Caerus Investment Advisors LLC Invests $920,000 in Zoom Communications, Inc. $ZM

Caerus Investment Advisors LLC purchased a new position in shares of Zoom Communications, Inc. (NASDAQ:ZM) in the third quarter, HoldingsChannel.com reports. The fund purchased 11,157 shares of the company’s stock, valued at approximately $920,000.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of ZM. Sunbelt Securities Inc. raised its position in shares of Zoom Communications by 26,312.0% during the 3rd quarter. Sunbelt Securities Inc. now owns 6,603 shares of the company’s stock valued at $545,000 after acquiring an additional 6,578 shares during the last quarter. Captrust Financial Advisors boosted its position in shares of Zoom Communications by 58.9% in the 3rd quarter. Captrust Financial Advisors now owns 35,998 shares of the company’s stock worth $2,970,000 after purchasing an additional 13,341 shares during the last quarter. Danske Bank A S bought a new position in shares of Zoom Communications in the 3rd quarter worth $17,970,000. Advisory Services Network LLC acquired a new stake in shares of Zoom Communications during the third quarter worth $145,000. Finally, Camelot Portfolios LLC grew its stake in shares of Zoom Communications by 16.1% during the third quarter. Camelot Portfolios LLC now owns 15,735 shares of the company’s stock worth $1,298,000 after purchasing an additional 2,187 shares during the period. 66.54% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities analysts have weighed in on ZM shares. Zacks Research lowered Zoom Communications from a “strong-buy” rating to a “hold” rating in a research note on Friday, February 13th. Wolfe Research upgraded Zoom Communications from a “peer perform” rating to an “outperform” rating and set a $115.00 target price for the company in a research report on Thursday, February 5th. BTIG Research cut their price target on shares of Zoom Communications from $105.00 to $100.00 and set a “buy” rating on the stock in a research report on Thursday, February 26th. Citigroup raised shares of Zoom Communications from a “neutral” rating to a “buy” rating and lifted their price objective for the stock from $94.00 to $106.00 in a research note on Monday, January 12th. Finally, Citizens Jmp restated a “market perform” rating on shares of Zoom Communications in a report on Tuesday, February 24th. Fourteen research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company has an average rating of “Hold” and an average target price of $95.32.

Zoom Communications Trading Up 1.4%

ZM stock opened at $75.99 on Wednesday. Zoom Communications, Inc. has a 1-year low of $64.41 and a 1-year high of $97.58. The firm has a market cap of $22.50 billion, a PE ratio of 12.26, a P/E/G ratio of 4.29 and a beta of 0.93. The business’s 50-day moving average price is $84.98 and its two-hundred day moving average price is $84.48.

Zoom Communications (NASDAQ:ZM) last announced its quarterly earnings results on Wednesday, February 25th. The company reported $1.44 earnings per share (EPS) for the quarter, missing the consensus estimate of $1.48 by ($0.04). The business had revenue of $1.25 billion during the quarter, compared to the consensus estimate of $1.23 billion. Zoom Communications had a return on equity of 11.88% and a net margin of 39.03%.The firm’s revenue was up 5.3% compared to the same quarter last year. During the same quarter last year, the company earned $1.41 earnings per share. Zoom Communications has set its FY 2027 guidance at 5.770-5.810 EPS and its Q1 2027 guidance at 1.400-1.420 EPS. On average, analysts forecast that Zoom Communications, Inc. will post 2.93 earnings per share for the current year.

Insider Buying and Selling at Zoom Communications

In other news, CEO Eric S. Yuan sold 12,100 shares of the company’s stock in a transaction that occurred on Monday, February 2nd. The shares were sold at an average price of $93.01, for a total value of $1,125,421.00. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CFO Michelle Chang sold 8,417 shares of the stock in a transaction on Monday, January 12th. The stock was sold at an average price of $86.54, for a total transaction of $728,407.18. Following the sale, the chief financial officer directly owned 25,482 shares of the company’s stock, valued at $2,205,212.28. This represents a 24.83% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 109,706 shares of company stock worth $9,299,555 in the last quarter. Company insiders own 10.78% of the company’s stock.

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.