ZoomInfo Technologies Inc. $ZI Shares Acquired by Villanova Investment Management Co LLC

Villanova Investment Management Co LLC grew its position in ZoomInfo Technologies Inc. (NASDAQ:ZI) by 53.0% during the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 269,650 shares of the company’s stock after acquiring an additional 93,374 shares during the quarter. ZoomInfo Technologies comprises 2.0% of Villanova Investment Management Co LLC’s holdings, making the stock its 14th largest position. Villanova Investment Management Co LLC owned 0.08% of ZoomInfo Technologies worth $2,942,000 at the end of the most recent reporting period.

A number of other institutional investors have also recently made changes to their positions in ZI. Fielder Capital Group LLC raised its stake in ZoomInfo Technologies by 7.7% in the 2nd quarter. Fielder Capital Group LLC now owns 13,406 shares of the company’s stock valued at $136,000 after purchasing an additional 959 shares during the last quarter. True Wealth Design LLC grew its holdings in shares of ZoomInfo Technologies by 15.1% during the third quarter. True Wealth Design LLC now owns 7,945 shares of the company’s stock worth $87,000 after buying an additional 1,042 shares in the last quarter. Securian Asset Management Inc. raised its position in shares of ZoomInfo Technologies by 6.1% in the third quarter. Securian Asset Management Inc. now owns 20,999 shares of the company’s stock valued at $229,000 after buying an additional 1,211 shares during the last quarter. Hantz Financial Services Inc. raised its position in shares of ZoomInfo Technologies by 124.8% in the third quarter. Hantz Financial Services Inc. now owns 2,270 shares of the company’s stock valued at $25,000 after buying an additional 1,260 shares during the last quarter. Finally, Lazard Asset Management LLC lifted its stake in shares of ZoomInfo Technologies by 5.6% in the second quarter. Lazard Asset Management LLC now owns 27,570 shares of the company’s stock worth $278,000 after buying an additional 1,452 shares in the last quarter. 95.47% of the stock is owned by institutional investors and hedge funds.

ZoomInfo Technologies Stock Performance

NASDAQ ZI opened at $6.45 on Monday. The firm has a market cap of $2.21 billion, a P/E ratio of 215.07, a P/E/G 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’s 50-day moving average price is $8.89 and its 200 day moving average price is $9.97. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.73.

Analyst Ratings Changes

Several research analysts have recently commented on ZI shares. KeyCorp upgraded ZoomInfo Technologies from an “underweight” rating to a “sector weight” rating in a report on Monday, December 15th. Royal Bank Of Canada restated an “underperform” rating and issued a $8.00 price objective on shares of ZoomInfo Technologies in a report on Tuesday, November 4th. Needham & Company LLC reissued a “buy” rating on shares of ZoomInfo Technologies in a research report on Tuesday, November 4th. Finally, Jefferies Financial Group restated a “buy” rating and issued a $16.00 price objective on shares of ZoomInfo Technologies in a research note on Tuesday, November 4th. Four research 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. According to MarketBeat, the company currently has an average rating of “Hold” and a consensus price target of $11.50.

About ZoomInfo Technologies

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.