Valeo Financial Advisors LLC Invests $9.16 Million in Zoom Communications, Inc. $ZM

Valeo Financial Advisors LLC purchased a new stake in shares of Zoom Communications, Inc. (NASDAQ:ZM) during the second quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund purchased 117,416 shares of the company’s stock, valued at approximately $9,156,000.

A number of other hedge funds also recently bought and sold shares of ZM. Candriam S.C.A. lifted its stake in shares of Zoom Communications by 49.4% in the 2nd quarter. Candriam S.C.A. now owns 16,560 shares of the company’s stock valued at $1,291,000 after purchasing an additional 5,477 shares during the period. Catalyst Funds Management Pty Ltd bought a new position in Zoom Communications in the second quarter worth $1,248,000. Shelton Capital Management lifted its position in Zoom Communications by 519.3% during the second quarter. Shelton Capital Management now owns 215,500 shares of the company’s stock valued at $16,805,000 after buying an additional 180,700 shares during the period. Brighton Jones LLC purchased a new position in Zoom Communications during the second quarter valued at $817,000. Finally, Norges Bank bought a new stake in shares of Zoom Communications during the 2nd quarter valued at $539,998,000. Hedge funds and other institutional investors own 66.54% of the company’s stock.

Zoom Communications Stock Performance

Shares of NASDAQ ZM opened at $89.52 on Monday. The firm’s 50 day moving average price is $83.45 and its 200-day moving average price is $80.13. Zoom Communications, Inc. has a 52-week low of $64.41 and a 52-week high of $91.43. The company has a market cap of $26.51 billion, a PE ratio of 17.42, a P/E/G ratio of 8.11 and a beta of 0.81.

Zoom Communications (NASDAQ:ZM) last announced its quarterly earnings results on Monday, November 24th. The company reported $1.52 earnings per share for the quarter, beating the consensus estimate of $1.44 by $0.08. The company had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.21 billion. Zoom Communications had a net margin of 33.17% and a return on equity of 12.20%. The firm’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same quarter last year, the firm earned $1.38 earnings per share. Zoom Communications has set its FY 2026 guidance at 5.950-5.970 EPS and its Q4 2026 guidance at 1.480-1.490 EPS. On average, analysts forecast that Zoom Communications, Inc. will post 2.93 earnings per share for the current fiscal year.

Insider Transactions at Zoom Communications

In related news, insider Velchamy Sankarlingam sold 7,660 shares of Zoom Communications stock in a transaction dated Friday, October 10th. The stock was sold at an average price of $82.00, for a total value of $628,120.00. Following the completion of the sale, the insider directly owned 132,795 shares in the company, valued at approximately $10,889,190. This trade represents a 5.45% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Eric S. Yuan sold 73,383 shares of the business’s stock in a transaction dated Wednesday, October 22nd. The stock was sold at an average price of $82.65, for a total value of $6,065,104.95. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 389,373 shares of company stock valued at $32,325,274. Insiders own 10.78% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on ZM. Stifel Nicolaus increased their price target on shares of Zoom Communications from $80.00 to $90.00 and gave the stock a “hold” rating in a research note on Thursday, September 18th. Wedbush restated an “outperform” rating and issued a $95.00 price objective on shares of Zoom Communications in a report on Tuesday, November 25th. Dbs Bank raised shares of Zoom Communications to a “moderate buy” rating in a research note on Tuesday, September 16th. Robert W. Baird dropped their price target on Zoom Communications from $100.00 to $95.00 and set an “outperform” rating on the stock in a research report on Friday, August 22nd. Finally, William Blair restated an “outperform” rating on shares of Zoom Communications in a research note on Tuesday, September 30th. Eleven investment analysts have rated the stock with a Buy rating, fourteen have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $92.43.

Zoom Communications Company 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.