Caprock Group LLC Purchases Shares of 139,365 ZoomInfo Technologies Inc. $ZI

Caprock Group LLC bought a new stake in ZoomInfo Technologies Inc. (NASDAQ:ZI) during the 3rd quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 139,365 shares of the company’s stock, valued at approximately $1,519,000.

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Hantz Financial Services Inc. lifted its stake in ZoomInfo Technologies by 124.8% during the 3rd quarter. Hantz Financial Services Inc. now owns 2,270 shares of the company’s stock valued at $25,000 after acquiring an additional 1,260 shares in the last quarter. Mirae Asset Global Investments Co. Ltd. bought a new stake in ZoomInfo Technologies during the 3rd quarter worth approximately $27,000. Allworth Financial LP boosted its stake in ZoomInfo Technologies by 980.2% during the second quarter. Allworth Financial LP now owns 3,327 shares of the company’s stock valued at $34,000 after buying an additional 3,019 shares during the period. SJS Investment Consulting Inc. increased its holdings 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 worth $45,000 after buying an additional 3,979 shares during the last quarter. Finally, True Wealth Design LLC boosted its stake in ZoomInfo Technologies by 1,202.5% in the second quarter. True Wealth Design LLC now owns 6,903 shares of the company’s stock worth $70,000 after buying an additional 6,373 shares in the last quarter. 95.47% of the stock is owned by institutional investors.

ZoomInfo Technologies Price Performance

ZI stock opened at $6.36 on Friday. The company has a 50-day moving average price of $9.24 and a 200 day moving average price of $10.12. The stock has a market cap of $2.18 billion, a PE ratio of 212.07, a P/E/G 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. ZoomInfo Technologies Inc. has a 12 month low of $7.01 and a 12 month high of $13.39.

Wall Street Analyst Weigh In

Several equities analysts have recently commented on the stock. Needham & Company LLC reaffirmed a “buy” rating on shares of ZoomInfo Technologies in a research note on Tuesday, November 4th. Royal Bank Of Canada reiterated an “underperform” rating and issued a $8.00 target price on shares of ZoomInfo Technologies in a research note on Tuesday, November 4th. KeyCorp upgraded shares of ZoomInfo Technologies from an “underweight” rating to a “sector weight” rating in a research report on Monday, December 15th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and set a $16.00 price target on shares of ZoomInfo Technologies in a research report on Tuesday, November 4th. Four research analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, ZoomInfo Technologies presently has a consensus rating of “Hold” and an average target price of $11.50.

About ZoomInfo Technologies

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.