Hussman Strategic Advisors Inc. Acquires New Stake in Zoom Communications, Inc. $ZM

Hussman Strategic Advisors Inc. bought a new position in shares of Zoom Communications, Inc. (NASDAQ:ZM) in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm bought 31,500 shares of the company’s stock, valued at approximately $2,456,000.

A number of other institutional investors have also recently made changes to their positions in the stock. Wedmont Private Capital lifted its stake in shares of Zoom Communications by 4.1% in the second quarter. Wedmont Private Capital now owns 3,499 shares of the company’s stock worth $271,000 after acquiring an additional 137 shares during the period. Smartleaf Asset Management LLC lifted its position in shares of Zoom Communications by 6.7% in the 1st quarter. Smartleaf Asset Management LLC now owns 2,293 shares of the company’s stock worth $172,000 after purchasing an additional 143 shares during the period. New York State Teachers Retirement System lifted its position in shares of Zoom Communications by 0.7% in the 1st quarter. New York State Teachers Retirement System now owns 24,298 shares of the company’s stock worth $1,792,000 after purchasing an additional 171 shares during the period. MassMutual Private Wealth & Trust FSB boosted its stake in shares of Zoom Communications by 44.4% in the 2nd quarter. MassMutual Private Wealth & Trust FSB now owns 556 shares of the company’s stock valued at $43,000 after purchasing an additional 171 shares during the last quarter. Finally, Burns Matteson Capital Management LLC increased its position in shares of Zoom Communications by 3.1% during the first quarter. Burns Matteson Capital Management LLC now owns 5,801 shares of the company’s stock worth $428,000 after buying an additional 177 shares during the period. Institutional investors own 66.54% of the company’s stock.

Insider Buying and Selling at Zoom Communications

In other Zoom Communications news, CFO Michelle Chang sold 33,956 shares of the firm’s stock in a transaction on Friday, October 10th. The shares were sold at an average price of $82.00, for a total value of $2,784,392.00. Following the transaction, the chief financial officer directly owned 20,539 shares of the company’s stock, valued at approximately $1,684,198. This trade represents a 62.31% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Velchamy Sankarlingam sold 7,660 shares of Zoom Communications stock in a transaction dated Friday, October 10th. The shares were sold at an average price of $82.00, for a total transaction of $628,120.00. Following the transaction, the insider owned 132,795 shares of the company’s stock, valued at $10,889,190. This represents a 5.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 245,617 shares of company stock worth $20,154,365 in the last ninety days. 10.78% of the stock is currently owned by corporate insiders.

Zoom Communications Stock Performance

ZM stock opened at $86.28 on Tuesday. The stock’s 50 day simple moving average is $82.82 and its 200 day simple moving average is $79.01. The company has a market cap of $26.10 billion, a P/E ratio of 22.77, a price-to-earnings-growth ratio of 11.90 and a beta of 0.79. Zoom Communications, Inc. has a fifty-two week low of $64.41 and a fifty-two week high of $92.80.

Zoom Communications (NASDAQ:ZM) last released its quarterly earnings data on Thursday, August 21st. The company reported $0.99 EPS 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 firm had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same quarter in the prior year, the firm earned $1.39 EPS. The company’s revenue was up 4.7% compared to the same quarter last year. Zoom Communications has set its FY 2026 guidance at 5.810-5.840 EPS. Q3 2026 guidance at 1.420-1.44 EPS. Equities analysts predict that Zoom Communications, Inc. will post 2.93 earnings per share for the current year.

Analyst Ratings Changes

ZM has been the topic of a number of research analyst reports. Dbs Bank raised shares of Zoom Communications to a “moderate buy” rating in a research report on Tuesday, September 16th. William Blair reissued an “outperform” rating on shares of Zoom Communications in a research note on Tuesday, September 30th. Zacks Research raised Zoom Communications from a “hold” rating to a “strong-buy” rating in a research note on Thursday, September 18th. Wedbush reiterated an “outperform” rating and issued a $95.00 target price on shares of Zoom Communications in a report on Friday, August 22nd. Finally, Piper Sandler restated a “neutral” rating and set a $85.00 price target on shares of Zoom Communications in a report on Friday, August 22nd. Two research analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, fifteen have given a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, Zoom Communications presently has a consensus rating of “Hold” and an average target price of $91.74.

About Zoom Communications

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.