Zoom Communications, Inc. $ZM Stock Acquired by Retirement Systems of Alabama

Posted by Geri Gentry on Nov 11th, 2026

Retirement Systems of Alabama raised its position in shares of Zoom Communications, Inc. (NASDAQ:ZM – Free Report) by 11.2% in the 3rd quarter, Holdings Channel reports. The firm owned 548,536 shares of the company’s stock after acquiring an additional 55,234 shares during the period. Retirement Systems of Alabama’s holdings in Zoom Communications were worth $49,791,000 at the end of the most recent reporting period.

Other institutional investors have also added to or reduced their stakes in the company. Fulcrum Asset Management LLP boosted its holdings in shares of Zoom Communications by 161.8% in the 3rd quarter. Fulcrum Asset Management LLP now owns 7,855 shares of the company’s stock valued at $694,000 after purchasing an additional 4,855 shares in the last quarter. Allspring Global Investments Holdings LLC increased its stake in shares of Zoom Communications by 4.8% in the 3rd quarter. Allspring Global Investments Holdings LLC now owns 95,123 shares of the company’s stock valued at $8,923,000 after purchasing an additional 4,373 shares during the last quarter. Hohimer Wealth Management LLC bought a new position in shares of Zoom Communications in the 3rd quarter valued at $4,473,000. Formidable Asset Management LLC bought a new position in shares of Zoom Communications in the 3rd quarter valued at $200,000. Finally, Parallel Advisors LLC raised its holdings in shares of Zoom Communications by 9.5% during the 3rd quarter. Parallel Advisors LLC now owns 2,596 shares of the company’s stock worth $236,000 after buying an additional 226 shares in the last quarter. 66.54% of the stock is currently owned by institutional investors and hedge funds.

Key Zoom Communications News

Here are the key news stories impacting Zoom Communications this week:

Positive Sentiment: Zoom launched AI Launchpad, offering eligible startups up to $150,000 in credits for its speech, language and voice AI services, with no equity stake required. The program may encourage developers to build on Zoom’s AI tools, though any revenue benefit is uncertain and likely not immediate. Zoom AI Launchpad announcement
Neutral Sentiment: A report described a significant increase in short interest but gave the total as zero shares and the short-interest ratio as zero days. Those figures indicate no reported short position, making the headline’s characterization inconsistent and providing no clear trading signal.
Negative Sentiment: Director Santiago Subotovsky sold 2,637 shares for about $236,000. The sale reduced his holdings by 2.26%, but it was made under a pre-arranged Rule 10b5-1 plan, which makes it a less direct signal about his view of Zoom’s prospects. Director stock sale report

Insider Buying and Selling

In other news, Director Herbert Mcmaster sold 1,500 shares of the company’s stock in a transaction on Wednesday, October 21st. The shares were sold at an average price of $101.25, for a total value of $151,875.00. Following the sale, the director directly owned 6,979 shares of the company’s stock, valued at approximately $706,623.75. This represents a 17.69% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Michelle Chang sold 10,156 shares of the stock in a transaction on Wednesday, October 21st. The stock was sold at an average price of $101.93, for a total transaction of $1,035,201.08. Following the sale, the chief financial officer owned 30,282 shares of the company’s stock, valued at approximately $3,086,644.26. This trade represents a 25.11% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last 90 days, insiders sold 83,582 shares of company stock worth $8,054,735. Corporate insiders own 8.83% of the company’s stock.

Zoom Communications Stock Performance

Shares of NASDAQ:ZM opened at $90.91 on Wednesday. The firm’s fifty day moving average is $94.25 and its 200-day moving average is $92.21. Zoom Communications, Inc. has a 52 week low of $70.70 and a 52 week high of $114.74. The firm has a market cap of $26.53 billion, a PE ratio of 25.26, a price-to-earnings-growth ratio of 4.17 and a beta of 1.02.

Zoom Communications (NASDAQ:ZM – Get Free Report) last issued its quarterly earnings results on Tuesday, August 25th. The company reported $1.55 earnings per share for the quarter, beating the consensus estimate of $1.48 by $0.07. Zoom Communications had a return on equity of 10.86% and a net margin of 65.19%. The company had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.27 billion. During the same quarter in the prior year, the firm posted $1.53 earnings per share. The business’s quarterly 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. Sell-side analysts forecast that Zoom Communications, Inc. will post 4.16 EPS for the current year.

Wall Street Analyst Weigh In

Several analysts recently weighed in on the company. Royal Bank Of Canada restated an “outperform” rating and set a $130.00 price objective on shares of Zoom Communications in a research report on Wednesday, October 21st. Needham & Company LLC reaffirmed a “buy” rating and issued a $130.00 price objective on shares of Zoom Communications in a research note on Thursday, October 22nd. Sanford C. Bernstein reiterated a “market perform” rating and issued a $108.00 target price on shares of Zoom Communications in a research report on Wednesday, August 26th. Citizens Jmp reissued a “market perform” rating on shares of Zoom Communications in a research note on Wednesday, August 26th. Finally, Weiss Ratings raised Zoom Communications from a “buy (b-)” rating to a “buy (b)” rating in a research note on Thursday, October 8th. Sixteen equities research analysts have rated the stock with a Buy rating and eleven have assigned a Hold rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of $114.48.

Check Out Our Latest Stock Analysis on ZM

Zoom Communications Company Profile

(Free Report)

Zoom Communications provides cloud-based collaboration and communications software for businesses, organizations and individual users. Its products include Zoom Meetings for video conferencing, Zoom Team Chat, Zoom Phone, Zoom Rooms and tools for webinars and online events. The company also offers Zoom Contact Center and other services designed to support customer interactions and workplace collaboration. Founded in 2011 by Eric Yuan, Zoom became widely known for its video-conferencing service. The company, formerly known as Zoom Video Communications, adopted the name Zoom Communications in 2024 as it expanded its offerings beyond video meetings.