M&T Bank Corp Has $7.81 Million Holdings in Zoom Communications, Inc. $ZM

Key Points

• M&T Bank increased its stake in Zoom by 2,232% in Q4 and now owns 90,553 shares worth about $7.81 million.
• Significant insider selling: CEO Eric Yuan sold 15,273 shares and COO Aparna Bawa sold 12,886 shares (transactions executed under pre‑arranged Rule 10b5‑1 plans), and insiders sold a total of 138,887 shares worth $11.59 million last quarter.
• Stock snapshot and outlook: ZM opened at $92.03 with a market cap of $27.12B and a P/E of 14.84; Zoom slightly missed EPS estimates last quarter but beat revenue and set FY27 guidance of 5.770–5.810 EPS, while analysts’ consensus is a Hold with an average target of $95.32.

M&T Bank Corp raised its position in shares of Zoom Communications, Inc. (NASDAQ:ZM - Free Report) by 2,232.0% in the fourth quarter, according to its most recent filing with the SEC. The firm owned 90,553 shares of the company's stock after purchasing an additional 86,670 shares during the quarter. M&T Bank Corp's holdings in Zoom Communications were worth $7,814,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds have also added to or reduced their stakes in ZM. Toth Financial Advisory Corp acquired a new stake in Zoom Communications during the 4th quarter valued at approximately $28,000. Root Financial Partners LLC acquired a new stake in Zoom Communications during the 3rd quarter valued at approximately $33,000. Sound Income Strategies LLC increased its position in Zoom Communications by 94.8% during the 4th quarter. Sound Income Strategies LLC now owns 411 shares of the company's stock valued at $33,000 after purchasing an additional 200 shares during the period. Quent Capital LLC acquired a new stake in Zoom Communications during the 3rd quarter valued at approximately $34,000. Finally, Cloud Capital Management LLC acquired a new stake in Zoom Communications during the 3rd quarter valued at approximately $42,000. Institutional investors and hedge funds own 66.54% of the company's stock.

Insider Activity at Zoom Communications

In other news, CEO Eric S. Yuan sold 15,273 shares of the firm's stock in a transaction that occurred on Tuesday, April 14th. The shares were sold at an average price of $82.23, for a total transaction of $1,255,898.79. Following the completion of the sale, the chief executive officer owned 36,796 shares of the company's stock, valued at $3,025,735.08. This trade represents a 29.33% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this link. 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 that occurred on Friday, April 17th. The stock was sold at an average price of $87.62, for a total transaction of $1,129,071.32. Following the sale, the chief operating officer directly owned 1,978 shares of the company's stock, valued at approximately $173,312.36. This trade represents a 86.69% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 138,887 shares of company stock worth $11,590,330. Corporate insiders own 11.51% of the company's stock.

Zoom Communications Stock Up 2.2%

Shares of ZM stock opened at $92.03 on Friday. The company has a market cap of $27.12 billion, a price-to-earnings ratio of 14.84, a price-to-earnings-growth ratio of 5.15 and a beta of 0.88. Zoom Communications, Inc. has a 52 week low of $69.15 and a 52 week high of $97.58. The firm has a 50 day moving average of $81.83 and a 200-day moving average of $84.34.

Zoom Communications (NASDAQ:ZM - Get Free Report) last announced 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). The company had revenue of $1.25 billion for 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 business's quarterly revenue was up 5.3% compared to the same quarter last year. During the same period last 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. Analysts anticipate that Zoom Communications, Inc. will post 3.94 earnings per share for the current year.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. Wall Street Zen downgraded shares of Zoom Communications from a "buy" rating to a "hold" rating in a research report on Saturday, March 7th. KeyCorp increased their target price on shares of Zoom Communications from $69.00 to $74.00 and gave the company an "underweight" rating in a research report on Thursday, February 26th. Rosenblatt Securities reissued a "buy" rating and set a $115.00 target price on shares of Zoom Communications in a research report on Thursday, February 26th. Citigroup raised shares of Zoom Communications from a "neutral" rating to a "buy" rating and increased their target price for the company from $94.00 to $106.00 in a research report on Monday, January 12th. Finally, BTIG Research decreased their target price on shares of Zoom Communications from $105.00 to $100.00 and set a "buy" rating for the company in a research report on Thursday, February 26th. Fourteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given a Sell rating to the company's stock. According to data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and an average 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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