Earned Wealth Advisors LLC Boosts Holdings in Zoom Communications, Inc. $ZM

Earned Wealth Advisors LLC lifted its position in shares of Zoom Communications, Inc. (NASDAQ:ZM) by 11.5% during the second quarter, HoldingsChannel reports. The firm owned 5,128 shares of the company’s stock after purchasing an additional 527 shares during the quarter. Earned Wealth Advisors LLC’s holdings in Zoom Communications were worth $400,000 as of its most recent SEC filing.

A number of other large investors have also added to or reduced their stakes in the company. Wayfinding Financial LLC acquired a new position in Zoom Communications in the 1st quarter worth $25,000. SouthState Corp purchased a new stake in shares of Zoom Communications during the first quarter worth about $25,000. REAP Financial Group LLC lifted its stake in shares of Zoom Communications by 181.7% in the second quarter. REAP Financial Group LLC now owns 355 shares of the company’s stock worth $28,000 after acquiring an additional 229 shares in the last quarter. GKV Capital Management Co. Inc. purchased a new position in Zoom Communications in the first quarter valued at about $31,000. Finally, FNY Investment Advisers LLC acquired a new stake in Zoom Communications during the 2nd quarter valued at approximately $31,000. 66.54% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

A number of equities analysts have issued reports on ZM shares. Benchmark upped their target price on Zoom Communications from $102.00 to $110.00 and gave the company a “buy” rating in a research report on Thursday, September 18th. Morgan Stanley started coverage on shares of Zoom Communications in a report on Tuesday, October 21st. They issued an “equal weight” rating and a $85.00 price target on the stock. Weiss Ratings reiterated a “hold (c+)” rating on shares of Zoom Communications in a research note on Tuesday, October 14th. Wells Fargo & Company began coverage on shares of Zoom Communications in a report on Tuesday, September 30th. They set an “equal weight” rating and a $90.00 price objective for the company. Finally, Mizuho upped their target price on shares of Zoom Communications from $95.00 to $100.00 and gave the company an “outperform” rating in a research note on Tuesday, August 26th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have assigned a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $91.74.

Insider Buying and Selling at Zoom Communications

In other Zoom Communications news, CFO Michelle Chang sold 33,956 shares of the firm’s stock in a transaction that occurred on Friday, October 10th. The shares were sold at an average price of $82.00, for a total value of $2,784,392.00. Following the sale, the chief financial officer owned 20,539 shares in the company, valued at approximately $1,684,198. This trade represents a 62.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, COO Aparna Bawa sold 10,528 shares of the firm’s stock in a transaction that occurred on Thursday, October 16th. The shares were sold at an average price of $79.77, for a total value of $839,818.56. Following the completion of the sale, the chief operating officer owned 1,978 shares in the company, valued at approximately $157,785.06. This represents a 84.18% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last ninety days, insiders have sold 245,617 shares of company stock valued at $20,154,365. Corporate insiders own 11.51% of the company’s stock.

Zoom Communications Stock Up 1.2%

ZM opened at $84.34 on Friday. The company’s 50-day moving average price is $82.62 and its 200 day moving average price is $78.70. Zoom Communications, Inc. has a fifty-two week low of $64.41 and a fifty-two week high of $92.80. The firm has a market cap of $25.52 billion, a price-to-earnings ratio of 22.25, a price-to-earnings-growth ratio of 11.37 and a beta of 0.78.

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

Zoom Communications Company 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.