Vestmark Advisory Solutions Inc. Increases Stock Holdings in ZoomInfo Technologies Inc. $ZI

Vestmark Advisory Solutions Inc. boosted its holdings in ZoomInfo Technologies Inc. (NASDAQ:ZI) by 309.9% in the 2nd quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 98,375 shares of the company’s stock after purchasing an additional 74,377 shares during the quarter. Vestmark Advisory Solutions Inc.’s holdings in ZoomInfo Technologies were worth $996,000 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. Fuller & Thaler Asset Management Inc. acquired a new stake in ZoomInfo Technologies during the 1st quarter worth approximately $51,933,000. Teacher Retirement System of Texas acquired a new position in ZoomInfo Technologies in the 1st quarter worth $480,000. Easterly Investment Partners LLC acquired a new position in shares of ZoomInfo Technologies in the first quarter worth about $1,262,000. Charles Schwab Investment Management Inc. boosted its stake in shares of ZoomInfo Technologies by 3.9% during the 1st quarter. Charles Schwab Investment Management Inc. now owns 2,299,481 shares of the company’s stock valued at $22,995,000 after buying an additional 86,382 shares during the last quarter. Finally, Cerity Partners LLC grew its holdings in ZoomInfo Technologies by 96.5% during the 1st quarter. Cerity Partners LLC now owns 233,810 shares of the company’s stock worth $2,338,000 after acquiring an additional 114,823 shares in the last quarter. Hedge funds and other institutional investors own 95.47% of the company’s stock.

Analyst Ratings Changes

ZI has been the subject of a number of research analyst reports. KeyCorp reiterated an “underweight” rating on shares of ZoomInfo Technologies in a report on Tuesday, November 4th. Royal Bank Of Canada reissued an “underperform” rating and set a $8.00 price target on shares of ZoomInfo Technologies in a report on Tuesday, November 4th. Needham & Company LLC reissued a “buy” rating on shares of ZoomInfo Technologies in a report on Tuesday, November 4th. Finally, Jefferies Financial Group reissued a “buy” rating and issued a $16.00 price target on shares of ZoomInfo Technologies in a report on Tuesday, November 4th. Four investment analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have given a Sell rating to the stock. According to MarketBeat, the company presently has a consensus rating of “Hold” and a consensus target price of $11.31.

ZoomInfo Technologies Stock Down 1.2%

ZI stock opened at $10.58 on Tuesday. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.63 and a quick ratio of 0.63. The firm has a market capitalization of $3.62 billion, a P/E ratio of 352.62, a P/E/G ratio of 13.05 and a beta of 1.02. ZoomInfo Technologies Inc. has a 52-week low of $7.01 and a 52-week high of $13.39. The company’s 50 day simple moving average is $10.98 and its 200-day simple moving average is $10.36.

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.