B. Metzler seel. Sohn & Co. AG boosted its holdings in ZoomInfo Applied sciences Inc. (NASDAQ:ZI – Get Ranking) by 7.4% through the 1st quarter, based on the corporate in its most up-to-date disclosure with the Securities and Alternate Fee. The institutional investor owned 4,624 shares of the corporate’s inventory after buying a further 320 shares through the quarter. B. Metzler seel. Sohn & Co. AG’s holdings in ZoomInfo Applied sciences had been price $276,000 as of its most up-to-date SEC submitting.
A number of different hedge funds and different institutional traders have additionally not too long ago purchased and bought shares of the enterprise. Cambridge Funding Analysis Advisors Inc. elevated its stake in ZoomInfo Applied sciences by 58.8% within the 4th quarter. Cambridge Funding Analysis Advisors Inc. now owns 6,358 shares of the corporate’s inventory price $408,000 after buying a further 2,355 shares within the final quarter. Toronto Dominion Financial institution bought a brand new place in ZoomInfo Applied sciences within the 4th quarter price about $2,845,000. Envestnet Asset Administration Inc. elevated its stake in ZoomInfo Applied sciences by 216.1% within the 4th quarter. Envestnet Asset Administration Inc. now owns 23,178 shares of the corporate’s inventory price $1,488,000 after buying a further 15,846 shares within the final quarter. Mitsubishi UFJ Kokusai Asset Administration Co. Ltd. bought a brand new place in ZoomInfo Applied sciences within the 4th quarter price about $3,350,000. Lastly, American Century Firms Inc. bought a brand new place in ZoomInfo Applied sciences within the 4th quarter price about $871,000. 82.92% of the inventory is presently owned by institutional traders.
Insider Shopping for and Promoting
In associated information, main shareholder Subsidiary Holdings L.L.C. Cg bought 167,755 shares of the enterprise’s inventory in a transaction that occurred on Monday, August fifteenth. The inventory was bought at a median worth of $50.85, for a complete worth of $8,530,341.75. Following the completion of the sale, the insider now instantly owns 40,307,862 shares within the firm, valued at roughly $2,049,654,782.70. The transaction was disclosed in a submitting with the SEC, which will be accessed by way of the SEC web site. In different information, CEO Henry Schuck bought 143,761 shares of the corporate’s inventory in a transaction that occurred on Monday, June sixth. The inventory was bought at a median worth of $42.36, for a complete transaction of $6,089,715.96. Following the completion of the transaction, the chief government officer now instantly owns 15,288,001 shares within the firm, valued at $647,599,722.36. The sale was disclosed in a submitting with the SEC, which will be accessed by way of this hyperlink. Additionally, main shareholder Subsidiary Holdings L.L.C. Cg bought 167,755 shares of the corporate’s inventory in a transaction that occurred on Monday, August fifteenth. The inventory was bought at a median worth of $50.85, for a complete worth of $8,530,341.75. Following the transaction, the insider now owns 40,307,862 shares of the corporate’s inventory, valued at $2,049,654,782.70. The disclosure for this sale will be discovered right here. Within the final ninety days, insiders bought 763,688 shares of firm inventory price $35,653,162. 9.70% of the inventory is presently owned by insiders.
Analyst Upgrades and Downgrades
ZI has been the subject of a variety of analyst studies. Stifel Nicolaus dropped their worth goal on ZoomInfo Applied sciences from $85.00 to $75.00 in a analysis notice on Tuesday, Might third. Piper Sandler lifted their goal worth on ZoomInfo Applied sciences from $50.00 to $54.00 and gave the corporate an “chubby” score in a analysis notice on Tuesday, August 2nd. TheStreet lower ZoomInfo Applied sciences from a “c-” score to a “d” score in a analysis notice on Thursday, Might nineteenth. UBS Group lifted their goal worth on ZoomInfo Applied sciences from $50.00 to $53.00 and gave the corporate a “purchase” score in a analysis notice on Tuesday, August 2nd. Lastly, Raymond James lowered their goal worth on ZoomInfo Applied sciences from $70.00 to $65.00 in a analysis notice on Tuesday, Might third. Seventeen funding analysts have rated the inventory with a purchase score, Primarily based on knowledge from MarketBeat, ZoomInfo Applied sciences presently has a consensus score of “Purchase” and a median worth goal of $69.06.
ZoomInfo Applied sciences Inventory Down 3.5 %
Shares of ZoomInfo Applied sciences inventory opened at $49.35 on Friday. The inventory has a 50-day easy shifting common of $39.26 and a 200-day easy shifting common of $46.54. ZoomInfo Applied sciences Inc. has a 52-week low of $30.31 and a 52-week excessive of $79.17. The corporate has a debt-to-equity ratio of 0.58, a present ratio of 1.08 and a fast ratio of 1.08. The agency has a market cap of $19.91 billion, a price-to-earnings ratio of 182.78, a P/E/G ratio of three.22 and a beta of 1.62.
ZoomInfo Applied sciences (NASDAQ:ZI – Get Ranking) final posted its earnings outcomes on Monday, August 1st. The corporate reported $0.21 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.03. ZoomInfo Applied sciences had a return on fairness of seven.16% and a internet margin of 13.61%. The agency had income of $267.10 million through the quarter, in comparison with analyst estimates of $254.45 million. Throughout the identical interval within the earlier yr, the corporate earned $0.11 EPS. The corporate’s income for the quarter was up 53.5% on a year-over-year foundation. On common, equities analysis analysts count on that ZoomInfo Applied sciences Inc. will submit 0.45 earnings per share for the present fiscal yr.
About ZoomInfo Applied sciences
ZoomInfo Applied sciences Inc, by way of its subsidiaries, gives go-to-market intelligence and engagement platform for gross sales and advertising and marketing groups in america and internationally. The corporate’s cloud-based platform gives data on organizations and professionals to assist customers determine goal prospects and resolution makers, receive frequently up to date predictive lead and firm scoring, monitor shopping for indicators and different attributes of goal firms, craft messages, have interaction by way of automated gross sales instruments, and monitor progress by way of the deal cycle.
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