Zoom Communications, Inc. $ZM Shares Sold by Hussman Strategic Advisors Inc.

Hussman Strategic Advisors Inc. cut its holdings in Zoom Communications, Inc. (NASDAQ:ZM) by 20.0% during the 3rd quarter, Holdings Channel.com reports. The fund owned 25,200 shares of the company’s stock after selling 6,300 shares during the quarter. Hussman Strategic Advisors Inc.’s holdings in Zoom Communications were worth $2,079,000 at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Norges Bank acquired a new position in shares of Zoom Communications in the 2nd quarter worth approximately $539,998,000. Acadian Asset Management LLC grew its position 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 worth $293,909,000 after buying an additional 1,097,333 shares during the last quarter. Pacer Advisors Inc. increased its holdings in shares of 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 buying an additional 949,829 shares in the last quarter. Robeco Institutional Asset Management B.V. increased its holdings in shares of 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 valued at $166,651,000 after buying an additional 830,393 shares in the last quarter. Finally, Wedge Capital Management L L P NC acquired a new stake in shares of Zoom Communications during the 3rd quarter valued at $63,357,000. Institutional investors own 66.54% of the company’s stock.

Insiders Place Their Bets

In related news, CEO Eric S. Yuan sold 73,378 shares of Zoom Communications stock in a transaction dated Monday, November 3rd. The stock was sold at an average price of $86.15, for a total value of $6,321,514.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, COO Aparna Bawa sold 12,137 shares of the company’s stock in a transaction on Friday, January 16th. The shares were sold at an average price of $81.37, for a total transaction of $987,587.69. Following the sale, the chief operating officer owned 1,978 shares of the company’s stock, valued at $160,949.86. The trade was a 85.99% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 317,745 shares of company stock worth $27,002,595 over the last ninety days. 10.78% of the stock is owned by insiders.

Zoom Communications Stock Down 1.1%

NASDAQ:ZM opened at $94.44 on Wednesday. The firm has a market cap of $27.96 billion, a price-to-earnings ratio of 18.37, a P/E/G ratio of 8.58 and a beta of 0.87. Zoom Communications, Inc. has a 12 month low of $64.41 and a 12 month high of $97.24. The company’s 50 day moving average is $85.80 and its 200-day moving average is $81.95.

Zoom Communications (NASDAQ:ZM) last issued its quarterly earnings results on Monday, November 24th. The company reported $1.52 earnings per share 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 the consensus estimate of $1.21 billion. Zoom Communications had a net margin of 33.17% and a return on equity of 12.20%. 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. Research analysts predict that Zoom Communications, Inc. will post 2.93 EPS for the current fiscal year.

Wall Street Analyst Weigh In

ZM has been the topic of a number of recent analyst reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Zoom Communications in a research report on Monday, December 29th. Morgan Stanley boosted their price objective on Zoom Communications from $85.00 to $92.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 25th. Jefferies Financial Group raised their target price on shares of Zoom Communications from $100.00 to $105.00 and gave the stock a “buy” rating in a report on Tuesday, November 25th. Sanford C. Bernstein restated a “market perform” rating and set a $90.00 price target on shares of Zoom Communications in a report on Tuesday, November 25th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating and issued a $100.00 price objective on shares of Zoom Communications in a research note on Tuesday, November 25th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average price target 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.