2 weeks Ago By ABMN Staff
Canada Pension Plan Investment Board trimmed its position in ZoomInfo Technologies Inc. ( NASDAQ:ZI – Free Report ) by 95.5% during the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission.
The fund owned 9,100 shares of the company’s stock after selling 193,600 shares during the quarter. Canada Pension Plan Investment Board’s holdings in ZoomInfo Technologies were worth $116,000 at the end of the most recent reporting period. Several other large investors have also recently made changes to their positions in ZI.
Coatue Management LLC bought a new stake in shares of ZoomInfo Technologies in the fourth quarter worth about $120,619,000. Delta Global Management LP increased its holdings in shares of ZoomInfo Technologies by 280.1% in the first quarter.
Delta Global Management LP now owns 2,593,618 shares of the company’s stock worth $41,576,000 after purchasing an additional 1,911,221 shares during the last quarter. Kinetic Partners Management LP increased its holdings in shares of ZoomInfo Technologies by 95.4% in the first quarter.
Kinetic Partners Management LP now owns 2,715,500 shares of the company’s stock worth $43,529,000 after purchasing an additional 1,325,500 shares during the last quarter. Swedbank AB bought a new stake in shares of ZoomInfo Technologies in the first quarter worth about $14,026,000. Finally, Primecap Management Co.
CA increased its holdings in shares of ZoomInfo Technologies by 152.8% in the second quarter. Primecap Management Co.
CA now owns 1,298,269 shares of the company’s stock worth $16,579,000 after purchasing an additional 784,700 shares during the last quarter. 95.47% of the stock is owned by institutional investors.
ZoomInfo Technologies Stock Up 2.0 % Shares of NASDAQ:ZI opened at $10.50 on Friday.
ZoomInfo Technologies Inc. has a 52-week low of $7.65 and a 52-week high of $19.
39. The stock has a market cap of $3.84 billion, a P/E ratio of 52.
50, a price-to-earnings-growth ratio of 6.26 and a beta of 1.05.
The business’s 50 day moving average is $10.05 and its 200 day moving average is $12.55.
The company has a quick ratio of 0.97, a current ratio of 0.97 and a debt-to-equity ratio of 0.
66. Analyst Upgrades and Downgrades ZI has been the topic of several analyst reports. Wells Fargo & Company reduced their price objective on ZoomInfo Technologies from $19.
00 to $14.00 and set an “overweight” rating on the stock in a research note on Tuesday, August 6th. KeyCorp downgraded ZoomInfo Technologies from an “overweight” rating to a “sector weight” rating in a research report on Tuesday, August 6th.
Stifel Nicolaus decreased their price objective on ZoomInfo Technologies from $16.00 to $13.00 and set a “buy” rating on the stock in a research report on Tuesday, August 6th.
Barclays decreased their price objective on ZoomInfo Technologies from $15.00 to $11.00 and set an “equal weight” rating on the stock in a research report on Tuesday, August 6th.
Finally, Daiwa America downgraded ZoomInfo Technologies from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, August 13th. Four investment analysts have rated the stock with a sell rating, twelve have given a hold rating and six have given a buy rating to the company’s stock. According to MarketBeat.
com, the company presently has a consensus rating of “Hold” and a consensus price target of $13.40. Get Our Latest Research Report on ZoomInfo Technologies Insider Buying and Selling at ZoomInfo Technologies In other ZoomInfo Technologies news, CFO Peter Cameron Hyzer sold 7,500 shares of the stock in a transaction on Tuesday, July 9th.
The stock was sold at an average price of $12.37, for a total transaction of $92,775.00.
Following the sale, the chief financial officer now owns 1,316,518 shares of the company’s stock, valued at approximately $16,285,327.66. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink .
In related news, CEO Henry Schuck bought 1,500,000 shares of the company’s stock in a transaction on Wednesday, August 7th. The shares were acquired at an average price of $8.49 per share, with a total value of $12,735,000.
00. Following the transaction, the chief executive officer now owns 11,788,001 shares of the company’s stock, valued at $100,080,128.49.
The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink . Also, CFO Peter Cameron Hyzer sold 7,500 shares of the stock in a transaction on Tuesday, July 9th. The shares were sold at an average price of $12.
37, for a total value of $92,775.00. Following the sale, the chief financial officer now directly owns 1,316,518 shares in the company, valued at approximately $16,285,327.
66. The disclosure for this sale can be found here . Insiders own 8.
10% of the company’s stock. 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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