August 12, 2023 – Hong Kong Investment Firm Fosters Growth by Acquiring Stake in ZoomInfo Technologies Inc.

Y Intercept Hong Kong Ltd, a prominent investment firm based in Hong Kong, recently made a significant move that has caught the attention of investors and industry experts alike. During the first quarter of this year, the firm acquired a new stake in ZoomInfo Technologies Inc. (NASDAQ:ZI), according to its disclosure with the Securities and Exchange Commission. This strategic decision showcases Y Intercept’s astute investment acumen as it aims to tap into the enormous potential of ZoomInfo Technologies.

ZoomInfo Technologies Inc., through its subsidiaries, is revolutionizing the go-to-market landscape by providing an inclusive intelligence and engagement platform for sales and marketing teams across the United States and internationally. Leveraging its state-of-the-art cloud-based platform, ZoomInfo offers valuable information on organizations and professionals to assist users in effectively identifying target customers and key decision-makers. Furthermore, their platform continuously updates predictive lead and company scoring to maximize results. Additionally, ZoomInfo enables users to monitor buying signals and other vital attributes of target companies, craft personalized messages, engage through automated sales tools, and track progress throughout the deal cycle.

The acquisition of 43,908 shares of ZoomInfo’s stock by Y Intercept is undoubtedly a testament to their confidence in the foresight and potential success of this groundbreaking technology company. The total value of this acquisition is estimated at approximately $1,085,000, which underscores the substantial commitment that Y Intercept has made towards consolidating its position within the rapidly evolving market.

This calculated move by Y Intercept comes as no surprise given ZoomInfo’s impressive growth trajectory over recent years. With businesses increasingly recognizing the indispensability of reliable market intelligence in enhancing sales strategies and driving revenue growth, ZoomInfo has positioned itself as a reliable industry leader in fulfilling these critical needs. By combining cutting-edge technology with advanced analytics, ZoomInfo empowers sales and marketing teams with comprehensive data that enables them to identify potential customers, successfully engage with them, and monitor buyer behavior.

The investment by Y Intercept not only reflects their confidence in ZoomInfo’s current market positioning but also reveals their anticipation of promising future growth opportunities. The decision to acquire a stake in this dynamic company suggests an understanding of the transformative impact that ZoomInfo’s innovative platform can have on businesses across various industries. As the global business landscape becomes increasingly competitive and complex, companies that embrace data-driven strategies are likely to thrive, making ZoomInfo Technologies a compelling investment avenue.

Looking ahead, it will be intriguing to witness how Y Intercept’s strategic investment in ZoomInfo Technologies unfolds. As both companies strive to capitalize on emerging trends and offer invaluable solutions for organizations worldwide, synergies between their respective expertise may pave the way for mutual growth and success. With a steadfast focus on go-to-market intelligence and strategic engagement, ZoomInfo Technologies is primed to spearhead the next wave of revolution in the sales and marketing arena.

In conclusion,Y Intercept Hong Kong Ltd’s recent acquisition of a stake in ZoomInfo Technologies Inc. demonstrates both their shrewdness as investors and their recognition of the tremendous potential within the dynamic technology sector. This move symbolizes a significant step forward for not only Y Intercept but also for ZoomInfo as it gains substantial support from an influential industry player. Augmented by Y Intercept’s resources and strategic guidance, ZoomInfo Technologies may soon solidify its position as a trailblazer in shaping the future of go-to-market intelligence and engagement platforms worldwide.

Note: All information mentioned here is based on publicly available sources as of August 12, 2023.

Growing Interest in ZoomInfo Technologies Signals Potential for Future Success

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ZoomInfo Technologies Inc., a leading provider of go-to-market intelligence and engagement platforms, has been experiencing significant movement in its stock ownership. Several institutional investors have made notable modifications to their holdings of ZoomInfo Technologies, indicating a growing interest in the company’s potential for future success.

One such investor is CI Investments Inc., which increased its stake in ZoomInfo Technologies by an impressive 123.2% during the fourth quarter. The company now owns 819 shares of the stock, valued at $25,000, after purchasing an additional 452 shares. Compagnie Lombard Odier SCmA also acquired a new position in ZoomInfo Technologies during the same period, with a value of $35,000.

Parallel Advisors LLC saw a substantial boost in its position in ZoomInfo Technologies as well. The firm’s investment increased by 84.5% during the fourth quarter, and they now own 1,199 shares worth $36,000 after purchasing an additional 549 shares. HighMark Wealth Management LLC also entered the arena as a new investor during the first quarter with a stake worth $41,000.

Private Trust Co. NA witnessed a noteworthy increase of 102.9% in their position during the first quarter. They now hold 2,051 shares valued at $51,000 after acquiring an additional 1,040 shares. It is important to note that approximately 81.77% of ZoomInfo Technologies’ stock is owned by institutional investors and hedge funds.

This surge in interest among institutional investors can be attributed to several reasons. Firstly, ZoomInfo Technologies offers an innovative cloud-based platform that provides valuable information on organizations and professionals. This platform allows sales and marketing teams to identify target customers and decision makers efficiently.

Additionally, ZoomInfo Technologies provides continually updated predictive lead and company scoring data, enabling users to monitor buying signals and other attributes of target companies effectively. The platform also includes features that facilitate message crafting, engagement through automated sales tools, and the tracking of progress throughout the deal cycle.

Despite this positive development, ZoomInfo Technologies has faced variations in its stock’s performance. Several research reports by esteemed financial institutions have recently been released, shedding light on this matter. Truist Financial and Royal Bank of Canada both decreased their price objectives for ZoomInfo Technologies’ shares. Furthermore, Wolfe Research lowered its rating for the company from “outperform” to “peer perform.”

On a more optimistic note, Canaccord Genuity Group maintained their buy rating on ZoomInfo Technologies but reduced their target price. Credit Suisse Group also lowered its price target; however, it still assigns an “outperform” rating for the company. In summary, six research analysts have rated ZoomInfo Technologies’ stock as a hold while thirteen have given it a buy rating.

Based on data from Bloomberg, the average rating for ZoomInfo Technologies is currently categorized as “Moderate Buy,” with an average target price of $29.65 per share.

As of August 12th, shares of ZI opened at $18.21. The company’s fifty-day moving average stands at $25.06, while its 200-day moving average is $24.45. Over the past twelve months, ZoomInfo Technologies has seen a low of $18.00 and a high of $51.86 per share.

In terms of financials, the company boasts a market capitalization of $7.31 billion and a PE ratio of 61.34. Its price-to-earnings-growth ratio is evaluated at 2.46 and has a beta coefficient of 0.93.

It should be noted that during recent news updates related to insiders trading ZoomInfo Technologies’ stock, CFO Peter Cameron Hyzer sold 10,000 shares on July 5th valued at approximately $254,600. Following the sale, his direct ownership of the company amounts to 1,185,565 shares, with a total value of $30,184,484.90.

Similar to Hyzer’s transaction, COO Joseph Christopher Hays also sold 30,000 shares on June 20th for approximately $794,700. After this sale, he directly owns 551,456 shares valued at $14,608,069.44.

In the last three months alone, insiders have completed sales amounting to 2,080,000 shares of ZoomInfo Technologies stock worth $55,104,800. As a result of these transactions by insiders and executives within the company’s leadership team structure, approximately 8.10% of the stock now belongs to the insiders themselves.

In conclusion, ZoomInfo Technologies Inc., with its go-to-market intelligence and engagement platform for efficient sales and marketing operations in the US and globally is attracting significant attention from institutional investors. While recent research reports have shown mixed opinions regarding ZoomInfo Technologies’ stock performance and price targets from various financial institutions; the company continues to offer innovative solutions and tools that could enhance businesses’ ability to identify target customers effectively. As always when investing in publicly traded companies or stocks in general; it is important for investors to conduct thorough analysis and consider multiple