Caprock Group LLC Acquires 24,217 Shares of Zoom Communications, Inc. $ZM

Key Points

• Caprock Group LLC boosted its stake in Zoom Communications (ZM) by 174.2% in Q4, acquiring 24,217 shares to hold 38,116 shares valued at about $3.29 million.
• Insiders have been net sellers recently — 138,887 shares were sold in the past three months for roughly $11.59 million (including sales by Director Santiago Subotovsky and COO Aparna Bawa); insiders now own 11.51% of the company and many trades were under Rule 10b5-1 plans.
• Wall Street consensus is a "Hold" with a target price of $95.32; Zoom trades near $90 with a market cap of $26.52 billion, a P/E of 14.52, and management FY2027 EPS guidance of 5.77–5.81 (sell-side average FY EPS ~3.94).

Caprock Group LLC lifted its holdings in shares of Zoom Communications, Inc. (NASDAQ:ZM - Free Report) by 174.2% in the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 38,116 shares of the company's stock after acquiring an additional 24,217 shares during the quarter. Caprock Group LLC's holdings in Zoom Communications were worth $3,289,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also added to or reduced their stakes in ZM. NewEdge Advisors LLC raised its holdings in Zoom Communications by 16.8% in the first quarter. NewEdge Advisors LLC now owns 8,009 shares of the company's stock worth $591,000 after purchasing an additional 1,153 shares in the last quarter. Intech Investment Management LLC raised its holdings in Zoom Communications by 59.1% in the first quarter. Intech Investment Management LLC now owns 16,785 shares of the company's stock worth $1,238,000 after purchasing an additional 6,235 shares in the last quarter. Geneos Wealth Management Inc. raised its holdings in Zoom Communications by 82.0% in the first quarter. Geneos Wealth Management Inc. now owns 881 shares of the company's stock worth $65,000 after purchasing an additional 397 shares in the last quarter. Sivia Capital Partners LLC bought a new position in Zoom Communications in the second quarter worth $217,000. Finally, Invesco Ltd. raised its holdings in Zoom Communications by 7.0% in the second quarter. Invesco Ltd. now owns 730,207 shares of the company's stock worth $56,942,000 after purchasing an additional 47,749 shares in the last quarter. Institutional investors own 66.54% of the company's stock.

Insiders Place Their Bets

In other Zoom Communications news, Director Santiago Subotovsky sold 2,643 shares of the firm's stock in a transaction dated Thursday, April 16th. The stock was sold at an average price of $87.32, for a total value of $230,786.76. Following the transaction, the director directly owned 150,799 shares of the company's stock, valued at approximately $13,167,768.68. This trade represents a 1.72% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Aparna Bawa sold 12,886 shares of the firm's stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $87.62, for a total value of $1,129,071.32. Following the completion of the transaction, the chief operating officer directly owned 1,978 shares in the company, valued at $173,312.36. The trade was a 86.69% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders sold 138,887 shares of company stock valued at $11,590,330. 11.51% of the stock is currently owned by company insiders.

Zoom Communications Price Performance

Shares of NASDAQ:ZM opened at $90.01 on Friday. Zoom Communications, Inc. has a 1-year low of $69.15 and a 1-year high of $97.58. The company has a market capitalization of $26.52 billion, a PE ratio of 14.52, a PEG ratio of 5.26 and a beta of 0.88. The business has a fifty day moving average price of $81.84 and a 200-day moving average price of $84.26.

Zoom Communications (NASDAQ:ZM - Get Free Report) last released its quarterly earnings data on Wednesday, February 25th. The company reported $1.44 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.04). Zoom Communications had a net margin of 39.03% and a return on equity of 11.88%. The business had revenue of $1.25 billion for the quarter, compared to analysts' expectations of $1.23 billion. During the same period last year, the business earned $1.41 earnings per share. The company's quarterly revenue was up 5.3% on a year-over-year basis. Zoom Communications has set its FY 2027 guidance at 5.770-5.810 EPS and its Q1 2027 guidance at 1.400-1.420 EPS. On average, sell-side analysts anticipate that Zoom Communications, Inc. will post 3.94 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on the company. Sanford C. Bernstein decreased their price objective on Zoom Communications from $90.00 to $88.00 and set a "market perform" rating for the company in a report on Thursday, February 26th. KeyCorp increased their price objective on Zoom Communications from $69.00 to $74.00 and gave the stock an "underweight" rating in a report on Thursday, February 26th. Argus upgraded Zoom Communications to a "hold" rating in a report on Monday, March 9th. Weiss Ratings reiterated a "buy (b-)" rating on shares of Zoom Communications in a report on Monday, December 29th. Finally, Piper Sandler increased their price objective on Zoom Communications from $85.00 to $91.00 and gave the stock a "neutral" rating in a report on Monday, January 5th. Fourteen investment analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock presently has an average rating of "Hold" and a consensus target price of $95.32.

Zoom Communications Profile

Zoom Video Communications, Inc (commonly referred to as Zoom) is a provider of cloud-based communications and collaboration solutions. The company's platform supports video conferencing, voice calling, instant messaging, webinars and large-scale virtual events, and meeting room systems, marketed to businesses, educational institutions, government organizations and individual users. Zoom's product lineup includes Zoom Meetings, Zoom Phone, Zoom Rooms, Zoom Video Webinars and Zoom Chat, and the company offers integrations and extensions through a developer marketplace and third-party apps.

Founded in 2011 by Eric S.

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