Zoom Video Communications stock is trading -8.68% below its average target price of $77.68 after marking a 3.2% during today's evening session. Analysts are giving the large-cap Software company an average rating of hold and target prices ranging from $60.0 to $100.0 per share.
Zoom Video Communications has an average level of shares sold short, at 6.1% of its total share float. The stock's short ratio (also called days to cover) is 6.2. The company's insiders own 9.17% of its outstanding shares, which indicates a strong alignment between management and shareholder interests.
Institutional investors own 65.9% of Zoom Video Communications's shares, which indicates they have a high level of confidence in the company.
Institutions Invested in Zoom Video Communications
| Date Reported | Holder | Percentage | Shares | Value |
|---|---|---|---|---|
| 2023-09-30 | Vanguard Group Inc | 49% | 22,695,541 | $1,610,021,733 |
| 2023-09-30 | Blackrock Inc. | 30% | 13,895,519 | $985,748,151 |
| 2023-09-30 | ARK Investment Management, LLC | 22% | 10,182,913 | $722,375,873 |
| 2023-09-30 | Sumitomo Mitsui Trust Holdings, Inc. | 14% | 6,395,240 | $453,678,341 |
| 2023-09-30 | Nikko Asset Management Americas, Inc. | 12% | 5,812,913 | $412,368,062 |
| 2023-09-30 | Newlands Management Operations LLC | 12% | 5,785,588 | $410,429,626 |
| 2023-09-30 | State Street Corporation | 12% | 5,449,733 | $386,604,072 |
| 2023-09-30 | Renaissance Technologies, LLC | 10% | 4,883,814 | $346,457,777 |
| 2023-09-30 | FMR, LLC | 10% | 4,821,866 | $342,063,185 |
| 2023-09-30 | Ubs Asset Management Americas Inc | 10% | 4,779,642 | $339,067,815 |
