Board of the Pension Protection Fund Takes $522,000 Position in Zoom Communications, Inc. $ZM

Board of the Pension Protection Fund purchased a new stake in Zoom Communications, Inc. (NASDAQ:ZM) during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm purchased 6,700 shares of the company’s stock, valued at approximately $522,000.

A number of other hedge funds also recently made changes to their positions in ZM. Vanguard Personalized Indexing Management LLC boosted its position in Zoom Communications by 28.4% in the second quarter. Vanguard Personalized Indexing Management LLC now owns 26,525 shares of the company’s stock valued at $2,069,000 after buying an additional 5,861 shares in the last quarter. Concurrent Investment Advisors LLC acquired a new stake in Zoom Communications in the second quarter valued at approximately $202,000. waypoint wealth counsel acquired a new stake in shares of Zoom Communications during the 2nd quarter valued at $231,000. Aberdeen Group plc boosted its holdings in shares of Zoom Communications by 5.1% during the 2nd quarter. Aberdeen Group plc now owns 241,603 shares of the company’s stock valued at $18,840,000 after acquiring an additional 11,677 shares in the last quarter. Finally, 3Chopt Investment Partners LLC boosted its holdings in shares of Zoom Communications by 101.4% during the 2nd quarter. 3Chopt Investment Partners LLC now owns 5,910 shares of the company’s stock valued at $461,000 after acquiring an additional 2,976 shares in the last quarter. 66.54% of the stock is currently owned by institutional investors and hedge funds.

Insiders Place Their Bets

In other news, Director Jonathan Chadwick sold 25,000 shares of the business’s stock in a transaction dated Tuesday, July 15th. The stock was sold at an average price of $74.86, for a total value of $1,871,500.00. Following the transaction, the director directly owned 5,875 shares of the company’s stock, valued at $439,802.50. The trade was a 80.97% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, Director Santiago Subotovsky sold 2,475 shares of the business’s stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $80.78, for a total value of $199,930.50. Following the completion of the transaction, the director directly owned 152,644 shares in the company, valued at $12,330,582.32. This represents a 1.60% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 82,739 shares of company stock valued at $6,286,322 over the last quarter. Company insiders own 11.51% of the company’s stock.

Zoom Communications Price Performance

Zoom Communications stock opened at $80.28 on Friday. The stock’s 50 day moving average is $79.79 and its 200 day moving average is $77.67. The firm has a market cap of $24.29 billion, a P/E ratio of 21.18, a P/E/G ratio of 10.98 and a beta of 0.78. Zoom Communications, Inc. has a one year low of $64.41 and a one year high of $92.80.

Zoom Communications (NASDAQ:ZM) last issued its quarterly earnings results on Thursday, August 21st. The company reported $0.99 earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $1.38 by ($0.39). The firm had revenue of $1.22 billion during the quarter, compared to analyst estimates of $1.20 billion. Zoom Communications had a return on equity of 11.91% and a net margin of 24.99%.The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same quarter last year, the firm posted $1.39 EPS. Zoom Communications has set its FY 2026 guidance at 5.810-5.840 EPS. Q3 2026 guidance at 1.420-1.44 EPS. Equities analysts anticipate that Zoom Communications, Inc. will post 2.93 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently weighed in on ZM shares. Piper Sandler reissued a “neutral” rating and set a $85.00 price objective on shares of Zoom Communications in a report on Friday, August 22nd. Benchmark lifted their price target on Zoom Communications from $102.00 to $110.00 and gave the company a “buy” rating in a research note on Thursday, September 18th. Wall Street Zen upgraded shares of Zoom Communications from a “buy” rating to a “strong-buy” rating in a research report on Sunday, September 28th. Weiss Ratings reiterated a “hold (c)” rating on shares of Zoom Communications in a research report on Saturday, September 27th. Finally, Robert W. Baird cut their target price on shares of Zoom Communications from $100.00 to $95.00 and set an “outperform” rating on the stock in a research report on Friday, August 22nd. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, fifteen have issued a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Zoom Communications presently has a consensus rating of “Hold” and a consensus target price of $91.74.

Zoom Communications Profile

Zoom Video Communications, Inc provides unified communications platform in the Americas, the Asia Pacific, Europe, the Middle East, and Africa. The company offers Zoom Meetings that offers HD video, voice, chat, and content sharing through mobile devices, desktops, laptops, telephones, and conference room systems; Zoom Phone, an enterprise cloud phone system; and Zoom Chat enables users to share messages, images, audio files, and content in desktop, laptop, tablet, and mobile devices.