NorthCrest Asset Management boosts Zoom stake by 55%, holding 25,889 shares worth $2.24M.

NorthCrest Asset Management increased its holdings in Zoom Communications by 55% in Q4, acquiring an additional 9,183 shares for a total of 25,889 shares valued at $2.24 million. This move reflects continued institutional interest in Zoom, which recently reported a slight earnings miss but revenue growth. Other major investors like Vanguard and AQR also raised their stakes. Zoom's stock trades near its 50- and 200-day averages, with mixed analyst ratings but generally positive outlooks for future earnings growth.