ZoomInfo Technologies Inc. (NASDAQ:ZI – Get Free Report) CFO Peter Cameron Hyzer sold 7,500 shares of the company’s stock in a transaction on Thursday, June 13th. The stock was sold at an average price of $12.78, for a total value of $95,850.00. Following the completion of the sale, the chief financial officer now owns 1,279,023 shares of the company’s stock, valued at $16,345,913.94. The sale was disclosed in a filing with the SEC, which is available at the SEC website.
ZoomInfo Technologies Trading Down 1.8 %
Shares of NASDAQ:ZI opened at $11.80 on Wednesday. The business’s 50-day moving average is $13.95 and its 200 day moving average is $15.61. The company has a debt-to-equity ratio of 0.61, a current ratio of 1.11 and a quick ratio of 1.11. ZoomInfo Technologies Inc. has a 1 year low of $11.67 and a 1 year high of $30.16. The firm has a market capitalization of $4.41 billion, a P/E ratio of 59.00, a P/E/G ratio of 2.97 and a beta of 1.06.
ZoomInfo Technologies (NASDAQ:ZI – Get Free Report) last issued its quarterly earnings results on Tuesday, May 7th. The company reported $0.18 earnings per share for the quarter, topping analysts’ consensus estimates of $0.14 by $0.04. ZoomInfo Technologies had a return on equity of 12.00% and a net margin of 6.24%. The business had revenue of $310.10 million for the quarter, compared to analyst estimates of $308.84 million. On average, research analysts predict that ZoomInfo Technologies Inc. will post 0.69 earnings per share for the current fiscal year.
Institutional Trading of ZoomInfo Technologies
Analyst Upgrades and Downgrades
ZI has been the subject of several recent research reports. UBS Group decreased their price objective on ZoomInfo Technologies from $19.00 to $16.00 and set a “neutral” rating for the company in a report on Wednesday, May 8th. Piper Sandler lowered shares of ZoomInfo Technologies from an “overweight” rating to a “neutral” rating and reduced their price target for the company from $24.00 to $15.00 in a report on Wednesday, May 8th. Citigroup lowered their price target on shares of ZoomInfo Technologies from $13.00 to $11.00 and set a “sell” rating for the company in a research report on Thursday, May 9th. Morgan Stanley cut their price objective on shares of ZoomInfo Technologies from $20.00 to $18.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 17th. Finally, Barclays reduced their price objective on shares of ZoomInfo Technologies from $19.00 to $15.00 and set an “equal weight” rating for the company in a research note on Wednesday, May 8th. Three investment analysts have rated the stock with a sell rating, eight have given a hold rating and eleven have issued a buy rating to the company. According to data from MarketBeat.com, the company currently has an average rating of “Hold” and a consensus price target of $19.00.
Get Our Latest Report on ZoomInfo Technologies
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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