Vanguard Personalized Indexing Management LLC Purchases 5,861 Shares of Zoom Communications, Inc. $ZM

Key Points

• Vanguard Personalized Indexing Management LLC increased its stake in Zoom Communications by 28.4%, acquiring an additional 5,861 shares, bringing its total ownership to 26,525 shares valued at $2,069,000.
• Recent insider activity included the sale of 2,475 shares by Director Santiago Subotovsky and 2,000 shares by Director Herbert Raymond Mcmaster, resulting in a decrease in their ownership.
• Zoom Communications reported a miss on earnings with $0.99 EPS for the quarter, below analysts' estimates of $1.38, despite revenue of $1.22 billion exceeding consensus expectations.

Vanguard Personalized Indexing Management LLC increased its holdings in Zoom Communications, Inc. (NASDAQ:ZM - Free Report) by 28.4% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 26,525 shares of the company's stock after acquiring an additional 5,861 shares during the period. Vanguard Personalized Indexing Management LLC's holdings in Zoom Communications were worth $2,069,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. SouthState Corp bought a new position in Zoom Communications in the 1st quarter valued at $25,000. Wayfinding Financial LLC bought a new position in Zoom Communications during the first quarter valued at about $25,000. REAP Financial Group LLC increased its holdings in Zoom Communications by 181.7% during the second quarter. REAP Financial Group LLC now owns 355 shares of the company's stock worth $28,000 after buying an additional 229 shares during the last quarter. GKV Capital Management Co. Inc. bought a new stake in Zoom Communications in the first quarter worth about $31,000. Finally, Brooklyn Investment Group boosted its stake in Zoom Communications by 277.8% in the first quarter. Brooklyn Investment Group now owns 442 shares of the company's stock valued at $33,000 after acquiring an additional 325 shares during the last quarter. 66.54% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, Director Santiago Subotovsky sold 2,475 shares of Zoom Communications stock in a transaction on Monday, October 6th. The stock was sold at an average price of $80.78, for a total transaction of $199,930.50. Following the completion of the sale, the director owned 152,644 shares of the company's stock, valued at approximately $12,330,582.32. This trade represents a 1.60% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Herbert Raymond Mcmaster sold 2,000 shares of the business's stock in a transaction dated Monday, August 25th. The stock was sold at an average price of $83.00, for a total value of $166,000.00. Following the transaction, the director owned 7,901 shares of the company's stock, valued at approximately $655,783. The trade was a 20.20% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last three months, insiders sold 88,328 shares of company stock worth $7,170,074. Company insiders own 11.51% of the company's stock.

Zoom Communications Stock Up 0.4%

Shares of ZM opened at $79.83 on Friday. Zoom Communications, Inc. has a twelve month low of $64.41 and a twelve month high of $92.80. The stock has a market cap of $24.15 billion, a PE ratio of 21.06, a P/E/G ratio of 10.85 and a beta of 0.78. The business's 50-day moving average price is $80.37 and its 200-day moving average price is $77.77.

Zoom Communications (NASDAQ:ZM - Get Free Report) last released its quarterly earnings data on Thursday, August 21st. The company reported $0.99 EPS for the quarter, missing analysts' consensus estimates of $1.38 by ($0.39). The firm had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.20 billion. Zoom Communications had a net margin of 24.99% and a return on equity of 11.91%. Zoom Communications's revenue was up 4.7% compared to the same quarter last year. During the same quarter last year, the business posted $1.39 earnings per share. Zoom Communications has set its FY 2026 guidance at 5.810-5.840 EPS. Q3 2026 guidance at 1.420-1.44 EPS. Analysts expect that Zoom Communications, Inc. will post 2.93 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

ZM has been the subject of a number of recent research reports. Wall Street Zen raised Zoom Communications from a "buy" rating to a "strong-buy" rating in a research report on Sunday, September 28th. KeyCorp decreased their price objective on Zoom Communications from $73.00 to $69.00 and set an "underweight" rating for the company in a report on Friday, August 22nd. Rosenblatt Securities reaffirmed a "buy" rating and set a $110.00 price objective on shares of Zoom Communications in a report on Thursday, September 18th. Royal Bank Of Canada reiterated an "outperform" rating and issued a $100.00 target price on shares of Zoom Communications in a research note on Thursday, September 18th. Finally, Weiss Ratings reissued a "hold (c+)" rating on shares of Zoom Communications in a research report on Tuesday. Two analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus target price of $91.74.

Zoom Communications Profile

Zoom Video Communications, Inc provides unified communications platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company offers Zoom Meetings that offers HD video, voice, chat, and content sharing through mobile devices, desktops, laptops, telephones, and conference room systems; Zoom Phone, an enterprise cloud phone system; and Zoom Chat enables users to share messages, images, audio files, and content in desktop, laptop, tablet, and mobile devices.

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