Park Avenue Securities LLC Takes Position in Zoom Communications, Inc. $ZM

Park Avenue Securities LLC purchased a new position in shares of Zoom Communications, Inc. (NASDAQ:ZM) during the 3rd quarter, HoldingsChannel reports. The institutional investor purchased 6,863 shares of the company’s stock, valued at approximately $566,000.

Other institutional investors have also added to or reduced their stakes in the company. Wynn Capital LLC increased its stake in Zoom Communications by 1.3% in the 3rd quarter. Wynn Capital LLC now owns 10,429 shares of the company’s stock valued at $860,000 after buying an additional 130 shares during the last quarter. Wedmont Private Capital increased its position in shares of Zoom Communications by 4.1% during the second quarter. Wedmont Private Capital now owns 3,499 shares of the company’s stock valued at $271,000 after acquiring an additional 137 shares during the last quarter. Penserra Capital Management LLC increased its position in shares of Zoom Communications by 12.6% during the second quarter. Penserra Capital Management LLC now owns 1,446 shares of the company’s stock valued at $111,000 after acquiring an additional 162 shares during the last quarter. MassMutual Private Wealth & Trust FSB lifted its holdings in Zoom Communications by 44.4% during the second quarter. MassMutual Private Wealth & Trust FSB now owns 556 shares of the company’s stock worth $43,000 after acquiring an additional 171 shares during the period. Finally, Daiwa Securities Group Inc. boosted its position in Zoom Communications by 0.7% in the second quarter. Daiwa Securities Group Inc. now owns 24,395 shares of the company’s stock worth $1,902,000 after purchasing an additional 181 shares during the last quarter. 66.54% of the stock is owned by institutional investors.

Zoom Communications Stock Down 1.5%

ZM opened at $81.52 on Friday. The firm has a 50-day moving average price of $85.42 and a 200-day moving average price of $81.40. Zoom Communications, Inc. has a twelve month low of $64.41 and a twelve month high of $91.43. The company has a market capitalization of $24.14 billion, a price-to-earnings ratio of 15.86, a PEG ratio of 7.43 and a beta of 0.87.

Zoom Communications (NASDAQ:ZM) last announced its quarterly earnings results on Monday, November 24th. The company reported $1.52 EPS for the quarter, beating analysts’ consensus estimates of $1.44 by $0.08. Zoom Communications had a net margin of 33.17% and a return on equity of 12.20%. The company had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.21 billion. During the same period in the prior year, the company posted $1.38 EPS. Zoom Communications’s revenue was up 4.4% compared to the same quarter last year. 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, sell-side analysts expect that Zoom Communications, Inc. will post 2.93 earnings per share for the current fiscal year.

Insider Transactions at Zoom Communications

In other news, CEO Eric S. Yuan sold 73,383 shares of Zoom Communications stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $82.65, for a total value of $6,065,104.95. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Velchamy Sankarlingam sold 7,568 shares of the business’s stock in a transaction 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 owned 136,182 shares in the company, valued at approximately $11,786,552.10. The trade was a 5.26% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 452,369 shares of company stock valued at $38,159,479 over the last three months. Company insiders own 11.51% of the company’s stock.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently issued reports on ZM shares. Zacks Research raised Zoom Communications from a “hold” rating to a “strong-buy” rating in a research report on Wednesday, December 31st. Piper Sandler raised their price objective on shares of Zoom Communications from $85.00 to $91.00 and gave the stock a “neutral” rating in a report on Monday, January 5th. BTIG Research began coverage on shares of Zoom Communications in a research report on Tuesday, December 16th. They issued a “buy” rating and a $105.00 price objective on the stock. Cantor Fitzgerald reissued a “neutral” rating and set a $87.00 target price on shares of Zoom Communications in a research report on Tuesday, November 25th. Finally, Stifel Nicolaus raised 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. One analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, twelve have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, Zoom Communications has a consensus rating of “Moderate Buy” and an average price target of $93.82.

Zoom Communications 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.