5,193,266 Shares in ZoomInfo Technologies Inc. $ZI Acquired by Fuller & Thaler Asset Management Inc.

Key Points

• Fuller & Thaler Asset Management Inc. acquired 5,193,266 shares of ZoomInfo Technologies Inc. for about $51.93 million, representing a 1.52% ownership stake in the company.
• ZoomInfo Technologies currently has a market cap of $3.57 billion and a twelve-month stock price range of $7.01 to $13.39, with a recently opened share price at $10.43.
• Analysts have increased their target prices for ZoomInfo Technologies, with Barclays and Piper Sandler setting it as high as $11.00, suggesting a consensus target price of $11.18 amidst mixed ratings.

Fuller & Thaler Asset Management Inc. bought a new position in ZoomInfo Technologies Inc. (NASDAQ:ZI - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor bought 5,193,266 shares of the company's stock, valued at approximately $51,933,000. Fuller & Thaler Asset Management Inc. owned about 1.52% of ZoomInfo Technologies at the end of the most recent quarter.

A number of other hedge funds also recently made changes to their positions in ZI. Jericho Capital Asset Management L.P. bought a new stake in shares of ZoomInfo Technologies during the fourth quarter valued at about $116,622,000. Deutsche Bank AG increased its stake in ZoomInfo Technologies by 21,345.2% during the 4th quarter. Deutsche Bank AG now owns 10,228,951 shares of the company's stock valued at $107,506,000 after buying an additional 10,181,253 shares during the period. Dimensional Fund Advisors LP raised its position in shares of ZoomInfo Technologies by 67.9% during the 4th quarter. Dimensional Fund Advisors LP now owns 5,236,035 shares of the company's stock worth $55,029,000 after buying an additional 2,118,297 shares in the last quarter. Primecap Management Co. CA raised its position in shares of ZoomInfo Technologies by 7.3% during the 1st quarter. Primecap Management Co. CA now owns 4,689,906 shares of the company's stock worth $46,899,000 after buying an additional 318,005 shares in the last quarter. Finally, Hood River Capital Management LLC acquired a new stake in shares of ZoomInfo Technologies in the 4th quarter worth approximately $48,336,000. Institutional investors own 95.47% of the company's stock.

ZoomInfo Technologies Price Performance

Shares of NASDAQ ZI traded down $0.21 during mid-day trading on Thursday, reaching $10.10. The company had a trading volume of 3,604,171 shares, compared to its average volume of 7,578,001. The company has a 50-day moving average price of $10.25 and a two-hundred day moving average price of $9.92. The stock has a market cap of $3.46 billion, a PE ratio of 336.78, a P/E/G ratio of 13.05 and a beta of 1.02. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.73. ZoomInfo Technologies Inc. has a 1-year low of $7.01 and a 1-year high of $13.39.

Analyst Upgrades and Downgrades

ZI has been the topic of a number of research analyst reports. Piper Sandler raised their price objective on shares of ZoomInfo Technologies from $8.00 to $11.00 and gave the company a "neutral" rating in a research note on Tuesday, May 13th. Wells Fargo & Company increased their price target on ZoomInfo Technologies from $8.00 to $10.00 and gave the company an "equal weight" rating in a research note on Tuesday, May 13th. Finally, Barclays boosted their price objective on ZoomInfo Technologies from $9.00 to $11.00 and gave the stock an "equal weight" rating in a research note on Tuesday, May 13th. Three analysts have rated the stock with a Buy rating, seven have given a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, ZoomInfo Technologies presently has a consensus rating of "Hold" and an average price target of $11.18.

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.