Focus Partners Advisor Solutions LLC Increases Holdings in Zoom Communications, Inc. $ZM

Focus Partners Advisor Solutions LLC raised its holdings in Zoom Communications, Inc. (NASDAQ:ZM) by 77.3% during the second quarter, Holdings Channel.com reports. The firm owned 11,260 shares of the company’s stock after purchasing an additional 4,908 shares during the period. Focus Partners Advisor Solutions LLC’s holdings in Zoom Communications were worth $878,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in the business. AlphaQuest LLC raised its position in Zoom Communications by 3,886.4% in the second quarter. AlphaQuest LLC now owns 36,117 shares of the company’s stock valued at $2,816,000 after purchasing an additional 35,211 shares during the period. Asset Management One Co. Ltd. raised its position in Zoom Communications by 17.7% in the second quarter. Asset Management One Co. Ltd. now owns 111,431 shares of the company’s stock valued at $8,689,000 after purchasing an additional 16,719 shares during the period. Forum Financial Management LP raised its position in Zoom Communications by 73.0% in the second quarter. Forum Financial Management LP now owns 7,371 shares of the company’s stock valued at $575,000 after purchasing an additional 3,111 shares during the period. Ethic Inc. raised its position in Zoom Communications by 18.9% in the second quarter. Ethic Inc. now owns 13,561 shares of the company’s stock valued at $1,063,000 after purchasing an additional 2,151 shares during the period. Finally, Caliber Wealth Management LLC KS raised its position in Zoom Communications by 45.2% in the second quarter. Caliber Wealth Management LLC KS now owns 4,900 shares of the company’s stock valued at $382,000 after purchasing an additional 1,525 shares during the period. Hedge funds and other institutional investors own 66.54% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts have commented on ZM shares. Stifel Nicolaus lifted their target price on Zoom Communications from $80.00 to $90.00 and gave the company a “hold” rating in a research report on Thursday, September 18th. Mizuho lifted their target price on Zoom Communications from $95.00 to $100.00 and gave the company an “outperform” rating in a research report on Tuesday, August 26th. JMP Securities restated a “market perform” rating on shares of Zoom Communications in a research report on Thursday, September 18th. Needham & Company LLC reiterated a “buy” rating and issued a $100.00 price objective on shares of Zoom Communications in a report on Thursday, September 18th. Finally, Benchmark boosted their price objective on Zoom Communications from $102.00 to $110.00 and gave the company a “buy” rating in a report on Thursday, September 18th. Two analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, fifteen have assigned a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Hold” and an average price target of $91.74.

Insider Activity at Zoom Communications

In other news, CFO Michelle Chang sold 33,956 shares of the company’s stock in a transaction dated Friday, October 10th. The stock was sold at an average price of $82.00, for a total transaction of $2,784,392.00. Following the completion of the transaction, the chief financial officer directly owned 20,539 shares of the company’s stock, valued at approximately $1,684,198. This represents a 62.31% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, insider Velchamy Sankarlingam sold 7,660 shares of the company’s stock in a transaction dated Friday, October 10th. The stock was sold at an average price of $82.00, for a total value of $628,120.00. Following the transaction, the insider directly owned 132,795 shares of the company’s stock, valued at approximately $10,889,190. This represents a 5.45% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 245,617 shares of company stock worth $20,154,365 over the last quarter. 10.78% of the stock is currently owned by insiders.

Zoom Communications Price Performance

Shares of NASDAQ ZM opened at $84.89 on Wednesday. The stock’s 50-day moving average is $82.18 and its two-hundred day moving average is $78.58. Zoom Communications, Inc. has a 1-year low of $64.41 and a 1-year high of $92.80. The company has a market cap of $25.68 billion, a price-to-earnings ratio of 22.40, a price-to-earnings-growth ratio of 11.62 and a beta of 0.78.

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

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.