ZoomInfo Technologies Inc. (NASDAQ:ZI) Major Shareholder Carlyle Group Inc. Sells 19,814 Shares

ZoomInfo Technologies Inc. (NASDAQ:ZI) major shareholder Carlyle Group Inc. sold 19,814 shares of the stock in a transaction dated Wednesday, January 12th. The stock was sold at an average price of $57.72, for a total transaction of $1,143,664.08. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Major shareholders that own at least 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Carlyle Group Inc. also recently made the following trade(s):

  • On Monday, December 6th, Carlyle Group Inc. sold 710,455 shares of ZoomInfo Technologies stock. The stock was sold at an average price of $59.70, for a total transaction of $42,414,163.50.
  • On Friday, December 3rd, Carlyle Group Inc. sold 326,230 shares of ZoomInfo Technologies stock. The shares were sold at an average price of $57.88, for a total transaction of $18,882,192.40.
  • On Monday, November 29th, Carlyle Group Inc. sold 387,043 shares of ZoomInfo Technologies stock. The shares were sold at an average price of $70.12, for a total value of $27,139,455.16.
  • On Friday, November 19th, Carlyle Group Inc. sold 485,558 shares of ZoomInfo Technologies stock. The stock was sold at an average price of $77.55, for a total value of $37,655,022.90.
  • On Wednesday, November 17th, Carlyle Group Inc. sold 516,765 shares of ZoomInfo Technologies stock. The shares were sold at an average price of $76.68, for a total transaction of $39,625,540.20.
  • On Monday, November 15th, Carlyle Group Inc. sold 371,080 shares of ZoomInfo Technologies stock. The shares were sold at an average price of $74.77, for a total transaction of $27,745,651.60.
  • On Friday, November 12th, Carlyle Group Inc. sold 446,132 shares of ZoomInfo Technologies stock. The stock was sold at an average price of $74.25, for a total transaction of $33,125,301.00.
  • On Monday, November 8th, Carlyle Group Inc. sold 359,692 shares of ZoomInfo Technologies stock. The shares were sold at an average price of $73.52, for a total transaction of $26,444,555.84.
  • On Friday, November 5th, Carlyle Group Inc. sold 600,799 shares of ZoomInfo Technologies stock. The stock was sold at an average price of $73.02, for a total value of $43,870,342.98.
  • On Friday, October 29th, Carlyle Group Inc. sold 101,348 shares of ZoomInfo Technologies stock. The shares were sold at an average price of $67.34, for a total value of $6,824,774.32.

Shares of NASDAQ:ZI opened at $51.44 on Friday. The firm has a fifty day moving average of $64.75 and a two-hundred day moving average of $62.66. The company has a quick ratio of 1.00, a current ratio of 1.00 and a debt-to-equity ratio of 0.67. ZoomInfo Technologies Inc. has a 12-month low of $37.86 and a 12-month high of $79.17. The firm has a market capitalization of $20.15 billion, a P/E ratio of 857.48, a price-to-earnings-growth ratio of 3.08 and a beta of 1.25.

ZoomInfo Technologies (NASDAQ:ZI) last released its quarterly earnings data on Sunday, October 31st. The company reported $0.13 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.12 by $0.01. ZoomInfo Technologies had a positive return on equity of 9.58% and a negative net margin of 0.39%. The firm had revenue of $197.60 million during the quarter, compared to analysts’ expectations of $183.77 million. During the same quarter last year, the firm earned $0.06 earnings per share. The business’s revenue for the quarter was up 60.1% on a year-over-year basis. Equities research analysts expect that ZoomInfo Technologies Inc. will post 0.36 earnings per share for the current fiscal year.

A number of large investors have recently added to or reduced their stakes in the stock. Moors & Cabot Inc. acquired a new stake in ZoomInfo Technologies in the third quarter valued at approximately $27,000. First Horizon Advisors Inc. raised its holdings in shares of ZoomInfo Technologies by 7,566.7% during the 3rd quarter. First Horizon Advisors Inc. now owns 230 shares of the company’s stock valued at $50,000 after purchasing an additional 227 shares in the last quarter. Truvestments Capital LLC acquired a new stake in shares of ZoomInfo Technologies in the 3rd quarter valued at $55,000. Atticus Wealth Management LLC bought a new stake in ZoomInfo Technologies in the third quarter worth $75,000. Finally, Asset Management One Co. Ltd. acquired a new position in ZoomInfo Technologies during the third quarter worth $110,000. Hedge funds and other institutional investors own 86.41% of the company’s stock.

ZI has been the subject of several research analyst reports. Zacks Investment Research lowered ZoomInfo Technologies from a “buy” rating to a “hold” rating in a report on Saturday, November 6th. Truist lifted their price objective on shares of ZoomInfo Technologies from $80.00 to $85.00 and gave the stock a “buy” rating in a research note on Tuesday, November 2nd. Royal Bank of Canada increased their target price on shares of ZoomInfo Technologies from $70.00 to $85.00 and gave the company an “outperform” rating in a research note on Tuesday, November 2nd. Bank of America lifted their price target on shares of ZoomInfo Technologies from $75.00 to $85.00 and gave the stock a “buy” rating in a research report on Tuesday, November 2nd. Finally, increased their price objective on ZoomInfo Technologies from $70.00 to $80.00 and gave the company a “buy” rating in a research report on Tuesday, November 2nd. One analyst has rated the stock with a hold rating and nineteen have assigned a buy rating to the stock. According to data from MarketBeat, ZoomInfo Technologies presently has an average rating of “Buy” and an average target price of $81.47.

ZoomInfo Technologies Company Profile

ZoomInfo Technologies Inc operates cloud-based go-to-market intelligence platform for sales and marketing teams worldwide. The company's platform provides information and insights on the organizations and professionals. Its customers operate in various industry verticals, including software, business services, manufacturing, telecommunications, financial services, media and internet, transportation, education, hospitality, and real estate, as well as enterprises, mid-market companies, and down to small businesses.

Featured Story: Real Estate Investment Trust (REIT) ETF

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.