ZoomInfo Technologies Inc. (NASDAQ:ZI) Director David Randall Winn Sells 290,541 Shares

ZoomInfo Technologies Inc. (NASDAQ:ZI) Director David Randall Winn sold 290,541 shares of ZoomInfo Technologies stock in a transaction dated Tuesday, December 3rd. The shares were sold at an average price of $11.06, for a total value of $3,213,383.46. Following the completion of the sale, the director now directly owns 1,266,807 shares in the company, valued at $14,010,885.42. This represents a 18.66 % decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

ZoomInfo Technologies Stock Down 2.1 %

Shares of NASDAQ ZI traded down $0.23 during trading on Thursday, hitting $10.97. 2,707,682 shares of the company traded hands, compared to its average volume of 7,108,865. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.63 and a current ratio of 0.63. The business’s fifty day moving average is $10.66 and its 200 day moving average is $10.96. The firm has a market capitalization of $3.77 billion, a price-to-earnings ratio of 373.46, a P/E/G ratio of 14.37 and a beta of 1.02. ZoomInfo Technologies Inc. has a fifty-two week low of $7.65 and a fifty-two week high of $19.39.

Analysts Set New Price Targets

ZI has been the topic of a number of recent analyst reports. Scotiabank initiated coverage on shares of ZoomInfo Technologies in a report on Monday, November 18th. They set a “sector perform” rating and a $10.30 target price on the stock. Citigroup upped their price objective on ZoomInfo Technologies from $7.00 to $8.50 and gave the company a “sell” rating in a research note on Thursday, November 14th. Daiwa America downgraded ZoomInfo Technologies from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, August 13th. Mizuho increased their price target on ZoomInfo Technologies from $9.00 to $11.00 and gave the company a “neutral” rating in a research note on Wednesday, November 13th. Finally, Needham & Company LLC reaffirmed a “buy” rating and set a $15.00 price objective on shares of ZoomInfo Technologies in a research report on Wednesday, November 13th. Four research analysts have rated the stock with a sell rating, thirteen have given a hold rating and five have assigned a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $12.72.

Institutional Trading of ZoomInfo Technologies

A number of hedge funds and other institutional investors have recently bought and sold shares of ZI. American Trust purchased a new stake in shares of ZoomInfo Technologies in the third quarter valued at about $104,000. SkyView Investment Advisors LLC purchased a new stake in ZoomInfo Technologies in the 3rd quarter valued at about $129,000. Teachers Retirement System of The State of Kentucky boosted its stake in shares of ZoomInfo Technologies by 11.5% in the 3rd quarter. Teachers Retirement System of The State of Kentucky now owns 165,031 shares of the company’s stock worth $1,703,000 after buying an additional 17,060 shares during the last quarter. Neo Ivy Capital Management bought a new position in shares of ZoomInfo Technologies in the third quarter valued at approximately $720,000. Finally, M&T Bank Corp boosted its position in ZoomInfo Technologies by 30.2% in the third quarter. M&T Bank Corp now owns 16,152 shares of the company’s stock worth $167,000 after purchasing an additional 3,746 shares during the last quarter. Institutional investors own 95.47% of the company’s stock.

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.