Y Intercept Hong Kong Ltd Invests $1.26 Million in Zoom Communications, Inc. $ZM

Y Intercept Hong Kong Ltd acquired a new stake in shares of Zoom Communications, Inc. (NASDAQ:ZM) during the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 15,263 shares of the company’s stock, valued at approximately $1,259,000.

Several other hedge funds and other institutional investors have also bought and sold shares of the company. Elevation Point Wealth Partners LLC purchased a new position in shares of Zoom Communications during the second quarter worth approximately $27,000. REAP Financial Group LLC grew its holdings in shares of Zoom Communications by 181.7% during the 2nd quarter. REAP Financial Group LLC now owns 355 shares of the company’s stock valued at $28,000 after purchasing an additional 229 shares during the last quarter. FNY Investment Advisers LLC bought a new position in shares of Zoom Communications during the 2nd quarter valued at $31,000. Root Financial Partners LLC purchased a new position in Zoom Communications in the 3rd quarter worth $33,000. Finally, Quent Capital LLC bought a new stake in Zoom Communications in the third quarter worth $34,000. Hedge funds and other institutional investors own 66.54% of the company’s stock.

Zoom Communications Stock Down 0.5%

NASDAQ:ZM opened at $92.10 on Friday. The firm’s fifty day simple moving average is $86.67 and its 200 day simple moving average is $82.30. The stock has a market cap of $27.27 billion, a P/E ratio of 17.92, a price-to-earnings-growth ratio of 8.32 and a beta of 0.87. Zoom Communications, Inc. has a twelve month low of $64.41 and a twelve month high of $97.58.

Zoom Communications (NASDAQ:ZM) last posted its earnings results on Monday, November 24th. The company reported $1.52 EPS for the quarter, topping the consensus estimate of $1.44 by $0.08. Zoom Communications had a net margin of 33.17% and a return on equity of 12.20%. The firm had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.21 billion. During the same period last year, the company posted $1.38 EPS. The company’s quarterly 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, analysts expect that Zoom Communications, Inc. will post 2.93 EPS for the current fiscal year.

Analyst Ratings Changes

ZM has been the topic of several analyst reports. UBS Group assumed coverage on Zoom Communications in a report on Monday, October 20th. They issued a “neutral” rating and a $85.00 price objective on the stock. Rosenblatt Securities reaffirmed a “buy” rating and issued a $115.00 price target on shares of Zoom Communications in a research note on Tuesday, November 25th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Zoom Communications in a research report on Monday, December 29th. Royal Bank Of Canada restated an “outperform” rating and issued a $100.00 target price on shares of Zoom Communications in a report on Tuesday, November 25th. Finally, Jefferies Financial Group lifted their target price on shares of Zoom Communications from $100.00 to $105.00 and gave the stock a “buy” rating in a research note on Tuesday, November 25th. One equities research 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 issued a Sell rating to the company’s stock. According to data from MarketBeat, Zoom Communications presently has a consensus rating of “Moderate Buy” and an average target price of $93.82.

Insider Activity

In other news, CEO Eric S. Yuan sold 73,378 shares of the stock in a transaction that occurred on Monday, November 3rd. The stock was sold at an average price of $86.15, for a total value of $6,321,514.70. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Michelle Chang sold 8,417 shares of the firm’s stock in a transaction that occurred on Monday, January 12th. The shares were sold at an average price of $86.54, for a total value of $728,407.18. Following the completion of the transaction, the chief financial officer owned 25,482 shares of the company’s stock, valued at approximately $2,205,212.28. The trade was a 24.83% decrease in their position. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 317,745 shares of company stock worth $27,002,595. Company insiders own 11.51% of the company’s stock.

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.