Zoom Communications, Inc. $ZM Position Reduced by North Dakota State Investment Board

Posted by Francis Steltz on Oct 31st, 2026

North Dakota State Investment Board decreased its holdings in shares of Zoom Communications, Inc. (NASDAQ:ZM – Free Report) by 31.2% in the third quarter, Holdings Channel reports. The firm owned 13,031 shares of the company’s stock after selling 5,912 shares during the quarter. North Dakota State Investment Board’s holdings in Zoom Communications were worth $1,183,000 at the end of the most recent reporting period.

Other institutional investors also recently added to or reduced their stakes in the company. Pacer Advisors Inc. grew its stake in shares of Zoom Communications by 10.8% in the 1st quarter. Pacer Advisors Inc. now owns 2,595,840 shares of the company’s stock valued at $208,680,000 after purchasing an additional 253,181 shares during the period. Dimensional Fund Advisors LP lifted its position in shares of Zoom Communications by 4.2% during the 1st quarter. Dimensional Fund Advisors LP now owns 2,352,126 shares of the company’s stock worth $189,051,000 after buying an additional 94,043 shares during the period. Bank of America Corp DE lifted its position in shares of Zoom Communications by 50.5% during the 1st quarter. Bank of America Corp DE now owns 1,767,728 shares of the company’s stock worth $142,108,000 after buying an additional 592,899 shares during the period. Bank of New York Mellon Corp boosted its stake in Zoom Communications by 44.5% in the 1st quarter. Bank of New York Mellon Corp now owns 1,411,745 shares of the company’s stock valued at $113,490,000 after buying an additional 434,981 shares in the last quarter. Finally, First Trust Advisors LP boosted its stake in Zoom Communications by 2.8% in the 1st quarter. First Trust Advisors LP now owns 1,362,501 shares of the company’s stock valued at $109,531,000 after buying an additional 36,657 shares in the last quarter. 66.54% of the stock is owned by institutional investors and hedge funds.

Zoom Communications Price Performance

Shares of ZM opened at $95.50 on Friday. The company has a market capitalization of $27.86 billion, a P/E ratio of 26.90, a PEG ratio of 4.36 and a beta of 1.03. Zoom Communications, Inc. has a one year low of $70.70 and a one year high of $114.74. The business’s 50 day simple moving average is $95.56 and its 200-day simple moving average is $91.90.

Zoom Communications (NASDAQ:ZM – Get Free Report) last released its quarterly earnings results on Tuesday, August 25th. The company reported $1.55 earnings per share for the quarter, beating analysts’ consensus estimates of $1.48 by $0.07. Zoom Communications had a return on equity of 10.86% and a net margin of 65.19%. The firm had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.27 billion. During the same period last year, the firm posted $1.53 EPS. The business’s revenue was up 4.9% on a year-over-year basis. Zoom Communications has set its FY 2027 guidance at 6.080-6.120 EPS and its Q3 2027 guidance at 1.460-1.480 EPS. On average, sell-side analysts anticipate that Zoom Communications, Inc. will post 4.24 EPS for the current fiscal year.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on ZM. Needham & Company LLC reiterated a “buy” rating and issued a $130.00 price target on shares of Zoom Communications in a research report on Thursday, October 22nd. KeyCorp reissued a “sector weight” rating on shares of Zoom Communications in a report on Wednesday, August 26th. Rosenblatt Securities restated a “buy” rating and issued a $130.00 target price on shares of Zoom Communications in a research note on Wednesday, October 21st. Citizens Jmp reaffirmed a “market perform” rating on shares of Zoom Communications in a report on Wednesday, August 26th. Finally, BTIG Research reaffirmed a “buy” rating and issued a $125.00 target price on shares of Zoom Communications in a report on Wednesday, October 21st. Sixteen analysts have rated the stock with a Buy rating and eleven have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average price target of $114.48.

Get Our Latest Report on ZM

Insider Activity at Zoom Communications

In other news, insider Velchamy Sankarlingam sold 7,645 shares of the stock in a transaction on Monday, October 12th. The stock was sold at an average price of $99.26, for a total transaction of $758,842.70. Following the sale, the insider owned 151,813 shares in the company, valued at approximately $15,068,958.38. This represents a 4.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. 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. Also, CEO Eric Yuan sold 12,100 shares of the firm’s stock in a transaction on Monday, October 5th. The shares were sold at an average price of $93.74, for a total value of $1,134,254.00. Following the completion of the sale, the chief executive officer owned 22,998 shares of the company’s stock, valued at approximately $2,155,832.52. This trade represents a 34.47% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last ninety days, insiders have sold 88,856 shares of company stock valued at $8,725,094. 8.83% of the stock is currently owned by company insiders.

Zoom Communications Company Profile

(Free Report)

Zoom Communications, Inc (NASDAQ: ZM) is a communications technology company that provides cloud-based collaboration and customer engagement solutions. Founded in 2011 and headquartered in San Jose, California, the company is best known for Zoom Meetings, its videoconferencing platform for online meetings, webinars and virtual events.

The company’s product portfolio also includes Zoom Phone, a cloud-based business phone service; Zoom Team Chat; Zoom Rooms for hybrid meeting spaces; Zoom Whiteboard; and Zoom Contact Center.