Blair William & Co. IL Has $7.83 Million Stake in Zoom Communications, Inc. $ZM

Blair William & Co. IL decreased its holdings in shares of Zoom Communications, Inc. (NASDAQ:ZM) by 1.7% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 100,430 shares of the company’s stock after selling 1,785 shares during the quarter. Blair William & Co. IL’s holdings in Zoom Communications were worth $7,832,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Principal Financial Group Inc. lifted its stake in Zoom Communications by 18.5% in the first quarter. Principal Financial Group Inc. now owns 175,918 shares of the company’s stock valued at $12,977,000 after acquiring an additional 27,430 shares during the last quarter. Cambridge Investment Research Advisors Inc. lifted its stake in Zoom Communications by 15.5% in the first quarter. Cambridge Investment Research Advisors Inc. now owns 11,928 shares of the company’s stock valued at $880,000 after acquiring an additional 1,601 shares during the last quarter. Yousif Capital Management LLC lifted its stake in Zoom Communications by 31.9% in the first quarter. Yousif Capital Management LLC now owns 4,453 shares of the company’s stock valued at $328,000 after acquiring an additional 1,076 shares during the last quarter. Spire Wealth Management lifted its stake in Zoom Communications by 990.6% in the first quarter. Spire Wealth Management now owns 1,396 shares of the company’s stock valued at $103,000 after acquiring an additional 1,268 shares during the last quarter. Finally, Circle Wealth Management LLC lifted its stake in Zoom Communications by 201.6% in the first quarter. Circle Wealth Management LLC now owns 20,391 shares of the company’s stock valued at $1,504,000 after acquiring an additional 13,629 shares during the last quarter. Institutional investors and hedge funds own 66.54% of the company’s stock.

Zoom Communications Stock Performance

NASDAQ:ZM opened at $80.28 on Friday. Zoom Communications, Inc. has a 52 week low of $64.41 and a 52 week high of $92.80. The firm has a market cap of $24.29 billion, a price-to-earnings ratio of 21.18, a P/E/G ratio of 10.98 and a beta of 0.78. The firm’s 50-day simple moving average is $79.79 and its 200 day simple moving average is $77.67.

Zoom Communications (NASDAQ:ZM) last released 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 return on equity of 11.91% and a net margin of 24.99%.The business had revenue of $1.22 billion for the quarter, compared to the consensus estimate of $1.20 billion. During the same period in the prior year, the business posted $1.39 earnings per share. Zoom Communications’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 year.

Insider Buying and Selling at Zoom Communications

In related news, CEO Eric S. Yuan sold 33,691 shares of the firm’s stock in a transaction dated Monday, July 14th. The shares were sold at an average price of $74.79, for a total transaction of $2,519,749.89. The transaction was disclosed in a document filed with the SEC, which is available through this link. Also, COO Aparna Bawa sold 10,528 shares of the firm’s stock in a transaction dated Monday, July 14th. The shares were sold at an average price of $74.78, for a total transaction of $787,283.84. Following the completion of the transaction, the chief operating officer directly owned 1,978 shares in the company, valued at approximately $147,914.84. This represents a 84.18% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 82,739 shares of company stock valued at $6,286,322 in the last quarter. Company insiders own 11.51% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have commented on the stock. Dbs Bank upgraded shares of Zoom Communications to a “moderate buy” rating in a research note on Tuesday, September 16th. Mizuho increased their price target on shares of Zoom Communications from $95.00 to $100.00 and gave the company an “outperform” rating in a research note on Tuesday, August 26th. Piper Sandler restated a “neutral” rating and set a $85.00 target price on shares of Zoom Communications in a research note on Friday, August 22nd. Citigroup raised their target price on shares of Zoom Communications from $84.00 to $85.00 and gave the stock a “neutral” rating in a research note on Monday, August 25th. Finally, Benchmark raised their target price on shares of Zoom Communications from $102.00 to $110.00 and gave the stock a “buy” rating in a research note on Thursday, September 18th. Two investment analysts have rated the stock with a Strong Buy rating, eleven have issued a Buy rating, fifteen have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, Zoom Communications currently has a consensus rating of “Hold” and an average target price of $91.74.

About Zoom Communications

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.