TABR Capital Management LLC Invests $3.87 Million in Zoom Communications, Inc. $ZM

TABR Capital Management LLC purchased a new position in shares of Zoom Communications, Inc. (NASDAQ:ZM) in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm purchased 44,895 shares of the company’s stock, valued at approximately $3,874,000. Zoom Communications comprises approximately 1.5% of TABR Capital Management LLC’s portfolio, making the stock its 24th largest holding.

A number of other large investors also recently bought and sold shares of ZM. Elevation Point Wealth Partners LLC bought a new position in Zoom Communications in the 2nd quarter valued at $27,000. Root Financial Partners LLC bought a new stake in shares of Zoom Communications during the third quarter worth $33,000. Quent Capital LLC purchased a new stake in shares of Zoom Communications during the third quarter valued at $34,000. Cloud Capital Management LLC purchased a new stake in shares of Zoom Communications during the third quarter valued at $42,000. Finally, SJS Investment Consulting Inc. grew its holdings in shares of Zoom Communications by 2,957.9% in the third quarter. SJS Investment Consulting Inc. now owns 581 shares of the company’s stock worth $48,000 after purchasing an additional 562 shares during the last quarter. Hedge funds and other institutional investors own 66.54% of the company’s stock.

Insiders Place Their Bets

In other Zoom Communications news, insider Velchamy Sankarlingam sold 7,568 shares of Zoom Communications stock in a transaction dated 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. The trade was a 5.26% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Eric S. Yuan sold 47,369 shares of the stock in a transaction dated Tuesday, January 13th. The shares were sold at an average price of $83.65, for a total transaction of $3,962,416.85. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 109,706 shares of company stock worth $9,299,555. Insiders own 10.78% of the company’s stock.

Zoom Communications Stock Performance

NASDAQ ZM opened at $76.61 on Monday. The company has a market cap of $22.57 billion, a PE ratio of 12.36, a P/E/G ratio of 4.38 and a beta of 0.93. The firm’s 50 day moving average price is $84.43 and its 200-day moving average price is $84.36. Zoom Communications, Inc. has a 52-week low of $64.41 and a 52-week high of $97.58.

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

Analyst Ratings Changes

ZM has been the topic of several recent analyst reports. Wolfe Research raised shares of Zoom Communications from a “peer perform” rating to an “outperform” rating and set a $115.00 price target on the stock in a research note on Thursday, February 5th. Wedbush restated an “outperform” rating and issued a $95.00 target price on shares of Zoom Communications in a research note on Tuesday, November 25th. Morgan Stanley raised their target price on shares of Zoom Communications from $85.00 to $92.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 25th. Sanford C. Bernstein decreased their price target on shares of Zoom Communications from $90.00 to $88.00 and set a “market perform” rating for the company in a research note on Thursday, February 26th. Finally, JPMorgan Chase & Co. boosted their price target on Zoom Communications from $85.00 to $90.00 and gave the company a “neutral” rating in a report on Tuesday, November 25th. Fourteen equities research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Zoom Communications currently has an average rating of “Hold” and a consensus price target 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.