Robeco Institutional Asset Management B.V. Acquires 238,698 Shares of Zoom Communications, Inc. $ZM

Key Points

• Robeco Institutional Asset Management raised its stake in Zoom by 9.9%, buying 238,698 shares to hold 2,644,822 shares (0.89%) valued at about $228.22 million, and institutional investors now own 66.54% of the company.
• Zoom reported Q4 EPS of $1.44, missing estimates by $0.04 while revenue of $1.25 billion beat expectations, and the company set FY2027 EPS guidance of 5.770–5.810 and Q1 guidance of 1.400–1.420; analysts' consensus target is $95.32 with mixed buy/hold ratings.
• Insiders have sold a total of 107,231 shares worth $9.09 million over the last 90 days, leaving company insiders with 11.51% ownership.

Robeco Institutional Asset Management B.V. raised its holdings in shares of Zoom Communications, Inc. (NASDAQ:ZM - Free Report) by 9.9% in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 2,644,822 shares of the company's stock after purchasing an additional 238,698 shares during the quarter. Robeco Institutional Asset Management B.V. owned 0.89% of Zoom Communications worth $228,222,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors have also bought and sold shares of the business. Vanguard Group Inc. lifted its position in Zoom Communications by 4.0% during the third quarter. Vanguard Group Inc. now owns 25,937,601 shares of the company's stock valued at $2,139,852,000 after purchasing an additional 986,164 shares during the last quarter. AQR Capital Management LLC lifted its position in Zoom Communications by 23.4% during the third quarter. AQR Capital Management LLC now owns 8,477,057 shares of the company's stock valued at $699,357,000 after purchasing an additional 1,607,253 shares during the last quarter. State Street Corp lifted its position in Zoom Communications by 0.4% during the third quarter. State Street Corp now owns 7,219,148 shares of the company's stock valued at $595,580,000 after purchasing an additional 29,647 shares during the last quarter. Pacer Advisors Inc. lifted its position in Zoom Communications by 54.4% during the third quarter. Pacer Advisors Inc. now owns 2,695,193 shares of the company's stock valued at $222,353,000 after purchasing an additional 949,829 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership lifted its position in Zoom Communications by 46.2% during the third quarter. Arrowstreet Capital Limited Partnership now owns 2,645,846 shares of the company's stock valued at $218,282,000 after purchasing an additional 836,594 shares during the last quarter. Institutional investors own 66.54% of the company's stock.

Zoom Communications Price Performance

Shares of ZM opened at $79.24 on Friday. Zoom Communications, Inc. has a 1-year low of $68.83 and a 1-year high of $97.58. The company has a 50-day moving average of $82.57 and a 200 day moving average of $83.94. The firm has a market capitalization of $23.35 billion, a price-to-earnings ratio of 12.78, a PEG ratio of 4.53 and a beta of 0.88.

Zoom Communications (NASDAQ:ZM - Get Free Report) last announced 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). Zoom Communications had a net margin of 39.03% and a return on equity of 11.88%. The company had revenue of $1.25 billion for the quarter, compared to the consensus estimate of $1.23 billion. During the same quarter in the previous year, the business earned $1.41 EPS. The company's quarterly revenue 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. On average, equities analysts anticipate that Zoom Communications, Inc. will post 2.93 earnings per share for the current fiscal year.

Insider Activity at Zoom Communications

In related news, CFO Michelle Chang sold 8,417 shares of Zoom Communications stock in a transaction dated Monday, January 12th. The shares were sold at an average price of $86.54, for a total transaction of $728,407.18. Following the completion of the sale, the chief financial officer owned 25,482 shares in the company, valued at $2,205,212.28. This trade represents a 24.83% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, insider Velchamy Sankarlingam sold 2,590 shares of Zoom Communications stock in a transaction dated Tuesday, March 10th. The shares were sold at an average price of $78.24, for a total transaction of $202,641.60. Following the sale, the insider owned 137,044 shares of the company's stock, valued at $10,722,322.56. The trade was a 1.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 107,231 shares of company stock worth $9,086,680 over the last ninety days. 11.51% of the stock is currently owned by company insiders.

Analysts Set New Price Targets

ZM has been the subject of several research reports. Citigroup upgraded shares of Zoom Communications from a "neutral" rating to a "buy" rating and increased their price objective for the company from $94.00 to $106.00 in a research report on Monday, January 12th. Piper Sandler increased their price objective on shares of Zoom Communications from $85.00 to $91.00 and gave the company a "neutral" rating in a research report on Monday, January 5th. Rosenblatt Securities reiterated a "buy" rating and set a $115.00 price objective on shares of Zoom Communications in a research report on Thursday, February 26th. BTIG Research lowered their target price on shares of Zoom Communications from $105.00 to $100.00 and set a "buy" rating for the company in a report on Thursday, February 26th. Finally, Benchmark lowered their target price on shares of 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 assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the company presently has an average rating of "Hold" and a consensus target price 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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