CWA Asset Management Group LLC Has $6.38 Million Holdings in Zoom Communications, Inc. $ZM

CWA Asset Management Group LLC increased its position in shares of Zoom Communications, Inc. (NASDAQ:ZM) by 10.2% during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 73,973 shares of the company’s stock after purchasing an additional 6,839 shares during the period. CWA Asset Management Group LLC’s holdings in Zoom Communications were worth $6,383,000 at the end of the most recent reporting period.

A number of other large investors have also modified their holdings of the company. Vanguard Group Inc. boosted its stake in Zoom Communications by 4.0% during the third 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 in the last quarter. AQR Capital Management LLC increased its holdings in Zoom Communications by 23.4% in the 3rd quarter. AQR Capital Management LLC now owns 8,477,057 shares of the company’s stock valued at $699,357,000 after buying an additional 1,607,253 shares during the period. State Street Corp lifted its holdings in shares of Zoom Communications by 0.4% during the 3rd quarter. State Street Corp now owns 7,219,148 shares of the company’s stock worth $595,580,000 after acquiring an additional 29,647 shares during the period. Norges Bank acquired a new stake in shares of Zoom Communications during the 2nd quarter valued at about $539,998,000. Finally, Pacer Advisors Inc. boosted its position in shares of 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 acquiring an additional 949,829 shares in the last quarter. 66.54% of the stock is currently owned by institutional investors and hedge funds.

Insider Activity

In other Zoom Communications news, CEO Eric S. Yuan sold 12,100 shares of Zoom Communications stock in a transaction on Monday, February 2nd. The stock was sold at an average price of $93.01, for a total value of $1,125,421.00. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Velchamy Sankarlingam sold 2,590 shares of the business’s stock in a transaction on Tuesday, March 10th. The stock was sold at an average price of $78.24, for a total value of $202,641.60. Following the completion of the transaction, the insider directly owned 137,044 shares in the company, valued at approximately $10,722,322.56. This represents a 1.85% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 109,706 shares of company stock worth $9,299,555. 11.51% of the stock is currently owned by insiders.

Zoom Communications Trading Down 0.2%

Shares of Zoom Communications stock opened at $76.61 on Friday. The stock has a market capitalization of $22.68 billion, a price-to-earnings ratio of 12.36, a P/E/G ratio of 4.39 and a beta of 0.93. Zoom Communications, Inc. has a 1-year low of $64.41 and a 1-year high of $97.58. The firm’s 50-day moving average price is $84.43 and its two-hundred day moving average price is $84.34.

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

Wall Street Analysts Forecast Growth

Several research analysts recently issued reports on the stock. Royal Bank Of Canada reissued an “outperform” rating and issued a $100.00 price target on shares of Zoom Communications in a research report on Tuesday, November 25th. Wall Street Zen downgraded Zoom Communications from a “buy” rating to a “hold” rating in a report on Saturday, March 7th. Jefferies Financial Group upped their price objective on Zoom Communications from $100.00 to $105.00 and gave the company a “buy” rating in a research note on Tuesday, November 25th. Citizens Jmp reissued a “market perform” rating on shares of Zoom Communications in a report on Tuesday, February 24th. Finally, Rosenblatt Securities reaffirmed a “buy” rating and issued a $115.00 price target on shares of Zoom Communications in a research note on Thursday, February 26th. Fourteen equities research analysts have rated the stock with a Buy rating, thirteen have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company currently 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.