TABR Capital Management LLC Invests $3.87 Million in Zoom Communications, Inc. $ZM

TABR Capital Management LLC bought a new position in shares of Zoom Communications, Inc. (NASDAQ:ZM) in the 4th quarter, Holdings Channel.com reports. The institutional investor bought 44,895 shares of the company’s stock, valued at approximately $3,874,000.

Several other institutional investors have also bought and sold shares of ZM. Toth Financial Advisory Corp bought a new stake in Zoom Communications in the fourth quarter valued at $28,000. Root Financial Partners LLC bought a new position in shares of Zoom Communications during the third quarter valued at $33,000. Sound Income Strategies LLC boosted its stake in shares of Zoom Communications by 94.8% in the 4th quarter. Sound Income Strategies LLC now owns 411 shares of the company’s stock valued at $33,000 after purchasing an additional 200 shares in the last quarter. Quent Capital LLC acquired a new stake in shares of Zoom Communications in the 3rd quarter valued at $34,000. Finally, Cloud Capital Management LLC bought a new stake in shares of Zoom Communications in the 3rd quarter worth about $42,000. Institutional investors and hedge funds own 66.54% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts recently issued reports on ZM shares. Wall Street Zen cut shares of Zoom Communications from a “buy” rating to a “hold” rating in a research report on Saturday, March 7th. Rosenblatt Securities reaffirmed a “buy” rating and set a $115.00 price objective on shares of Zoom Communications in a research note on Thursday, February 26th. BTIG Research dropped their price objective on shares of Zoom Communications from $105.00 to $100.00 and set a “buy” rating for the company in a report on Thursday, February 26th. Wolfe Research upgraded shares of Zoom Communications from a “peer perform” rating to an “outperform” rating and set a $115.00 target price for the company in a research note on Thursday, February 5th. Finally, Needham & Company LLC reissued a “buy” rating and issued a $100.00 target price on shares of Zoom Communications in a report on Friday, March 13th. Fourteen equities research analysts have rated the stock with a Buy rating, thirteen have given a Hold rating and one has given a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Hold” and an average target price of $95.32.

Insiders Place Their Bets

In related news, Director Santiago Subotovsky sold 2,388 shares of the business’s stock in a transaction that occurred on Thursday, April 16th. The shares were sold at an average price of $87.32, for a total value of $208,520.16. Following the completion of the transaction, the director owned 152,192 shares in the company, valued at $13,289,405.44. The trade was a 1.54% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Michelle Chang sold 8,489 shares of the company’s stock in a transaction on Friday, April 10th. The stock was sold at an average price of $81.32, for a total value of $690,325.48. Following the transaction, the chief financial officer directly owned 30,467 shares in the company, valued at approximately $2,477,576.44. This represents a 21.79% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders have sold a total of 138,887 shares of company stock valued at $11,590,330 over the last quarter. Company insiders own 10.78% of the company’s stock.

Zoom Communications Stock Up 0.4%

Shares of NASDAQ ZM opened at $90.96 on Wednesday. The firm’s 50-day simple moving average is $81.89 and its 200 day simple moving average is $84.17. The company has a market cap of $26.80 billion, a price-to-earnings ratio of 14.67, a price-to-earnings-growth ratio of 5.18 and a beta of 0.88. Zoom Communications, Inc. has a 12-month low of $69.15 and a 12-month high of $97.58.

Zoom Communications (NASDAQ:ZM) last posted its quarterly earnings data on Wednesday, February 25th. The company reported $1.44 earnings per share for the quarter, missing the consensus estimate of $1.48 by ($0.04). Zoom Communications had a net margin of 39.03% and a return on equity of 11.88%. The company had revenue of $1.25 billion during the quarter, compared to analyst estimates of $1.23 billion. During the same quarter in the previous year, the business posted $1.41 EPS. The company’s revenue was up 5.3% compared to the same quarter last year. Zoom Communications has set its FY 2027 guidance at 5.770-5.810 EPS and its Q1 2027 guidance at 1.400-1.420 EPS. On average, equities analysts expect that Zoom Communications, Inc. will post 3.94 earnings per share for the current year.

About Zoom Communications

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.