Kepler Cheuvreux Suisse SA Sells 141,837 Shares of Zoom Communications, Inc. $ZM

Kepler Cheuvreux Suisse SA decreased its stake in Zoom Communications, Inc. (NASDAQ:ZM) by 62.9% during the fourth quarter, Holdings Channel.com reports. The institutional investor owned 83,599 shares of the company’s stock after selling 141,837 shares during the quarter. Kepler Cheuvreux Suisse SA’s holdings in Zoom Communications were worth $7,214,000 at the end of the most recent reporting period.

Other institutional investors have also recently made changes to their positions in the company. Toth Financial Advisory Corp bought a new position in shares of Zoom Communications during the 4th quarter valued at $28,000. Root Financial Partners LLC bought a new position in shares of Zoom Communications during the 3rd quarter valued at $33,000. Sound Income Strategies LLC grew its holdings in shares of Zoom Communications by 94.8% during the 4th quarter. Sound Income Strategies LLC now owns 411 shares of the company’s stock valued at $33,000 after purchasing an additional 200 shares during the last quarter. Quent Capital LLC bought a new position in shares of Zoom Communications during the 3rd quarter valued at $34,000. Finally, Activest Wealth Management grew its holdings in shares of Zoom Communications by 4,318.2% during the 4th quarter. Activest Wealth Management now owns 486 shares of the company’s stock valued at $42,000 after purchasing an additional 475 shares during the last quarter. Institutional investors own 66.54% of the company’s stock.

Insider Transactions at Zoom Communications

In other news, insider Velchamy Sankarlingam sold 7,645 shares of the firm’s stock in a transaction dated Wednesday, April 15th. The shares were sold at an average price of $85.44, for a total value of $653,188.80. Following the completion of the sale, the insider directly owned 141,971 shares of the company’s stock, valued at approximately $12,130,002.24. This trade represents a 5.11% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Aparna Bawa sold 12,886 shares of Zoom Communications stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $87.62, for a total transaction of $1,129,071.32. Following the transaction, the chief operating officer directly owned 1,978 shares of the company’s stock, valued at approximately $173,312.36. This trade represents a 86.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 144,329 shares of company stock worth $12,364,989. 10.78% of the stock is owned by corporate insiders.

Wall Street Analyst Weigh In

ZM has been the topic of several recent research reports. Wolfe Research raised shares of Zoom Communications from a “peer perform” rating to an “outperform” rating and set a $115.00 target price on the stock in a report on Thursday, February 5th. Wall Street Zen cut shares of Zoom Communications from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. Needham & Company LLC reissued a “buy” rating and set a $100.00 price target on shares of Zoom Communications in a research report on Friday, March 13th. Weiss Ratings raised shares of Zoom Communications from a “buy (b-)” rating to a “buy (b)” rating in a research report on Friday, May 1st. Finally, Zacks Research cut shares of Zoom Communications from a “strong-buy” rating to a “hold” rating in a research report on Friday, February 13th. Fourteen investment 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’s stock. Based on 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

NASDAQ:ZM opened at $109.21 on Monday. The company has a 50-day moving average price of $83.24 and a 200-day moving average price of $85.37. Zoom Communications, Inc. has a 12 month low of $69.15 and a 12 month high of $109.50. The stock has a market cap of $32.18 billion, a price-to-earnings ratio of 17.61, a P/E/G ratio of 6.25 and a beta of 1.00.

Zoom Communications (NASDAQ:ZM) last posted its earnings results on Wednesday, February 25th. The company reported $1.44 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.04). Zoom Communications had a return on equity of 11.88% and a net margin of 39.03%.The company had revenue of $1.25 billion during the quarter, compared to analysts’ expectations of $1.23 billion. During the same period in the prior year, the business posted $1.41 earnings per share. The company’s revenue for the quarter was up 5.3% on a year-over-year basis. 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 3.94 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.