Today's Trend
ZoomInfo Technologies Inc. (NASDAQ: ZI) shares have risen today as investors digest a mix of analyst upgrades and recent SEC filings showing both new stakes and profit-taking by institutions.
- Analyst upgrades: Barclays lifted its price objective to $11 (from $9) with an “equal weight” rating, and Piper Sandler raised its target to $11 (from $8) while maintaining a neutral view. American Banking News also bumped targets first to $10 and then to $11.
- Institutional flows:
- RPD Fund Management initiated a sizeable position in Q4, acquiring 4.12 million shares (~$43.3 million).
- BNP Paribas Financial Markets opened a new stake of 368,220 shares.
- Offsetting buying activity, Man Group trimmed its holding by 24.4% (~942,000 shares), Comerica Bank sold 41.3% (~55,800 shares), and Centiva Capital cut nearly half its position (~27,580 shares).
- Growth outlook remains solid: A Seeking Alpha note highlighted that ZoomInfo’s growth-acceleration trajectory is intact, supported by the company’s Q1 2025 earnings call, which detailed continued subscription revenue expansion and margin improvement.
Strong analyst revisions combined with fresh institutional buying have driven ZI’s stock higher today, outweighing pockets of profit-taking.