Henry Schuck Sells 1,000,000 Shares of ZoomInfo Technologies Inc. (NASDAQ:ZI) Stock

ZoomInfo Technologies Inc. (NASDAQ:ZIGet Rating) CEO Henry Schuck sold 1,000,000 shares of the stock in a transaction that occurred on Monday, January 9th. The stock was sold at an average price of $25.54, for a total transaction of $25,540,000.00. Following the completion of the sale, the chief executive officer now directly owns 13,288,001 shares of the company’s stock, valued at $339,375,545.54. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Henry Schuck also recently made the following trade(s):

  • On Monday, December 19th, Henry Schuck sold 1,000,000 shares of ZoomInfo Technologies stock. The stock was sold at an average price of $28.16, for a total transaction of $28,160,000.00.

ZoomInfo Technologies Stock Down 2.6 %

Shares of ZI stock opened at $25.73 on Friday. The stock has a market cap of $10.39 billion, a P/E ratio of 55.93, a price-to-earnings-growth ratio of 1.69 and a beta of 0.97. ZoomInfo Technologies Inc. has a one year low of $23.29 and a one year high of $61.44. The stock has a fifty day moving average price of $28.55 and a 200 day moving average price of $37.54. The company has a debt-to-equity ratio of 0.56, a current ratio of 1.28 and a quick ratio of 1.28.

ZoomInfo Technologies (NASDAQ:ZIGet Rating) last issued its earnings results on Tuesday, November 1st. The company reported $0.12 EPS for the quarter, missing the consensus estimate of $0.13 by ($0.01). The firm had revenue of $287.60 million during the quarter, compared to the consensus estimate of $277.90 million. ZoomInfo Technologies had a return on equity of 7.92% and a net margin of 18.15%. Analysts predict that ZoomInfo Technologies Inc. will post 0.46 earnings per share for the current year.

Wall Street Analysts Forecast Growth

ZI has been the topic of several recent research reports. Bank of America lowered shares of ZoomInfo Technologies from a “buy” rating to a “neutral” rating and cut their price objective for the company from $35.00 to $34.00 in a research report on Wednesday, January 4th. Wells Fargo & Company cut their price objective on shares of ZoomInfo Technologies from $60.00 to $50.00 and set an “overweight” rating on the stock in a research report on Friday, January 6th. Deutsche Bank Aktiengesellschaft cut their price objective on shares of ZoomInfo Technologies from $60.00 to $40.00 and set a “buy” rating on the stock in a research report on Thursday, November 17th. Canaccord Genuity Group cut their price objective on shares of ZoomInfo Technologies from $48.00 to $43.00 and set a “buy” rating on the stock in a research report on Wednesday, December 7th. Finally, Royal Bank of Canada lowered their price target on ZoomInfo Technologies from $50.00 to $36.00 and set an “outperform” rating on the stock in a report on Wednesday, November 23rd. Two analysts have rated the stock with a hold rating and sixteen have given a buy rating to the company. According to data from MarketBeat.com, the company presently has a consensus rating of “Moderate Buy” and an average price target of $44.11.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in shares of ZoomInfo Technologies by 11.2% during the third quarter. Vanguard Group Inc. now owns 28,188,768 shares of the company’s stock valued at $1,174,345,000 after acquiring an additional 2,843,150 shares during the period. State Street Corp lifted its holdings in shares of ZoomInfo Technologies by 71.7% during the second quarter. State Street Corp now owns 5,874,049 shares of the company’s stock valued at $195,253,000 after acquiring an additional 2,453,367 shares during the period. Dragoneer Investment Group LLC lifted its holdings in shares of ZoomInfo Technologies by 134.2% during the first quarter. Dragoneer Investment Group LLC now owns 3,943,215 shares of the company’s stock valued at $235,568,000 after acquiring an additional 2,259,831 shares during the period. Capital World Investors lifted its holdings in shares of ZoomInfo Technologies by 7.1% during the first quarter. Capital World Investors now owns 28,215,665 shares of the company’s stock valued at $1,685,604,000 after acquiring an additional 1,872,595 shares during the period. Finally, Price T Rowe Associates Inc. MD lifted its holdings in shares of ZoomInfo Technologies by 503.0% during the third quarter. Price T Rowe Associates Inc. MD now owns 1,814,807 shares of the company’s stock valued at $75,606,000 after acquiring an additional 1,513,857 shares during the period. 84.96% of the stock is owned by institutional investors.

ZoomInfo Technologies Company Profile

(Get Rating)

ZoomInfo Technologies Inc, through 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.

Featured Stories

Insider Buying and Selling by Quarter for ZoomInfo Technologies (NASDAQ:ZI)

Receive News & Ratings for ZoomInfo Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ZoomInfo Technologies and related companies with MarketBeat.com's FREE daily email newsletter.