Fideuram Intesa Sanpaolo Private Banking S.P.A. cut its holdings in Zoom Communications, Inc. (NASDAQ:ZM – Free Report) by 20.5% during the 1st quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 129,176 shares of the company’s stock after selling 33,300 shares during the quarter. Fideuram Intesa Sanpaolo Private Banking S.P.A.’s holdings in Zoom Communications were worth $10,384,000 as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently bought and sold shares of ZM. Vanguard Group Inc. raised its holdings in shares of Zoom Communications by 4.0% in the 4th quarter. Vanguard Group Inc. now owns 26,967,224 shares of the company’s stock worth $2,327,002,000 after purchasing an additional 1,029,623 shares in the last quarter. AQR Capital Management LLC increased its holdings in shares of Zoom Communications by 43.9% in the fourth quarter. AQR Capital Management LLC now owns 12,195,243 shares of the company’s stock valued at $1,052,328,000 after buying an additional 3,718,186 shares in the last quarter. State Street Corp lifted its position in shares of Zoom Communications by 5.0% during the 4th quarter. State Street Corp now owns 7,582,924 shares of the company’s stock valued at $654,331,000 after acquiring an additional 363,776 shares during the last quarter. Norges Bank acquired a new stake in shares of Zoom Communications during the 4th quarter valued at $509,788,000. Finally, Geode Capital Management LLC boosted its stake in shares of Zoom Communications by 3.1% during the 4th quarter. Geode Capital Management LLC now owns 5,139,583 shares of the company’s stock worth $445,254,000 after acquiring an additional 152,862 shares in the last quarter. 66.54% of the stock is owned by institutional investors and hedge funds.
Zoom Communications Trading Down 3.3%
Shares of Zoom Communications stock opened at $87.14 on Friday. The stock has a 50-day moving average price of $96.67 and a 200 day moving average price of $88.82. The company has a market cap of $25.55 billion, a P/E ratio of 12.80, a P/E/G ratio of 4.98 and a beta of 1.01. Zoom Communications, Inc. has a 1 year low of $69.15 and a 1 year high of $114.74.
Insider Activity at Zoom Communications
In other Zoom Communications news, Director Santiago Subotovsky sold 5,274 shares of the stock in a transaction that occurred on Monday, June 1st. The shares were sold at an average price of $109.78, for a total value of $578,979.72. Following the completion of the sale, the director owned 137,608 shares in the company, valued at $15,106,606.24. This represents a 3.69% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Velchamy Sankarlingam sold 7,645 shares of Zoom Communications stock in a transaction on Wednesday, April 15th. The shares were sold at an average price of $85.44, for a total transaction of $653,188.80. Following the sale, the insider directly owned 141,971 shares of the company’s stock, valued at $12,130,002.24. This trade represents a 5.11% decrease in their position. 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. In the last three months, insiders have sold 156,638 shares of company stock valued at $13,900,194. 8.83% of the stock is owned by company insiders.
Trending Headlines about Zoom Communications
Here are the key news stories impacting Zoom Communications this week:
- Positive Sentiment: Needham & Company reaffirmed its Buy rating on Zoom and raised its price target to $130, implying meaningful upside from current levels. Benzinga article
- Positive Sentiment: Zoom announced a definitive agreement to acquire Common Room, an AI-native GTM intelligence platform. The deal is aimed at strengthening Zoom’s AI revenue platform by combining buyer-intelligence data, enrichment, and AI agents, which could improve Zoom’s long-term growth story. GlobeNewswire article
- Positive Sentiment: Recent coverage has highlighted Zoom’s expanding AI and customer-experience initiatives, including new Virtual Agent tools and partner integrations, which support the thesis that Zoom is building a more durable platform around automation and regulated workflows. Yahoo Finance article
- Neutral Sentiment: Several articles discussed Zoom as a possible value stock, noting that the shares have fallen sharply over the past five years and may still trade below estimated intrinsic value. This is supportive for investors looking for discounted valuation, but it is not an immediate catalyst.
- Negative Sentiment: One market commentary included Zoom in a discussion of mid-cap stocks that investors should be cautious about, reflecting lingering skepticism around competition and execution risk. Yahoo Finance article
Analyst Upgrades and Downgrades
A number of equities research analysts have recently issued reports on the company. KeyCorp raised Zoom Communications from an “underweight” rating to a “sector weight” rating in a research report on Friday, May 22nd. Citigroup increased their price target on Zoom Communications from $122.00 to $126.00 and gave the company a “buy” rating in a research report on Tuesday, May 26th. Piper Sandler lifted their price target on Zoom Communications from $91.00 to $107.00 and gave the stock a “neutral” rating in a research note on Friday, May 22nd. Argus upgraded Zoom Communications to a “hold” rating in a report on Monday, March 9th. Finally, Jefferies Financial Group boosted their price objective on Zoom Communications from $105.00 to $118.00 and gave the stock a “buy” rating in a report on Friday, May 22nd. Fifteen analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the stock. According to data from MarketBeat, Zoom Communications has an average rating of “Moderate Buy” and an average price target of $109.33.
View Our Latest Stock Analysis on Zoom Communications
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.
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