ZoomInfo Technologies Inc. (NASDAQ:ZI) Shares Sold by Natixis

Natixis cut its position in shares of ZoomInfo Technologies Inc. (NASDAQ:ZI - Free Report) by 90.5% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 15,008 shares of the company's stock after selling 142,969 shares during the quarter. Natixis' holdings in ZoomInfo Technologies were worth $158,000 as of its most recent filing with the SEC.

Several other hedge funds and other institutional investors have also recently bought and sold shares of the company. Fifth Third Bancorp raised its holdings in shares of ZoomInfo Technologies by 47.8% in the fourth quarter. Fifth Third Bancorp now owns 3,836 shares of the company's stock worth $40,000 after acquiring an additional 1,241 shares during the last quarter. GAMMA Investing LLC raised its stake in ZoomInfo Technologies by 29.1% in the 4th quarter. GAMMA Investing LLC now owns 5,152 shares of the company's stock valued at $54,000 after purchasing an additional 1,160 shares during the last quarter. Nisa Investment Advisors LLC lifted its holdings in ZoomInfo Technologies by 343.1% in the 4th quarter. Nisa Investment Advisors LLC now owns 6,115 shares of the company's stock valued at $64,000 after purchasing an additional 4,735 shares in the last quarter. SRS Capital Advisors Inc. boosted its stake in shares of ZoomInfo Technologies by 183.9% during the 4th quarter. SRS Capital Advisors Inc. now owns 8,441 shares of the company's stock worth $89,000 after purchasing an additional 5,468 shares during the last quarter. Finally, American Trust purchased a new stake in shares of ZoomInfo Technologies during the third quarter worth about $104,000. 95.47% of the stock is owned by institutional investors and hedge funds.

ZoomInfo Technologies Stock Performance

Shares of ZI stock traded down $0.01 on Tuesday, hitting $8.70. 4,333,047 shares of the stock traded hands, compared to its average volume of 7,361,116. The company's fifty day moving average is $9.71 and its 200 day moving average is $10.27. ZoomInfo Technologies Inc. has a 1-year low of $7.01 and a 1-year high of $16.98. The company has a market capitalization of $2.98 billion, a PE ratio of 290.10, a PEG ratio of 13.05 and a beta of 1.00. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.63 and a quick ratio of 0.63.

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

Analyst Upgrades and Downgrades

ZI has been the topic of several research analyst reports. Citigroup raised their target price on shares of ZoomInfo Technologies from $8.50 to $9.00 and gave the stock a "sell" rating in a research report on Tuesday, February 11th. Needham & Company LLC reiterated a "buy" rating and issued a $15.00 price target on shares of ZoomInfo Technologies in a report on Wednesday, February 26th. Barclays dropped their price objective on ZoomInfo Technologies from $13.00 to $9.00 and set an "equal weight" rating for the company in a report on Monday, April 21st. Stifel Nicolaus lifted their target price on ZoomInfo Technologies from $13.00 to $14.00 and gave the company a "buy" rating in a report on Wednesday, February 26th. Finally, Scotiabank upped their price target on ZoomInfo Technologies from $10.30 to $11.00 and gave the stock a "sector perform" rating in a research note on Thursday, February 27th. Five equities research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, ZoomInfo Technologies currently has an average rating of "Hold" and an average price target of $11.00.

ZoomInfo Technologies 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.