Allianz Asset Management GmbH Sells 40,800 Shares of ZoomInfo Technologies Inc. $ZI

Allianz Asset Management GmbH trimmed its holdings in shares of ZoomInfo Technologies Inc. (NASDAQ:ZI) by 17.2% during the second quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 197,069 shares of the company’s stock after selling 40,800 shares during the quarter. Allianz Asset Management GmbH owned 0.06% of ZoomInfo Technologies worth $1,994,000 at the end of the most recent quarter.

A number of other institutional investors also recently modified their holdings of the stock. Parallel Advisors LLC lifted its position in shares of ZoomInfo Technologies by 143.6% during the 2nd quarter. Parallel Advisors LLC now owns 3,199 shares of the company’s stock valued at $32,000 after acquiring an additional 1,886 shares during the period. Brooklyn Investment Group lifted its position in shares of ZoomInfo Technologies by 180.5% during the 1st quarter. Brooklyn Investment Group now owns 5,138 shares of the company’s stock valued at $51,000 after acquiring an additional 3,306 shares during the period. GAMMA Investing LLC lifted its position in shares of ZoomInfo Technologies by 28.8% during the 1st quarter. GAMMA Investing LLC now owns 6,636 shares of the company’s stock valued at $66,000 after acquiring an additional 1,484 shares during the period. US Bancorp DE lifted its position in shares of ZoomInfo Technologies by 32.9% during the 1st quarter. US Bancorp DE now owns 8,458 shares of the company’s stock valued at $85,000 after acquiring an additional 2,092 shares during the period. Finally, AlphaQuest LLC lifted its position in shares of ZoomInfo Technologies by 139.6% during the 1st quarter. AlphaQuest LLC now owns 10,213 shares of the company’s stock valued at $102,000 after acquiring an additional 5,951 shares during the period. Institutional investors and hedge funds own 95.47% of the company’s stock.

ZoomInfo Technologies Stock Up 0.8%

ZoomInfo Technologies stock opened at $11.14 on Friday. 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. The firm’s fifty day moving average is $10.83 and its 200 day moving average is $10.09. The company has a market capitalization of $3.81 billion, a PE ratio of 371.29, a PEG ratio of 13.05 and a beta of 1.02.

ZoomInfo Technologies Company 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.