Quantitative Investment Management LLC Takes Position in Zoom Communications, Inc. $ZM

Key Points

• Quantitative Investment Management LLC initiated a new Q3 position in Zoom (ZM), purchasing 28,300 shares worth about $2.33 million, in a stock where institutional investors own roughly 66.5% of shares.
• Zoom reported EPS of $1.44 (missing the $1.48 consensus) and revenue of $1.25 billion (above estimates), gave FY2027 EPS guidance of 5.770–5.810 and Q1 2027 guidance of 1.400–1.420, and carries an average analyst rating of Hold with a $95.32 price target.

Quantitative Investment Management LLC purchased a new position in shares of Zoom Communications, Inc. (NASDAQ:ZM - Free Report) in the third quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm purchased 28,300 shares of the company's stock, valued at approximately $2,334,000.

Several other institutional investors have also recently added to or reduced their stakes in ZM. Elevation Point Wealth Partners LLC bought a new position in Zoom Communications during the 2nd quarter valued at $27,000. Root Financial Partners LLC acquired a new position in Zoom Communications during the 3rd quarter worth $33,000. Quent Capital LLC bought a new stake in shares of Zoom Communications in the 3rd quarter worth about $34,000. Cloud Capital Management LLC bought a new stake in shares of Zoom Communications in the 3rd quarter worth about $42,000. Finally, SJS Investment Consulting Inc. raised its stake in shares of Zoom Communications by 2,957.9% in the 3rd quarter. SJS Investment Consulting Inc. now owns 581 shares of the company's stock valued at $48,000 after purchasing an additional 562 shares in the last quarter. 66.54% of the stock is owned by institutional investors and hedge funds.

Zoom Communications Price Performance

Shares of NASDAQ ZM opened at $74.94 on Friday. The firm has a market capitalization of $22.19 billion, a PE ratio of 12.09, a P/E/G ratio of 4.35 and a beta of 0.93. Zoom Communications, Inc. has a 1-year low of $64.41 and a 1-year high of $97.58. The business's fifty day moving average price is $85.59 and its two-hundred day moving average price is $84.55.

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

Analyst Ratings Changes

ZM has been the topic of several research analyst reports. Morgan Stanley increased their price target on shares of Zoom Communications from $85.00 to $92.00 and gave the stock an "equal weight" rating in a research report on Tuesday, November 25th. Jefferies Financial Group upped their price objective on Zoom Communications from $100.00 to $105.00 and gave the company a "buy" rating in a research note on Tuesday, November 25th. Argus raised Zoom Communications to a "hold" rating in a report on Monday. Citizens Jmp reiterated a "market perform" rating on shares of Zoom Communications in a research report on Tuesday, February 24th. Finally, Benchmark lowered their price target on Zoom Communications from $115.00 to $110.00 and set a "buy" rating for the company in a report on Tuesday, February 24th. Fourteen equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the stock has an average rating of "Hold" and an average price target of $95.32.

Insider Activity

In other Zoom Communications news, Director Santiago Subotovsky sold 2,475 shares of the firm's stock in a transaction that occurred on Wednesday, March 4th. The shares were sold at an average price of $77.42, for a total value of $191,614.50. Following the sale, the director owned 153,442 shares in the company, valued at approximately $11,879,479.64. This trade represents a 1.59% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, insider Velchamy Sankarlingam sold 7,568 shares of Zoom Communications stock in a transaction that occurred on Monday, January 12th. The shares were sold at an average price of $86.55, for a total value of $655,010.40. Following the sale, the insider directly owned 136,182 shares in the company, valued at approximately $11,786,552.10. This trade represents a 5.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 183,084 shares of company stock worth $15,704,721 over the last three months. Insiders own 11.51% 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.

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