Danske Bank A S Sells 68,867 Shares of Zoom Communications, Inc. $ZM

Key Points

• Danske Bank A/S cut its stake in Zoom by 31.6%, selling 68,867 shares in Q4 and leaving it with 148,948 shares valued at about $12.85 million.
• Analyst coverage is mixed — 14 Buys, 13 Holds, 1 Sell — giving a consensus rating of Hold and a $95.32 target, while Zoom trades near $103 with a market cap of roughly $30.5B and a P/E of ~16.7.
• Potential upside from Zoom’s Anthropic stake and a ~$7.8B cash/marketable securities position (plus buyback optionality) is offset by heavy insider selling (126,787 shares sold in the last three months) and divergent institutional flows.

Danske Bank A S decreased its holdings in shares of Zoom Communications, Inc. (NASDAQ:ZM - Free Report) by 31.6% during the fourth quarter, according to the company in its most recent disclosure with the SEC. The fund owned 148,948 shares of the company's stock after selling 68,867 shares during the quarter. Danske Bank A S owned 0.05% of Zoom Communications worth $12,853,000 at the end of the most recent reporting period.

A number of other hedge funds have also recently modified their holdings of the business. Toth Financial Advisory Corp bought a new position in Zoom Communications in the fourth quarter worth approximately $28,000. Root Financial Partners LLC bought a new position in Zoom Communications in the third quarter worth approximately $33,000. Sound Income Strategies LLC grew its stake in Zoom Communications by 94.8% in the fourth quarter. Sound Income Strategies LLC now owns 411 shares of the company's stock worth $33,000 after purchasing an additional 200 shares in the last quarter. Quent Capital LLC bought a new position in Zoom Communications in the third quarter worth approximately $34,000. Finally, Cloud Capital Management LLC bought a new position in Zoom Communications in the third quarter worth approximately $42,000. Institutional investors own 66.54% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the company. Needham & Company LLC reissued a "buy" rating and issued a $100.00 price objective on shares of Zoom Communications in a research note on Friday, March 13th. Citigroup raised Zoom Communications from a "neutral" rating to a "buy" rating and increased their price objective for the stock from $94.00 to $106.00 in a research note on Monday, January 12th. Wolfe Research raised Zoom Communications from a "peer perform" rating to an "outperform" rating and set a $115.00 price objective on the stock in a research note on Thursday, February 5th. KeyCorp increased their price objective on Zoom Communications from $69.00 to $74.00 and gave the stock an "underweight" rating in a research note on Thursday, February 26th. Finally, Weiss Ratings raised Zoom Communications from a "buy (b-)" rating to a "buy (b)" rating in a research note on Friday. Fourteen analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has a consensus rating of "Hold" and a consensus target price of $95.32.

Zoom Communications Price Performance

Zoom Communications stock opened at $103.44 on Monday. The stock has a market capitalization of $30.48 billion, a price-to-earnings ratio of 16.68, a PEG ratio of 5.92 and a beta of 1.00. Zoom Communications, Inc. has a 1-year low of $69.15 and a 1-year high of $104.14. The business has a fifty day moving average price of $82.06 and a 200-day moving average price of $84.78.

Zoom Communications (NASDAQ:ZM - Get Free Report) last posted its quarterly earnings data on Wednesday, February 25th. The company reported $1.44 earnings per share for the quarter, missing analysts' consensus estimates of $1.48 by ($0.04). The business had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.23 billion. Zoom Communications had a return on equity of 11.88% and a net margin of 39.03%.The firm's revenue for the quarter was up 5.3% compared to the same quarter last year. During the same period in the previous year, the business earned $1.41 EPS. 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, equities research analysts anticipate that Zoom Communications, Inc. will post 3.94 earnings per share for the current fiscal year.

Zoom Communications News Summary

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

• Positive Sentiment: Renewed focus on Zoom’s Anthropic stake — analysts (Baird cited in market coverage) argue Zoom’s 2023 ~$51M investment could be worth roughly $2–$4B today under certain dilution assumptions, which would represent meaningful latent asset value relative to Zoom’s market cap; Anthropic’s growth updates and infrastructure partnerships boost that re‑valuation narrative. Zoom shares climb as investors revisit potential value of its Anthropic stake
• Positive Sentiment: Large buyback/cash optionality — Zoom reported a roughly $7.8B cash and marketable securities position (as of Jan 31, 2026) and has executed sizable repurchases in FY26 with remaining authorization, which can amplify upside when sentiment turns positive. Zoom shares climb as investors revisit potential value of its Anthropic stake
• Positive Sentiment: Unusually heavy call buying — traders purchased ~23,600 call options (up ~41% vs. typical volume), signaling speculative bullish positioning by options traders that can accelerate intraday moves.
• Neutral Sentiment: Upcoming Q1 FY27 results scheduled for May 21 after the close — the print and management commentary, plus any updated guidance, could either reinforce the current move or reverse it depending on execution and commentary on AI/enterprise demand. Zoom to Release Financial Results for the First Quarter of Fiscal Year 2027
• Neutral Sentiment: Marketing push around LLM differentiation — WSJ reports Zoom has a 'SWAT team' to position itself versus ChatGPT/Gemini; this is operational/branding news that supports long‑term product positioning but is not an immediate earnings catalyst. Zoom Has a ‘SWAT Team' to Stand Out on ChatGPT and Gemini
• Neutral Sentiment: Coverage highlighting Anthropic early investors — broader media pieces (e.g., The Motley Fool) listing early Anthropic backers add context and may sustain investor interest in any Anthropic-related re‑rating. Want in on AI Superstar Anthropic Before Its IPO? These 4 Companies Are Some of Its Earliest Investors.
• Negative Sentiment: Heavy insider selling — data show 89 insider sales and zero purchases in the past six months (including large sales by CEO Eric Yuan), which can dampen investor confidence and serve as a counterweight to valuation re‑rating. Zoom shares climb as investors revisit potential value of its Anthropic stake
• Negative Sentiment: Analyst price targets and mixed institutional flows — median recent target (~$97.5) sits below current levels for some firms, and institutions showed both large buys and sizable reductions in Q4 2025, suggesting divergent views that could limit sustained upside without fresh fundamental beats. Zoom shares climb as investors revisit potential value of its Anthropic stake

Insider Buying and Selling

In related news, COO Aparna Bawa sold 12,886 shares of the firm's stock in a transaction on 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 owned 1,978 shares in the company, valued at $173,312.36. This trade represents a 86.69% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Velchamy Sankarlingam sold 7,645 shares of the firm's stock in a transaction on Wednesday, April 15th. The stock was sold at an average price of $85.44, for a total value of $653,188.80. Following the completion of the transaction, the insider owned 141,971 shares of the company's stock, valued at $12,130,002.24. This trade represents a 5.11% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 126,787 shares of company stock worth $10,464,909 over the last three months. Corporate insiders own 10.78% of the company's stock.

About Zoom Communications

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.

Want to see what other hedge funds are holding ZM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Zoom Communications, Inc. (NASDAQ:ZM - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.