Acadian Asset Management LLC Makes New $1.45 Million Investment in ZoomInfo Technologies Inc. $ZI

Acadian Asset Management LLC bought a new position in ZoomInfo Technologies Inc. (NASDAQ:ZI) during the 1st quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm bought 145,149 shares of the company’s stock, valued at approximately $1,451,000.

Several other institutional investors and hedge funds have also recently made changes to their positions in the company. Focus Partners Wealth bought a new position in shares of ZoomInfo Technologies in the first quarter worth approximately $200,000. Bayforest Capital Ltd purchased a new position in ZoomInfo Technologies during the 1st quarter valued at $172,000. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC increased its position in ZoomInfo Technologies by 2.7% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 962,311 shares of the company’s stock valued at $9,623,000 after purchasing an additional 25,710 shares during the period. United Services Automobile Association purchased a new position in ZoomInfo Technologies during the 1st quarter valued at $187,000. Finally, Goldman Sachs Group Inc. increased its position in ZoomInfo Technologies by 11.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 607,625 shares of the company’s stock valued at $6,076,000 after purchasing an additional 64,109 shares during the period. Institutional investors own 95.47% of the company’s stock.

ZoomInfo Technologies Stock Up 4.6%

Shares of ZoomInfo Technologies stock opened at $12.20 on Wednesday. The company has a current ratio of 0.63, a quick ratio of 0.63 and a debt-to-equity ratio of 0.73. The company’s fifty day simple moving average is $10.56 and its two-hundred day simple moving average is $9.97. The company has a market cap of $4.18 billion, a P/E ratio of 406.80, 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.

ZoomInfo Technologies Profile

ZoomInfo Technologies Inc, together with its subsidiaries, provides go-to-market intelligence and engagement platform for sales and marketing teams in the United States and internationally. The company's cloud-based platform provides information on organizations and professionals to help users identify target customers and decision makers, obtain continually updated predictive lead and company scoring, monitor buying signals and other attributes of target companies, craft messages, engage through automated sales tools, and track progress through the deal cycle.