Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. ZoomInfo Technologies Inc shares valued at $3,213,965 were sold by Winn David Randall on Dec 03 ’24. At $11.06 per share, Winn David Randall sold 290,541 shares. The insider’s holdings dropped to 1,266,807 shares worth approximately $12.17 million following the completion of this transaction.
Also, Winn David Randall sold 209,459 shares, netting a total of over 2,309,265 in proceeds. Following the sale of shares at $11.02 each, the insider now holds 1,057,348 shares.
Before that, Dasdan Ali had sold 4,898 shares from its account. In a trade valued at $53,912, the Chief Technology Officer traded ZoomInfo Technologies Inc shares for $11.01 each. Upon closing the transaction, the insider’s holdings decreased to 4,898 shares, worth approximately $1.14 million.
As published in a research note from Wells Fargo on January 07, 2025, ZoomInfo Technologies Inc [ZI] has been rated down from an Overweight to an Equal weight and the price target has been revised to $11 from $14. Analysts at Piper Sandler downgraded the stock from ‘”a Neutral”‘ to ‘”an Underweight”‘ outlook in a report released in early January. As of December 13, 2024, KeyBanc Capital Markets has decreased its “Sector weight” rating to a “an Underweight” for ZI. Earlier on November 19, 2024, Scotiabank initiated its rating. Their recommendation was “a Sector perform” for ZI stock.
Analyzing ZI Stock Performance
During the last five days, there has been a drop of approximately -8.56%. Over the course of the year, ZoomInfo Technologies Inc shares have dropped approximately -8.56%. Shares of the company reached a 52-week high of $10.87 on 01/06/25 and a 52-week low of $9.51 on 01/08/25. A 50-day SMA is recorded $10.86, while a 200-day SMA reached $11.75. Nevertheless, trading volume fell to 13.4 million shares from 8.46 million shares the previous day.
Support And Resistance Levels for ZoomInfo Technologies Inc (ZI)
According to the 24-hour chart, there is a support level at 9.39, which, if violated, would cause prices to drop to 9.16. In the upper region, resistance lies at 9.96. The next price resistance is at 10.30. RSI (Relative Strength Index) is 35.57 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at -0.45, which suggests the price will decrease in the coming days. Percent R is at 95.50%, indicating bearish price movement. Stochastics %K at buying indicates that the stock is to be held.
