Coppell Advisory Solutions LLC Makes New $1.89 Million Investment in Zoom Communications, Inc. $ZM

Coppell Advisory Solutions LLC bought a new stake in Zoom Communications, Inc. (NASDAQ:ZM) in the 2nd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 21,922 shares of the company’s stock, valued at approximately $1,892,000.

A number of other hedge funds have also recently made changes to their positions in ZM. Advocate Investing Services LLC acquired a new position in shares of Zoom Communications in the fourth quarter valued at approximately $26,000. Strive Financial Group LLC acquired a new stake in Zoom Communications during the 4th quarter worth approximately $27,000. Thurston Springer Miller Herd & Titak Inc. boosted its position in Zoom Communications by 133.3% during the 2nd quarter. Thurston Springer Miller Herd & Titak Inc. now owns 350 shares of the company’s stock worth $30,000 after buying an additional 200 shares during the period. Rexford Capital Inc. grew its holdings in Zoom Communications by 45.7% during the 1st quarter. Rexford Capital Inc. now owns 389 shares of the company’s stock worth $31,000 after acquiring an additional 122 shares during the last quarter. Finally, Towarzystwo Funduszy Inwestycyjnych PZU SA grew its holdings in Zoom Communications by 83.3% during the 4th quarter. Towarzystwo Funduszy Inwestycyjnych PZU SA now owns 440 shares of the company’s stock worth $38,000 after acquiring an additional 200 shares during the last quarter. 66.54% of the stock is owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several equities analysts have issued reports on ZM shares. Wells Fargo & Company upped their price target on shares of Zoom Communications from $90.00 to $105.00 and gave the company an “equal weight” rating in a research report on Friday, May 22nd. Jefferies Financial Group cut their price target on shares of Zoom Communications from $118.00 to $116.00 and set a “buy” rating on the stock in a report on Wednesday, August 26th. Royal Bank Of Canada reissued an “outperform” rating and issued a $130.00 price objective on shares of Zoom Communications in a research note on Wednesday, August 26th. Needham & Company LLC restated a “buy” rating and issued a $130.00 price objective on shares of Zoom Communications in a report on Wednesday, August 26th. Finally, Citigroup raised their target price on Zoom Communications from $122.00 to $126.00 and gave the stock a “buy” rating in a research report on Tuesday, May 26th. Sixteen equities research analysts have rated the stock with a Buy rating and twelve have issued a Hold rating to the company’s stock. According to data from MarketBeat, Zoom Communications has an average rating of “Moderate Buy” and a consensus target price of $112.55.

Insiders Place Their Bets

In other Zoom Communications news, insider Velchamy Sankarlingam sold 7,644 shares of Zoom Communications stock in a transaction that occurred on Wednesday, July 15th. The stock was sold at an average price of $91.98, for a total value of $703,095.12. Following the completion of the sale, the insider directly owned 148,403 shares in the company, valued at approximately $13,650,107.94. The trade was a 4.90% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CEO Eric S. Yuan sold 12,100 shares of the business’s stock in a transaction that occurred on Wednesday, August 5th. The shares were sold at an average price of $100.17, for a total value of $1,212,057.00. Following the completion of the transaction, the chief executive officer directly owned 22,998 shares in the company, valued at approximately $2,303,709.66. This trade represents a 34.47% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 38,781 shares of company stock worth $3,725,300. Company insiders own 8.83% of the company’s stock.

Zoom Communications Stock Up 1.0%

ZM stock opened at $95.86 on Thursday. The firm has a market cap of $28.11 billion, a price-to-earnings ratio of 8.88, a PEG ratio of 4.39 and a beta of 1.04. The company’s fifty day simple moving average is $95.28 and its 200 day simple moving average is $91.47. Zoom Communications, Inc. has a 12-month low of $70.70 and a 12-month high of $114.74.

Zoom Communications (NASDAQ:ZM) last posted its quarterly earnings data on Tuesday, August 25th. The company reported $1.55 earnings per share for the quarter, topping the consensus estimate of $1.48 by $0.07. The firm had revenue of $1.28 billion during the quarter, compared to analyst estimates of $1.27 billion. Zoom Communications had a return on equity of 10.86% and a net margin of 65.19%.The business’s quarterly revenue was up 4.9% on a year-over-year basis. During the same period last year, the company posted $1.53 EPS. 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. Research analysts expect that Zoom Communications, Inc. will post 4.26 earnings per share for the current year.

Zoom Communications 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.