Zoom Communications, Inc. $ZM Shares Sold by Swiss National Bank

Swiss National Bank lowered its position in Zoom Communications, Inc. (NASDAQ:ZM) by 6.2% during the third quarter, according to its most recent filing with the SEC. The institutional investor owned 712,700 shares of the company’s stock after selling 47,500 shares during the period. Swiss National Bank’s holdings in Zoom Communications were worth $58,798,000 at the end of the most recent quarter.

A number of other large investors have also modified their holdings of the business. Vanguard Group Inc. lifted its stake in Zoom Communications by 4.0% in the 3rd quarter. Vanguard Group Inc. now owns 25,937,601 shares of the company’s stock worth $2,139,852,000 after purchasing an additional 986,164 shares in the last quarter. State Street Corp lifted its position in Zoom Communications by 6.0% during the second quarter. State Street Corp now owns 7,189,501 shares of the company’s stock worth $560,637,000 after buying an additional 410,051 shares in the last quarter. Norges Bank acquired a new position in Zoom Communications during the second quarter worth $539,998,000. Geode Capital Management LLC boosted its stake in Zoom Communications by 0.5% during the second quarter. Geode Capital Management LLC now owns 4,795,307 shares of the company’s stock worth $373,504,000 after buying an additional 23,910 shares during the last quarter. Finally, Pacer Advisors Inc. grew its holdings in Zoom Communications by 54.4% in the 3rd quarter. Pacer Advisors Inc. now owns 2,695,193 shares of the company’s stock valued at $222,353,000 after buying an additional 949,829 shares in the last quarter. Hedge funds and other institutional investors own 66.54% of the company’s stock.

Insiders Place Their Bets

In other news, insider Velchamy Sankarlingam sold 7,568 shares of the business’s stock in a transaction dated Monday, January 12th. The stock was sold at an average price of $86.55, for a total transaction of $655,010.40. Following the completion of the transaction, the insider directly owned 136,182 shares of the company’s stock, valued at approximately $11,786,552.10. The trade was a 5.26% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, Director Santiago Subotovsky sold 2,475 shares of the firm’s stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $77.42, for a total transaction of $191,614.50. Following the completion of the sale, the director directly owned 153,442 shares in the company, valued at approximately $11,879,479.64. This trade represents a 1.59% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders have sold 183,084 shares of company stock worth $15,704,721. Corporate insiders own 11.51% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have recently weighed in on ZM. Wedbush reissued an “outperform” rating and set a $95.00 price target on shares of Zoom Communications in a research report on Tuesday, November 25th. Piper Sandler boosted their target price on shares of Zoom Communications from $85.00 to $91.00 and gave the company a “neutral” rating in a report on Monday, January 5th. BTIG Research cut their price target on shares of Zoom Communications from $105.00 to $100.00 and set a “buy” rating for the company in a report on Thursday, February 26th. KeyCorp upped their price objective on Zoom Communications from $69.00 to $74.00 and gave the company an “underweight” rating in a report on Thursday, February 26th. Finally, 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. Fourteen equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus price target of $95.32.

Zoom Communications Stock Down 0.4%

Zoom Communications stock opened at $76.05 on Thursday. Zoom Communications, Inc. has a 52-week low of $64.41 and a 52-week high of $97.58. The firm has a market cap of $22.52 billion, a PE ratio of 12.27, a price-to-earnings-growth ratio of 4.37 and a beta of 0.93. The company’s 50 day moving average is $85.82 and its two-hundred day moving average is $84.62.

Zoom Communications (NASDAQ:ZM) last posted its quarterly earnings data on Wednesday, February 25th. The company reported $1.44 earnings per share for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.04). The company had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.23 billion. Zoom Communications had a return on equity of 11.88% and a net margin of 39.03%.The firm’s revenue was up 5.3% compared to the same quarter last year. During the same period in the prior year, the company posted $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 research analysts anticipate that Zoom Communications, Inc. will post 2.93 earnings per share for the current fiscal year.

Zoom Communications News Roundup

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

• Positive Sentiment: Zoom expanded its enterprise “agentic” AI platform and rolled out AI Companion 3.0 plus custom AI agents to orchestrate workflows across meetings, Phone, CX and Workplace — a product push that could drive enterprise upsells and stickier revenue. Zoom expands enterprise agentic AI platform to orchestrate workflows across collaboration and customer experience
• Positive Sentiment: TechCrunch reports Zoom launched an AI-powered office suite (Docs, Slides, Sheets), an AI agent builder, voice translation and imminent AI avatars for meetings — new product initiatives that broaden revenue opportunities beyond Meetings. Zoom introduces an AI-powered office suite, says AI avatars for meetings arrive this month
• Positive Sentiment: PCI Pal expanded its partnership to add secure, compliant payment capabilities to Zoom Virtual Agent — a niche but valuable CX integration that can enhance Zoom’s customer-experience (CX) product value and enterprise adoption. PCI Pal Advances AI-Driven Customer Engagement with Secure Payment Experiences for Zoom Virtual Agent
• Positive Sentiment: Coverage reiterating Zoom’s focus on AI integration and enterprise revenue growth (citing CFO comments at the Morgan Stanley TMT conference) supports the narrative of strategic refocus toward higher-value enterprise offerings. Zoom Communications, Inc. (ZM) Focused on AI Integration and Enterprise Revenue Growth
• Neutral Sentiment: Argus moved Zoom to a “hold” rating — not a strong buy signal, but also not a downgrade to sell; this may temper bullish sentiment without creating a major catalyst. Argus upgrade to hold
• Neutral Sentiment: An article on small-cap Russell 2000 names appeared in coverage; this is likely immaterial to Zoom’s story and investor reaction given Zoom’s market cap and enterprise focus. 3 Russell 2000 Stocks We Think Twice About
• Negative Sentiment: An insider (Velchamy Sankarlingam) sold 2,590 shares (~$202k) on Mar 10, reducing his stake ~1.85% — a small but visible insider sale that can be interpreted negatively by short-term investors. Insider sale filing

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.