Clearstead Advisors LLC Acquires 13,621 Shares of Zoom Communications, Inc. $ZM

Key Points

• Clearstead Advisors LLC increased its Zoom Communications position by 7.5% in the fourth quarter, buying 13,621 additional shares and bringing its total holdings to 194,711 shares worth about $16.8 million.
• Zoom reported better-than-expected fiscal Q1 results, with EPS of $1.55 and revenue of $1.24 billion, while revenue rose 5.5% year over year.
• The company also raised its FY2027 guidance and cited strong AI adoption, including a 184% surge in paid AI users, while several Wall Street firms lifted price targets after the earnings beat.

Clearstead Advisors LLC grew its position in Zoom Communications, Inc. (NASDAQ:ZM - Free Report) by 7.5% during the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 194,711 shares of the company's stock after purchasing an additional 13,621 shares during the period. Clearstead Advisors LLC owned about 0.07% of Zoom Communications worth $16,802,000 as of its most recent filing with the SEC.

Several other institutional investors and hedge funds also recently made changes to their positions in the company. New York State Teachers Retirement System boosted its stake in shares of Zoom Communications by 0.5% in the 4th quarter. New York State Teachers Retirement System now owns 24,263 shares of the company's stock valued at $2,094,000 after purchasing an additional 123 shares in the last quarter. MAI Capital Management boosted its stake in shares of Zoom Communications by 34.7% in the 3rd quarter. MAI Capital Management now owns 579 shares of the company's stock valued at $48,000 after purchasing an additional 149 shares in the last quarter. Harrington Investments INC boosted its stake in shares of Zoom Communications by 1.1% in the 4th quarter. Harrington Investments INC now owns 16,174 shares of the company's stock valued at $1,396,000 after purchasing an additional 169 shares in the last quarter. Brookstone Capital Management boosted its stake in shares of Zoom Communications by 2.2% in the 4th quarter. Brookstone Capital Management now owns 8,024 shares of the company's stock valued at $692,000 after purchasing an additional 170 shares in the last quarter. Finally, Moran Wealth Management LLC boosted its stake in shares of Zoom Communications by 0.5% in the 4th quarter. Moran Wealth Management LLC now owns 36,232 shares of the company's stock valued at $3,126,000 after purchasing an additional 177 shares in the last quarter. Institutional investors and hedge funds own 66.54% of the company's stock.

Zoom Communications Stock Performance

Shares of NASDAQ:ZM opened at $105.64 on Monday. The stock has a market capitalization of $31.13 billion, a P/E ratio of 15.51, a P/E/G ratio of 6.04 and a beta of 1.00. Zoom Communications, Inc. has a 1-year low of $69.15 and a 1-year high of $113.73. The business has a 50-day moving average price of $88.73 and a two-hundred day moving average price of $86.72.

Zoom Communications (NASDAQ:ZM - Get Free Report) last announced its quarterly earnings data on Thursday, May 21st. The company reported $1.55 earnings per share for the quarter, topping the consensus estimate of $1.42 by $0.13. The firm had revenue of $1.24 billion during the quarter, compared to analysts' expectations of $1.22 billion. Zoom Communications had a return on equity of 12.06% and a net margin of 41.99%.The company's quarterly revenue was up 5.5% compared to the same quarter last year. During the same period in the previous year, the business posted $1.43 EPS. Zoom Communications has set its FY 2027 guidance at 5.960-6.000 EPS and its Q2 2027 guidance at 1.450-1.470 EPS. As a group, equities analysts predict that Zoom Communications, Inc. will post 3.94 EPS for the current year.

Analyst Ratings Changes

Several equities research analysts have recently commented on ZM shares. Jefferies Financial Group boosted their target price on shares of Zoom Communications from $105.00 to $118.00 and gave the company a "buy" rating in a research note on Friday. Zacks Research downgraded shares of Zoom Communications from a "strong-buy" rating to a "hold" rating in a research report on Friday, February 13th. Robert W. Baird upped their price target on shares of Zoom Communications from $95.00 to $105.00 and gave the stock an "outperform" rating in a research report on Tuesday, May 19th. Wells Fargo & Company upped their price target on shares of Zoom Communications from $90.00 to $105.00 and gave the stock an "equal weight" rating in a research report on Friday. Finally, Argus upgraded shares of Zoom Communications to a "hold" rating in a research report on Monday, March 9th. Fourteen research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company's stock. According to data from MarketBeat, Zoom Communications has a consensus rating of "Moderate Buy" and a consensus target price of $107.95.

Key Stories Impacting Zoom Communications

Here are the key news stories impacting Zoom Communications this week:

• Positive Sentiment: Zoom beat fiscal Q1 expectations, posting EPS of $1.55 versus the $1.41 consensus and revenue of $1.24 billion versus $1.22 billion expected, with revenue up 5.5% year over year. Zoom Communications Reports Financial Results for the First Quarter of Fiscal Year 2027
• Positive Sentiment: The company lifted FY2027 guidance, now targeting EPS of $5.96-$6.00, above prior expectations, which signals management confidence in continued margin and profit expansion. Zoom Raises FY2027 Outlook After 184% Paid AI User Growth
• Positive Sentiment: AI momentum was a key driver, with paid AI users surging 184% and enterprise revenue rising 7.2%, suggesting Zoom is successfully expanding beyond basic video conferencing into higher-value enterprise tools. Zoom raises annual forecasts, banks on AI features to drive demand
• Positive Sentiment: Several Wall Street firms raised price targets after the results, including RBC, Rosenblatt, Needham, BTIG, Mizuho, Benchmark, and Piper Sandler, reflecting improved sentiment around Zoom’s growth outlook. These Analysts Increase Their Forecasts On Zoom After Upbeat Q1 Results
• Neutral Sentiment: Zoom also reported a modest uptick in churn and competitive pressure, which investors may continue to monitor even as the broader earnings picture remains strong. Zoom Communications Inc (ZM) Q1 2027 Earnings Call Highlights: Strong Revenue Growth and AI ...

Insider Activity

In other news, Director Santiago Subotovsky sold 5,274 shares of the company's stock in a transaction dated Monday, May 4th. The stock was sold at an average price of $106.58, for a total value of $562,102.92. Following the completion of the sale, the director directly owned 142,882 shares of the company's stock, valued at $15,228,363.56. This represents a 3.56% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Michelle Chang sold 8,489 shares of the company's stock in a transaction dated Friday, April 10th. The shares were sold at an average price of $81.32, for a total value of $690,325.48. Following the completion of the sale, the chief financial officer directly owned 30,467 shares of the company's stock, valued at approximately $2,477,576.44. This trade represents a 21.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 144,329 shares of company stock worth $12,364,989. Corporate insiders own 11.51% of the company's stock.

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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