4,888 Shares in Zoom Communications, Inc. $ZM Bought by Sequoia Financial Advisors LLC

Sequoia Financial Advisors LLC acquired a new position in Zoom Communications, Inc. (NASDAQ:ZM) during the second quarter, Holdings Channel reports. The firm acquired 4,888 shares of the company’s stock, valued at approximately $381,000.

Other institutional investors and hedge funds also recently made changes to their positions in the company. Wayfinding Financial LLC purchased a new stake in shares of Zoom Communications in the first quarter worth $25,000. SouthState Corp purchased a new stake in shares of Zoom Communications in the first quarter worth $25,000. REAP Financial Group LLC raised its position in shares of Zoom Communications by 181.7% in the second quarter. REAP Financial Group LLC now owns 355 shares of the company’s stock worth $28,000 after buying an additional 229 shares in the last quarter. GKV Capital Management Co. Inc. purchased a new stake in shares of Zoom Communications in the first quarter worth $31,000. Finally, Brooklyn Investment Group raised its position in Zoom Communications by 277.8% during the first quarter. Brooklyn Investment Group now owns 442 shares of the company’s stock valued at $33,000 after purchasing an additional 325 shares in the last quarter. Hedge funds and other institutional investors own 66.54% of the company’s stock.

Zoom Communications Trading Up 2.1%

Shares of NASDAQ:ZM opened at $83.61 on Wednesday. The stock’s 50-day moving average price is $81.06 and its 200-day moving average price is $78.00. Zoom Communications, Inc. has a 12-month low of $64.41 and a 12-month high of $92.80. The stock has a market capitalization of $25.30 billion, a P/E ratio of 22.06, a price-to-earnings-growth ratio of 11.18 and a beta of 0.78.

Zoom Communications (NASDAQ:ZM) last posted its earnings results on Thursday, August 21st. The company reported $0.99 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.38 by ($0.39). The business had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.20 billion. Zoom Communications had a return on equity of 11.91% and a net margin of 24.99%.The firm’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same period in the previous year, the business earned $1.39 earnings per share. 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, research analysts predict that Zoom Communications, Inc. will post 2.93 EPS for the current year.

Insider Buying and Selling

In related news, COO Aparna Bawa sold 10,528 shares of the firm’s stock in a transaction dated Thursday, October 16th. The stock was sold at an average price of $79.77, for a total value of $839,818.56. Following the sale, the chief operating officer directly owned 1,978 shares of the company’s stock, valued at $157,785.06. This trade represents a 84.18% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CEO Eric S. Yuan sold 33,692 shares of the firm’s stock in a transaction dated Monday, October 13th. The stock was sold at an average price of $79.76, for a total value of $2,687,273.92. The disclosure for this sale can be found here. Insiders sold 98,856 shares of company stock valued at $8,009,892 over the last ninety days. Corporate insiders own 10.78% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research firms have weighed in on ZM. Needham & Company LLC restated a “buy” rating and set a $100.00 price target on shares of Zoom Communications in a research report on Thursday, September 18th. Piper Sandler restated a “neutral” rating and set a $85.00 price target on shares of Zoom Communications in a research report on Friday, August 22nd. Robert W. Baird lowered their price target on Zoom Communications from $100.00 to $95.00 and set an “outperform” rating on the stock in a research report on Friday, August 22nd. Mizuho raised their price target on Zoom Communications from $95.00 to $100.00 and gave the company an “outperform” rating in a research report on Tuesday, August 26th. Finally, Rosenblatt Securities restated a “buy” rating and set a $110.00 price target on shares of Zoom Communications in a research report on Thursday, September 18th. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, fifteen have given a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, Zoom Communications has an average rating of “Hold” and an average target price of $91.74.

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.