Versor Investments LP lessened its holdings in ZoomInfo Technologies Inc. (NASDAQ:ZI - Free Report) by 73.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The firm owned 13,400 shares of the company's stock after selling 36,600 shares during the quarter. Versor Investments LP's holdings in ZoomInfo Technologies were worth $141,000 at the end of the most recent reporting period.
Other hedge funds and other institutional investors also recently bought and sold shares of the company. FMR LLC grew its stake in shares of ZoomInfo Technologies by 27.7% during 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. Pacer Advisors Inc. grew its stake in shares of ZoomInfo Technologies by 38.7% during the 3rd quarter. Pacer Advisors Inc. now owns 9,274,829 shares of the company's stock worth $95,716,000 after purchasing an additional 2,585,631 shares during the period. State Street Corp grew its stake in shares of ZoomInfo Technologies by 2.0% during the 3rd quarter. State Street Corp now owns 8,626,463 shares of the company's stock worth $89,025,000 after purchasing an additional 165,440 shares during the period. Maverick Capital Ltd. acquired a new stake in shares of ZoomInfo Technologies during the 3rd quarter worth approximately $44,248,000. Finally, Primecap Management Co. CA grew its stake in shares of ZoomInfo Technologies by 97.6% during the 3rd quarter. Primecap Management Co. CA now owns 2,565,440 shares of the company's stock worth $26,475,000 after purchasing an additional 1,267,171 shares during the period. Institutional investors and hedge funds own 95.47% of the company's stock.
ZoomInfo Technologies Trading Up 1.0 %
Shares of NASDAQ ZI traded up $0.11 during trading on Friday, hitting $11.51. 6,752,320 shares of the company were exchanged, compared to its average volume of 7,004,660. ZoomInfo Technologies Inc. has a 12-month low of $7.65 and a 12-month high of $17.01. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.63 and a current ratio of 0.63. The company has a fifty day moving average price of $10.38 and a 200-day moving average price of $10.45. The firm has a market capitalization of $3.95 billion, a PE ratio of 383.79, a P/E/G ratio of 13.05 and a beta of 0.97.
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 analysts' consensus estimates of $0.23 by ($0.07). The business had revenue of $309.10 million for the quarter, compared to analyst estimates of $297.64 million. ZoomInfo Technologies had a return on equity of 12.05% and a net margin of 0.74%. As a group, equities research analysts expect that ZoomInfo Technologies Inc. will post 0.59 EPS for the current year.
Wall Street Analyst Weigh In
ZI has been the topic of a number of research analyst reports. Scotiabank lifted their price target on shares of ZoomInfo Technologies from $10.30 to $11.00 and gave the company a "sector perform" rating in a research note on Thursday, February 27th. Wells Fargo & Company lifted their price target on shares of ZoomInfo Technologies from $11.00 to $12.00 and gave the company an "equal weight" rating in a research note on Wednesday, February 26th. Barclays lifted 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. KeyCorp cut shares of ZoomInfo Technologies from a "sector weight" rating to an "underweight" rating in a research note on Friday, December 13th. Finally, Canaccord Genuity Group lifted their price target on shares of ZoomInfo Technologies from $14.00 to $15.00 and gave the company a "buy" rating in a research note on Wednesday, February 26th. Five research analysts have rated the stock with a sell rating, thirteen have given a hold rating and three have assigned a buy rating to the company's stock. According to MarketBeat, ZoomInfo Technologies has an average rating of "Hold" and a consensus target price of $11.92.
Get Our Latest Stock Report on ZI
ZoomInfo Technologies Company Profile
(
Free Report)
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.
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