Sequoia Financial Advisors LLC Buys 6,455 Shares of Zoom Communications, Inc. $ZM

Sequoia Financial Advisors LLC lifted its position in Zoom Communications, Inc. (NASDAQ:ZM) by 132.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 11,343 shares of the company’s stock after purchasing an additional 6,455 shares during the quarter. Sequoia Financial Advisors LLC’s holdings in Zoom Communications were worth $936,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Elevation Point Wealth Partners LLC bought a new stake in Zoom Communications during the second quarter worth about $27,000. REAP Financial Group LLC boosted its stake in Zoom Communications by 181.7% in the second quarter. REAP Financial Group LLC now owns 355 shares of the company’s stock valued at $28,000 after acquiring an additional 229 shares during the last quarter. FNY Investment Advisers LLC bought a new stake in Zoom Communications in the second quarter valued at about $31,000. Quent Capital LLC acquired a new stake in shares of Zoom Communications in the 3rd quarter valued at approximately $34,000. Finally, SJS Investment Consulting Inc. boosted its position in shares of Zoom Communications by 2,957.9% during the third quarter. SJS Investment Consulting Inc. now owns 581 shares of the company’s stock worth $48,000 after purchasing an additional 562 shares in the last quarter. Institutional investors own 66.54% of the company’s stock.

Insiders Place Their Bets

In related news, COO Aparna Bawa sold 12,137 shares of the firm’s stock in a transaction dated Friday, January 16th. The shares were sold at an average price of $81.37, for a total transaction of $987,587.69. Following the transaction, the chief operating officer directly owned 1,978 shares of the company’s stock, valued at approximately $160,949.86. This trade represents a 85.99% 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, insider Velchamy Sankarlingam sold 7,568 shares of the business’s stock in a transaction dated Monday, January 12th. The shares were sold at an average price of $86.55, for a total transaction of $655,010.40. Following the completion of the sale, the insider directly owned 136,182 shares of the company’s stock, valued at $11,786,552.10. This represents a 5.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 317,745 shares of company stock valued at $27,002,595 in the last three months. Insiders own 11.51% of the company’s stock.

Zoom Communications Trading Up 1.3%

Zoom Communications stock opened at $85.78 on Friday. The company has a market capitalization of $25.40 billion, a price-to-earnings ratio of 16.69, a PEG ratio of 7.60 and a beta of 0.87. The stock’s 50 day moving average is $85.27 and its 200-day moving average is $81.60. Zoom Communications, Inc. has a 12 month low of $64.41 and a 12 month high of $91.43.

Zoom Communications (NASDAQ:ZM) last released its quarterly earnings results 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. The business had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.21 billion. Zoom Communications had a return on equity of 12.20% and a net margin of 33.17%.The firm’s quarterly revenue was up 4.4% on a year-over-year basis. During the same period in the previous year, the company posted $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, equities research analysts predict that Zoom Communications, Inc. will post 2.93 earnings per share for the current fiscal year.

Analyst Ratings Changes

Several equities research analysts have recently issued reports on ZM shares. Jefferies Financial Group increased their price objective 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. Wedbush reissued an “outperform” rating and issued a $95.00 price objective on shares of Zoom Communications in a research report on Tuesday, November 25th. Sanford C. Bernstein reaffirmed a “market perform” rating and issued a $90.00 target price on shares of Zoom Communications in a report on Tuesday, November 25th. Royal Bank Of Canada reiterated an “outperform” rating and issued a $100.00 target price on shares of Zoom Communications in a research note on Tuesday, November 25th. Finally, Wall Street Zen lowered Zoom Communications from a “strong-buy” rating to a “buy” rating in a research note on Saturday, November 15th. One equities research analyst has rated the stock with a Strong Buy rating, thirteen have issued a Buy rating, twelve 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 “Moderate Buy” and a consensus price target of $93.82.

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.