ZoomInfo Technologies Inc’s recent filing unveils that its Director Winn David Randall unloaded Company’s shares for reported $3.21 million on Dec 03 ’24. In the deal valued at $11.06 per share,290,541 shares were sold. As a result of this transaction, Winn David Randall now holds 1,266,807 shares worth roughly $13.28 million.
Then, Winn David Randall sold 209,459 shares, generating $2,309,265 in total proceeds. Upon selling the shares at $11.02, the Director now owns 1,057,348 shares.
Before that, Dasdan Ali sold 4,898 shares. ZoomInfo Technologies Inc shares valued at $53,912 were divested by the Chief Technology Officer at a price of $11.01 per share. As a result of the transaction, Dasdan Ali now holds 118,659 shares, worth roughly $1.24 million.
Piper Sandler downgraded its ZoomInfo Technologies Inc [ZI] rating to an Underweight from a a Neutral in a research note published on January 06, 2025; the price target was decreased to $10 from $11. A number of analysts have revised their coverage, including KeyBanc Capital Markets’s analysts, who decreased its forecast for the stock in mid December from “a Sector weight” to “an Underweight”. Scotiabank began covering ZI with “Sector perform” recommendation on November 19, 2024. Daiwa Securities revised its rating on August 13, 2024. It rated ZI as “a Neutral” which previously was an “an Outperform”.
Price Performance Review of ZI
On Monday, ZoomInfo Technologies Inc [NASDAQ:ZI] saw its stock fall -1.46% to $10.48. Over the last five days, the stock has lost -1.69%. ZoomInfo Technologies Inc shares have fallen nearly -0.29% since the year began. Nevertheless, the stocks have fallen -37.69% over the past one year. While a 52-week high of $18.69 was reached on 01/06/25, a 52-week low of $7.65 was recorded on 01/06/25. SMA at 50 days reached $10.88, while 200 days put it at $11.81.
Levels Of Support And Resistance For ZI Stock
The 24-hour chart illustrates a support level at 10.22, which if violated will result in even more drops to 9.96. On the upside, there is a resistance level at 10.80. A further resistance level may holdings at 11.13. The Relative Strength Index (RSI) on the 14-day chart is 46.19, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.17, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bearish at 82.78%. Stochastics %K at 20.37% indicates the stock is a holding.
How much short interest is there in ZoomInfo Technologies Inc?
A steep rise in short interest was recorded in ZoomInfo Technologies Inc stocks on 2024-12-13, dropping by -7.54 million shares to a total of 32.03 million shares. Yahoo Finance data shows the prior-month short interest on 2024-11-15 was 39.58 million shares. There was a decline of -23.55%, which implies that there is a negative sentiment for the stock.
