Kennedy Capital Management LLC Purchases 874,547 Shares of ZoomInfo Technologies Inc. $ZI

Kennedy Capital Management LLC raised its position in shares of ZoomInfo Technologies Inc. (NASDAQ:ZI) by 180.2% in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The firm owned 1,359,879 shares of the company’s stock after buying an additional 874,547 shares during the period. Kennedy Capital Management LLC’s holdings in ZoomInfo Technologies were worth $14,836,000 at the end of the most recent reporting period.

A number of other large investors have also added to or reduced their stakes in ZI. LSV Asset Management boosted its holdings in shares of ZoomInfo Technologies by 64.2% during the third quarter. LSV Asset Management now owns 7,506,629 shares of the company’s stock worth $81,897,000 after purchasing an additional 2,936,229 shares during the period. SG Americas Securities LLC raised its position in ZoomInfo Technologies by 569.1% during the 3rd quarter. SG Americas Securities LLC now owns 138,053 shares of the company’s stock valued at $1,506,000 after purchasing an additional 117,420 shares during the last quarter. Cramer Rosenthal Mcglynn LLC raised its position in ZoomInfo Technologies by 27.4% during the 3rd quarter. Cramer Rosenthal Mcglynn LLC now owns 3,598,447 shares of the company’s stock valued at $39,259,000 after purchasing an additional 773,801 shares during the last quarter. Robeco Institutional Asset Management B.V. lifted its holdings in ZoomInfo Technologies by 81.1% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 545,083 shares of the company’s stock worth $5,947,000 after buying an additional 244,092 shares during the period. Finally, Universal Beteiligungs und Servicegesellschaft mbH lifted its holdings in ZoomInfo Technologies by 80.7% in the 3rd quarter. Universal Beteiligungs und Servicegesellschaft mbH now owns 405,250 shares of the company’s stock worth $4,421,000 after buying an additional 180,958 shares during the period. Institutional investors own 95.47% of the company’s stock.

Wall Street Analysts Forecast Growth

Separately, KeyCorp raised ZoomInfo Technologies from an “underweight” rating to a “sector weight” rating in a research note on Monday, December 15th. Two research analysts have rated the stock with a Buy rating, seven have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, ZoomInfo Technologies has an average rating of “Hold” and an average price target of $10.38.

ZoomInfo Technologies Trading Down 0.3%

Shares of ZI traded down $0.02 during trading hours on Friday, reaching $6.29. 6,838,274 shares of the company traded hands, compared to its average volume of 7,578,001. ZoomInfo Technologies Inc. has a 12 month low of $7.01 and a 12 month high of $13.39. 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 company’s fifty day moving average price is $7.83 and its two-hundred day moving average price is $9.60. The company has a market capitalization of $2.15 billion, a price-to-earnings ratio of 209.74, a price-to-earnings-growth ratio of 13.05 and a beta of 1.02.

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.