Y Intercept Hong Kong Ltd Has $2.60 Million Position in ZoomInfo Technologies Inc. $ZI

Y Intercept Hong Kong Ltd increased its holdings in shares of ZoomInfo Technologies Inc. (NASDAQ:ZI) by 55.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission. The firm owned 238,185 shares of the company’s stock after buying an additional 84,805 shares during the quarter. Y Intercept Hong Kong Ltd’s holdings in ZoomInfo Technologies were worth $2,599,000 as of its most recent SEC filing.

Other institutional investors have also modified their holdings of the company. Allworth Financial LP lifted its position in shares of ZoomInfo Technologies by 980.2% in the second quarter. Allworth Financial LP now owns 3,327 shares of the company’s stock worth $34,000 after purchasing an additional 3,019 shares in the last quarter. SJS Investment Consulting Inc. boosted its stake 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 worth $45,000 after buying an additional 3,979 shares during the last quarter. True Wealth Design LLC grew its holdings in shares of ZoomInfo Technologies by 1,202.5% in the 2nd quarter. True Wealth Design LLC now owns 6,903 shares of the company’s stock valued at $70,000 after acquiring an additional 6,373 shares in the last quarter. EMC Capital Management acquired a new stake in shares of ZoomInfo Technologies in the second quarter valued at about $71,000. Finally, Versant Capital Management Inc boosted its position in ZoomInfo Technologies by 180.3% during the third quarter. Versant Capital Management Inc now owns 8,337 shares of the company’s stock valued at $91,000 after purchasing an additional 5,363 shares during the last quarter. Institutional investors own 95.47% of the company’s stock.

Wall Street Analysts Forecast Growth

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

ZoomInfo Technologies Stock Performance

Shares of ZI traded up $0.09 during mid-day trading on Wednesday, hitting $8.91. The stock had a trading volume of 6,531,373 shares, compared to its average volume of 7,578,001. The firm has a market cap of $3.05 billion, a P/E ratio of 297.10, a PEG ratio of 13.05 and a beta of 1.02. ZoomInfo Technologies Inc. has a 52 week low of $7.01 and a 52 week high of $13.39. The business has a fifty day moving average price of $9.84 and a 200-day moving average price of $10.42. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.63 and a quick ratio of 0.63.

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.