K.J. Harrison & Partners Inc Acquires Shares of 9,000 Zoom Communications, Inc. $ZM

K.J. Harrison & Partners Inc acquired a new stake in shares of Zoom Communications, Inc. (NASDAQ:ZM) during the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund acquired 9,000 shares of the company’s stock, valued at approximately $777,000.

Other institutional investors also recently added to or reduced their stakes in the company. Mitsubishi UFJ Asset Management Co. Ltd. increased its stake in Zoom Communications by 10.5% in the 3rd quarter. Mitsubishi UFJ Asset Management Co. Ltd. now owns 238,753 shares of the company’s stock worth $19,697,000 after buying an additional 22,704 shares during the period. Strive Asset Management LLC purchased a new position in Zoom Communications in the 3rd quarter worth about $1,238,000. LSV Asset Management increased its stake in Zoom Communications by 5.0% in the 3rd quarter. LSV Asset Management now owns 1,069,440 shares of the company’s stock worth $88,229,000 after buying an additional 50,579 shares during the period. Krilogy Financial LLC bought a new position in Zoom Communications during the 3rd quarter worth about $1,963,000. Finally, Boston Common Asset Management LLC bought a new position in Zoom Communications during the 4th quarter worth about $2,163,000. Hedge funds and other institutional investors own 66.54% of the company’s stock.

Key Stories Impacting Zoom Communications

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

• Positive Sentiment: Product & leadership moves that support growth thesis — Zoom named a new Chief Product Officer and is pushing AI‑focused product initiatives aimed at SMBs and “solopreneurs,” which investors view as diversification beyond meetings. Read More.
• Positive Sentiment: New customer/market programs — the Solopreneur 50 grants and related research highlight efforts to monetize AI‑enabled one‑person businesses and extend addressable market. Read More.
• Positive Sentiment: Technical momentum & institutional support — the stock cleared a cup‑with‑handle breakout and received an IBD upgrade, and large institutions have added meaningful positions recently, which can attract momentum flows. Read More.
• Neutral Sentiment: Company fundamentals & valuation — Zoom slightly missed EPS in February ($1.44 vs. $1.48 est.), provided FY‑2027 guidance, and debate continues about valuation (~18x earnings for some observers). These are background fundamentals rather than an immediate catalyst. Read More.
• Negative Sentiment: Insider selling — CEO Eric Yuan sold 12,100 shares (avg ~$106.60) and a director also sold shares; both trades were executed under Rule 10b5‑1 plans, but such filings can create near‑term selling pressure and prompt caution from momentum traders. Read More.
• Negative Sentiment: Short‑term profit‑taking & sector rotation — ZM recently snapped a six‑session winning streak and fell in the prior session amid profit‑taking and a broader rotation away from high‑beta cloud/software names, a risk that can compress multiples. Read More.

Analyst Upgrades and Downgrades

ZM has been the topic of several recent research reports. Sanford C. Bernstein dropped their target price on shares of Zoom Communications from $90.00 to $88.00 and set a “market perform” rating on the stock in a report on Thursday, February 26th. Argus upgraded shares of Zoom Communications to a “hold” rating in a report on Monday, March 9th. Wolfe Research upgraded shares of Zoom Communications from a “peer perform” rating to an “outperform” rating and set a $115.00 target price on the stock in a report on Thursday, February 5th. Citigroup upgraded shares of Zoom Communications from a “neutral” rating to a “buy” rating and increased their target price for the stock from $94.00 to $106.00 in a report on Monday, January 12th. Finally, Zacks Research cut shares of Zoom Communications from a “strong-buy” rating to a “hold” rating in a report on Friday, February 13th. Fourteen research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and one has given 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.

Zoom Communications Stock Performance

ZM stock opened at $108.36 on Friday. The firm has a market cap of $31.93 billion, a price-to-earnings ratio of 17.48, a PEG ratio of 6.01 and a beta of 1.00. The firm has a 50-day simple moving average of $83.24 and a two-hundred day simple moving average of $85.37. Zoom Communications, Inc. has a one year low of $69.15 and a one year high of $109.50.

Zoom Communications (NASDAQ:ZM) last released its quarterly earnings results on Wednesday, February 25th. The company reported $1.44 EPS for the quarter, missing the consensus estimate of $1.48 by ($0.04). The firm had revenue of $1.25 billion for the quarter, compared to analysts’ expectations of $1.23 billion. Zoom Communications had a net margin of 39.03% and a return on equity of 11.88%. The business’s quarterly revenue was up 5.3% compared to the same quarter last year. During the same period in the previous year, the company posted $1.41 earnings per share. 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 analysts predict that Zoom Communications, Inc. will post 3.94 earnings per share for the current fiscal year.

Insider Buying and Selling at Zoom Communications

In other Zoom Communications news, COO Aparna Bawa sold 12,886 shares of the stock in a transaction dated Friday, April 17th. The shares were sold at an average price of $87.62, for a total transaction of $1,129,071.32. Following the completion of the sale, the chief operating officer directly owned 1,978 shares of the company’s stock, valued at approximately $173,312.36. This represents a 86.69% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Michelle Chang sold 8,489 shares of the stock in a transaction dated Friday, April 10th. The shares were sold at an average price of $81.32, for a total transaction of $690,325.48. Following the sale, the chief financial officer directly owned 30,467 shares of the company’s stock, valued at approximately $2,477,576.44. The trade was a 21.79% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders sold 144,329 shares of company stock valued at $12,364,989. 11.51% of the stock is currently owned by corporate insiders.

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.