Russell Investments Group Ltd. Purchases 143,707 Shares of Zoom Communications, Inc. $ZM

Key Points

• Russell Investments increased its stake in Zoom by 33.7%, buying 143,707 shares to hold 570,695 shares (about 0.19% of the company) valued at roughly $47.48 million at quarter-end.
• Company insiders have been net sellers recently — including sales by Velchamy Sankarlingam and CFO Michelle Chang — totaling 183,084 shares worth $15.7 million over the last 90 days, while insiders still own 11.51% of the stock.
• Zoom is pushing a major AI product expansion (Agentic AI platform, AI Companion 3.0, AI-powered office suite and custom agents) to drive enterprise upsells, but analysts remain mixed with a consensus Hold rating and a $95.32 price target after a slight EPS miss and a revenue beat.

Russell Investments Group Ltd. lifted its holdings in Zoom Communications, Inc. (NASDAQ:ZM - Free Report) by 33.7% in the third quarter, according to the company in its most recent disclosure with the SEC. The institutional investor owned 570,695 shares of the company's stock after purchasing an additional 143,707 shares during the quarter. Russell Investments Group Ltd. owned 0.19% of Zoom Communications worth $47,479,000 at the end of the most recent quarter.

Several other large investors also recently bought and sold shares of ZM. Elevation Point Wealth Partners LLC bought a new position in Zoom Communications during the second quarter valued at $27,000. Root Financial Partners LLC purchased a new position in shares of Zoom Communications in 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. increased its holdings 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 worth $48,000 after buying an additional 562 shares during the last quarter. Institutional investors own 66.54% of the company's stock.

Insider Activity at Zoom Communications

In related news, 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 completion of the sale, the insider owned 137,044 shares in the company, valued at $10,722,322.56. This trade represents a 1.85% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, CFO Michelle Chang sold 8,417 shares of the business's 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 directly owned 25,482 shares of the company's stock, valued at approximately $2,205,212.28. This trade represents a 24.83% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 183,084 shares of company stock worth $15,704,721 over the last ninety days. 11.51% of the stock is currently owned by company insiders.

Wall Street Analysts Forecast Growth

A number of research analysts recently commented on ZM shares. Sanford C. Bernstein lowered their price target on shares of Zoom Communications from $90.00 to $88.00 and set a "market perform" rating for the company in a report on Thursday, February 26th. Morgan Stanley boosted their price objective on Zoom Communications from $85.00 to $92.00 and gave the stock an "equal weight" rating in a research note on Tuesday, November 25th. Rosenblatt Securities reaffirmed a "buy" rating and issued a $115.00 price objective on shares of Zoom Communications in a research note on Thursday, February 26th. Wall Street Zen cut Zoom Communications from a "buy" rating to a "hold" rating in a report on Saturday, March 7th. Finally, Argus raised Zoom Communications to a "hold" rating in a research report on Monday. Fourteen analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, Zoom Communications presently has a consensus rating of "Hold" and a consensus price target of $95.32.

Zoom Communications News Roundup

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

• Positive Sentiment: Zoom expanded its enterprise "agentic" AI platform and rolled out AI Companion 3.0 plus custom AI agents to orchestrate workflows across meetings, Phone, CX and Workplace — a product push that could drive enterprise upsells and stickier revenue. Zoom expands enterprise agentic AI platform to orchestrate workflows across collaboration and customer experience
• Positive Sentiment: TechCrunch reports Zoom launched an AI-powered office suite (Docs, Slides, Sheets), an AI agent builder, voice translation and imminent AI avatars for meetings — new product initiatives that broaden revenue opportunities beyond Meetings. Zoom introduces an AI-powered office suite, says AI avatars for meetings arrive this month
• Positive Sentiment: PCI Pal expanded its partnership to add secure, compliant payment capabilities to Zoom Virtual Agent — a niche but valuable CX integration that can enhance Zoom’s customer-experience (CX) product value and enterprise adoption. PCI Pal Advances AI-Driven Customer Engagement with Secure Payment Experiences for Zoom Virtual Agent
• Positive Sentiment: Coverage reiterating Zoom’s focus on AI integration and enterprise revenue growth (citing CFO comments at the Morgan Stanley TMT conference) supports the narrative of strategic refocus toward higher-value enterprise offerings. Zoom Communications, Inc. (ZM) Focused on AI Integration and Enterprise Revenue Growth
• Neutral Sentiment: Argus moved Zoom to a "hold" rating — not a strong buy signal, but also not a downgrade to sell; this may temper bullish sentiment without creating a major catalyst. Argus upgrade to hold
• Neutral Sentiment: An article on small-cap Russell 2000 names appeared in coverage; this is likely immaterial to Zoom’s story and investor reaction given Zoom’s market cap and enterprise focus. 3 Russell 2000 Stocks We Think Twice About
• Negative Sentiment: An insider (Velchamy Sankarlingam) sold 2,590 shares (~$202k) on Mar 10, reducing his stake ~1.85% — a small but visible insider sale that can be interpreted negatively by short-term investors. Insider sale filing

Zoom Communications Stock Down 0.4%

Shares of Zoom Communications stock opened at $76.05 on Thursday. The stock's fifty day moving average is $85.82 and its two-hundred day moving average is $84.62. Zoom Communications, Inc. has a 52 week low of $64.41 and a 52 week high of $97.58. The company has a market capitalization of $22.52 billion, a PE ratio of 12.27, a price-to-earnings-growth ratio of 4.37 and a beta of 0.93.

Zoom Communications (NASDAQ:ZM - Get Free Report) last released its earnings results on Wednesday, February 25th. The company reported $1.44 earnings per share for the quarter, missing the consensus estimate of $1.48 by ($0.04). The business had revenue of $1.25 billion for the quarter, compared to the consensus estimate 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 quarter last year, the business posted $1.41 earnings per share. 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. As a group, research analysts anticipate that Zoom Communications, Inc. will post 2.93 earnings per share for the current year.

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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