CWA Asset Management Group LLC Invests $5.54 Million in Zoom Communications, Inc. $ZM

CWA Asset Management Group LLC acquired a new stake in Zoom Communications, Inc. (NASDAQ:ZM) during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 67,134 shares of the company’s stock, valued at approximately $5,539,000.

Several other institutional investors and hedge funds have also recently bought and sold shares of the stock. Norges Bank acquired a new stake in Zoom Communications in the 2nd quarter valued at about $539,998,000. Acadian Asset Management LLC raised its holdings in Zoom Communications by 41.1% in the second quarter. Acadian Asset Management LLC now owns 3,769,480 shares of the company’s stock valued at $293,909,000 after acquiring an additional 1,097,333 shares in the last quarter. Pacer Advisors Inc. raised its holdings in Zoom Communications by 54.4% in the third quarter. Pacer Advisors Inc. now owns 2,695,193 shares of the company’s stock valued at $222,353,000 after acquiring an additional 949,829 shares in the last quarter. Robeco Institutional Asset Management B.V. lifted its stake in Zoom Communications by 63.5% in the second quarter. Robeco Institutional Asset Management B.V. now owns 2,137,093 shares of the company’s stock worth $166,651,000 after acquiring an additional 830,393 shares during the last quarter. Finally, Wedge Capital Management L L P NC acquired a new position in Zoom Communications during the 3rd quarter worth approximately $63,357,000. 66.54% of the stock is owned by institutional investors and hedge funds.

Zoom Communications Stock Performance

Shares of ZM stock opened at $83.32 on Monday. The stock’s 50-day moving average is $85.36 and its two-hundred day moving average is $80.98. Zoom Communications, Inc. has a 1 year low of $64.41 and a 1 year high of $91.43. The firm has a market cap of $24.67 billion, a price-to-earnings ratio of 16.21, a PEG ratio of 7.48 and a beta of 0.87.

Zoom Communications (NASDAQ:ZM) last announced its earnings results on Monday, November 24th. The company reported $1.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.44 by $0.08. The firm had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.21 billion. Zoom Communications had a return on equity of 12.20% and a net margin of 33.17%.The business’s revenue was up 4.4% on a year-over-year basis. During the same period in the prior year, the firm 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. As a group, research analysts predict that Zoom Communications, Inc. will post 2.93 EPS for the current year.

Analyst Ratings Changes

A number of equities research analysts have recently weighed in on ZM shares. JPMorgan Chase & Co. raised their price objective on shares of Zoom Communications from $85.00 to $90.00 and gave the company a “neutral” rating in a report on Tuesday, November 25th. William Blair restated an “outperform” rating on shares of Zoom Communications in a research note on Tuesday, September 30th. Morgan Stanley lifted 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. Wall Street Zen downgraded Zoom Communications from a “strong-buy” rating to a “buy” rating in a report on Saturday, November 15th. Finally, Zacks Research raised Zoom Communications from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 31st. One analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $93.00.

Insider Buying and Selling at Zoom Communications

In related news, insider Velchamy Sankarlingam sold 7,660 shares of the company’s stock in a transaction on Friday, October 10th. The shares were sold at an average price of $82.00, for a total value of $628,120.00. Following the completion of the sale, the insider owned 132,795 shares in the company, valued at $10,889,190. This represents a 5.45% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, CFO Michelle Chang sold 33,956 shares of the stock in a transaction on Friday, October 10th. The stock was sold at an average price of $82.00, for a total transaction of $2,784,392.00. Following the sale, the chief financial officer owned 20,539 shares of the company’s stock, valued at approximately $1,684,198. This represents a 62.31% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last three months, insiders have sold 460,276 shares of company stock valued at $38,530,509. 10.78% of the stock is currently owned by insiders.

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.