Mitsubishi UFJ Trust & Banking Corp Sells 22,429 Shares of Zoom Communications, Inc. $ZM

Mitsubishi UFJ Trust & Banking Corp trimmed its stake in Zoom Communications, Inc. (NASDAQ:ZM) by 6.3% during the third quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 334,770 shares of the company’s stock after selling 22,429 shares during the period. Mitsubishi UFJ Trust & Banking Corp owned 0.11% of Zoom Communications worth $27,619,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the stock. Elevation Point Wealth Partners LLC acquired a new position in Zoom Communications during the second quarter valued at approximately $27,000. REAP Financial Group LLC boosted its holdings in shares of Zoom Communications by 181.7% during the 2nd quarter. REAP Financial Group LLC now owns 355 shares of the company’s stock worth $28,000 after buying an additional 229 shares during the period. FNY Investment Advisers LLC acquired a new position in Zoom Communications in the 2nd quarter valued at $31,000. Root Financial Partners LLC acquired a new position in Zoom Communications in the 3rd quarter valued at $33,000. Finally, Quent Capital LLC bought a new position in Zoom Communications in the 3rd quarter worth $34,000. Institutional investors own 66.54% of the company’s stock.

Zoom Communications Trading Up 1.3%

ZM opened at $85.78 on Monday. The stock has a market cap of $25.40 billion, a PE ratio of 16.69, a P/E/G ratio of 7.71 and a beta of 0.87. Zoom Communications, Inc. has a 1 year low of $64.41 and a 1 year high of $91.43. The stock’s 50 day simple moving average is $85.27 and its 200-day simple moving average is $81.66.

Zoom Communications (NASDAQ:ZM) last issued its earnings results on Monday, November 24th. The company reported $1.52 EPS for the quarter, topping the consensus estimate of $1.44 by $0.08. The firm had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.21 billion. Zoom Communications had a return on equity of 12.20% and a net margin of 33.17%.Zoom Communications’s quarterly revenue was up 4.4% compared to the same quarter last year. During the same period last year, the business earned $1.38 earnings per share. 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. Equities analysts forecast that Zoom Communications, Inc. will post 2.93 earnings per share for the current fiscal year.

Insider Buying and Selling at Zoom Communications

In other news, insider Velchamy Sankarlingam sold 7,568 shares of the company’s stock in a transaction that occurred on Monday, January 12th. The stock was sold at an average price of $86.55, for a total value of $655,010.40. Following the sale, the insider directly owned 136,182 shares in the company, valued at approximately $11,786,552.10. This represents a 5.26% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. Also, CEO Eric S. Yuan sold 12,100 shares of the stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $83.46, for a total value of $1,009,866.00. The disclosure for this sale is available in the SEC filing. Insiders sold 317,745 shares of company stock worth $27,002,595 in the last 90 days. 10.78% of the stock is currently owned by insiders.

Analyst Ratings Changes

A number of equities research analysts have issued reports on the stock. Weiss Ratings restated a “buy (b-)” rating on shares of Zoom Communications in a report on Monday, December 29th. Piper Sandler increased their target price on Zoom Communications from $85.00 to $91.00 and gave the company a “neutral” rating in a research note on Monday, January 5th. Wells Fargo & Company assumed coverage on Zoom Communications in a report on Tuesday, September 30th. They issued an “equal weight” rating and a $90.00 target price on the stock. JPMorgan Chase & Co. increased their price objective on Zoom Communications from $85.00 to $90.00 and gave the company a “neutral” rating in a research report on Tuesday, November 25th. Finally, Citigroup upgraded shares of Zoom Communications from a “neutral” rating to a “buy” rating and raised their price objective for the stock from $94.00 to $106.00 in a research note on Monday, January 12th. One research analyst has rated the stock with a Strong Buy rating, thirteen have assigned a Buy rating, twelve have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $93.82.

Zoom Communications Company 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.