Diversified Trust Co Invests $262,000 in ZoomInfo Technologies Inc. $ZI

Key Points

• Diversified Trust Co invested approximately $262,000 in ZoomInfo Technologies Inc. by acquiring 25,872 shares during the 2nd quarter.
• Multiple large investors have increased their stakes in ZoomInfo, with Parallel Advisors LLC growing its holdings by 143.6% in the same period.
• The current market capitalization of ZoomInfo Technologies is $4.08 billion, with shares trading at around $11.91, significantly influenced by a high P/E ratio of 397.13.

Diversified Trust Co bought a new position in shares of ZoomInfo Technologies Inc. (NASDAQ:ZI - Free Report) during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund bought 25,872 shares of the company's stock, valued at approximately $262,000.

Several other large investors also recently bought and sold shares of the stock. GAMMA Investing LLC grew its holdings in shares of ZoomInfo Technologies by 28.8% during the first quarter. GAMMA Investing LLC now owns 6,636 shares of the company's stock valued at $66,000 after buying an additional 1,484 shares during the last quarter. Parallel Advisors LLC grew its stake in ZoomInfo Technologies by 143.6% during the 2nd quarter. Parallel Advisors LLC now owns 3,199 shares of the company's stock valued at $32,000 after purchasing an additional 1,886 shares during the last quarter. UMB Bank n.a. grew its stake in ZoomInfo Technologies by 125.3% during the 1st quarter. UMB Bank n.a. now owns 3,396 shares of the company's stock valued at $34,000 after purchasing an additional 1,889 shares during the last quarter. US Bancorp DE grew its stake in ZoomInfo Technologies by 32.9% during the 1st quarter. US Bancorp DE now owns 8,458 shares of the company's stock valued at $85,000 after purchasing an additional 2,092 shares during the last quarter. Finally, Wedmont Private Capital grew its stake in ZoomInfo Technologies by 18.8% during the 1st quarter. Wedmont Private Capital now owns 14,386 shares of the company's stock valued at $144,000 after purchasing an additional 2,272 shares during the last quarter. Hedge funds and other institutional investors own 95.47% of the company's stock.

ZoomInfo Technologies Price Performance

Shares of NASDAQ ZI opened at $11.91 on Thursday. The business's 50 day moving average price is $10.75 and its 200 day moving average price is $10.00. The firm has a market cap of $4.08 billion, a P/E ratio of 397.13, 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 has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.73.

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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