Ethic Inc. Increases Stake in ZoomInfo Technologies Inc. $ZI

Ethic Inc. increased its position in shares of ZoomInfo Technologies Inc. (NASDAQ:ZI) by 6.1% during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 32,274 shares of the company’s stock after buying an additional 1,858 shares during the period. Ethic Inc.’s holdings in ZoomInfo Technologies were worth $326,000 at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in ZI. Fuller & Thaler Asset Management Inc. purchased a new position in shares of ZoomInfo Technologies during the first quarter valued at $51,933,000. AQR Capital Management LLC boosted its position in ZoomInfo Technologies by 1,632.1% during the first quarter. AQR Capital Management LLC now owns 5,407,960 shares of the company’s stock valued at $53,674,000 after purchasing an additional 5,095,746 shares in the last quarter. LSV Asset Management boosted its position in ZoomInfo Technologies by 2,528.2% during the first quarter. LSV Asset Management now owns 3,159,047 shares of the company’s stock valued at $31,590,000 after purchasing an additional 3,038,847 shares in the last quarter. Park West Asset Management LLC bought a new stake in ZoomInfo Technologies during the first quarter valued at about $26,599,000. Finally, Adage Capital Partners GP L.L.C. boosted its position in ZoomInfo Technologies by 250.0% during the first quarter. Adage Capital Partners GP L.L.C. now owns 2,625,000 shares of the company’s stock valued at $26,250,000 after purchasing an additional 1,875,000 shares in the last quarter. Hedge funds and other institutional investors own 95.47% of the company’s stock.

ZoomInfo Technologies Price Performance

Shares of NASDAQ ZI opened at $11.26 on Thursday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.63 and a current ratio of 0.63. The company has a market cap of $3.85 billion, a PE ratio of 375.46, a P/E/G ratio of 13.05 and a beta of 1.02. The business has a 50-day simple moving average of $10.89 and a two-hundred day simple moving average of $10.17. ZoomInfo Technologies Inc. has a fifty-two week low of $7.01 and a fifty-two week high of $13.39.

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.