TD Asset Management Inc Sells 188,656 Shares of Zoom Communications, Inc. $ZM

TD Asset Management Inc lowered its position in Zoom Communications, Inc. (NASDAQ:ZM) by 34.5% in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 358,897 shares of the company’s stock after selling 188,656 shares during the period. TD Asset Management Inc owned approximately 0.12% of Zoom Communications worth $29,609,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other large investors have also modified their holdings of the company. Norges Bank bought a new stake in shares of Zoom Communications during the 2nd quarter worth approximately $539,998,000. Acadian Asset Management LLC boosted its stake in shares of Zoom Communications by 41.1% during the second quarter. Acadian Asset Management LLC now owns 3,769,480 shares of the company’s stock valued at $293,909,000 after purchasing an additional 1,097,333 shares during the period. Vanguard Group Inc. increased its stake in Zoom Communications by 4.0% in the 3rd quarter. Vanguard Group Inc. now owns 25,937,601 shares of the company’s stock worth $2,139,852,000 after buying an additional 986,164 shares during the period. Pacer Advisors Inc. lifted its holdings in Zoom Communications by 54.4% during the 3rd quarter. Pacer Advisors Inc. now owns 2,695,193 shares of the company’s stock valued at $222,353,000 after buying an additional 949,829 shares in the last quarter. Finally, Wedge Capital Management L L P NC purchased a new stake in Zoom Communications in the 3rd quarter valued at about $63,357,000. Hedge funds and other institutional investors own 66.54% of the company’s stock.

Insider Buying and Selling

In other news, CEO Eric S. Yuan sold 73,378 shares of Zoom Communications stock in a transaction dated Tuesday, December 16th. The stock was sold at an average price of $87.29, for a total transaction of $6,405,165.62. The transaction was disclosed in a legal filing with the SEC, which is accessible through the SEC website. Also, insider Velchamy Sankarlingam sold 7,568 shares of the business’s stock in a transaction dated Monday, January 12th. The shares were sold at an average price of $86.55, for a total value of $655,010.40. Following the completion of the sale, the insider directly owned 136,182 shares of the company’s stock, valued at $11,786,552.10. The trade was a 5.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 183,089 shares of company stock valued at $15,751,383 over the last three months. 11.51% of the stock is currently owned by insiders.

Key Headlines Impacting Zoom Communications

Here are the key news stories impacting Zoom Communications this week:

• Positive Sentiment: Revenue and enterprise strength — Zoom reported Q4 revenue of ~$1.25B, up ~5% year‑over‑year, with enterprise revenue growing ~7% and more customers contributing >$100k ARR, showing continued strength in higher‑value customers. Zoom Communications Reports Fourth Quarter and Fiscal Year 2026 Financial Results
• Positive Sentiment: Share repurchase completed — Zoom finished a $2.7B buyback program, which supports EPS and signals capital‑allocation confidence. Zoom (ZM) Is Down 6.2% After Strong FY26 Results, New AI Launch And Buyback Completion
• Positive Sentiment: AI product launch — Zoom rolled out Virtual Agent 3.0 and is pushing embedded AI for customer service and collaboration, expanding monetization opportunities. Zoom (ZM) Is Down 6.2% After Strong FY26 Results, New AI Launch And Buyback Completion
• Neutral Sentiment: Revenue beat but slight EPS miss — Q4 non‑GAAP EPS was $1.44, just below consensus (reported misses ranged ~$0.04–$0.05), leaving fundamentals mixed. Zoom Q4 Earnings Miss Estimates, Revenues Increase Y/Y
• Neutral Sentiment: Macroeconomic and market context — softer futures and sector rotation (housing/manufacturing signals) and post‑earnings profit‑taking amplified the move. US Stock Market Today S&P 500 Futures Slip As Housing And Factory Signals Mix
• Neutral Sentiment: Unclear impact from AI-investment narrative — one analyst piece highlights early investments in Anthropic by pandemic‑era winners; relevance to Zoom is uncertain and should be treated cautiously. Want Exposure to Anthropic? Then Buy This AI Software Stock.
• Negative Sentiment: Profit/guidance disappointed some investors — Zoom’s FY‑27 and Q1 EPS guidance was viewed as conservative by some analysts, prompting concerns about near‑term EPS trajectory. Zoom forecasts quarterly profit below estimates amid tough competition
• Negative Sentiment: Analyst reactions and target moves — several firms adjusted targets/ratings (mixed raises and cuts; Sanford Bernstein trimmed its target to $88 with a Market Perform), increasing uncertainty for investors. Analyst coverage/target updates
• Negative Sentiment: Shares fell sharply after hours and into the next session as traders digested the mixed print and guidance, driving a notable pullback from recent gains. Zoom (ZM) Stock Trades Down, Here Is Why

Zoom Communications Trading Down 2.1%

Zoom Communications stock opened at $73.94 on Friday. The firm has a market capitalization of $21.89 billion, a P/E ratio of 11.93, a P/E/G ratio of 6.76 and a beta of 0.90. The stock’s fifty day simple moving average is $87.63 and its 200-day simple moving average is $84.39. Zoom Communications, Inc. has a twelve month low of $64.41 and a twelve month high of $97.58.

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 12.13% and a net margin of 39.03%.The company had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.23 billion. During the same quarter last year, the company earned $1.41 EPS. Zoom Communications’s revenue for the quarter 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. Sell-side analysts predict that Zoom Communications, Inc. will post 2.93 earnings per share for the current year.

Analyst Ratings Changes

A number of equities analysts have recently commented on ZM shares. BTIG Research reduced their target price on shares of Zoom Communications from $105.00 to $100.00 and set a “buy” rating on the stock in a research report on Thursday. KeyCorp raised their price objective on Zoom Communications from $69.00 to $74.00 and gave the stock an “underweight” rating in a report on Thursday. Morgan Stanley lifted their target price on Zoom Communications from $85.00 to $92.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 25th. Wedbush reissued an “outperform” rating and set a $95.00 price target on shares of Zoom Communications in a research report on Tuesday, November 25th. Finally, Jefferies Financial Group raised their price target on Zoom Communications from $100.00 to $105.00 and gave the company a “buy” rating in a research note on Tuesday, November 25th. Fourteen analysts have rated the stock with 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, the company has an average rating of “Hold” and an average price target of $95.32.

About Zoom Communications

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.