Campbell & CO Investment Adviser LLC Sells 170,393 Shares of ZoomInfo Technologies Inc. $ZI

Campbell & CO Investment Adviser LLC cut its holdings in ZoomInfo Technologies Inc. (NASDAQ:ZI) by 88.2% in the 3rd quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor owned 22,750 shares of the company’s stock after selling 170,393 shares during the period. Campbell & CO Investment Adviser LLC’s holdings in ZoomInfo Technologies were worth $248,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently modified their holdings of ZI. Parallel Advisors LLC lifted its holdings in ZoomInfo Technologies by 143.6% during the second quarter. Parallel Advisors LLC now owns 3,199 shares of the company’s stock worth $32,000 after acquiring an additional 1,886 shares during the period. Allworth Financial LP increased its position in shares of ZoomInfo Technologies by 980.2% during the 2nd quarter. Allworth Financial LP now owns 3,327 shares of the company’s stock valued at $34,000 after purchasing an additional 3,019 shares during the last quarter. SJS Investment Consulting Inc. increased its position in shares of ZoomInfo Technologies by 3,863.1% during the 3rd quarter. SJS Investment Consulting Inc. now owns 4,082 shares of the company’s stock valued at $45,000 after purchasing an additional 3,979 shares during the last quarter. True Wealth Design LLC raised its stake in shares of ZoomInfo Technologies by 1,202.5% during the 2nd quarter. True Wealth Design LLC now owns 6,903 shares of the company’s stock worth $70,000 after purchasing an additional 6,373 shares during the period. Finally, EMC Capital Management purchased a new position in shares of ZoomInfo Technologies in the 2nd quarter worth about $71,000. 95.47% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. Royal Bank Of Canada restated an “underperform” rating and set a $8.00 price objective on shares of ZoomInfo Technologies in a report on Tuesday, November 4th. KeyCorp raised shares of ZoomInfo Technologies from an “underweight” rating to a “sector weight” rating in a research report on Monday, December 15th. Jefferies Financial Group restated a “buy” rating and set a $16.00 price target on shares of ZoomInfo Technologies in a research note on Tuesday, November 4th. Finally, Needham & Company LLC reiterated a “buy” rating on shares of ZoomInfo Technologies in a research note on Tuesday, November 4th. Four investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and two have given a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $11.31.

ZoomInfo Technologies Stock Performance

Shares of ZI stock opened at $8.82 on Friday. The firm’s 50 day moving average is $9.88 and its 200 day moving average is $10.44. The stock has a market capitalization of $3.02 billion, a P/E ratio of 294.10, a PEG ratio of 13.05 and a beta of 1.02. ZoomInfo Technologies Inc. has a 12 month low of $7.01 and a 12 month high of $13.39. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.73.

ZoomInfo Technologies Company Profile

ZoomInfo Technologies Inc is a cloud-based software company specializing in business-to-business (B2B) intelligence and go-to-market solutions. Its platform aggregates firmographic, demographic, technographic and intent data to help sales, marketing and recruiting professionals identify, engage and close on high-value prospects. Subscribers gain access to a proprietary database of company and contact information, enabling targeted outreach and data enrichment across various workflows.

Founded in 2007 and headquartered in Vancouver, Washington, ZoomInfo has expanded its capabilities through both internal development and strategic acquisitions.