Grantham Mayo Van Otterloo & Co. LLC Has $28.70 Million Stock Position in Zoom Communications, Inc. $ZM

Key Points

• Grantham Mayo Van Otterloo & Co. LLC cut its Zoom stake by 16.6% in Q3 to 347,861 shares, holding about $28.70 million worth (roughly 0.11% of the company).
• Zoom's latest quarter showed EPS of $1.44 (missed by $0.04) while revenue of $1.25 billion beat estimates and rose 5.3% year-over-year; the company set FY2027 EPS guidance at 5.77–5.81 and Q1 2027 at 1.40–1.42.
• Insider selling has been notable—183,089 shares (~$15.73M) sold in the past 90 days, including sales by CEO Eric Yuan and COO Aparna Bawa—while insiders still own 10.78% and institutional investors hold 66.54% of the stock.

Grantham Mayo Van Otterloo & Co. LLC reduced its holdings in shares of Zoom Communications, Inc. (NASDAQ:ZM - Free Report) by 16.6% in the 3rd quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor owned 347,861 shares of the company's stock after selling 69,155 shares during the quarter. Grantham Mayo Van Otterloo & Co. LLC owned approximately 0.11% of Zoom Communications worth $28,699,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors also recently made changes to their positions in ZM. Elevation Point Wealth Partners LLC bought a new stake in shares of Zoom Communications in the second quarter worth $27,000. Root Financial Partners LLC acquired a new position in Zoom Communications during the third quarter worth $33,000. Quent Capital LLC bought a new position in Zoom Communications in the third quarter valued at $34,000. Cloud Capital Management LLC acquired a new stake in Zoom Communications in the 3rd quarter valued at $42,000. Finally, MAI Capital Management increased its stake in 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 buying an additional 149 shares during the last quarter. 66.54% of the stock is currently owned by institutional investors and hedge funds.

Zoom Communications Price Performance

Shares of ZM opened at $77.50 on Monday. The company has a market cap of $22.95 billion, a PE ratio of 12.50, a price-to-earnings-growth ratio of 4.42 and a beta of 0.93. The firm has a 50-day moving average of $86.41 and a 200-day moving average of $84.69. Zoom Communications, Inc. has a one year low of $64.41 and a one year high of $97.58.

Zoom Communications (NASDAQ:ZM - Get Free Report) last issued its earnings results on Wednesday, February 25th. The company reported $1.44 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $1.48 by ($0.04). Zoom Communications had a net margin of 39.03% and a return on equity of 11.88%. The firm had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.23 billion. During the same period in the previous year, the company posted $1.41 earnings per share. The firm's revenue for the quarter was up 5.3% compared to the same quarter last year. 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. Analysts expect that Zoom Communications, Inc. will post 2.93 earnings per share for the current year.

Insider Transactions at Zoom Communications

In other Zoom Communications news, CEO Eric S. Yuan sold 12,100 shares of the company's stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $93.01, for a total value of $1,125,421.00. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, COO Aparna Bawa sold 12,137 shares of the firm's stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $81.37, for a total value of $987,587.69. Following the completion of the sale, the chief operating officer directly owned 1,978 shares of the company's stock, valued at approximately $160,949.86. The trade was a 85.99% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 183,089 shares of company stock valued at $15,730,024. Company insiders own 10.78% of the company's stock.

Wall Street Analyst Weigh In

Several equities research analysts have commented on ZM shares. BTIG Research reduced their price objective on shares of Zoom Communications from $105.00 to $100.00 and set a "buy" rating for the company in a research note on Thursday, February 26th. Cantor Fitzgerald reaffirmed a "neutral" rating and issued a $87.00 target price on shares of Zoom Communications in a research report on Tuesday, November 25th. Weiss Ratings reiterated a "buy (b-)" rating on shares of Zoom Communications in a report on Monday, December 29th. JPMorgan Chase & Co. increased their price target on Zoom Communications from $85.00 to $90.00 and gave the company a "neutral" rating in a research report on Tuesday, November 25th. Finally, Needham & Company LLC restated a "buy" rating and issued a $100.00 price target on shares of Zoom Communications in a research note on Tuesday, November 25th. Fourteen research analysts have rated the stock with a Buy rating, twelve have assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has an average rating of "Hold" and a consensus price target of $95.32.

Zoom Communications Company 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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