FNY Investment Advisers LLC Acquires New Position in Zoom Communications, Inc. $ZM

FNY Investment Advisers LLC acquired a new stake in shares of Zoom Communications, Inc. (NASDAQ:ZM) in the second quarter, according to its most recent filing with the Securities and Exchange Commission. The fund acquired 400 shares of the company’s stock, valued at approximately $31,000.

Other hedge funds also recently made changes to their positions in the company. Wayfinding Financial LLC bought a new position in shares of Zoom Communications during the 1st quarter valued at approximately $25,000. SouthState Corp bought a new position in Zoom Communications in the 1st quarter worth approximately $25,000. REAP Financial Group LLC boosted its stake in Zoom Communications by 181.7% in the 2nd quarter. REAP Financial Group LLC now owns 355 shares of the company’s stock worth $28,000 after purchasing an additional 229 shares during the period. GKV Capital Management Co. Inc. bought a new position in Zoom Communications in the 1st quarter worth approximately $31,000. Finally, Brooklyn Investment Group boosted its stake in Zoom Communications by 277.8% in the 1st quarter. Brooklyn Investment Group now owns 442 shares of the company’s stock worth $33,000 after purchasing an additional 325 shares during the period. 66.54% of the stock is currently owned by institutional investors.

Zoom Communications Price Performance

Shares of ZM opened at $84.28 on Friday. The stock has a market capitalization of $25.50 billion, a price-to-earnings ratio of 22.24, a price-to-earnings-growth ratio of 11.30 and a beta of 0.78. Zoom Communications, Inc. has a 1 year low of $64.41 and a 1 year high of $92.80. The business’s 50 day simple moving average is $81.69 and its 200-day simple moving average is $78.25.

Zoom Communications (NASDAQ:ZM) last issued its quarterly earnings data 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). Zoom Communications had a return on equity of 11.91% and a net margin of 24.99%.The firm had revenue of $1.22 billion for the quarter, compared to analysts’ expectations of $1.20 billion. During the same period last year, the company earned $1.39 earnings per share. The firm’s revenue 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. On average, sell-side analysts expect that Zoom Communications, Inc. will post 2.93 earnings per share for the current year.

Insider Activity at Zoom Communications

In related news, Director Santiago Subotovsky sold 2,475 shares of the stock in a transaction on Monday, October 6th. The stock was sold at an average price of $80.78, for a total transaction of $199,930.50. Following the sale, the director owned 152,644 shares in the company, valued at approximately $12,330,582.32. This represents a 1.60% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, insider Velchamy Sankarlingam sold 7,660 shares of the stock in a transaction on Friday, October 10th. The shares were sold at an average price of $82.00, for a total value of $628,120.00. Following the sale, the insider owned 132,795 shares in the company, valued at $10,889,190. The trade was a 5.45% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 245,617 shares of company stock worth $20,154,365 in the last ninety days. Corporate insiders own 11.51% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts have weighed in on the company. Benchmark upped their price target on Zoom Communications from $102.00 to $110.00 and gave the stock a “buy” rating in a research note on Thursday, September 18th. Piper Sandler restated a “neutral” rating and issued a $85.00 price target on shares of Zoom Communications in a research note on Friday, August 22nd. Needham & Company LLC restated a “buy” rating and issued a $100.00 price target on shares of Zoom Communications in a research note on Thursday, September 18th. Zacks Research upgraded Zoom Communications from a “hold” rating to a “strong-buy” rating in a research note on Thursday, September 18th. Finally, JMP Securities restated a “market perform” rating on shares of Zoom Communications in a research note on Thursday, September 18th. Two research analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Zoom Communications currently has an average rating of “Hold” and a consensus target price of $91.74.

Zoom Communications Company 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.