19 hours Ago By Defense World Staff
Empowered Funds LLC acquired a new stake in ZoomInfo Technologies Inc. ( NASDAQ:ZI – Free Report ) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm acquired 31,285 shares of the company’s stock, valued at approximately $329,000.
A number of other hedge funds and other institutional investors have also recently bought and sold shares of ZI. Creative Planning purchased a new position in ZoomInfo Technologies in the third quarter worth approximately $254,000. Raleigh Capital Management Inc.
acquired a new stake in shares of ZoomInfo Technologies in the 3rd quarter valued at $31,000. Mirae Asset Global Investments Co. Ltd.
purchased a new stake in shares of ZoomInfo Technologies during the 3rd quarter worth $37,000. State of Alaska Department of Revenue grew its stake in shares of ZoomInfo Technologies by 7.1% during the third quarter.
State of Alaska Department of Revenue now owns 34,265 shares of the company’s stock worth $353,000 after purchasing an additional 2,275 shares in the last quarter. Finally, Horrell Capital Management Inc. increased its holdings in ZoomInfo Technologies by 35.
2% in the third quarter. Horrell Capital Management Inc. now owns 365,000 shares of the company’s stock valued at $3,767,000 after buying an additional 95,000 shares during the last quarter.
95.47% of the stock is currently owned by hedge funds and other institutional investors. Analysts Set New Price Targets A number of analysts have issued reports on the company.
Mizuho lifted their price target on ZoomInfo Technologies from $9.00 to $11.00 and gave the stock a “neutral” rating in a report on Wednesday, November 13th.
Piper Sandler restated an “underweight” rating and set a $10.00 target price (down previously from $11.00) on shares of ZoomInfo Technologies in a research note on Monday, January 6th.
KeyCorp downgraded ZoomInfo Technologies from a “sector weight” rating to an “underweight” rating in a report on Friday, December 13th. Scotiabank assumed coverage on shares of ZoomInfo Technologies in a report on Monday, November 18th. They set a “sector perform” rating and a $10.
30 price objective on the stock. Finally, Needham & Company LLC restated a “buy” rating and issued a $15.00 target price on shares of ZoomInfo Technologies in a report on Wednesday, November 13th.
Six research analysts have rated the stock with a sell rating, twelve have issued a hold rating and three have given a buy rating to the company. Based on data from MarketBeat.com, the company has a consensus rating of “Hold” and an average price target of $12.
15. ZoomInfo Technologies Stock Down 2.7 % ZoomInfo Technologies stock opened at $9.
90 on Friday. The stock has a 50 day moving average of $10.30 and a two-hundred day moving average of $10.
29. ZoomInfo Technologies Inc. has a twelve month low of $7.
65 and a twelve month high of $17.89. The stock has a market capitalization of $3.
40 billion, a price-to-earnings ratio of 330.11, a PEG ratio of 13.86 and a beta of 1.
01. The company has a current ratio of 0.63, a quick ratio of 0.
63 and a debt-to-equity ratio of 0.73. Insider Transactions at ZoomInfo Technologies In other news, Director David Randall Winn sold 290,541 shares of the stock in a transaction that occurred on Tuesday, December 3rd.
The stock was sold at an average price of $11.06, for a total transaction of $3,213,383.46.
Following the completion of the transaction, the director now directly owns 1,266,807 shares of the company’s stock, valued at approximately $14,010,885.42. This represents a 18.
66 % decrease in their position. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink . Also, CTO Ali Dasdan sold 4,898 shares of ZoomInfo Technologies stock in a transaction that occurred on Tuesday, December 3rd.
The shares were sold at an average price of $11.01, for a total value of $53,926.98.
Following the completion of the sale, the chief technology officer now owns 118,659 shares in the company, valued at approximately $1,306,435.59. This trade represents a 3.
96 % decrease in their ownership of the stock. The disclosure for this sale can be found here . Company insiders own 8.
10% of the company’s stock. ZoomInfo Technologies 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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