Lansforsakringar Fondforvaltning AB publ Sells 7,010 Shares of Zoom Communications, Inc. $ZM

Lansforsakringar Fondforvaltning AB publ trimmed its position in Zoom Communications, Inc. (NASDAQ:ZM) by 7.9% during the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 82,139 shares of the company’s stock after selling 7,010 shares during the quarter. Lansforsakringar Fondforvaltning AB publ’s holdings in Zoom Communications were worth $6,603,000 as of its most recent filing with the Securities & Exchange Commission.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Vanguard Group Inc. boosted its position in Zoom Communications by 4.0% during the 4th quarter. Vanguard Group Inc. now owns 26,967,224 shares of the company’s stock valued at $2,327,002,000 after buying an additional 1,029,623 shares during the period. AQR Capital Management LLC increased its position in shares of Zoom Communications by 43.9% in the fourth quarter. AQR Capital Management LLC now owns 12,195,243 shares of the company’s stock valued at $1,052,328,000 after acquiring an additional 3,718,186 shares during the period. State Street Corp increased its position in shares of Zoom Communications by 5.0% in the fourth quarter. State Street Corp now owns 7,582,924 shares of the company’s stock valued at $654,331,000 after acquiring an additional 363,776 shares during the period. Norges Bank bought a new position in shares of Zoom Communications during the fourth quarter valued at about $509,788,000. Finally, Geode Capital Management LLC raised its stake in shares of Zoom Communications by 3.1% during the fourth quarter. Geode Capital Management LLC now owns 5,139,583 shares of the company’s stock valued at $445,254,000 after acquiring an additional 152,862 shares during the last quarter. 66.54% of the stock is currently owned by institutional investors.

Insiders Place Their Bets

In other Zoom Communications news, Director Santiago Subotovsky sold 5,274 shares of the firm’s stock in a transaction on Monday, May 4th. The stock was sold at an average price of $106.58, for a total transaction of $562,102.92. Following the completion of the transaction, the director owned 142,882 shares of the company’s stock, valued at approximately $15,228,363.56. This trade represents a 3.56% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Velchamy Sankarlingam sold 7,645 shares of the business’s stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $85.44, for a total transaction of $653,188.80. Following the sale, the insider owned 141,971 shares in the company, valued at approximately $12,130,002.24. This trade represents a 5.11% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 156,638 shares of company stock valued at $13,900,194 in the last 90 days. Corporate insiders own 8.83% of the company’s stock.

Zoom Communications Stock Performance

ZM stock opened at $87.14 on Friday. Zoom Communications, Inc. has a fifty-two week low of $69.15 and a fifty-two week high of $114.74. The company has a market capitalization of $25.55 billion, a price-to-earnings ratio of 12.80, a price-to-earnings-growth ratio of 4.98 and a beta of 1.01. The business’s 50 day moving average price is $96.67 and its two-hundred day moving average price is $88.82.

Zoom Communications (NASDAQ:ZM) last released its earnings results on Thursday, May 21st. The company reported $1.55 EPS for the quarter, beating analysts’ consensus estimates of $1.42 by $0.13. Zoom Communications had a return on equity of 11.87% and a net margin of 41.99%.The company had revenue of $1.24 billion during the quarter, compared to analysts’ expectations of $1.22 billion. During the same quarter last year, the business posted $1.43 EPS. The firm’s revenue for the quarter was up 5.5% compared to the same quarter last year. Zoom Communications has set its FY 2027 guidance at 5.960-6.000 EPS and its Q2 2027 guidance at 1.450-1.470 EPS. Sell-side analysts forecast that Zoom Communications, Inc. will post 4.08 earnings per share for the current year.

More Zoom Communications News

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

• Positive Sentiment: Needham & Company reaffirmed its Buy rating on Zoom and raised its price target to $130, implying meaningful upside from current levels. Benzinga article
• Positive Sentiment: Zoom announced a definitive agreement to acquire Common Room, an AI-native GTM intelligence platform. The deal is aimed at strengthening Zoom’s AI revenue platform by combining buyer-intelligence data, enrichment, and AI agents, which could improve Zoom’s long-term growth story. GlobeNewswire article
• Positive Sentiment: Recent coverage has highlighted Zoom’s expanding AI and customer-experience initiatives, including new Virtual Agent tools and partner integrations, which support the thesis that Zoom is building a more durable platform around automation and regulated workflows. Yahoo Finance article
• Neutral Sentiment: Several articles discussed Zoom as a possible value stock, noting that the shares have fallen sharply over the past five years and may still trade below estimated intrinsic value. This is supportive for investors looking for discounted valuation, but it is not an immediate catalyst.
• Negative Sentiment: One market commentary included Zoom in a discussion of mid-cap stocks that investors should be cautious about, reflecting lingering skepticism around competition and execution risk. Yahoo Finance article

Analyst Upgrades and Downgrades

ZM has been the subject of a number of analyst reports. Citizens Jmp reiterated a “market perform” rating on shares of Zoom Communications in a report on Wednesday, May 20th. Robert W. Baird upped their price target on Zoom Communications from $95.00 to $105.00 and gave the company an “outperform” rating in a research report on Tuesday, May 19th. Piper Sandler increased their price objective on Zoom Communications from $91.00 to $107.00 and gave the stock a “neutral” rating in a report on Friday, May 22nd. Wall Street Zen lowered Zoom Communications from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. Finally, Royal Bank Of Canada reissued an “outperform” rating and set a $130.00 target price on shares of Zoom Communications in a research note on Tuesday. Fifteen equities research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $109.33.

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.