Goldman Sachs Group Inc. Acquires 64,109 Shares of ZoomInfo Technologies Inc. $ZI

Key Points

• Goldman Sachs Group Inc. increased its stake in ZoomInfo Technologies Inc. by 11.8%, acquiring an additional 64,109 shares to hold a total of 607,625 shares valued at approximately $6.08 million.
• Institutional investors own 95.47% of ZoomInfo Technologies, with notable investments from Wealth Enhancement Advisory Services LLC and Fuller & Thaler Asset Management Inc., the latter acquiring shares valued at about $51.93 million.
• ZoomInfo Technologies has a current market cap of $3.99 billion and its stock has experienced a one-year range between $7.01 and $13.39.

Goldman Sachs Group Inc. grew its holdings in shares of ZoomInfo Technologies Inc. (NASDAQ:ZI - Free Report) by 11.8% during the 1st quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 607,625 shares of the company's stock after buying an additional 64,109 shares during the quarter. Goldman Sachs Group Inc. owned approximately 0.18% of ZoomInfo Technologies worth $6,076,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in ZI. UMB Bank n.a. raised its holdings in shares of ZoomInfo Technologies by 125.3% in 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 period. Brooklyn Investment Group grew its stake in ZoomInfo Technologies by 180.5% in the 1st quarter. Brooklyn Investment Group now owns 5,138 shares of the company's stock valued at $51,000 after buying an additional 3,306 shares during the last quarter. GAMMA Investing LLC grew its stake in ZoomInfo Technologies by 28.8% in the 1st 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. US Bancorp DE grew its stake in ZoomInfo Technologies by 32.9% in the 1st 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 last quarter. Finally, AlphaQuest LLC grew its stake in ZoomInfo Technologies by 139.6% in the 1st quarter. AlphaQuest LLC now owns 10,213 shares of the company's stock valued at $102,000 after buying an additional 5,951 shares during the last quarter. 95.47% of the stock is owned by institutional investors.

ZoomInfo Technologies Stock Performance

ZI traded down $0.31 on Friday, reaching $11.83. The company had a trading volume of 10,717,520 shares, compared to its average volume of 7,578,001. ZoomInfo Technologies Inc. has a fifty-two week low of $7.01 and a fifty-two week high of $13.39. The stock has a market cap of $4.05 billion, a P/E ratio of 394.46, a P/E/G ratio of 13.05 and a beta of 1.02. The company's fifty day moving average is $10.66 and its 200 day moving average is $9.99. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.63 and a current ratio of 0.63.

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.