Robeco Institutional Asset Management B.V. Acquires 269,031 Shares of Zoom Communications, Inc. $ZM

by · The Markets Daily

Robeco Institutional Asset Management B.V. grew its stake in shares of Zoom Communications, Inc. (NASDAQ:ZM – Free Report) by 12.6% during the third quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund owned 2,406,124 shares of the company’s stock after acquiring an additional 269,031 shares during the quarter. Robeco Institutional Asset Management B.V. owned about 0.80% of Zoom Communications worth $198,505,000 as of its most recent SEC filing.

Several other hedge funds have also recently made changes to their positions in the stock. Alliancebernstein L.P. lifted its position in Zoom Communications by 16.1% during the first quarter. Alliancebernstein L.P. now owns 435,971 shares of the company’s stock valued at $32,162,000 after purchasing an additional 60,319 shares during the period. Jacobs Levy Equity Management Inc. purchased a new stake in Zoom Communications during the 1st quarter valued at $1,868,000. NewEdge Advisors LLC lifted its holdings in shares of Zoom Communications by 16.8% during the 1st quarter. NewEdge Advisors LLC now owns 8,009 shares of the company’s stock valued at $591,000 after buying an additional 1,153 shares during the period. Nissay Asset Management Corp Japan ADV boosted its stake in shares of Zoom Communications by 5.9% in the 1st quarter. Nissay Asset Management Corp Japan ADV now owns 56,370 shares of the company’s stock worth $4,158,000 after buying an additional 3,124 shares during the last quarter. Finally, Teza Capital Management LLC purchased a new position in shares of Zoom Communications in the 1st quarter worth $341,000. 66.54% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

Several research analysts have issued reports on the company. Morgan Stanley raised their target price on Zoom Communications from $85.00 to $92.00 and gave the stock an “equal weight” rating in a research report on Tuesday, November 25th. Sanford C. Bernstein reissued a “market perform” rating and issued a $90.00 price objective on shares of Zoom Communications in a report on Tuesday, November 25th. Needham & Company LLC reaffirmed a “buy” rating and set a $100.00 target price on shares of Zoom Communications in a report on Tuesday, November 25th. Piper Sandler upped their price objective on Zoom Communications from $85.00 to $91.00 and gave the stock a “neutral” rating in a research note on Monday. Finally, JMP Securities reaffirmed a “market perform” rating on shares of Zoom Communications in a report on Thursday, September 18th. One investment analyst has rated the stock with a Strong Buy rating, twelve have assigned a Buy rating, thirteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Hold” and an average target price of $93.27.

Read Our Latest Report on Zoom Communications

Zoom Communications Trading Up 3.9%

Shares of ZM opened at $86.53 on Tuesday. The business’s 50 day moving average is $85.38 and its 200 day moving average is $81.05. Zoom Communications, Inc. has a 12-month low of $64.41 and a 12-month high of $91.43. The company has a market capitalization of $25.62 billion, a PE ratio of 16.83, a price-to-earnings-growth ratio of 7.48 and a beta of 0.87.

Zoom Communications (NASDAQ:ZM – Get Free Report) last posted its quarterly earnings results on Monday, November 24th. The company reported $1.52 earnings per share for the quarter, topping the consensus estimate of $1.44 by $0.08. Zoom Communications had a return on equity of 12.20% and a net margin of 33.17%.The business had revenue of $1.23 billion during the quarter, compared to the consensus estimate of $1.21 billion. During the same period in the prior year, the company posted $1.38 EPS. The firm’s revenue for the quarter was up 4.4% compared to the same quarter last year. 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. Equities research analysts predict that Zoom Communications, Inc. will post 2.93 earnings per share for the current year.

Insider Activity at Zoom Communications

In other Zoom Communications news, COO Aparna Bawa sold 10,528 shares of Zoom Communications stock in a transaction on Thursday, October 16th. The shares were sold at an average price of $79.77, for a total value of $839,818.56. Following the sale, the chief operating officer directly owned 1,978 shares in the company, valued at approximately $157,785.06. The trade was a 84.18% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Eric S. Yuan sold 73,383 shares of the business’s stock in a transaction on Wednesday, October 22nd. The stock was sold at an average price of $82.65, for a total transaction of $6,065,104.95. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders sold 460,276 shares of company stock valued at $38,530,509. Insiders own 11.51% of the company’s stock.

Zoom Communications Company Profile

(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.

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