Russell Investments Group Ltd. Grows Stake in Zoom Communications, Inc. $ZM

Russell Investments Group Ltd. raised its position in shares of Zoom Communications, Inc. (NASDAQ:ZM) by 33.7% in the third quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor owned 570,695 shares of the company’s stock after purchasing an additional 143,707 shares during the period. Russell Investments Group Ltd.’s holdings in Zoom Communications were worth $47,479,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds have also made changes to their positions in ZM. Private Advisor Group LLC purchased a new position in shares of Zoom Communications during the third quarter valued at $370,000. PFG Advisors bought a new stake in shares of Zoom Communications in the third quarter valued at about $803,000. Vinva Investment Management Ltd lifted its stake in Zoom Communications by 248.9% in the third quarter. Vinva Investment Management Ltd now owns 361,534 shares of the company’s stock worth $30,662,000 after acquiring an additional 257,918 shares during the period. Blair William & Co. IL lifted its stake in Zoom Communications by 12.5% in the third quarter. Blair William & Co. IL now owns 113,018 shares of the company’s stock worth $9,324,000 after acquiring an additional 12,588 shares during the period. Finally, HUB Investment Partners LLC bought a new position in Zoom Communications during the 3rd quarter worth about $273,000. 66.54% of the stock is currently owned by hedge funds and other institutional investors.

Zoom Communications Price Performance

Shares of NASDAQ:ZM opened at $76.05 on Thursday. The business’s 50-day moving average is $85.82 and its 200 day moving average is $84.62. Zoom Communications, Inc. has a 1 year low of $64.41 and a 1 year high of $97.58. The firm has a market capitalization of $22.52 billion, a P/E ratio of 12.27, a P/E/G ratio of 4.37 and a beta of 0.93.

Zoom Communications (NASDAQ:ZM) last issued its quarterly 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). Zoom Communications had a return on equity of 11.88% and a net margin of 39.03%.The business had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.23 billion. During the same period in the prior year, the business posted $1.41 EPS. Zoom Communications’s revenue was up 5.3% compared to the same quarter last year. 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. On average, analysts expect that Zoom Communications, Inc. will post 2.93 EPS for the current year.

Key Headlines Impacting Zoom Communications

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

Insider Transactions at Zoom Communications

In related news, COO Aparna Bawa sold 12,137 shares of Zoom Communications stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $81.37, for a total value of $987,587.69. Following the completion of the sale, the chief operating officer directly owned 1,978 shares in the company, valued at $160,949.86. This trade represents a 85.99% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, insider Velchamy Sankarlingam sold 7,568 shares of the business’s stock in a transaction that occurred on Monday, January 12th. The stock was sold at an average price of $86.55, for a total transaction of $655,010.40. Following the sale, the insider directly owned 136,182 shares in the company, valued at approximately $11,786,552.10. This represents a 5.26% decrease in their position. The SEC filing for this sale provides additional information. Insiders 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 insiders.

Analyst Upgrades and Downgrades

A number of research analysts have commented on the stock. Argus raised shares of Zoom Communications to a “hold” rating in a research report on Monday. BTIG Research dropped their price objective on shares of Zoom Communications from $105.00 to $100.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Needham & Company LLC reissued a “buy” rating and set a $100.00 price objective on shares of Zoom Communications in a report on Tuesday, November 25th. Wedbush reissued an “outperform” rating and issued a $95.00 price objective on shares of Zoom Communications in a research note on Tuesday, November 25th. Finally, Morgan Stanley upped their target price on Zoom Communications from $85.00 to $92.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 25th. Fourteen research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat.com, Zoom Communications has an average rating of “Hold” and an average target price of $95.32.

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.