J. Safra Sarasin Holding AG Buys New Holdings in Zoom Communications, Inc. $ZM

J. Safra Sarasin Holding AG purchased a new position in Zoom Communications, Inc. (NASDAQ:ZM) during the 4th quarter, according to the company in its most recent filing with the SEC. The institutional investor purchased 10,879 shares of the company’s stock, valued at approximately $939,000.

A number of other institutional investors also recently bought and sold shares of the business. AQR Capital Management LLC lifted its stake in Zoom Communications by 23.4% during the 3rd quarter. AQR Capital Management LLC now owns 8,477,057 shares of the company’s stock valued at $699,357,000 after acquiring an additional 1,607,253 shares during the period. Two Sigma Investments LP acquired a new stake in shares of Zoom Communications in the third quarter worth $86,709,000. Vanguard Group Inc. increased its stake in shares of Zoom Communications by 4.0% in the third quarter. Vanguard Group Inc. now owns 25,937,601 shares of the company’s stock worth $2,139,852,000 after acquiring an additional 986,164 shares during the period. Pacer Advisors Inc. raised its holdings in shares of Zoom Communications by 54.4% during the third quarter. Pacer Advisors Inc. now owns 2,695,193 shares of the company’s stock worth $222,353,000 after purchasing an additional 949,829 shares during the last quarter. Finally, Arrowstreet Capital Limited Partnership raised its holdings in shares of Zoom Communications by 46.2% during the third quarter. Arrowstreet Capital Limited Partnership now owns 2,645,846 shares of the company’s stock worth $218,282,000 after purchasing an additional 836,594 shares during the last quarter. 66.54% of the stock is owned by hedge funds and other institutional investors.

Insider Buying and Selling

In related news, CEO Eric S. Yuan sold 47,369 shares of the company’s stock in a transaction dated Tuesday, January 13th. The stock was sold at an average price of $83.65, for a total value of $3,962,416.85. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Velchamy Sankarlingam sold 7,568 shares of the stock in a transaction that occurred on Monday, January 12th. The stock was sold at an average price of $86.55, for a total value of $655,010.40. Following the transaction, the insider owned 136,182 shares in the company, valued at $11,786,552.10. This represents a 5.26% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 109,706 shares of company stock worth $9,299,555 in the last ninety days. 11.51% of the stock is owned by corporate insiders.

Analyst Ratings Changes

Several equities research analysts have commented on the stock. KeyCorp upped their price target on shares of Zoom Communications from $69.00 to $74.00 and gave the company an “underweight” rating in a report on Thursday, February 26th. Wolfe Research upgraded Zoom Communications from a “peer perform” rating to an “outperform” rating and set a $115.00 price objective for the company in a research note on Thursday, February 5th. Citizens Jmp reissued a “market perform” rating on shares of Zoom Communications in a report on Tuesday, February 24th. BTIG Research lowered their target price on Zoom Communications from $105.00 to $100.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and set a $115.00 target price on shares of Zoom Communications in a report on Thursday, February 26th. Fourteen investment analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Zoom Communications currently has an average rating of “Hold” and an average price target of $95.32.

Zoom Communications Stock Performance

ZM stock opened at $80.70 on Thursday. Zoom Communications, Inc. has a one year low of $64.41 and a one year high of $97.58. The firm’s fifty day moving average is $83.83 and its 200 day moving average is $84.05. The firm has a market cap of $23.78 billion, a PE ratio of 13.02, a P/E/G ratio of 4.60 and a beta of 0.93.

Zoom Communications (NASDAQ:ZM) last issued its quarterly earnings data on Wednesday, February 25th. The company reported $1.44 earnings per share for the quarter, missing analysts’ consensus estimates of $1.48 by ($0.04). Zoom Communications had a return on equity of 11.88% and a net margin of 39.03%.The firm had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.23 billion. During the same quarter last year, the company posted $1.41 EPS. The company’s revenue was up 5.3% on a year-over-year basis. 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. Research analysts predict that Zoom Communications, Inc. will post 2.93 earnings per share for the current fiscal year.

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.