Empowered Funds LLC Has $10.12 Million Stock Holdings in Zoom Communications, Inc. $ZM

Empowered Funds LLC boosted its stake in Zoom Communications, Inc. (NASDAQ:ZM) by 3.2% in the 2nd quarter, Holdings Channel.com reports. The firm owned 129,762 shares of the company’s stock after acquiring an additional 3,973 shares during the quarter. Empowered Funds LLC’s holdings in Zoom Communications were worth $10,119,000 at the end of the most recent reporting period.

A number of other hedge funds and other institutional investors have also recently modified their holdings of ZM. SouthState Corp acquired a new position in shares of Zoom Communications during the first quarter worth $25,000. REAP Financial Group LLC increased its holdings in Zoom Communications by 181.7% in the 2nd quarter. REAP Financial Group LLC now owns 355 shares of the company’s stock worth $28,000 after purchasing an additional 229 shares in the last quarter. FNY Investment Advisers LLC bought a new position in Zoom Communications in the second quarter valued at about $31,000. GKV Capital Management Co. Inc. bought a new position in Zoom Communications in the first quarter valued at about $31,000. Finally, Brooklyn Investment Group boosted its stake in shares of Zoom Communications by 277.8% during the first quarter. Brooklyn Investment Group now owns 442 shares of the company’s stock valued at $33,000 after purchasing an additional 325 shares in the last quarter. Institutional investors own 66.54% of the company’s stock.

Zoom Communications Stock Down 0.7%

ZM opened at $81.31 on Wednesday. Zoom Communications, Inc. has a twelve month low of $64.41 and a twelve month high of $92.80. The company has a fifty day moving average of $83.00 and a 200-day moving average of $79.65. The stock has a market cap of $24.60 billion, a PE ratio of 21.45, a price-to-earnings-growth ratio of 11.17 and a beta of 0.79.

Zoom Communications (NASDAQ:ZM) last issued its quarterly earnings results on Thursday, August 21st. The company reported $0.99 EPS for the quarter, missing analysts’ consensus estimates of $1.38 by ($0.39). Zoom Communications had a net margin of 24.99% and a return on equity of 11.91%. The firm had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same period last year, the company posted $1.39 EPS. The business’s revenue 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. Sell-side analysts anticipate that Zoom Communications, Inc. will post 2.93 EPS for the current fiscal year.

Wall Street Analyst Weigh In

Several research analysts have recently issued reports on the company. Wall Street Zen downgraded Zoom Communications from a “strong-buy” rating to a “buy” rating in a research note on Saturday. Dbs Bank upgraded shares of Zoom Communications to a “moderate buy” rating in a research report on Tuesday, September 16th. Cantor Fitzgerald reaffirmed a “neutral” rating and set a $87.00 price target on shares of Zoom Communications in a research note on Thursday, September 18th. William Blair reissued an “outperform” rating on shares of Zoom Communications in a research note on Tuesday, September 30th. Finally, JMP Securities restated a “market perform” rating on shares of Zoom Communications in a report on Thursday, September 18th. One analyst has rated the stock with a Strong Buy rating, eleven have given a Buy rating, sixteen have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $92.35.

Insider Activity at Zoom Communications

In related news, insider Velchamy Sankarlingam sold 7,660 shares of the firm’s stock in a transaction that occurred on Friday, October 10th. The stock was sold at an average price of $82.00, for a total transaction of $628,120.00. Following the completion of the sale, the insider owned 132,795 shares of the company’s stock, valued at $10,889,190. This trade represents a 5.45% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. Also, Director Santiago Subotovsky sold 2,475 shares of the business’s stock in a transaction that occurred on Tuesday, November 4th. The shares were sold at an average price of $84.15, for a total value of $208,271.25. Following the completion of the transaction, the director directly owned 150,169 shares in the company, valued at approximately $12,636,721.35. This trade represents a 1.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 321,470 shares of company stock worth $26,684,150 over the last quarter. 10.78% of the stock is owned by company insiders.

Zoom Communications Company 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.