Board of the Pension Protection Fund Invests $522,000 in Zoom Communications, Inc. $ZM

Key Points

• The Pension Protection Fund invested **$522,000** in Zoom Communications, acquiring **6,700 shares** of its stock.
• Several institutional investors, including Vanguard and Robeco, have increased their stakes in Zoom, leading to institutional ownership of **66.54%** of the company.
• Wall Street analysts have varied ratings for Zoom, with **two analysts** giving a strong buy rating and a consensus price target of **$91.74**.

Board of the Pension Protection Fund purchased a new position in shares of Zoom Communications, Inc. (NASDAQ:ZM - Free Report) during the second quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 6,700 shares of the company's stock, valued at approximately $522,000.

A number of other institutional investors have also recently bought and sold shares of ZM. Vanguard Group Inc. increased its holdings in shares of 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. T. Rowe Price Investment Management Inc. increased its holdings in shares of Zoom Communications by 0.6% in the first quarter. T. Rowe Price Investment Management Inc. now owns 6,421,733 shares of the company's stock valued at $473,732,000 after purchasing an additional 36,210 shares during the last quarter. Robeco Institutional Asset Management B.V. increased its holdings in shares of Zoom Communications by 63.5% in the second quarter. Robeco Institutional Asset Management B.V. now owns 2,137,093 shares of the company's stock valued at $166,651,000 after purchasing an additional 830,393 shares during the last quarter. Dimensional Fund Advisors LP increased its holdings in shares of Zoom Communications by 1.0% in the first quarter. Dimensional Fund Advisors LP now owns 1,679,499 shares of the company's stock valued at $123,912,000 after purchasing an additional 16,819 shares during the last quarter. Finally, Victory Capital Management Inc. increased its holdings in shares of Zoom Communications by 119.5% in the first quarter. Victory Capital Management Inc. now owns 1,405,311 shares of the company's stock valued at $103,670,000 after purchasing an additional 765,092 shares during the last quarter. Institutional investors and hedge funds own 66.54% of the company's stock.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on ZM shares. Wells Fargo & Company started coverage on shares of Zoom Communications in a research note on Tuesday, September 30th. They issued an "equal weight" rating and a $90.00 price target on the stock. Wall Street Zen raised Zoom Communications from a "buy" rating to a "strong-buy" rating in a research report on Sunday, September 28th. Mizuho upped their target price on Zoom Communications from $95.00 to $100.00 and gave the company an "outperform" rating in a research report on Tuesday, August 26th. William Blair reaffirmed an "outperform" rating on shares of Zoom Communications in a research report on Tuesday, September 30th. Finally, Rosenblatt Securities reaffirmed a "buy" rating and issued a $110.00 price objective on shares of Zoom Communications in a report on Thursday, September 18th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have given a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company presently has an average rating of "Hold" and a consensus price target of $91.74.

Insider Activity

In other Zoom Communications news, insider Velchamy Sankarlingam sold 2,595 shares of the stock in a transaction dated Wednesday, September 10th. The shares were sold at an average price of $85.09, for a total transaction of $220,808.55. Following the sale, the insider directly owned 130,242 shares in the company, valued at $11,082,291.78. This represents a 1.95% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. Also, Director Jonathan Chadwick sold 25,000 shares of the stock in a transaction that occurred on Tuesday, July 15th. The stock was sold at an average price of $74.86, for a total transaction of $1,871,500.00. Following the sale, the director owned 5,875 shares in the company, valued at $439,802.50. This represents a 80.97% decrease in their position. The disclosure for this sale can be found here. Over the last three months, insiders sold 82,739 shares of company stock valued at $6,286,322. Company insiders own 11.51% of the company's stock.

Zoom Communications Price Performance

Shares of NASDAQ:ZM opened at $80.28 on Friday. The company has a market capitalization of $24.29 billion, a P/E ratio of 21.18, a P/E/G ratio of 10.98 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 $79.79 and its 200 day simple moving average is $77.67.

Zoom Communications (NASDAQ:ZM - Get Free Report) last issued its quarterly 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). The company had revenue of $1.22 billion for 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%.The company's quarterly revenue was up 4.7% compared to the same quarter last year. During the same period in the prior year, the company earned $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 anticipate that Zoom Communications, Inc. will post 2.93 EPS for the current fiscal year.

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.

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