Oppenheimer Asset Management Inc. raised its position in ZoomInfo Technologies Inc. (NASDAQ:ZI – Free Report) by 34.9% in the second quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 65,034 shares of the company’s stock after acquiring an additional 16,835 shares during the quarter. Oppenheimer Asset Management Inc.’s holdings in ZoomInfo Technologies were worth $658,000 at the end of the most recent reporting period.
Other large investors have also recently added to or reduced their stakes in the company. Parallel Advisors LLC lifted its stake in ZoomInfo Technologies by 143.6% in the 2nd quarter. Parallel Advisors LLC now owns 3,199 shares of the company’s stock valued at $32,000 after purchasing an additional 1,886 shares during the last quarter. Brooklyn Investment Group lifted its position in ZoomInfo Technologies by 180.5% during the first quarter. Brooklyn Investment Group now owns 5,138 shares of the company’s stock worth $51,000 after acquiring an additional 3,306 shares during the last quarter. GAMMA Investing LLC lifted its holdings in ZoomInfo Technologies by 28.8% during the 1st quarter. GAMMA Investing LLC now owns 6,636 shares of the company’s stock worth $66,000 after purchasing an additional 1,484 shares during the last quarter. US Bancorp DE lifted its holdings in shares of ZoomInfo Technologies by 32.9% during the first quarter. US Bancorp DE now owns 8,458 shares of the company’s stock worth $85,000 after buying an additional 2,092 shares in the last quarter. Finally, AlphaQuest LLC raised its stake in ZoomInfo Technologies by 139.6% in the 1st quarter. AlphaQuest LLC now owns 10,213 shares of the company’s stock worth $102,000 after purchasing an additional 5,951 shares in the last quarter. Institutional investors and hedge funds own 95.47% of the company’s stock.
ZoomInfo Technologies Stock Up 2.9%
NASDAQ ZI opened at $11.22 on Friday. The company has a market cap of $3.84 billion, a price-to-earnings ratio of 374.12, a PEG ratio of 13.05 and a beta of 1.02. 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 has a 50 day moving average of $10.92 and a 200-day moving average of $10.21. ZoomInfo Technologies Inc. has a 1-year low of $7.01 and a 1-year 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.
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