Peak Retirement Planning Inc. Increases Stake in Zoom Communications, Inc. $ZM

Peak Retirement Planning Inc. lifted its stake in Zoom Communications, Inc. (NASDAQ:ZM) by 44.7% during the 3rd quarter, according to its most recent disclosure with the SEC. The institutional investor owned 26,297 shares of the company’s stock after buying an additional 8,129 shares during the quarter. Peak Retirement Planning Inc.’s holdings in Zoom Communications were worth $2,170,000 at the end of the most recent reporting period.

Several other institutional investors also recently bought and sold shares of the stock. Elevation Point Wealth Partners LLC bought a new position in shares of Zoom Communications during the 2nd quarter valued at about $27,000. REAP Financial Group LLC increased its holdings in shares of Zoom Communications by 181.7% in the second quarter. REAP Financial Group LLC now owns 355 shares of the company’s stock worth $28,000 after purchasing an additional 229 shares during the last quarter. FNY Investment Advisers LLC purchased a new stake in shares of Zoom Communications in the second quarter worth about $31,000. Root Financial Partners LLC bought a new position in Zoom Communications during the third quarter valued at approximately $33,000. Finally, Quent Capital LLC purchased a new position in Zoom Communications during the 3rd quarter valued at approximately $34,000. 66.54% of the stock is owned by hedge funds and other institutional investors.

Zoom Communications Stock Performance

Shares of NASDAQ ZM opened at $92.86 on Tuesday. The business’s 50 day moving average price is $86.95 and its 200-day moving average price is $82.48. Zoom Communications, Inc. has a fifty-two week low of $64.41 and a fifty-two week high of $97.58. The company has a market cap of $27.50 billion, a price-to-earnings ratio of 18.07, a PEG ratio of 8.27 and a beta of 0.90.

Zoom Communications (NASDAQ:ZM) last issued its earnings results on Monday, November 24th. The company reported $1.52 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.44 by $0.08. Zoom Communications had a net margin of 33.17% and a return on equity of 12.20%. The firm had revenue of $1.23 billion during the quarter, compared to analyst estimates of $1.21 billion. During the same period in the previous year, the firm earned $1.38 earnings per share. The business’s revenue was up 4.4% on a year-over-year basis. Zoom Communications has set its FY 2026 guidance at 5.950-5.970 EPS and its Q4 2026 guidance at 1.480-1.490 EPS. Sell-side analysts predict that Zoom Communications, Inc. will post 2.93 earnings per share for the current year.

Insider Buying and Selling

In other Zoom Communications news, CEO Eric S. Yuan sold 73,378 shares of the firm’s stock in a transaction on Monday, November 17th. The stock was sold at an average price of $82.73, for a total transaction of $6,070,561.94. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, insider Velchamy Sankarlingam sold 7,568 shares of the firm’s stock in a transaction on Monday, January 12th. The shares were sold at an average price of $86.55, for a total value of $655,010.40. Following the transaction, the insider owned 136,182 shares in the company, valued at approximately $11,786,552.10. This represents a 5.26% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 241,892 shares of company stock valued at $20,472,809 over the last 90 days. 10.78% of the stock is owned by insiders.

Wall Street Analyst Weigh In

ZM has been the topic of a number of research reports. Jefferies Financial Group lifted their price objective on Zoom Communications from $100.00 to $105.00 and gave the stock a “buy” rating in a research note on Tuesday, November 25th. Royal Bank Of Canada restated an “outperform” rating and issued a $100.00 price target on shares of Zoom Communications in a research report on Tuesday, November 25th. Weiss Ratings reiterated a “buy (b-)” rating on shares of Zoom Communications in a research report on Monday, December 29th. Needham & Company LLC restated a “buy” rating and issued a $100.00 target price on shares of Zoom Communications in a report on Tuesday, November 25th. Finally, Piper Sandler upped their target price on shares of Zoom Communications from $85.00 to $91.00 and gave the company a “neutral” rating in a research report on Monday, January 5th. One analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, twelve have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Zoom Communications presently has an average rating of “Moderate Buy” and an average price target of $93.82.

Zoom Communications Company Profile

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.