Zoom Communications, Inc. $ZM Shares Sold by Bank Hapoalim BM

Bank Hapoalim BM cut its stake in Zoom Communications, Inc. (NASDAQ:ZM) by 24.4% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 55,942 shares of the company’s stock after selling 18,050 shares during the quarter. Bank Hapoalim BM’s holdings in Zoom Communications were worth $4,615,000 at the end of the most recent reporting period.

Several other large investors have also recently made changes to their positions in ZM. NewEdge Advisors LLC increased its holdings in Zoom Communications by 16.8% in the first quarter. NewEdge Advisors LLC now owns 8,009 shares of the company’s stock valued at $591,000 after buying an additional 1,153 shares in the last quarter. Intech Investment Management LLC grew its holdings in Zoom Communications by 59.1% in the first quarter. Intech Investment Management LLC now owns 16,785 shares of the company’s stock valued at $1,238,000 after purchasing an additional 6,235 shares during the period. Geneos Wealth Management Inc. raised its stake in shares of 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 buying an additional 397 shares during the period. Parallel Advisors LLC grew its stake in Zoom Communications by 27.4% in the 2nd quarter. Parallel Advisors LLC now owns 2,970 shares of the company’s stock valued at $232,000 after acquiring an additional 638 shares during the period. Finally, MassMutual Private Wealth & Trust FSB increased its holdings in Zoom Communications by 44.4% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 556 shares of the company’s stock worth $43,000 after acquiring an additional 171 shares in the last quarter. 66.54% of the stock is currently owned by institutional investors and hedge funds.

Insider Buying and Selling at Zoom Communications

In related news, CEO Eric S. Yuan sold 73,383 shares of the business’s stock in a transaction on Wednesday, October 22nd. The shares were sold at an average price of $82.65, for a total value of $6,065,104.95. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CFO Michelle Chang sold 8,417 shares of the firm’s stock in a transaction on Monday, January 12th. The stock was sold at an average price of $86.54, for a total value of $728,407.18. Following the transaction, the chief financial officer directly owned 25,482 shares of the company’s stock, valued at approximately $2,205,212.28. This represents a 24.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 452,369 shares of company stock worth $38,159,479. 11.51% of the stock is currently owned by company insiders.

Zoom Communications Stock Down 0.7%

Shares of ZM opened at $80.96 on Friday. The stock has a market cap of $23.97 billion, a PE ratio of 15.75, a PEG ratio of 7.27 and a beta of 0.87. Zoom Communications, Inc. has a 12-month low of $64.41 and a 12-month high of $91.43. The business has a 50-day simple moving average of $85.40 and a two-hundred day simple moving average of $81.45.

Zoom Communications (NASDAQ:ZM) last released its quarterly earnings results on Monday, November 24th. The company reported $1.52 earnings per share for the quarter, topping the consensus estimate of $1.44 by $0.08. Zoom Communications had a return on equity of 12.20% and a net margin of 33.17%.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 business posted $1.38 earnings per share. The business’s quarterly 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. On average, equities research analysts expect that Zoom Communications, Inc. will post 2.93 EPS for the current year.

Analyst Ratings Changes

A number of analysts have recently commented on ZM shares. Rosenblatt Securities reissued a “buy” rating and set a $115.00 target price on shares of Zoom Communications in a research note on Tuesday, November 25th. JPMorgan Chase & Co. increased their price objective on Zoom Communications from $85.00 to $90.00 and gave the company a “neutral” rating in a research note on Tuesday, November 25th. Wall Street Zen cut shares of Zoom Communications from a “strong-buy” rating to a “buy” rating in a research report on Saturday, November 15th. Jefferies Financial Group boosted their price target on shares of Zoom Communications from $100.00 to $105.00 and gave the stock a “buy” rating in a research report on Tuesday, November 25th. Finally, Morgan Stanley raised their target price on shares of Zoom Communications from $85.00 to $92.00 and gave the stock an “equal weight” rating in a research note on Tuesday, November 25th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat, Zoom Communications has an average rating of “Moderate Buy” and a consensus target price of $93.82.

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.