In other news, CFO Kelly Steckelberg sold 6,700 shares of the stock in a transaction dated Wednesday, May 25th. Insider Transactions at Zoom Video Communications will post 1.75 earnings per share for the current fiscal year. On average, equities research analysts forecast that Zoom Video Communications, Inc. During the same period in the prior year, the firm earned $0.97 EPS.

The firm’s quarterly revenue was up 12.3% on a year-over-year basis. Zoom Video Communications had a net margin of 29.91% and a return on equity of 16.56%. The company had revenue of $1.07 billion for the quarter, compared to analyst estimates of $1.07 billion. The company reported $0.47 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.35 by $0.12. Zoom Video Communications ( NASDAQ:ZM – Get Rating) last released its earnings results on Monday, May 23rd. Hedge funds and other institutional investors own 55.94% of the company’s stock. Finally, Fisher Asset Management LLC purchased a new stake in shares of Zoom Video Communications during the 4th quarter worth approximately $418,128,000. now owns 3,668,279 shares of the company’s stock worth $675,037,000 after buying an additional 1,312,035 shares during the last quarter. lifted its position in shares of Zoom Video Communications by 55.7% during the 4th quarter. Renaissance Technologies LLC now owns 4,005,012 shares of the company’s stock worth $736,562,000 after buying an additional 789,132 shares during the last quarter. Renaissance Technologies LLC lifted its position in shares of Zoom Video Communications by 24.5% during the 4th quarter. State Street Corp now owns 4,767,911 shares of the company’s stock worth $876,867,000 after buying an additional 83,580 shares during the last quarter. State Street Corp lifted its position in shares of Zoom Video Communications by 1.8% during the 4th quarter. now owns 5,242,357 shares of the company’s stock worth $614,562,000 after buying an additional 973,841 shares during the last quarter. lifted its position in shares of Zoom Video Communications by 22.8% during the 1st quarter.

Other institutional investors also recently added to or reduced their stakes in the company. abrdn plc’s holdings in Zoom Video Communications were worth $2,258,000 as of its most recent SEC filing. The fund owned 18,833 shares of the company’s stock after selling 5,434 shares during the quarter. ( NASDAQ:ZM – Get Rating) by 22.4% in the first quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. Abrdn plc lowered its position in Zoom Video Communications, Inc.

Zoom video communications inc