3Chopt Investment Partners LLC Has $461,000 Stock Holdings in Zoom Communications, Inc. $ZM

3Chopt Investment Partners LLC grew its holdings in Zoom Communications, Inc. (NASDAQ:ZM) by 101.4% in the second quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor owned 5,910 shares of the company’s stock after buying an additional 2,976 shares during the quarter. 3Chopt Investment Partners LLC’s holdings in Zoom Communications were worth $461,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in the business. Principal Financial Group Inc. boosted its holdings in Zoom Communications by 18.5% in the first quarter. Principal Financial Group Inc. now owns 175,918 shares of the company’s stock valued at $12,977,000 after acquiring an additional 27,430 shares during the last quarter. Cambridge Investment Research Advisors Inc. boosted its holdings in Zoom Communications by 15.5% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 11,928 shares of the company’s stock valued at $880,000 after acquiring an additional 1,601 shares during the last quarter. Yousif Capital Management LLC boosted its holdings in Zoom Communications by 31.9% in the first quarter. Yousif Capital Management LLC now owns 4,453 shares of the company’s stock valued at $328,000 after acquiring an additional 1,076 shares during the last quarter. Spire Wealth Management boosted its holdings in Zoom Communications by 990.6% in the first quarter. Spire Wealth Management now owns 1,396 shares of the company’s stock valued at $103,000 after acquiring an additional 1,268 shares during the last quarter. Finally, Circle Wealth Management LLC boosted its holdings in Zoom Communications by 201.6% in the first quarter. Circle Wealth Management LLC now owns 20,391 shares of the company’s stock valued at $1,504,000 after acquiring an additional 13,629 shares during 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 other news, CEO Eric S. Yuan sold 33,691 shares of Zoom Communications stock in a transaction dated Monday, July 14th. The stock was sold at an average price of $74.79, for a total transaction of $2,519,749.89. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, Director Santiago Subotovsky sold 2,475 shares of Zoom Communications stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $80.78, for a total value of $199,930.50. Following the transaction, the director owned 152,644 shares in the company, valued at $12,330,582.32. This trade represents a 1.60% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 82,739 shares of company stock worth $6,286,322 over the last three months. Company insiders own 11.51% of the company’s stock.

Analyst Ratings Changes

ZM has been the topic of several recent research reports. Robert W. Baird decreased their price target on Zoom Communications from $100.00 to $95.00 and set an “outperform” rating on the stock in a report on Friday, August 22nd. Weiss Ratings reiterated a “hold (c)” rating on shares of Zoom Communications in a report on Saturday, September 27th. Zacks Research upgraded Zoom Communications from a “hold” rating to a “strong-buy” rating in a report on Thursday, September 18th. Cantor Fitzgerald restated a “neutral” rating and set a $87.00 target price on shares of Zoom Communications in a report on Thursday, September 18th. Finally, Piper Sandler restated a “neutral” rating and set a $85.00 target price on shares of Zoom Communications in a report on Friday, August 22nd. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Hold” and an average target price of $91.74.

Zoom Communications Trading Down 2.9%

Shares of ZM opened at $80.28 on Friday. Zoom Communications, Inc. has a 1 year low of $64.41 and a 1 year high of $92.80. The stock has a market cap of $24.29 billion, a P/E ratio of 21.18, a price-to-earnings-growth ratio of 11.31 and a beta of 0.78. The stock’s 50-day moving average price is $79.79 and its two-hundred day moving average price is $77.67.

Zoom Communications (NASDAQ:ZM) last released its quarterly earnings data on Thursday, August 21st. The company reported $0.99 earnings per share for the quarter, missing the consensus estimate of $1.38 by ($0.39). Zoom Communications had a net margin of 24.99% and a return on equity of 11.91%. The business had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter last year, the firm earned $1.39 EPS. The company’s revenue for the quarter was up 4.7% on a year-over-year basis. Zoom Communications has set its FY 2026 guidance at 5.810-5.840 EPS. Q3 2026 guidance at 1.420-1.44 EPS. As a group, equities analysts forecast that Zoom Communications, Inc. will post 2.93 EPS for the current year.

Zoom Communications Profile

Zoom Video Communications, Inc provides unified communications platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company offers Zoom Meetings that offers HD video, voice, chat, and content sharing through mobile devices, desktops, laptops, telephones, and conference room systems; Zoom Phone, an enterprise cloud phone system; and Zoom Chat enables users to share messages, images, audio files, and content in desktop, laptop, tablet, and mobile devices.