Vise Technologies Inc. Invests $104,000 in ZoomInfo Technologies Inc. $ZI

Vise Technologies Inc. purchased a new position in ZoomInfo Technologies Inc. (NASDAQ:ZI) in the 2nd quarter, HoldingsChannel.com reports. The firm purchased 10,316 shares of the company’s stock, valued at approximately $104,000.

Several other hedge funds have also bought and sold shares of ZI. Allworth Financial LP increased its stake in shares of 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 purchasing an additional 3,019 shares in the last quarter. Acadian Asset Management LLC boosted its position in shares of ZoomInfo Technologies by 83.8% in the 2nd quarter. Acadian Asset Management LLC now owns 266,837 shares of the company’s stock worth $2,699,000 after purchasing an additional 121,688 shares in the last quarter. Campbell & CO Investment Adviser LLC purchased a new stake in shares of ZoomInfo Technologies in the 2nd quarter worth approximately $1,955,000. True Wealth Design LLC grew its stake in shares of ZoomInfo Technologies by 1,202.5% in the 2nd 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 during the last quarter. Finally, Vestmark Advisory Solutions Inc. increased its position in ZoomInfo Technologies by 309.9% during the 2nd quarter. Vestmark Advisory Solutions Inc. now owns 98,375 shares of the company’s stock valued at $996,000 after buying an additional 74,377 shares in the last quarter. Institutional investors own 95.47% of the company’s stock.

Wall Street Analyst Weigh In

ZI has been the topic of several analyst reports. Needham & Company LLC reissued a “buy” rating on shares of ZoomInfo Technologies in a report on Tuesday, November 4th. KeyCorp reiterated an “underweight” rating on shares of ZoomInfo Technologies in a research note on Tuesday, November 4th. Royal Bank Of Canada reissued an “underperform” rating and set a $8.00 price objective on shares of ZoomInfo Technologies in a research report on Tuesday, November 4th. Finally, Jefferies Financial Group reaffirmed a “buy” rating and issued a $16.00 target price on shares of ZoomInfo Technologies in a report on Tuesday, November 4th. Four equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average price target of $11.31.

ZoomInfo Technologies Trading Down 5.7%

Shares of NASDAQ:ZI opened at $9.62 on Wednesday. The company has a debt-to-equity ratio of 0.73, a current ratio of 0.63 and a quick ratio of 0.63. ZoomInfo Technologies Inc. has a 1 year low of $7.01 and a 1 year high of $13.39. The company has a market cap of $3.29 billion, a P/E ratio of 320.77, a PEG ratio of 13.05 and a beta of 1.02. The stock’s fifty day moving average price is $10.96 and its 200-day moving average price is $10.42.

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.