ZoomInfo Technologies Inc. (NASDAQ:ZI) Shares Bought by Horrell Capital Management Inc.

Horrell Capital Management Inc. boosted its stake in shares of ZoomInfo Technologies Inc. (NASDAQ:ZI - Free Report) by 19.2% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The institutional investor owned 435,000 shares of the company's stock after acquiring an additional 70,000 shares during the quarter. ZoomInfo Technologies accounts for 1.3% of Horrell Capital Management Inc.'s holdings, making the stock its 27th largest position. Horrell Capital Management Inc. owned approximately 0.13% of ZoomInfo Technologies worth $4,572,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors also recently bought and sold shares of the stock. Victory Capital Management Inc. increased its holdings in ZoomInfo Technologies by 83.4% in the third quarter. Victory Capital Management Inc. now owns 163,708 shares of the company's stock valued at $1,689,000 after buying an additional 74,455 shares in the last quarter. Charles Schwab Investment Management Inc. increased its stake in shares of ZoomInfo Technologies by 1.4% in the 3rd quarter. Charles Schwab Investment Management Inc. now owns 2,194,016 shares of the company's stock valued at $22,642,000 after purchasing an additional 29,733 shares in the last quarter. FMR LLC raised its holdings in ZoomInfo Technologies by 27.7% in the 3rd quarter. FMR LLC now owns 33,053,422 shares of the company's stock worth $341,111,000 after purchasing an additional 7,177,687 shares during the period. Advantage Alpha Capital Partners LP boosted its position in ZoomInfo Technologies by 17.3% during the third quarter. Advantage Alpha Capital Partners LP now owns 350,561 shares of the company's stock worth $3,618,000 after purchasing an additional 51,683 shares in the last quarter. Finally, FORA Capital LLC acquired a new stake in ZoomInfo Technologies in the third quarter valued at approximately $134,000. 95.47% of the stock is owned by institutional investors and hedge funds.

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ZoomInfo Technologies Trading Down 7.0 %

ZI stock traded down $0.76 during midday trading on Friday, hitting $10.05. 6,309,876 shares of the company's stock were exchanged, compared to its average volume of 7,187,796. ZoomInfo Technologies Inc. has a 1-year low of $7.65 and a 1-year high of $16.98. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.73. The stock has a market capitalization of $3.44 billion, a PE ratio of 335.11, a P/E/G ratio of 13.05 and a beta of 0.97. The business has a 50-day simple moving average of $10.58 and a two-hundred day simple moving average of $10.56.

ZoomInfo Technologies (NASDAQ:ZI - Get Free Report) last issued its quarterly earnings data on Tuesday, February 25th. The company reported $0.16 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.23 by ($0.07). ZoomInfo Technologies had a net margin of 0.74% and a return on equity of 12.05%. The company had revenue of $309.10 million during the quarter, compared to analysts' expectations of $297.64 million. On average, sell-side analysts predict that ZoomInfo Technologies Inc. will post 0.59 EPS for the current fiscal year.

Analysts Set New Price Targets

Several equities research analysts recently commented on the stock. Piper Sandler raised shares of ZoomInfo Technologies from an "underweight" rating to a "neutral" rating and boosted their price target for the stock from $10.00 to $11.00 in a report on Wednesday, February 26th. Wells Fargo & Company boosted their target price on shares of ZoomInfo Technologies from $11.00 to $12.00 and gave the stock an "equal weight" rating in a research note on Wednesday, February 26th. Barclays raised their price target on shares of ZoomInfo Technologies from $11.00 to $13.00 and gave the company an "equal weight" rating in a research note on Wednesday, February 26th. Stifel Nicolaus boosted their price objective on ZoomInfo Technologies from $13.00 to $14.00 and gave the stock a "buy" rating in a research note on Wednesday, February 26th. Finally, Scotiabank raised their target price on ZoomInfo Technologies from $10.30 to $11.00 and gave the company a "sector perform" rating in a research report on Thursday, February 27th. Five investment analysts have rated the stock with a sell rating, thirteen have assigned a hold rating and three have given a buy rating to the stock. According to MarketBeat.com, ZoomInfo Technologies has a consensus rating of "Hold" and a consensus price target of $11.92.

ZoomInfo Technologies Company Profile

ZoomInfo Technologies Inc, together with its subsidiaries, provides go-to-market intelligence and engagement platform for sales and marketing teams in the United States and internationally. The company's cloud-based platform provides information on organizations and professionals to help users identify target customers and decision makers, obtain continually updated predictive lead and company scoring, monitor buying signals and other attributes of target companies, craft messages, engage through automated sales tools, and track progress through the deal cycle.