GSA Capital Partners LLP Has $470,000 Stake in ZoomInfo Technologies Inc. $ZI

GSA Capital Partners LLP trimmed its position in shares of ZoomInfo Technologies Inc. (NASDAQ:ZI) by 70.9% during the 3rd quarter, HoldingsChannel reports. The firm owned 43,068 shares of the company’s stock after selling 104,959 shares during the quarter. GSA Capital Partners LLP’s holdings in ZoomInfo Technologies were worth $470,000 at the end of the most recent quarter.

Other hedge funds also recently modified their holdings of the company. Glenview Capital Management LLC boosted its position in shares of ZoomInfo Technologies by 28.1% in the second quarter. Glenview Capital Management LLC now owns 16,381,399 shares of the company’s stock worth $165,780,000 after buying an additional 3,594,599 shares during the period. AQR Capital Management LLC lifted its stake in ZoomInfo Technologies by 88.6% in the 2nd quarter. AQR Capital Management LLC now owns 10,197,526 shares of the company’s stock worth $103,199,000 after acquiring an additional 4,789,566 shares in the last quarter. State Street Corp boosted its position in ZoomInfo Technologies by 1.5% during the 2nd quarter. State Street Corp now owns 8,703,692 shares of the company’s stock worth $88,081,000 after acquiring an additional 129,548 shares during the period. LSV Asset Management grew its stake in ZoomInfo Technologies by 64.2% during the 3rd quarter. LSV Asset Management now owns 7,506,629 shares of the company’s stock valued at $81,897,000 after acquiring an additional 2,936,229 shares in the last quarter. Finally, RPD Fund Management LLC grew its stake in ZoomInfo Technologies by 23.4% during the 2nd quarter. RPD Fund Management LLC now owns 7,338,600 shares of the company’s stock valued at $74,267,000 after acquiring an additional 1,393,129 shares in the last quarter. Hedge funds and other institutional investors own 95.47% of the company’s stock.

ZoomInfo Technologies Stock Performance

Shares of ZI opened at $6.03 on Wednesday. The firm has a market cap of $2.06 billion, a price-to-earnings ratio of 201.07, a price-to-earnings-growth ratio of 13.05 and a beta of 1.02. The company’s fifty day moving average is $8.74 and its 200-day moving average is $9.92. 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 Inc. has a 12 month low of $7.01 and a 12 month high of $13.39.

Analysts Set New Price Targets

A number of research firms have recently issued reports on ZI. KeyCorp raised shares of ZoomInfo Technologies from an “underweight” rating to a “sector weight” rating in a research report on Monday, December 15th. Needham & Company LLC reiterated a “buy” rating on shares of ZoomInfo Technologies in a research note on Tuesday, November 4th. Jefferies Financial Group reiterated a “buy” rating and issued a $16.00 target price on shares of ZoomInfo Technologies in a research report on Tuesday, November 4th. Finally, Royal Bank Of Canada restated an “underperform” rating and set a $8.00 price target on shares of ZoomInfo Technologies in a report on Tuesday, November 4th. Four investment analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $11.50.

ZoomInfo Technologies 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.