In a report released today, Gil Luria from D.A. Davidson maintained a Hold rating on ZoomInfo Technologies (ZI – Research Report), with a price target of $13.00. The company’s shares opened today at $11.41.
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According to TipRanks, Luria is a 5-star analyst with an average return of 12.5% and a 53.39% success rate. Luria covers the Technology sector, focusing on stocks such as Nvidia, Datadog, and Microsoft.
In addition to D.A. Davidson, ZoomInfo Technologies also received a Hold from Scotiabank’s Allan Verkhovski in a report issued on February 27. However, on March 6, Needham maintained a Buy rating on ZoomInfo Technologies (NASDAQ: ZI).
Based on ZoomInfo Technologies’ latest earnings release for the quarter ending December 31, the company reported a quarterly revenue of $309.1 million and a net profit of $14.6 million. In comparison, last year the company earned a revenue of $316.4 million and had a GAAP net loss of $5.5 million
Based on the recent corporate insider activity of 40 insiders, corporate insider sentiment is negative on the stock. This means that over the past quarter there has been an increase of insiders selling their shares of ZI in relation to earlier this year. Last month, James M Roth, the Chief Revenue Officer of ZI sold 30,000.00 shares for a total of $357,300.00.
Read More on ZI:
- Positive Outlook for ZoomInfo Technologies: Buy Rating Justified by Strategic Initiatives and Growth Potential
- ZoomInfo Technologies call volume above normal and directionally bullish
- ZoomInfo’s Earnings Call: Optimism Amid Challenges
- ZoomInfo price target raised to $11 from $10.30 at Scotiabank
- ZoomInfo Technologies: Balancing Strong Q4 Performance with Growth Sustainability Concerns – Hold Rating Maintained