TD Waterhouse Canada Inc. Has $3.61 Million Stake in Zoom Communications, Inc. $ZM

Posted by George Bondi on Sep 8th, 2026

TD Waterhouse Canada Inc. raised its stake in Zoom Communications, Inc. (NASDAQ:ZM – Free Report) by 12,224.3% in the 2nd quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 40,054 shares of the company’s stock after purchasing an additional 39,729 shares during the quarter. TD Waterhouse Canada Inc.’s holdings in Zoom Communications were worth $3,614,000 as of its most recent filing with the Securities & Exchange Commission.

Several other institutional investors and hedge funds have also recently modified their holdings of the stock. NewEdge Advisors LLC grew its holdings in Zoom Communications by 16.8% during the first quarter. NewEdge Advisors LLC now owns 8,009 shares of the company’s stock worth $591,000 after buying an additional 1,153 shares in the last quarter. Intech Investment Management LLC lifted its stake in Zoom Communications by 59.1% during the 1st quarter. Intech Investment Management LLC now owns 16,785 shares of the company’s stock valued at $1,238,000 after acquiring an additional 6,235 shares in the last quarter. Geneos Wealth Management Inc. lifted its stake in Zoom Communications by 82.0% during the 1st quarter. Geneos Wealth Management Inc. now owns 881 shares of the company’s stock valued at $65,000 after acquiring an additional 397 shares in the last quarter. Sivia Capital Partners LLC purchased a new position in Zoom Communications during the 2nd quarter worth $217,000. Finally, Invesco Ltd. boosted its holdings in Zoom Communications by 7.0% during the 2nd quarter. Invesco Ltd. now owns 730,207 shares of the company’s stock worth $56,942,000 after acquiring an additional 47,749 shares during the last quarter. 66.54% of the stock is owned by hedge funds and other institutional investors.

Zoom Communications Stock Performance

Shares of ZM opened at $101.33 on Tuesday. Zoom Communications, Inc. has a 52-week low of $70.70 and a 52-week high of $114.74. The stock’s 50-day simple moving average is $96.18 and its 200 day simple moving average is $91.66. The stock has a market capitalization of $29.57 billion, a price-to-earnings ratio of 9.38, a price-to-earnings-growth ratio of 4.69 and a beta of 1.04.

Zoom Communications (NASDAQ:ZM – Get Free Report) last posted its 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 business had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.27 billion. During the same quarter in the previous year, the firm earned $1.53 EPS. The company’s quarterly revenue was up 4.9% compared to the same quarter last year. 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, research analysts forecast that Zoom Communications, Inc. will post 4.26 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several analysts have recently issued reports on ZM shares. Citizens Jmp reiterated a “market perform” rating on shares of Zoom Communications in a research note on Wednesday, August 26th. Sanford C. Bernstein restated a “market perform” rating and set a $108.00 price target on shares of Zoom Communications in a report on Wednesday, August 26th. Robert W. Baird upped their price objective on shares of Zoom Communications from $95.00 to $105.00 and gave the stock an “outperform” rating in a research report on Tuesday, May 19th. Jefferies Financial Group decreased their price objective on shares of Zoom Communications from $118.00 to $116.00 and set a “buy” rating for the company in a research note on Wednesday, August 26th. Finally, Needham & Company LLC reissued a “buy” rating and set a $130.00 target price on shares of Zoom Communications in a research report on Wednesday, August 26th. Sixteen research analysts have rated the stock with a Buy rating and twelve have given a Hold rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $112.55.

Read Our Latest Stock Report on Zoom Communications

Insider Activity

In other Zoom Communications news, CEO Eric Yuan sold 12,100 shares of the firm’s stock in a transaction on Tuesday, September 1st. The shares were sold at an average price of $95.34, for a total value of $1,153,614.00. Following the completion of the transaction, the chief executive officer directly owned 22,998 shares of the company’s stock, valued at $2,192,629.32. This trade represents a 34.47% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Michelle Chang sold 8,489 shares of the business’s stock in a transaction on Friday, July 10th. The shares were sold at an average price of $90.80, for a total transaction of $770,801.20. Following the transaction, the chief financial officer owned 35,452 shares of the company’s stock, valued at $3,219,041.60. This trade represents a 19.32% 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. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders have sold 50,881 shares of company stock valued at $4,878,914. 8.83% of the stock is owned by company insiders.

About Zoom Communications

(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.