Wealth Enhancement Advisory Services LLC Buys 273,058 Shares of Zoom Communications, Inc. $ZM

Wealth Enhancement Advisory Services LLC raised its position in shares of Zoom Communications, Inc. (NASDAQ:ZM) by 513.6% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 326,226 shares of the company’s stock after purchasing an additional 273,058 shares during the period. Wealth Enhancement Advisory Services LLC owned 0.11% of Zoom Communications worth $25,932,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also bought and sold shares of ZM. Elevation Point Wealth Partners LLC bought a new position in shares of Zoom Communications during the 2nd quarter worth $27,000. REAP Financial Group LLC lifted its holdings in Zoom Communications by 181.7% during the second quarter. REAP Financial Group LLC now owns 355 shares of the company’s stock valued at $28,000 after purchasing an additional 229 shares during the last quarter. FNY Investment Advisers LLC purchased a new stake in Zoom Communications during the second quarter valued at about $31,000. Quent Capital LLC bought a new position in Zoom Communications during the third quarter worth about $34,000. Finally, SJS Investment Consulting Inc. increased its stake in shares of Zoom Communications by 2,957.9% in the third quarter. SJS Investment Consulting Inc. now owns 581 shares of the company’s stock worth $48,000 after purchasing an additional 562 shares in the last quarter. 66.54% of the stock is owned by hedge funds and other institutional investors.

Insider Activity

In related news, CFO Michelle Chang sold 8,417 shares of the firm’s stock in a transaction that occurred on Monday, January 12th. The stock was sold at an average price of $86.54, for a total transaction of $728,407.18. Following the transaction, the chief financial officer directly owned 25,482 shares in the company, valued at $2,205,212.28. This trade represents a 24.83% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Velchamy Sankarlingam sold 7,568 shares of Zoom Communications stock in a transaction that occurred on Monday, January 12th. The stock was sold at an average price of $86.55, for a total value of $655,010.40. Following the completion of the transaction, the insider directly owned 136,182 shares in the company, valued at $11,786,552.10. This trade represents a 5.26% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 317,745 shares of company stock valued at $27,002,595. Company insiders own 11.51% of the company’s stock.

Zoom Communications Price Performance

Shares of NASDAQ ZM opened at $81.18 on Thursday. The stock has a market capitalization of $24.04 billion, a P/E ratio of 15.79, a PEG ratio of 7.31 and a beta of 0.87. Zoom Communications, Inc. has a one year low of $64.41 and a one year high of $91.43. The firm’s 50 day simple moving average is $85.23 and its two-hundred day simple moving average is $81.52.

Zoom Communications (NASDAQ:ZM) last announced its quarterly earnings data 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. The company had revenue of $1.23 billion during the quarter, compared to analysts’ expectations of $1.21 billion. Zoom Communications had a net margin of 33.17% and a return on equity of 12.20%. The firm’s revenue was up 4.4% on a year-over-year basis. During the same quarter in the prior year, the company earned $1.38 EPS. 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. As a group, equities analysts expect that Zoom Communications, Inc. will post 2.93 earnings per share for the current fiscal year.

Wall Street Analyst Weigh In

A number of analysts recently commented on the stock. Weiss Ratings restated a “buy (b-)” rating on shares of Zoom Communications in a research note on Monday, December 29th. Cantor Fitzgerald restated a “neutral” rating and set a $87.00 target price on shares of Zoom Communications in a research report on Tuesday, November 25th. Needham & Company LLC reaffirmed a “buy” rating and issued a $100.00 price target on shares of Zoom Communications in a report on Tuesday, November 25th. Sanford C. Bernstein reiterated a “market perform” rating and set a $90.00 price objective on shares of Zoom Communications in a research note on Tuesday, November 25th. Finally, Piper Sandler increased their price objective on Zoom Communications from $85.00 to $91.00 and gave the stock a “neutral” rating in a report on Monday, January 5th. One investment analyst has rated the stock with a Strong Buy rating, thirteen have given a Buy rating, twelve have given a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average target price 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.