State of New Jersey Common Pension Fund D reduced its stake in shares of ZoomInfo Technologies Inc. (NASDAQ:ZI – Free Report) by 1.7% during the 2nd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 197,219 shares of the company’s stock after selling 3,456 shares during the quarter. State of New Jersey Common Pension Fund D owned 0.06% of ZoomInfo Technologies worth $1,996,000 as of its most recent filing with the Securities and Exchange Commission.
Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Fuller & Thaler Asset Management Inc. acquired a new position in ZoomInfo Technologies during the first quarter worth about $51,933,000. GAMMA Investing LLC grew its position in ZoomInfo Technologies by 28.8% during the first quarter. GAMMA Investing LLC now owns 6,636 shares of the company’s stock worth $66,000 after buying an additional 1,484 shares during the period. Teacher Retirement System of Texas acquired a new position in ZoomInfo Technologies during the first quarter worth about $480,000. Easterly Investment Partners LLC acquired a new position in ZoomInfo Technologies during the first quarter worth about $1,262,000. Finally, Charles Schwab Investment Management Inc. grew its position in ZoomInfo Technologies by 3.9% during the first quarter. Charles Schwab Investment Management Inc. now owns 2,299,481 shares of the company’s stock worth $22,995,000 after buying an additional 86,382 shares during the period. 95.47% of the stock is currently owned by institutional investors and hedge funds.
ZoomInfo Technologies Trading Down 3.0%
Shares of ZI opened at $10.92 on Friday. 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 firm’s 50-day moving average is $10.90 and its two-hundred day moving average is $10.18. ZoomInfo Technologies Inc. has a twelve month low of $7.01 and a twelve month high of $13.39. The firm has a market capitalization of $3.74 billion, a P/E ratio of 364.12, a PEG ratio of 13.05 and a beta of 1.02.
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.
Further Reading
- Five stocks we like better than ZoomInfo Technologies
- How to Profit From Value Investing
- Why Microsoft’s Post-Earnings Dip Is a Buy-the-Pause Moment
- What Are Dividend Achievers? An Introduction
- NVIDIA’s Billion-Dollar Bet Puts Nokia Back in the Growth Game
- Transportation Stocks Investing
- Hold Ratings, High Rewards? 3 Stocks That Could Defy Expectations
Receive News & Ratings for ZoomInfo Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ZoomInfo Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
