Peak Retirement Planning Inc. boosted its position in Zoom Communications, Inc. (NASDAQ:ZM – Free Report) by 23.8% in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 32,562 shares of the company’s stock after purchasing an additional 6,265 shares during the quarter. Peak Retirement Planning Inc.’s holdings in Zoom Communications were worth $2,810,000 at the end of the most recent reporting period.
Other hedge funds have also recently added to or reduced their stakes in the company. Toth Financial Advisory Corp acquired a new position in Zoom Communications in the 4th quarter valued at $28,000. Sound Income Strategies LLC raised its stake in Zoom Communications by 94.8% in the 4th quarter. Sound Income Strategies LLC now owns 411 shares of the company’s stock valued at $33,000 after purchasing an additional 200 shares during the last quarter. Activest Wealth Management raised its stake in Zoom Communications by 4,318.2% in the 4th quarter. Activest Wealth Management now owns 486 shares of the company’s stock valued at $42,000 after purchasing an additional 475 shares during the last quarter. Root Financial Partners LLC raised its stake in Zoom Communications by 33.5% in the 4th quarter. Root Financial Partners LLC now owns 542 shares of the company’s stock valued at $47,000 after purchasing an additional 136 shares during the last quarter. Finally, MAI Capital Management raised its stake in Zoom Communications by 34.7% in the 3rd quarter. MAI Capital Management now owns 579 shares of the company’s stock valued at $48,000 after purchasing an additional 149 shares during the last quarter. 66.54% of the stock is owned by institutional investors and hedge funds.
Analyst Ratings Changes
A number of analysts have issued reports on the company. Citigroup raised their target price on Zoom Communications from $122.00 to $126.00 and gave the stock a “buy” rating in a research note on Tuesday, May 26th. Mizuho raised their target price on Zoom Communications from $100.00 to $120.00 and gave the stock an “outperform” rating in a research note on Friday, May 22nd. BTIG Research raised their target price on Zoom Communications from $100.00 to $125.00 and gave the stock a “buy” rating in a research note on Friday, May 22nd. Needham & Company LLC raised their target price on Zoom Communications from $100.00 to $130.00 and gave the stock a “buy” rating in a research note on Friday, May 22nd. Finally, Benchmark raised their target price on Zoom Communications from $115.00 to $121.00 and gave the stock a “buy” rating in a research note on Thursday, May 21st. Fifteen analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. According to data from MarketBeat.com, Zoom Communications currently has an average rating of “Moderate Buy” and a consensus target price of $109.33.
Zoom Communications Trading Up 0.2%
Shares of NASDAQ:ZM opened at $111.88 on Wednesday. The business has a 50-day moving average price of $92.06 and a 200 day moving average price of $87.57. The company has a market capitalization of $32.81 billion, a price-to-earnings ratio of 16.43, a PEG ratio of 6.39 and a beta of 1.01. Zoom Communications, Inc. has a 12-month low of $69.15 and a 12-month high of $114.74.
Zoom Communications (NASDAQ:ZM – Get Free Report) last issued its quarterly earnings data on Thursday, May 21st. The company reported $1.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.42 by $0.13. The firm had revenue of $1.24 billion during the quarter, compared to the consensus estimate of $1.22 billion. Zoom Communications had a return on equity of 11.87% and a net margin of 41.99%.The company’s quarterly revenue was up 5.5% on a year-over-year basis. During the same period last year, the company earned $1.43 EPS. Zoom Communications has set its FY 2027 guidance at 5.960-6.000 EPS and its Q2 2027 guidance at 1.450-1.470 EPS. As a group, equities research analysts predict that Zoom Communications, Inc. will post 3.94 earnings per share for the current fiscal year.
Key Stories Impacting Zoom Communications
Here are the key news stories impacting Zoom Communications this week:
- Positive Sentiment: Zoom launched ZoomMate, a new “AI teammate” and agentic work surface that turns meetings and conversations into completed work by connecting with tools like Salesforce, Jira, Slack, and ServiceNow. Investors appear to be rewarding the company’s push into higher-value AI workflow software. Zoom launches ZoomMate: the first AI teammate built to turn conversations into completed work
- Positive Sentiment: Zoom’s recent quarterly results also helped sentiment: revenue and earnings beat expectations, margins improved, guidance was raised, and the company added $1.0 billion to its share repurchase authorization. That backdrop suggests stronger profitability and capital returns. Zoom shares climb as AI product launch adds to post-earnings momentum
- Positive Sentiment: Anthropic’s confidential IPO filing was viewed as a potential upside catalyst for Zoom because Zoom is an early investor in the AI startup, leading some investors to reassess the value of that stake. Zoom Stock Jumps 11%. Why the Anthropic IPO Is Good News for the Video Calling Company.
- Neutral Sentiment: Zoom also presented at the William Blair Growth Stock Conference, which likely kept the stock in focus but did not appear to be a major standalone catalyst. Zoom Communications, Inc. Presents at 46th Annual William Blair Growth Stock Conference Transcript
- Neutral Sentiment: Some commentary raised questions about the quality of Zoom’s earnings, suggesting the market may still be weighing whether the latest results are durable enough to justify the rally. There May Be Underlying Issues With The Quality Of Zoom Communications’ Earnings
- Negative Sentiment: Event-driven trading analysis around ZM indicates some investors may be viewing the move as trade-driven rather than a clean fundamental breakout, which could limit follow-through if catalysts fade. Evaluating Zoom’s (ZM) Event-Driven Trade
Insider Activity
In related news, COO Aparna Bawa sold 12,886 shares of the firm’s stock in a transaction dated Friday, April 17th. The stock was 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 trade represents a 86.69% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, 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 firm’s stock in a transaction dated Friday, April 10th. The stock was sold at an average price of $81.32, for a total value of $690,325.48. Following the sale, the chief financial officer directly owned 30,467 shares of the company’s stock, valued at $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 ninety days, insiders sold 141,854 shares of company stock worth $12,173,374. 10.78% of the stock is currently owned by corporate insiders.
Zoom Communications 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.
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