Cwm LLC Buys 118,383 Shares of ZoomInfo Technologies Inc. $ZI

Key Points

• Cwm LLC has significantly increased its stake in ZoomInfo Technologies Inc., buying an additional 118,383 shares, resulting in a total of 267,252 shares owned.
• Other institutional investors, including Parallel Advisors LLC and Brooklyn Investment Group, have also ramped up their investments in ZoomInfo, highlighting strong institutional interest.
• As of now, ZoomInfo Technologies has a market capitalization of $3.45 billion and its stock has fluctuated between a 52-week low of $7.01 and a high of $13.39.

Cwm LLC boosted its holdings in ZoomInfo Technologies Inc. (NASDAQ:ZI - Free Report) by 79.5% in the second quarter, according to its most recent filing with the SEC. The institutional investor owned 267,252 shares of the company's stock after buying an additional 118,383 shares during the period. Cwm LLC owned 0.08% of ZoomInfo Technologies worth $2,705,000 as of its most recent SEC filing.

Other institutional investors have also bought and sold shares of the company. Parallel Advisors LLC increased its stake in ZoomInfo Technologies by 143.6% in the 2nd quarter. Parallel Advisors LLC now owns 3,199 shares of the company's stock worth $32,000 after buying an additional 1,886 shares in the last quarter. Brooklyn Investment Group grew its position in ZoomInfo Technologies by 180.5% in the first quarter. Brooklyn Investment Group now owns 5,138 shares of the company's stock worth $51,000 after acquiring an additional 3,306 shares in the last quarter. GAMMA Investing LLC grew its position in ZoomInfo Technologies by 28.8% in the first quarter. GAMMA Investing LLC now owns 6,636 shares of the company's stock worth $66,000 after acquiring an additional 1,484 shares in the last quarter. US Bancorp DE boosted its position in shares of ZoomInfo Technologies by 32.9% during the first quarter. US Bancorp DE now owns 8,458 shares of the company's stock valued at $85,000 after buying an additional 2,092 shares during the period. Finally, AlphaQuest LLC raised its stake in shares of ZoomInfo Technologies by 139.6% during the first quarter. AlphaQuest LLC now owns 10,213 shares of the company's stock valued at $102,000 after acquiring an additional 5,951 shares in the last quarter. Hedge funds and other institutional investors own 95.47% of the company's stock.

ZoomInfo Technologies Stock Performance

Shares of NASDAQ:ZI opened at $10.08 on Friday. The firm has a 50 day moving average of $10.75 and a 200 day moving average of $9.99. The company has a market capitalization of $3.45 billion, a price-to-earnings ratio of 336.11, a price-to-earnings-growth ratio of 13.05 and a beta of 1.02. 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 Inc. has a 52 week low of $7.01 and a 52 week high of $13.39.

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.

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