November 25th. Finally, Wolfe Research raised shares of Zoom Communications from a “peer perform” rating to an “outperform” rating and set a $115.00 target price on the stock in a report on Thursday, February 5th. One analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price of $94.74.

Zoom Communications Price Performance

Zoom Communications stock opened at $92.24 on Friday. The business has a 50 day simple moving average of $88.03 and a 200-day simple moving average of $83.31. Zoom Communications, Inc. has a 12 month low of $64.41 and a 12 month high of $97.58. The stock has a market capitalization of $27.31 billion, a PE ratio of 17.95, a price-to-earnings-growth ratio of 8.25 and a beta of 0.90.

Zoom Communications (NASDAQ:ZM) last announced its quarterly earnings data on Monday, November 24th. The company reported $1.52 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.44 by $0.08. Zoom Communications had a net margin of 33.17% and a return on equity of 12.20%. The company had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.21 billion. During the same period in the previous year, the company posted $1.38 EPS. Zoom Communications’s revenue was up 4.4% compared to the same quarter last year. 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 anticipate 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.