Cwm LLC raised its holdings in ZoomInfo Technologies Inc. (NASDAQ:ZI – Free Report) by 79.5% in the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 267,252 shares of the company’s stock after acquiring an additional 118,383 shares during the period. Cwm LLC’s holdings in ZoomInfo Technologies were worth $2,705,000 at the end of the most recent quarter.
Other hedge funds have also recently made changes to their positions in the company. Parallel Advisors LLC grew its stake in shares of ZoomInfo Technologies by 143.6% in the second quarter. Parallel Advisors LLC now owns 3,199 shares of the company’s stock worth $32,000 after acquiring an additional 1,886 shares in the last quarter. Brooklyn Investment Group lifted its position in ZoomInfo Technologies by 180.5% in the first quarter. Brooklyn Investment Group now owns 5,138 shares of the company’s stock valued at $51,000 after acquiring an additional 3,306 shares during the last quarter. GAMMA Investing LLC lifted its position in ZoomInfo Technologies by 28.8% in the first quarter. GAMMA Investing LLC now owns 6,636 shares of the company’s stock valued at $66,000 after acquiring an additional 1,484 shares during the last quarter. US Bancorp DE increased its stake in ZoomInfo Technologies by 32.9% in the first quarter. US Bancorp DE now owns 8,458 shares of the company’s stock valued at $85,000 after purchasing an additional 2,092 shares during the period. Finally, AlphaQuest LLC increased its stake in ZoomInfo Technologies by 139.6% in the first quarter. AlphaQuest LLC now owns 10,213 shares of the company’s stock valued at $102,000 after purchasing an additional 5,951 shares during the period. Hedge funds and other institutional investors own 95.47% of the company’s stock.
ZoomInfo Technologies Trading Down 0.8%
NASDAQ ZI opened at $10.08 on Friday. The stock has a market capitalization of $3.45 billion, a P/E ratio of 336.11, a P/E/G ratio of 13.05 and a beta of 1.02. ZoomInfo Technologies Inc. has a 52-week low of $7.01 and a 52-week high of $13.39. The firm has a 50-day moving average price of $10.75 and a 200 day moving average price of $9.99. The company has a quick ratio of 0.63, a current ratio of 0.63 and a debt-to-equity ratio of 0.73.
ZoomInfo Technologies Company 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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