Bayforest Capital Ltd Has $153,000 Stock Holdings in Zoom Communications, Inc. $ZM

Key Points

• Bayforest Capital Ltd has significantly reduced its stake in Zoom Communications by 75.2%, now holding 1,967 shares worth approximately $153,000.
• In contrast, Robeco Institutional Asset Management B.V. and other investors have increased their holdings in Zoom, with Robeco's stake rising by 63.5% during the same quarter.
• Zoom's recent earnings report revealed an EPS of $0.99, falling short of analyst expectations, even though the company reported a 4.7% revenue increase year-over-year.

Bayforest Capital Ltd trimmed its stake in shares of Zoom Communications, Inc. (NASDAQ:ZM - Free Report) by 75.2% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor owned 1,967 shares of the company's stock after selling 5,967 shares during the quarter. Bayforest Capital Ltd's holdings in Zoom Communications were worth $153,000 at the end of the most recent reporting period.

A number of other institutional investors have also added to or reduced their stakes in the stock. Robeco Institutional Asset Management B.V. grew its holdings in Zoom Communications by 63.5% during the 2nd quarter. Robeco Institutional Asset Management B.V. now owns 2,137,093 shares of the company's stock worth $166,651,000 after acquiring an additional 830,393 shares during the last quarter. Victory Capital Management Inc. grew its holdings in Zoom Communications by 119.5% during the 1st quarter. Victory Capital Management Inc. now owns 1,405,311 shares of the company's stock worth $103,670,000 after acquiring an additional 765,092 shares during the last quarter. Vanguard Group Inc. grew its holdings in Zoom Communications by 2.6% during the 1st quarter. Vanguard Group Inc. now owns 24,796,654 shares of the company's stock worth $1,829,249,000 after acquiring an additional 624,863 shares during the last quarter. Nuveen LLC bought a new stake in Zoom Communications during the 1st quarter worth approximately $37,646,000. Finally, Junto Capital Management LP grew its holdings in Zoom Communications by 93.8% during the 1st quarter. Junto Capital Management LP now owns 868,507 shares of the company's stock worth $64,070,000 after acquiring an additional 420,275 shares during the last quarter. 66.54% of the stock is currently owned by institutional investors and hedge funds.

Zoom Communications Stock Up 0.4%

Zoom Communications stock opened at $79.83 on Friday. Zoom Communications, Inc. has a 12-month low of $64.41 and a 12-month high of $92.80. The firm's fifty day moving average is $80.37 and its 200 day moving average is $77.77. The company has a market capitalization of $24.15 billion, a PE ratio of 21.06, a PEG ratio of 10.85 and a beta of 0.78.

Zoom Communications (NASDAQ:ZM - Get Free Report) last released its earnings results on Thursday, August 21st. The company reported $0.99 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.38 by ($0.39). Zoom Communications had a net margin of 24.99% and a return on equity of 11.91%. The company had revenue of $1.22 billion for the quarter, compared to analyst estimates of $1.20 billion. During the same quarter in the previous year, the firm earned $1.39 EPS. 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. Sell-side analysts expect that Zoom Communications, Inc. will post 2.93 EPS for the current fiscal year.

Insider Activity

In other Zoom Communications news, Director Santiago Subotovsky sold 2,475 shares of the company's stock in a transaction on Monday, October 6th. The shares were sold at an average price of $80.78, for a total transaction of $199,930.50. Following the transaction, the director owned 152,644 shares in the company, valued at approximately $12,330,582.32. This represents a 1.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, CEO Eric S. Yuan sold 33,692 shares of the company's stock in a transaction on Monday, October 13th. The stock was sold at an average price of $79.76, for a total transaction of $2,687,273.92. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 88,328 shares of company stock valued at $7,170,074. 11.51% of the stock is currently owned by insiders.

Analysts Set New Price Targets

A number of research firms have recently commented on ZM. Cantor Fitzgerald reaffirmed a "neutral" rating and issued a $87.00 price objective on shares of Zoom Communications in a research note on Thursday, September 18th. JMP Securities reaffirmed a "market perform" rating on shares of Zoom Communications in a research note on Thursday, September 18th. Piper Sandler reaffirmed a "neutral" rating and issued a $85.00 price objective on shares of Zoom Communications in a research note on Friday, August 22nd. Wedbush reaffirmed an "outperform" rating and issued a $95.00 price objective on shares of Zoom Communications in a research note on Friday, August 22nd. Finally, Dbs Bank raised shares of Zoom Communications to a "moderate buy" rating in a research note on Tuesday, September 16th. Two research 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 issued a Sell rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of "Hold" and an average 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.

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