Resona Asset Management Co. Ltd. Buys 5,680 Shares of Zoom Communications, Inc. $ZM

Resona Asset Management Co. Ltd. increased its stake in shares of Zoom Communications, Inc. (NASDAQ:ZM) by 6.5% in the third quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 92,893 shares of the company’s stock after purchasing an additional 5,680 shares during the period. Resona Asset Management Co. Ltd.’s holdings in Zoom Communications were worth $7,675,000 as of its most recent SEC filing.

Several other hedge funds have also recently added to or reduced their stakes in ZM. Teacher Retirement System of Texas grew its position in shares of Zoom Communications by 22.4% during the 3rd quarter. Teacher Retirement System of Texas now owns 327,970 shares of the company’s stock worth $27,058,000 after buying an additional 59,938 shares during the period. MOKAN Wealth Management Inc. acquired a new stake in shares of Zoom Communications in the 3rd quarter valued at approximately $207,000. Covestor Ltd boosted its stake in Zoom Communications by 18.1% during the 3rd quarter. Covestor Ltd now owns 3,638 shares of the company’s stock worth $300,000 after acquiring an additional 558 shares during the last quarter. Rakuten Investment Management Inc. bought a new position in Zoom Communications during the 3rd quarter worth approximately $719,000. Finally, Cornerstone Wealth Group LLC acquired a new position in Zoom Communications during the third quarter valued at approximately $232,000. Institutional investors and hedge funds own 66.54% of the company’s stock.

More Zoom Communications News

Here are the key news stories impacting Zoom Communications this week:

• Positive Sentiment: Baird estimates Zoom’s 2023 investment in Anthropic could now be worth $2 billion–$4 billion; the report framed the stake as a meaningful, previously underappreciated asset that lifted investor optimism. Zoom’s ‘hidden gem’ investment in Anthropic could be worth $2 billion to $4 billion, analysts say
• Positive Sentiment: Coverage in Barron’s amplified the same valuation view, reiterating the potential multi‑billion upside of Zoom’s Anthropic stake and driving further investor interest. Zoom Stock Is Soaring. Its Investment in Anthropic Is a ‘Hidden Gem.
• Positive Sentiment: Unusual options activity: traders bought ~33,095 call contracts (about +154% vs typical daily call volume), signaling speculative bullish bets that likely amplified upward price momentum intraday.
• Positive Sentiment: Market momentum: multiple outlets noted Zoom hit a 52‑week high, reflecting the combination of the Anthropic narrative and stronger near‑term fundamentals. Zoom Video stock hits 52-week high at 91.43 USD
• Neutral Sentiment: Analyst price‑target and narrative shifts: coverage notes analysts are revisiting Zoom’s story — some lifting targets on the Anthropic angle while others remain cautious, so follow subsequent analyst notes for conviction and magnitude of upgrades. Why The Story Behind Zoom Communications (ZM) Is Shifting With New Analyst Price Targets

Insider Activity

In other news, CEO Eric S. Yuan sold 73,378 shares of the firm’s stock in a transaction that occurred on Monday, November 3rd. The shares were sold at an average price of $86.15, for a total transaction of $6,321,514.70. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Santiago Subotovsky sold 2,475 shares of Zoom Communications stock in a transaction that occurred on Monday, January 5th. The shares were sold at an average price of $86.01, for a total transaction of $212,874.75. Following the completion of the sale, the director owned 145,219 shares in the company, valued at $12,490,286.19. This trade represents a 1.68% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders have sold 317,745 shares of company stock worth $27,002,595. 10.78% of the stock is currently owned by insiders.

Zoom Communications Trading Up 11.3%

ZM stock opened at $95.46 on Tuesday. The stock has a 50-day moving average price of $85.54 and a two-hundred day moving average price of $81.80. Zoom Communications, Inc. has a 1 year low of $64.41 and a 1 year high of $95.83. The stock has a market cap of $28.27 billion, a PE ratio of 18.57, a price-to-earnings-growth ratio of 7.71 and a beta of 0.87.

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

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. Weiss Ratings reiterated a “buy (b-)” rating on shares of Zoom Communications in a report on Monday, December 29th. Citigroup upgraded shares of Zoom Communications from a “neutral” rating to a “buy” rating and upped their price objective for the company from $94.00 to $106.00 in a research report on Monday, January 12th. Needham & Company LLC reiterated a “buy” rating and set a $100.00 target price on shares of Zoom Communications in a report on Tuesday, November 25th. William Blair reissued an “outperform” rating on shares of Zoom Communications in a research note on Tuesday, September 30th. Finally, Royal Bank Of Canada restated an “outperform” rating and issued a $100.00 price target on shares of Zoom Communications in a report on Tuesday, November 25th. One investment 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 given a Sell rating to the company. According to data from MarketBeat, Zoom Communications presently has an average rating of “Moderate Buy” and a consensus target price of $93.82.

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.