Russell Investments Group Ltd. lifted its place in shares of Zoom Video Communications, Inc. (NASDAQ:ZM – Get Ranking) by 2.7% within the 1st quarter, in response to its most up-to-date Kind 13F submitting with the Securities & Alternate Fee. The institutional investor owned 67,259 shares of the corporate’s inventory after buying a further 1,752 shares throughout the interval. Russell Investments Group Ltd.’s holdings in Zoom Video Communications have been value $7,891,00Zero as of its most up-to-date submitting with the Securities & Alternate Fee.

A number of different institutional traders and hedge funds additionally lately made modifications to their positions in ZM. HM Payson & Co. grew its place in Zoom Video Communications by 9.4% within the 4th quarter. HM Payson & Co. now owns 804 shares of the corporate’s inventory value $148,00Zero after buying a further 69 shares throughout the interval. Sigma Planning Corp grew its place in Zoom Video Communications by 1.7% within the 4th quarter. Sigma Planning Corp now owns 4,441 shares of the corporate’s inventory value $817,00Zero after buying a further 75 shares throughout the interval. Paragon Advisors LLC grew its place in Zoom Video Communications by 7.0% within the 4th quarter. Paragon Advisors LLC now owns 1,222 shares of the corporate’s inventory value $225,00Zero after buying a further 80 shares throughout the interval. ETF Managers Group LLC grew its place in Zoom Video Communications by 4.2% within the 4th quarter. ETF Managers Group LLC now owns 2,123 shares of the corporate’s inventory value $404,00Zero after buying a further 86 shares throughout the interval. Lastly, PrairieView Companions LLC grew its place in Zoom Video Communications by 49.8% within the 1st quarter. PrairieView Companions LLC now owns 301 shares of the corporate’s inventory value $35,00Zero after buying a further 100 shares throughout the interval. Institutional traders personal 55.94% of the corporate’s inventory.

Analysts Set New Value Targets

Numerous equities analysis analysts have commented on the inventory. Piper Sandler lifted their goal value on shares of Zoom Video Communications from $96.00 to $115.00 and gave the inventory a “impartial” score in a analysis report on Wednesday, July 13th. Sanford C. Bernstein started protection on shares of Zoom Video Communications in a analysis notice on Tuesday, July 19th. They set a “market carry out” score and a $122.00 value goal on the inventory. BTIG Analysis dropped their value goal on shares of Zoom Video Communications from $180.00 to $150.00 in a analysis notice on Friday, Might 13th. Barclays dropped their value goal on shares of Zoom Video Communications from $150.00 to $90.00 and set an “equal weight” score on the inventory in a analysis notice on Thursday, Might 19th. Lastly, Guggenheim dropped their value goal on shares of Zoom Video Communications to $130.00 in a analysis notice on Wednesday, Might 25th. Fourteen funding analysts have rated the inventory with a maintain score and fourteen have issued a purchase score to the inventory. In response to information from MarketBeat.com, the corporate presently has a consensus score of “Reasonable Purchase” and a mean goal value of $160.62.

Zoom Video Communications Inventory Up 0.9 %

Zoom Video Communications inventory opened at $113.85 on Monday. The corporate’s 50-day shifting common value is $109.90 and its 200-day shifting common value is $113.82. Zoom Video Communications, Inc. has a twelve month low of $79.03 and a twelve month excessive of $395.00. The corporate has a market cap of $33.97 billion, a PE ratio of 27.63, a price-to-earnings-growth ratio of 4.66 and a beta of -0.61.

Zoom Video Communications (NASDAQ:ZM – Get Ranking) final posted its earnings outcomes on Monday, Might 23rd. The corporate reported $0.47 earnings per share for the quarter, topping analysts’ consensus estimates of $0.35 by $0.12. Zoom Video Communications had a internet margin of 29.91% and a return on fairness of 16.56%. The agency had income of $1.07 billion for the quarter, in comparison with the consensus estimate of $1.07 billion. Throughout the identical interval within the earlier yr, the agency posted $0.97 EPS. The enterprise’s quarterly income was up 12.3% on a year-over-year foundation. As a bunch, sell-side analysts count on that Zoom Video Communications, Inc. will put up 1.75 earnings per share for the present fiscal yr.

Insider Exercise at Zoom Video Communications

In associated information, COO Aparna Bawa offered 2,404 shares of the corporate’s inventory in a transaction dated Friday, Might 13th. The shares have been offered at a mean value of $95.04, for a complete transaction of $228,476.16. Following the transaction, the chief working officer now immediately owns 84,260 shares within the firm, valued at roughly $8,008,070.40. The sale was disclosed in a authorized submitting with the Securities & Alternate Fee, which is accessible by way of the SEC web site. In different Zoom Video Communications information, CFO Kelly Steckelberg offered 6,700 shares of the enterprise’s inventory in a transaction dated Wednesday, Might 25th. The shares have been offered at a mean value of $100.27, for a complete worth of $671,809.00. The transaction was disclosed in a authorized submitting with the Securities & Alternate Fee, which is obtainable by way of the SEC web site. Additionally, COO Aparna Bawa offered 2,404 shares of the enterprise’s inventory in a transaction dated Friday, Might 13th. The shares have been offered at a mean value of $95.04, for a complete transaction of $228,476.16. Following the completion of the sale, the chief working officer now immediately owns 84,260 shares of the corporate’s inventory, valued at $8,008,070.40. The disclosure for this sale could be discovered right here. Within the final ninety days, insiders have offered 54,923 shares of firm inventory value $5,803,973. Insiders personal 11.24% of the corporate’s inventory.

Zoom Video Communications Profile

(Get Ranking)

Zoom Video Communications, Inc supplies unified communications platform within the Americas, the Asia Pacific, Europe, the Center East, and Africa. The corporate gives Zoom Conferences that provides HD video, voice, chat, and content material sharing by way of cellular gadgets, desktops, laptops, telephones, and convention room techniques; Zoom Cellphone, an enterprise cloud telephone system; and Zoom Chat allows customers to share messages, photographs, audio recordsdata, and content material in desktop, laptop computer, pill, and cellular gadgets.

See Additionally

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