ZoomInfo Technologies Inc. $ZI Shares Sold by State of New Jersey Common Pension Fund D

State of New Jersey Common Pension Fund D cut its holdings in ZoomInfo Technologies Inc. (NASDAQ:ZI) by 1.7% during the 2nd quarter, Holdings Channel reports. The firm owned 197,219 shares of the company’s stock after selling 3,456 shares during the period. State of New Jersey Common Pension Fund D’s holdings in ZoomInfo Technologies were worth $1,996,000 at the end of the most recent reporting period.

Several other large investors have also modified their holdings of ZI. Parallel Advisors LLC boosted its position in ZoomInfo Technologies by 143.6% during the second quarter. Parallel Advisors LLC now owns 3,199 shares of the company’s stock worth $32,000 after acquiring an additional 1,886 shares during the last quarter. Brooklyn Investment Group boosted its position in ZoomInfo Technologies by 180.5% during the first quarter. Brooklyn Investment Group now owns 5,138 shares of the company’s stock worth $51,000 after acquiring an additional 3,306 shares during the last quarter. GAMMA Investing LLC boosted its position in ZoomInfo Technologies by 28.8% during the first quarter. GAMMA Investing LLC now owns 6,636 shares of the company’s stock worth $66,000 after acquiring an additional 1,484 shares during the last quarter. US Bancorp DE boosted its position in ZoomInfo Technologies by 32.9% during the first quarter. US Bancorp DE now owns 8,458 shares of the company’s stock worth $85,000 after acquiring an additional 2,092 shares during the last quarter. Finally, AlphaQuest LLC boosted its position in ZoomInfo Technologies by 139.6% during the first quarter. AlphaQuest LLC now owns 10,213 shares of the company’s stock worth $102,000 after acquiring an additional 5,951 shares during the last quarter. 95.47% of the stock is currently owned by institutional investors and hedge funds.

ZoomInfo Technologies Stock Down 3.0%

Shares of NASDAQ ZI opened at $10.92 on Friday. ZoomInfo Technologies Inc. has a 1 year low of $7.01 and a 1 year high of $13.39. The firm’s 50 day moving average price is $10.90 and its 200 day moving average price is $10.18. The firm has a market cap of $3.74 billion, a P/E ratio of 364.12, a price-to-earnings-growth ratio of 13.05 and a beta of 1.02. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.63 and a current ratio of 0.63.

About ZoomInfo Technologies

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.