Caliber Wealth Management LLC KS grew its position in Zoom Communications, Inc. (NASDAQ:ZM – Free Report) by 45.2% in the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 4,900 shares of the company’s stock after purchasing an additional 1,525 shares during the period. Caliber Wealth Management LLC KS’s holdings in Zoom Communications were worth $382,000 at the end of the most recent reporting period.
Other institutional investors and hedge funds also recently made changes to their positions in the company. Wayfinding Financial LLC bought a new position in Zoom Communications during the first quarter valued at about $25,000. SouthState Corp bought a new position in shares of Zoom Communications in the first quarter valued at approximately $25,000. REAP Financial Group LLC boosted its position in shares of Zoom Communications by 181.7% in the second quarter. REAP Financial Group LLC now owns 355 shares of the company’s stock valued at $28,000 after acquiring an additional 229 shares during the period. GKV Capital Management Co. Inc. bought a new position in shares of Zoom Communications in the first quarter valued at approximately $31,000. Finally, FNY Investment Advisers LLC bought a new position in shares of Zoom Communications in the second quarter valued at approximately $31,000. Hedge funds and other institutional investors own 66.54% of the company’s stock.
Insiders Place Their Bets
In other news, COO Aparna Bawa sold 10,528 shares of the business’s stock in a transaction on Thursday, October 16th. The shares were sold at an average price of $79.77, for a total transaction of $839,818.56. Following the sale, the chief operating officer owned 1,978 shares in the company, valued at approximately $157,785.06. The trade was a 84.18% decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, insider Velchamy Sankarlingam sold 7,660 shares of the business’s stock in a transaction on Friday, October 10th. The shares were sold at an average price of $82.00, for a total transaction of $628,120.00. Following the sale, the insider owned 132,795 shares in the company, valued at approximately $10,889,190. This trade represents a 5.45% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 98,856 shares of company stock valued at $8,009,892 over the last quarter. 11.51% of the stock is owned by company insiders.
Analyst Upgrades and Downgrades
Get Our Latest Stock Analysis on ZM
Zoom Communications Stock Down 1.9%
Shares of NASDAQ ZM opened at $82.01 on Thursday. The company has a market cap of $24.81 billion, a price-to-earnings ratio of 21.64, a PEG ratio of 11.41 and a beta of 0.78. The firm’s fifty day moving average is $81.25 and its 200 day moving average is $78.03. Zoom Communications, Inc. has a 52 week low of $64.41 and a 52 week high of $92.80.
Zoom Communications (NASDAQ:ZM – Get Free Report) last released its quarterly earnings results on Thursday, August 21st. The company reported $0.99 earnings per share for the quarter, missing the consensus estimate of $1.38 by ($0.39). The company had revenue of $1.22 billion during the quarter, compared to the consensus estimate of $1.20 billion. Zoom Communications had a net margin of 24.99% and a return on equity of 11.91%. The business’s revenue was up 4.7% on a year-over-year basis. During the same quarter last year, the firm earned $1.39 EPS. Zoom Communications has set its FY 2026 guidance at 5.810-5.840 EPS. Q3 2026 guidance at 1.420-1.44 EPS. Equities research analysts anticipate that Zoom Communications, Inc. will post 2.93 earnings per share for the current year.
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.
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