ZoomInfo Technologies Inc. (NASDAQ:ZI – Get Free Report)’s stock price traded up 3.7% during trading on Monday . The company traded as high as $3.43 and last traded at $3.33. 18,754,545 shares were traded during trading, an increase of 219% from the average session volume of 5,888,071 shares. The stock had previously closed at $3.21.
Analyst Upgrades and Downgrades
A number of equities research analysts have recently commented on the company. Jefferies Financial Group cut ZoomInfo Technologies from a “buy” rating to a “reduce” rating and set a $4.00 target price on the stock. in a research report on Thursday, May 21st. UBS Group cut ZoomInfo Technologies from an “underperform” rating to a “hold” rating in a research report on Thursday, May 21st. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company presently has an average rating of “Reduce” and an average price target of $6.00.
Read Our Latest Report on ZoomInfo Technologies
ZoomInfo Technologies Trading Up 3.7%
Hedge Funds Weigh In On ZoomInfo Technologies
Institutional investors have recently modified their holdings of the business. Baird Financial Group Inc. boosted its stake in ZoomInfo Technologies by 32.7% in the first quarter. Baird Financial Group Inc. now owns 25,286 shares of the company’s stock valued at $253,000 after acquiring an additional 6,235 shares in the last quarter. Royal Bank of Canada boosted its stake in ZoomInfo Technologies by 3,837.2% in the first quarter. Royal Bank of Canada now owns 290,131 shares of the company’s stock valued at $2,902,000 after acquiring an additional 282,762 shares in the last quarter. Cubist Systematic Strategies LLC acquired a new position in ZoomInfo Technologies in the first quarter valued at $111,000. Goldman Sachs Group Inc. boosted its stake in ZoomInfo Technologies by 11.8% in the first quarter. Goldman Sachs Group Inc. now owns 607,625 shares of the company’s stock valued at $6,076,000 after acquiring an additional 64,109 shares in the last quarter. Finally, United Services Automobile Association acquired a new position in ZoomInfo Technologies in the first quarter valued at $187,000. Institutional investors and hedge funds own 95.47% of the company’s stock.
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.
Featured Articles
- Five stocks we like better than ZoomInfo Technologies
- Why These Three Big Buybacks Are Sending Very Different Signals to Investors
- Drone Stocks Soar As Pentagon Considers Funding, Including a Trump-Linked Name
- Braze Blazes Ahead on Q1 2027 Earnings Beat, Raised Guidance
- Are the 3 Newest Members of the $1 Trillion Market Cap Club the Latest Sign of an AI Bubble?
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.
