Zoom Communications, Inc. $ZM Shares Purchased by L2 Asset Management LLC

Posted by Stanley Muller on Jun 16th, 2026

L2 Asset Management LLC raised its holdings in Zoom Communications, Inc. (NASDAQ:ZM – Free Report) by 14.7% during the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 75,732 shares of the company’s stock after purchasing an additional 9,698 shares during the quarter. L2 Asset Management LLC’s holdings in Zoom Communications were worth $6,535,000 as of its most recent filing with the SEC.

Other institutional investors also recently bought and sold shares of the company. Advocate Investing Services LLC acquired a new position in Zoom Communications in the fourth quarter valued at $26,000. Toth Financial Advisory Corp acquired a new position in Zoom Communications in the fourth quarter valued at $28,000. Sound Income Strategies LLC increased its stake in Zoom Communications by 94.8% in the fourth quarter. Sound Income Strategies LLC now owns 411 shares of the company’s stock valued at $33,000 after purchasing an additional 200 shares during the period. Towarzystwo Funduszy Inwestycyjnych PZU SA increased its stake in Zoom Communications by 83.3% in the fourth quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 440 shares of the company’s stock valued at $38,000 after purchasing an additional 200 shares during the period. Finally, Activest Wealth Management increased its stake in Zoom Communications by 4,318.2% in the fourth quarter. Activest Wealth Management now owns 486 shares of the company’s stock valued at $42,000 after purchasing an additional 475 shares during the period. 66.54% of the stock is currently owned by institutional investors and hedge funds.

Zoom Communications Stock Up 0.6%

Shares of Zoom Communications stock opened at $94.25 on Tuesday. Zoom Communications, Inc. has a 52-week low of $69.15 and a 52-week high of $114.74. The company’s 50-day simple moving average is $96.24 and its 200-day simple moving average is $88.82. The firm has a market cap of $27.64 billion, a price-to-earnings ratio of 13.84, a price-to-earnings-growth ratio of 5.20 and a beta of 1.01.

Zoom Communications (NASDAQ:ZM – Get Free Report) last issued its quarterly earnings results on Thursday, May 21st. The company reported $1.55 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $1.42 by $0.13. Zoom Communications had a net margin of 41.99% and a return on equity of 11.87%. The business had revenue of $1.24 billion for the quarter, compared to analyst estimates of $1.22 billion. During the same period in the previous year, the business posted $1.43 earnings per share. The business’s revenue 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. Equities research analysts anticipate that Zoom Communications, Inc. will post 4.06 EPS for the current year.

Insider Buying and Selling at Zoom Communications

In other news, CEO Eric S. Yuan sold 69,923 shares of the business’s stock in a transaction dated Monday, April 13th. The shares were sold at an average price of $81.22, for a total transaction of $5,679,146.06. Following the transaction, the chief executive officer directly owned 36,796 shares in the company, valued at $2,988,571.12. The trade was a 65.52% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, COO Aparna Bawa sold 12,886 shares of the business’s stock in a transaction dated Friday, April 17th. The stock was sold at an average price of $87.62, for a total transaction of $1,129,071.32. Following the transaction, the chief operating officer owned 1,978 shares in the company, valued at approximately $173,312.36. This trade represents a 86.69% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 156,638 shares of company stock valued at $13,900,194. Insiders own 8.83% of the company’s stock.

Analysts Set New Price Targets

A number of research analysts have commented on the stock. HSBC lifted their price objective on shares of Zoom Communications from $107.00 to $133.00 and gave the company a “buy” rating in a research note on Tuesday, June 2nd. Needham & Company LLC lifted their price objective on shares of Zoom Communications from $100.00 to $130.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. Benchmark lifted their price objective on shares of Zoom Communications from $115.00 to $121.00 and gave the company a “buy” rating in a research note on Thursday, May 21st. Citigroup lifted their price objective on shares of Zoom Communications from $122.00 to $126.00 and gave the company a “buy” rating in a research note on Tuesday, May 26th. Finally, Rosenblatt Securities lifted their price objective on shares of Zoom Communications from $115.00 to $130.00 and gave the company a “buy” rating in a research note on Friday, May 22nd. Fifteen investment analysts have rated the stock with a Buy rating and twelve have assigned a Hold rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average price target of $109.33.

Get Our Latest Report on ZM

Zoom Communications Profile

(Free Report)

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.