Robeco Institutional Asset Management B.V. Has $5.95 Million Stake in ZoomInfo Technologies Inc. $ZI

Robeco Institutional Asset Management B.V. lifted its stake in shares of ZoomInfo Technologies Inc. (NASDAQ:ZI) by 81.1% in the third quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 545,083 shares of the company’s stock after acquiring an additional 244,092 shares during the quarter. Robeco Institutional Asset Management B.V. owned approximately 0.16% of ZoomInfo Technologies worth $5,947,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors have also added to or reduced their stakes in the company. Parallel Advisors LLC lifted its holdings in ZoomInfo Technologies by 143.6% in the second quarter. Parallel Advisors LLC now owns 3,199 shares of the company’s stock valued at $32,000 after buying an additional 1,886 shares during the period. Allworth Financial LP lifted its stake in shares of ZoomInfo Technologies by 980.2% in the 2nd quarter. Allworth Financial LP now owns 3,327 shares of the company’s stock valued at $34,000 after purchasing an additional 3,019 shares during the period. SJS Investment Consulting Inc. lifted its stake in shares of ZoomInfo Technologies by 3,863.1% in the 3rd quarter. SJS Investment Consulting Inc. now owns 4,082 shares of the company’s stock valued at $45,000 after purchasing an additional 3,979 shares during the period. True Wealth Design LLC boosted its position in shares of ZoomInfo Technologies by 1,202.5% during the 2nd quarter. True Wealth Design LLC now owns 6,903 shares of the company’s stock valued at $70,000 after purchasing an additional 6,373 shares in the last quarter. Finally, EMC Capital Management acquired a new stake in ZoomInfo Technologies during the second quarter worth approximately $71,000. 95.47% of the stock is currently owned by institutional investors.

ZoomInfo Technologies Price Performance

Shares of ZI opened at $10.40 on Friday. The business’s fifty day moving average is $10.14 and its 200 day moving average is $10.47. ZoomInfo Technologies Inc. has a 12-month low of $7.01 and a 12-month high of $13.39. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.73. The stock has a market cap of $3.56 billion, a P/E ratio of 346.78, a P/E/G ratio of 13.05 and a beta of 1.02.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on ZI shares. KeyCorp upgraded ZoomInfo Technologies from an “underweight” rating to a “sector weight” rating in a report on Monday, December 15th. Needham & Company LLC reissued a “buy” rating on shares of ZoomInfo Technologies in a research note on Tuesday, November 4th. Jefferies Financial Group restated a “buy” rating and issued a $16.00 price target on shares of ZoomInfo Technologies in a report on Tuesday, November 4th. Finally, Royal Bank Of Canada reiterated an “underperform” rating and set a $8.00 price objective on shares of ZoomInfo Technologies in a report on Tuesday, November 4th. Four equities research analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Hold” and a consensus target price of $11.31.

ZoomInfo Technologies Company Profile

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.