Cwm LLC Raises Stock Position in Zoom Communications, Inc. $ZM

Cwm LLC increased its stake in Zoom Communications, Inc. (NASDAQ:ZM) by 76.7% in the 3rd quarter, HoldingsChannel reports. The fund owned 214,537 shares of the company’s stock after acquiring an additional 93,131 shares during the period. Cwm LLC’s holdings in Zoom Communications were worth $17,699,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also added to or reduced their stakes in the stock. Elevation Point Wealth Partners LLC purchased a new position in shares of Zoom Communications in the 2nd quarter worth approximately $27,000. REAP Financial Group LLC lifted its position in Zoom Communications by 181.7% in the second quarter. REAP Financial Group LLC now owns 355 shares of the company’s stock worth $28,000 after buying an additional 229 shares during the last quarter. FNY Investment Advisers LLC purchased a new position in Zoom Communications during the second quarter worth $31,000. GKV Capital Management Co. Inc. bought a new position in Zoom Communications during the first quarter valued at $31,000. Finally, MassMutual Private Wealth & Trust FSB raised its stake in shares of Zoom Communications by 44.4% in the second quarter. MassMutual Private Wealth & Trust FSB now owns 556 shares of the company’s stock valued at $43,000 after acquiring an additional 171 shares during the period. 66.54% of the stock is currently owned by hedge funds and other institutional investors.

Zoom Communications Stock Up 0.3%

Shares of NASDAQ:ZM opened at $88.04 on Friday. The business’s 50 day moving average is $85.08 and its 200 day moving average is $80.67. The stock has a market cap of $26.07 billion, a P/E ratio of 17.13, a price-to-earnings-growth ratio of 7.91 and a beta of 0.81. Zoom Communications, Inc. has a 52-week low of $64.41 and a 52-week high of $91.43.

Zoom Communications (NASDAQ:ZM) last issued its earnings results on Monday, November 24th. The company reported $1.52 earnings per share for the quarter, beating analysts’ consensus estimates of $1.44 by $0.08. Zoom Communications had a return on equity of 12.20% and a net margin of 33.17%.The business had revenue of $1.23 billion during the quarter, compared to analyst estimates 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% on a year-over-year basis. 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 EPS for the current fiscal year.

Wall Street Analyst Weigh In

ZM has been the subject of a number of recent analyst reports. Benchmark lifted their price target on shares of Zoom Communications from $102.00 to $110.00 and gave the stock a “buy” rating in a research note on Thursday, September 18th. Wall Street Zen lowered Zoom Communications from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 15th. Citigroup increased their price target on Zoom Communications from $85.00 to $94.00 and gave the stock a “neutral” rating in a report on Monday, November 17th. Cantor Fitzgerald reissued a “neutral” rating and set a $87.00 price target on shares of Zoom Communications in a research note on Tuesday, November 25th. Finally, Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $90.00 price objective on shares of Zoom Communications in a research report on Tuesday, November 25th. Twelve investment analysts have rated the stock with a Buy rating, fourteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Zoom Communications presently has an average rating of “Hold” and an average target price of $93.00.

Insider Transactions at Zoom Communications

In related news, insider Velchamy Sankarlingam sold 2,595 shares of the company’s stock in a transaction dated Wednesday, December 10th. The shares were sold at an average price of $87.84, for a total value of $227,944.80. Following the completion of the sale, the insider directly owned 133,659 shares of the company’s stock, valued at $11,740,606.56. This represents a 1.90% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, Director Santiago Subotovsky sold 2,475 shares of the firm’s stock in a transaction dated Thursday, December 4th. The shares were sold at an average price of $86.05, for a total transaction of $212,973.75. Following the transaction, the director directly owned 147,694 shares in the company, valued at $12,709,068.70. This trade represents a 1.65% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 462,751 shares of company stock valued at $38,730,439. Insiders own 11.51% of the company’s stock.

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.