18,766 Shares in Zoom Communications, Inc. $ZM Acquired by CGN Advisors LLC

CGN Advisors LLC bought a new stake in Zoom Communications, Inc. (NASDAQ:ZM) in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm bought 18,766 shares of the company’s stock, valued at approximately $1,619,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in ZM. Elevation Point Wealth Partners LLC acquired a new position in Zoom Communications during the second quarter worth $27,000. Root Financial Partners LLC acquired a new stake in shares of Zoom Communications in the third quarter valued at $33,000. Quent Capital LLC acquired a new stake in shares of Zoom Communications in the third quarter valued at $34,000. Cloud Capital Management LLC purchased a new stake in shares of Zoom Communications in the 3rd quarter valued at $42,000. Finally, SJS Investment Consulting Inc. raised its holdings in shares of Zoom Communications by 2,957.9% in the 3rd quarter. SJS Investment Consulting Inc. now owns 581 shares of the company’s stock valued at $48,000 after buying an additional 562 shares during the period. Hedge funds and other institutional investors own 66.54% of the company’s stock.

Insider Buying and Selling at Zoom Communications

In related news, CEO Eric S. Yuan sold 12,100 shares of the stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $93.01, for a total value of $1,125,421.00. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, CFO Michelle Chang sold 8,417 shares of the firm’s stock in a transaction on Monday, January 12th. The shares were sold at an average price of $86.54, for a total value of $728,407.18. Following the completion of the sale, the chief financial officer owned 25,482 shares in the company, valued at approximately $2,205,212.28. This represents a 24.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders sold 109,706 shares of company stock worth $9,299,555. 11.51% of the stock is currently owned by company insiders.

Analyst Ratings Changes

A number of brokerages recently commented on ZM. Sanford C. Bernstein lowered their target price on Zoom Communications from $90.00 to $88.00 and set a “market perform” rating for the company in a report on Thursday, February 26th. Morgan Stanley boosted their price target 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. Wedbush reissued an “outperform” rating and issued a $95.00 price objective on shares of Zoom Communications in a research note on Tuesday, November 25th. Wolfe Research upgraded shares of Zoom Communications from a “peer perform” rating to an “outperform” rating and set a $115.00 price objective for the company in a report on Thursday, February 5th. Finally, Argus upgraded shares of Zoom Communications to a “hold” rating in a report on Monday, March 9th. Fourteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $95.32.

Zoom Communications Stock Performance

ZM stock opened at $76.61 on Friday. The company’s 50 day moving average price is $84.43 and its 200 day moving average price is $84.34. The firm has a market capitalization of $22.68 billion, a price-to-earnings ratio of 12.36, a PEG ratio of 4.39 and a beta of 0.93. Zoom Communications, Inc. has a fifty-two week low of $64.41 and a fifty-two week high of $97.58.

Zoom Communications (NASDAQ:ZM) last issued its quarterly earnings results on Wednesday, February 25th. The company reported $1.44 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.04). Zoom Communications had a return on equity of 11.88% and a net margin of 39.03%.The firm had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.23 billion. During the same quarter in the prior year, the firm earned $1.41 EPS. The firm’s revenue was up 5.3% compared to the same quarter last year. 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. Equities analysts forecast that Zoom Communications, Inc. will post 2.93 EPS for the current fiscal year.

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.