Centiva Capital LP Has $294,000 Stock Position in ZoomInfo Technologies Inc. (NASDAQ:ZI)

Centiva Capital LP decreased its holdings in shares of ZoomInfo Technologies Inc. (NASDAQ:ZI - Free Report) by 49.6% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 28,013 shares of the company's stock after selling 27,580 shares during the period. Centiva Capital LP's holdings in ZoomInfo Technologies were worth $294,000 as of its most recent filing with the Securities and Exchange Commission.

Other hedge funds also recently made changes to their positions in the company. Fifth Third Bancorp lifted its holdings in shares of ZoomInfo Technologies by 47.8% during the fourth quarter. Fifth Third Bancorp now owns 3,836 shares of the company's stock valued at $40,000 after purchasing an additional 1,241 shares during the last quarter. GAMMA Investing LLC boosted its holdings in shares of ZoomInfo Technologies by 29.1% in the fourth quarter. GAMMA Investing LLC now owns 5,152 shares of the company's stock worth $54,000 after buying an additional 1,160 shares during the period. Nisa Investment Advisors LLC increased its position in shares of ZoomInfo Technologies by 343.1% in the fourth quarter. Nisa Investment Advisors LLC now owns 6,115 shares of the company's stock worth $64,000 after acquiring an additional 4,735 shares in the last quarter. SRS Capital Advisors Inc. raised its holdings in shares of ZoomInfo Technologies by 183.9% during the fourth quarter. SRS Capital Advisors Inc. now owns 8,441 shares of the company's stock valued at $89,000 after acquiring an additional 5,468 shares during the period. Finally, Catalyst Funds Management Pty Ltd purchased a new stake in shares of ZoomInfo Technologies in the 4th quarter valued at approximately $107,000. Institutional investors and hedge funds own 95.47% of the company's stock.

Analysts Set New Price Targets

Several equities analysts have weighed in on the stock. Wells Fargo & Company lifted their price objective on shares of ZoomInfo Technologies from $8.00 to $10.00 and gave the stock an "equal weight" rating in a research report on Tuesday. Barclays lifted their price target on ZoomInfo Technologies from $9.00 to $11.00 and gave the company an "equal weight" rating in a report on Tuesday. Needham & Company LLC reissued a "buy" rating and set a $15.00 price target on shares of ZoomInfo Technologies in a research report on Wednesday, February 26th. Stifel Nicolaus raised their price objective on ZoomInfo Technologies from $13.00 to $14.00 and gave the stock a "buy" rating in a research report on Wednesday, February 26th. Finally, Mizuho lowered their target price on ZoomInfo Technologies from $11.00 to $9.00 and set a "neutral" rating on the stock in a research note on Tuesday, April 15th. Four investment analysts have rated the stock with a sell rating, twelve have assigned a hold rating and three have given a buy rating to the company's stock. Based on data from MarketBeat, the company currently has a consensus rating of "Hold" and an average target price of $10.63.

ZoomInfo Technologies Stock Down 1.7%

Shares of NASDAQ:ZI traded down $0.17 on Friday, reaching $10.06. The company had a trading volume of 5,009,529 shares, compared to its average volume of 7,234,158. The stock has a market capitalization of $3.44 billion, a P/E ratio of 335.45, a P/E/G ratio of 13.05 and a beta of 1.02. The stock has a 50-day moving average price of $9.27 and a 200 day moving average price of $10.17. ZoomInfo Technologies Inc. has a twelve month low of $7.01 and a twelve month high of $13.67. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.73.

ZoomInfo Technologies (NASDAQ:ZI - Get Free Report) last issued its quarterly earnings data on Monday, May 12th. The company reported $0.23 earnings per share for the quarter, beating analysts' consensus estimates of $0.22 by $0.01. The business had revenue of $305.70 million for the quarter, compared to the consensus estimate of $295.60 million. ZoomInfo Technologies had a return on equity of 12.05% and a net margin of 0.74%. The firm's revenue was down 1.4% compared to the same quarter last year. During the same period last year, the business earned $0.26 EPS. On average, equities analysts expect that ZoomInfo Technologies Inc. will post 0.59 EPS for the current year.

About ZoomInfo Technologies

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.