Allegiance Financial Group Advisory Services LLC Has $175,000 Stock Position in ZoomInfo Technologies Inc. $ZI

Allegiance Financial Group Advisory Services LLC raised its holdings in ZoomInfo Technologies Inc. (NASDAQ:ZI) by 67.5% in the 2nd quarter, according to the company in its most recent filing with the SEC. The firm owned 17,282 shares of the company’s stock after acquiring an additional 6,966 shares during the quarter. Allegiance Financial Group Advisory Services LLC’s holdings in ZoomInfo Technologies were worth $175,000 as of its most recent SEC filing.

Other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Wealth Enhancement Advisory Services LLC increased its position in ZoomInfo Technologies by 983.2% in the 1st quarter. Wealth Enhancement Advisory Services LLC now owns 112,602 shares of the company’s stock valued at $1,126,000 after acquiring an additional 102,207 shares during the period. Fuller & Thaler Asset Management Inc. acquired a new position in ZoomInfo Technologies in the 1st quarter valued at approximately $51,933,000. GAMMA Investing LLC increased its position in ZoomInfo Technologies by 28.8% in the 1st 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 period. Teacher Retirement System of Texas acquired a new position in ZoomInfo Technologies in the 1st quarter valued at approximately $480,000. Finally, Merit Financial Group LLC acquired a new position in ZoomInfo Technologies in the 1st quarter valued at approximately $500,000. 95.47% of the stock is currently owned by institutional investors and hedge funds.

ZoomInfo Technologies Trading Down 1.6%

Shares of NASDAQ ZI opened at $10.50 on Thursday. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.63 and a current ratio of 0.63. 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 $10.77 and a two-hundred day moving average price of $10.01. The stock has a market cap of $3.59 billion, a P/E ratio of 350.12, a price-to-earnings-growth ratio of 13.05 and a beta of 1.02.

About ZoomInfo Technologies

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.