Tudor Investment Corp ET AL Boosts Holdings in ZoomInfo Technologies Inc. (NASDAQ:ZI)

Tudor Investment Corp ET AL increased its position in shares of ZoomInfo Technologies Inc. (NASDAQ:ZI - Free Report) by 470.1% during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 938,845 shares of the company's stock after acquiring an additional 774,169 shares during the period. Tudor Investment Corp ET AL owned approximately 0.27% of ZoomInfo Technologies worth $9,867,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors have also recently bought and sold shares of the company. Fifth Third Bancorp raised its position in 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 in the last quarter. GAMMA Investing LLC lifted its position in ZoomInfo Technologies by 29.1% in the 4th 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 last quarter. Nisa Investment Advisors LLC boosted its stake in 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 buying an additional 4,735 shares in the last quarter. SRS Capital Advisors Inc. boosted its stake in ZoomInfo Technologies by 183.9% in the fourth quarter. SRS Capital Advisors Inc. now owns 8,441 shares of the company's stock worth $89,000 after buying an additional 5,468 shares in the last quarter. Finally, American Trust purchased a new position in shares of ZoomInfo Technologies during the third quarter worth approximately $104,000. 95.47% of the stock is owned by institutional investors.

ZoomInfo Technologies Stock Up 0.8 %

Shares of NASDAQ:ZI traded up $0.07 during trading on Thursday, hitting $8.63. The stock had a trading volume of 3,374,045 shares, compared to its average volume of 7,370,784. The company has a market capitalization of $2.95 billion, a PE ratio of 287.76, a PEG ratio of 13.05 and a beta of 1.00. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.73. The firm's fifty day moving average is $9.66 and its 200 day moving average is $10.25. ZoomInfo Technologies Inc. has a 12 month low of $7.01 and a 12 month high of $16.98.

ZoomInfo Technologies (NASDAQ:ZI - Get Free Report) last announced its quarterly earnings data on Tuesday, February 25th. The company reported $0.16 EPS for the quarter, missing the consensus estimate of $0.23 by ($0.07). ZoomInfo Technologies had a net margin of 0.74% and a return on equity of 12.05%. The firm had revenue of $309.10 million for the quarter, compared to analysts' expectations of $297.64 million. Analysts anticipate that ZoomInfo Technologies Inc. will post 0.59 EPS for the current fiscal year.

Analysts Set New Price Targets

A number of equities research analysts have recently issued reports on the stock. Piper Sandler cut their price objective on shares of ZoomInfo Technologies from $11.00 to $8.00 and set a "neutral" rating for the company in a research note on Wednesday, April 23rd. Mizuho reduced their price objective 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. Scotiabank boosted their target price on ZoomInfo Technologies from $10.30 to $11.00 and gave the company a "sector perform" rating in a research note on Thursday, February 27th. Morgan Stanley reduced their price target on ZoomInfo Technologies from $13.00 to $10.00 and set an "equal weight" rating on the stock in a research report on Wednesday, April 16th. Finally, DA Davidson lowered their price objective on ZoomInfo Technologies from $13.00 to $8.00 and set a "neutral" rating for the company in a research report on Monday, April 14th. Five research analysts have rated the stock with a sell rating, thirteen have issued a hold rating and three have issued a buy rating to the company. Based on data from MarketBeat, the company presently has a consensus rating of "Hold" and a consensus price target of $11.00.

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.