Aberdeen Group plc Acquires 22,865 Shares of Zoom Communications, Inc. $ZM

Aberdeen Group plc lifted its holdings in shares of Zoom Communications, Inc. (NASDAQ:ZM) by 9.5% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 264,468 shares of the company’s stock after purchasing an additional 22,865 shares during the period. Aberdeen Group plc owned about 0.09% of Zoom Communications worth $21,819,000 at the end of the most recent reporting period.

Several other institutional investors also recently added to or reduced their stakes in the stock. Candriam S.C.A. lifted its position in shares of Zoom Communications by 49.4% during the 2nd quarter. Candriam S.C.A. now owns 16,560 shares of the company’s stock valued at $1,291,000 after buying an additional 5,477 shares during the last quarter. LSV Asset Management raised 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 valued at $88,229,000 after acquiring an additional 50,579 shares during the period. Catalyst Funds Management Pty Ltd purchased a new stake in Zoom Communications during the second quarter valued at about $1,248,000. Krilogy Financial LLC bought a new position in Zoom Communications during the third quarter worth about $1,963,000. Finally, Shelton Capital Management boosted its position in Zoom Communications by 519.3% during the second quarter. Shelton Capital Management now owns 215,500 shares of the company’s stock worth $16,805,000 after purchasing an additional 180,700 shares during the period. Institutional investors own 66.54% of the company’s stock.

Zoom Communications Price Performance

NASDAQ:ZM opened at $88.65 on Wednesday. The company has a market capitalization of $26.25 billion, a price-to-earnings ratio of 17.25, a PEG ratio of 8.29 and a beta of 0.90. The business has a 50 day moving average of $88.22 and a 200 day moving average of $83.81. Zoom Communications, Inc. has a 1-year low of $64.41 and a 1-year high of $97.58.

Zoom Communications (NASDAQ:ZM) last issued its earnings results on Monday, November 24th. The company reported $1.52 EPS for the quarter, topping analysts’ consensus estimates of $1.44 by $0.08. The company had revenue of $1.23 billion for the quarter, compared to analysts’ expectations of $1.21 billion. Zoom Communications had a net margin of 33.17% and a return on equity of 12.20%. The firm’s revenue was up 4.4% compared to the same quarter last year. During the same quarter last year, the company earned $1.38 EPS. Zoom Communications has set its FY 2026 guidance at 5.950-5.970 EPS and its Q4 2026 guidance at 1.480-1.490 EPS. As a group, sell-side analysts anticipate that Zoom Communications, Inc. will post 2.93 EPS for the current year.

Insider Buying and Selling

In other news, CEO Eric S. Yuan sold 12,100 shares of the business’s stock in a transaction that occurred on Monday, February 2nd. The stock was sold at an average price of $93.01, for a total transaction of $1,125,421.00. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Santiago Subotovsky sold 2,475 shares of the business’s stock in a transaction on Thursday, February 5th. The shares were sold at an average price of $90.39, for a total transaction of $223,715.25. Following the transaction, the director directly owned 155,917 shares in the company, valued at approximately $14,093,337.63. The trade was a 1.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders sold 183,089 shares of company stock valued at $15,751,383 over the last ninety days. Corporate insiders own 10.78% of the company’s stock.

Analyst Upgrades and Downgrades

ZM has been the subject of several analyst reports. Weiss Ratings reaffirmed a “buy (b-)” rating on shares of Zoom Communications in a report on Monday, December 29th. Cantor Fitzgerald reaffirmed a “neutral” rating and issued a $87.00 price target on shares of Zoom Communications in a report on Tuesday, November 25th. Jefferies Financial Group boosted their price objective on Zoom Communications from $100.00 to $105.00 and gave the company a “buy” rating in a research note on Tuesday, November 25th. Morgan Stanley increased their price objective on Zoom Communications from $85.00 to $92.00 and gave the stock an “equal weight” rating in a report on Tuesday, November 25th. Finally, BTIG Research began coverage on Zoom Communications in a report on Tuesday, December 16th. They set a “buy” rating and a $105.00 target price for the company. One equities research analyst has rated the stock with a Strong Buy rating, fourteen have assigned a Buy rating, twelve have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average price target of $94.74.

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.