Dimensional Fund Advisors LP Raises Stock Holdings in Zoom Communications, Inc. $ZM

Dimensional Fund Advisors LP grew its position in Zoom Communications, Inc. (NASDAQ:ZM) by 4.2% in the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission. The firm owned 2,352,126 shares of the company’s stock after acquiring an additional 94,043 shares during the quarter. Dimensional Fund Advisors LP’s holdings in Zoom Communications were worth $189,051,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of the business. Advocate Investing Services LLC purchased a new stake in Zoom Communications in the 4th quarter valued at $26,000. Strive Financial Group LLC purchased a new stake in shares of Zoom Communications in the fourth quarter valued at about $27,000. Toth Financial Advisory Corp acquired a new position in Zoom Communications in the 4th quarter valued at about $28,000. Rexford Capital Inc. raised its stake in shares of Zoom Communications by 45.7% during the first quarter. Rexford Capital Inc. now owns 389 shares of the company’s stock worth $31,000 after purchasing an additional 122 shares during the last quarter. Finally, Sound Income Strategies LLC lifted its holdings in shares of Zoom Communications by 94.8% during the fourth quarter. Sound Income Strategies LLC now owns 411 shares of the company’s stock worth $33,000 after purchasing an additional 200 shares during the period. 66.54% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

A number of brokerages have commented on ZM. Mizuho upped their price objective on shares of Zoom Communications from $100.00 to $120.00 and gave the stock an “outperform” rating in a research report on Friday, May 22nd. Morgan Stanley raised their price objective on shares of Zoom Communications from $92.00 to $105.00 and gave the company an “equal weight” rating in a research report on Friday, May 22nd. Piper Sandler lifted their price objective on Zoom Communications from $91.00 to $107.00 and gave the company a “neutral” rating in a report on Friday, May 22nd. Citizens Jmp reiterated a “market perform” rating on shares of Zoom Communications in a research report on Wednesday, May 20th. Finally, Cantor Fitzgerald increased their target price on Zoom Communications from $87.00 to $104.00 and gave the stock a “neutral” rating in a research note on Friday, May 22nd. Fifteen analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company. According to MarketBeat, Zoom Communications presently has an average rating of “Moderate Buy” and an average price target of $109.33.

Zoom Communications Stock Up 4.6%

NASDAQ ZM opened at $87.99 on Friday. Zoom Communications, Inc. has a fifty-two week low of $69.15 and a fifty-two week high of $114.74. The stock has a market cap of $25.80 billion, a price-to-earnings ratio of 12.92, a price-to-earnings-growth ratio of 4.51 and a beta of 1.01. The business has a fifty day moving average of $93.30 and a 200-day moving average of $88.99.

Zoom Communications (NASDAQ:ZM) last posted its quarterly earnings data on Thursday, May 21st. The company reported $1.55 EPS for the quarter, beating analysts’ consensus estimates of $1.42 by $0.13. Zoom Communications had a return on equity of 11.87% and a net margin of 41.99%.The business had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same quarter last year, the company earned $1.43 earnings per share. The business’s revenue for the quarter was up 5.5% compared to the same quarter last year. 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, analysts anticipate that Zoom Communications, Inc. will post 4.21 EPS for the current year.

Insider Transactions at Zoom Communications

In other news, CFO Michelle Chang sold 8,489 shares of the business’s stock in a transaction that occurred on Friday, July 10th. The shares were sold at an average price of $90.80, for a total value of $770,801.20. Following the completion of the transaction, the chief financial officer owned 35,452 shares of the company’s stock, valued at $3,219,041.60. The trade was a 19.32% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. 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. Also, Director Santiago Subotovsky sold 2,637 shares of the company’s stock in a transaction that occurred on Wednesday, July 1st. The shares were sold at an average price of $90.15, for a total transaction of $237,725.55. Following the transaction, the director directly owned 138,554 shares in the company, valued at $12,490,643.10. The trade was a 1.87% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 48,517 shares of company stock worth $5,061,783 over the last ninety days. 8.83% 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.