Motley Fool Asset Management LLC Purchases 1,513 Shares of Zoom Communications, Inc. $ZM

Motley Fool Asset Management LLC lifted its position in shares of Zoom Communications, Inc. (NASDAQ:ZM) by 10.7% during the second quarter, according to its most recent filing with the Securities and Exchange Commission. The institutional investor owned 15,711 shares of the company’s stock after buying an additional 1,513 shares during the quarter. Motley Fool Asset Management LLC’s holdings in Zoom Communications were worth $1,225,000 at the end of the most recent quarter.

A number of other hedge funds and other institutional investors have also made changes to their positions in ZM. Wayfinding Financial LLC bought a new position in shares of Zoom Communications during the 1st quarter worth $25,000. SouthState Corp bought a new position in shares of Zoom Communications during the 1st quarter worth $25,000. REAP Financial Group LLC grew its position in shares of Zoom Communications by 181.7% during the 2nd 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. bought a new position in shares of Zoom Communications during the 1st quarter worth $31,000. Finally, FNY Investment Advisers LLC bought a new position in shares of Zoom Communications during the 2nd quarter worth $31,000. Institutional investors own 66.54% of the company’s stock.

Zoom Communications Stock Performance

Shares of NASDAQ ZM opened at $84.89 on Wednesday. The company has a market cap of $25.68 billion, a PE ratio of 22.40, a P/E/G ratio of 11.62 and a beta of 0.78. The business has a 50-day simple moving average of $82.18 and a two-hundred day simple moving average of $78.58. 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 issued its quarterly earnings results on Thursday, August 21st. The company reported $0.99 earnings per share 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 analyst estimates of $1.20 billion. Zoom Communications had a return on equity of 11.91% and a net margin of 24.99%.Zoom Communications’s revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the business posted $1.39 EPS. 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 predict that Zoom Communications, Inc. will post 2.93 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on ZM shares. Weiss Ratings reissued a “hold (c+)” rating on shares of Zoom Communications in a research report on Tuesday, October 14th. Dbs Bank raised Zoom Communications to a “moderate buy” rating in a research report on Tuesday, September 16th. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $87.00 price objective on shares of Zoom Communications in a research report on Thursday, September 18th. William Blair reaffirmed an “outperform” rating on shares of Zoom Communications in a research report on Tuesday, September 30th. Finally, Wells Fargo & Company started coverage on Zoom Communications in a research report on Tuesday, September 30th. They set an “equal weight” rating and a $90.00 price objective on the stock. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, fifteen have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average target price of $91.74.

Insiders Place Their Bets

In other Zoom Communications 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 completion of the sale, the chief operating officer owned 1,978 shares of the company’s stock, valued at approximately $157,785.06. This trade represents a 84.18% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Santiago Subotovsky sold 2,475 shares of the firm’s stock in a transaction dated Monday, October 6th. The stock was sold at an average price of $80.78, for a total value of $199,930.50. Following the completion of the sale, the director directly owned 152,644 shares of the company’s stock, valued at approximately $12,330,582.32. This represents a 1.60% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders have sold 245,617 shares of company stock valued at $20,154,365. 10.78% of the stock is currently owned by corporate insiders.

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.