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Riverbridge Partners LLC reduced its stake in ZoomInfo Technologies Inc. by 15.6% in the third quarter, resulting in ownership of 1,366,300 shares worth $22,407,000. Several other hedge funds have also made adjustments to their holdings of ZI. Given these changes, ZoomInfo Technologies stock opened at $18.68 on Friday and has fluctuated between a 1-year low of $12.36 and a 1-year high of $31.05. The company reported earnings of $0.16 per share for the most recent quarter, surpassing analysts’ estimates. However, Wall Street analysts have provided varying ratings for the stock, with some decreasing their target prices and others dropping their ratings from “buy” to “neutral.” Despite this, the consensus rating for the stock is still “Moderate Buy” with a price target of $22.65. Additionally, a company insider sold over 5,000 shares at an average price of $14.69. Finally, ZoomInfo Technologies Inc. offers a cloud-based platform that provides go-to-market intelligence and engagement for sales and marketing teams. Given all of these developments, investors may want to consider the opinions of top-rated analysts before purchasing ZoomInfo Technologies stock.



Original: Riverbridge Partners LLC Has $22.41 Million Holdings in ZoomInfo Technologies Inc. (NASDAQ:ZI)