ZoomInfo Technologies Inc. (NASDAQ:ZI) Given Average Rating of “Hold” by Brokerages

Shares of ZoomInfo Technologies Inc. (NASDAQ:ZI) have been assigned an average rating of “Hold” from the fourteen research firms that are currently covering the stock, MarketBeat reports. Three research analysts have rated the stock with a sell rating, seven have given a hold rating and four have assigned a buy rating to the company. The average 1-year price target among brokers that have issued a report on the stock in the last year is $11.3077.

Several brokerages recently issued reports on ZI. Needham & Company LLC restated a “buy” rating on shares of ZoomInfo Technologies in a research note on Tuesday, November 4th. Jefferies Financial Group restated a “buy” rating and issued a $16.00 price target on shares of ZoomInfo Technologies in a research report on Tuesday, November 4th. KeyCorp reaffirmed an “underweight” rating on shares of ZoomInfo Technologies in a report on Tuesday, November 4th. Finally, Royal Bank Of Canada reaffirmed an “underperform” rating and set a $8.00 price objective on shares of ZoomInfo Technologies in a research report on Tuesday, November 4th.

ZoomInfo Technologies Trading Up 0.5%

NASDAQ:ZI opened at $9.67 on Friday. The company has a market cap of $3.31 billion, a PE ratio of 322.44, a P/E/G ratio of 13.05 and a beta of 1.02. The business’s 50 day moving average is $10.61 and its two-hundred day moving average is $10.42. 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 has a 52 week low of $7.01 and a 52 week high of $13.39.

Institutional Trading of ZoomInfo Technologies

Institutional investors and hedge funds have recently made changes to their positions in the stock. Fuller & Thaler Asset Management Inc. bought a new stake in ZoomInfo Technologies in the first quarter valued at $51,933,000. Charles Schwab Investment Management Inc. grew its position in shares of ZoomInfo Technologies by 3.9% during the first quarter. Charles Schwab Investment Management Inc. now owns 2,299,481 shares of the company’s stock worth $22,995,000 after acquiring an additional 86,382 shares during the last quarter. Comerica Bank increased its holdings in shares of ZoomInfo Technologies by 122.3% in the 1st quarter. Comerica Bank now owns 176,476 shares of the company’s stock worth $1,765,000 after acquiring an additional 97,100 shares during the period. Headlands Technologies LLC bought a new stake in ZoomInfo Technologies in the 1st quarter valued at about $1,506,000. Finally, Versor Investments LP lifted its position in ZoomInfo Technologies by 677.3% in the 1st quarter. Versor Investments LP now owns 104,159 shares of the company’s stock valued at $1,042,000 after purchasing an additional 90,759 shares during the last quarter. 95.47% of the stock is currently owned by institutional investors and hedge funds.

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.