166 institutions hold shares in ZoomInfo Technologies Inc. (ZI), with institutional investors hold 95.27% of the company’s shares. The shares outstanding are 155.79M, and float is at 69.23M with Short Float at 10.77%. Institutions hold 95.27% of the Float.
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The top institutional shareholder in the company is FMR, LLC with over 7.92 million shares valued at $381.96 million. The investor’s holdings represent 11.44% of the ZI Shares outstanding. As of Dec 30, 2020, the second largest holder is Blackrock Inc. with 7.5 million shares valued at $361.89 million to account for 10.84% of the shares outstanding. The other top investors are Allianz Asset Management GmbH which holds 7.02 million shares representing 10.14% and valued at over $338.49 million, while Vanguard Group, Inc. (The) holds 9.48% of the shares totaling 6.57 million with a market value of $316.67 million.
ZoomInfo Technologies Inc. (NASDAQ: ZI) is 10.78% higher on its value in year-to-date trading and has touched a low of $30.83 and a high of $64.40 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ZI stock was last observed hovering at around $51.32 in the last trading session, with the day’s gains setting it 2.11% off its average median price target of $64.50 for the next 12 months. It is also 25.79% off the consensus price target high of $72.00 offered by 17 analysts, but current levels are 6.26% higher than the price target low of $57.00 for the same period.
Currently trading at $53.43, the stock is 0.07% and 11.17% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 12.77 million and changing 4.11% at the moment leaves the stock 22.80% off its SMA200. ZI registered a gain of 45.07% in past 6-months. The firm has a 50-day simple moving average (SMA 50) of $50.15 and a 200-day simple moving average (SMA200) of $43.01.
The stock witnessed a 15.47% loss in the last 1 month and extending the period to 3 months gives it a 25.19%, and is -4.20% down over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 7.87% over the week and 7.25% over the month.
ZoomInfo Technologies Inc. (ZI) has around 1287 employees, a market worth around $21.02B and $426.80M in sales. Fwd P/E is 114.41. Profit margin for the company is -11.60%. Distance from 52-week low is 73.31% and -17.03% from its 52-week high. The company has generated returns on investments over the last 12 months (2.50%).
ZoomInfo Technologies Inc. (ZI) Analyst Forecasts
Analyst recommendations provided by FactSet shows that the consensus forecast for ZoomInfo Technologies Inc. (ZI) is a “Overweight”. 17 analysts offering their recommendations for the stock have an average rating of 2.00, where 4 rate it as a Hold and 1 think it is a “Overweight”. 12 of the analysts rate the stock as a “Buy”. 0 analysts have rated the stock as a Sell or Underperform.
ZoomInfo Technologies Inc. is expected to release its quarterly report on 05/13/2021 and quarterly earnings per share for the current quarter are estimated at $0.1 with sales reaching $135.75M over the same period.The EPS is expected to shrink by -172.70% this year, but quarterly earnings will post 26.40% year-over-year.
ZoomInfo Technologies Inc. (ZI) Insider Activity
A total of 417 insider transactions have happened at ZoomInfo Technologies Inc. (ZI) in the last six months, with sales accounting for 212 and purchases happening 205 times. The most recent transaction is an insider sale by Crockett Todd, the company’s Director. SEC filings show that Crockett Todd sold 126,641 shares of the company’s common stock on Feb 16 at a price of $58.13 per share for a total of $7.36 million. Following the sale, the insider now owns 0.0 shares.
ZoomInfo Technologies Inc. disclosed in a document filed with the SEC on Feb 16 that TA Atlantic & Pacific VII-B L. (Director) sold a total of 126,641 shares of the company’s common stock. The trade occurred on Feb 16 and was made at $58.13 per share for $7.36 million. Following the transaction, the insider now directly holds 0.0 shares of the ZI stock.
Still, SEC filings show that on Feb 16, Mironov Jason (Director) disposed off 126,641 shares at an average price of $58.13 for $7.36 million. The insider now directly holds 0 shares of ZoomInfo Technologies Inc. (ZI).