
Oppenheimer Asset Management Inc. Takes a $658K Stake in ZoomInfo Technologies Inc. (ZI)
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Investment firm Oppenheimer Asset Management Inc. boosted its holdings in ZoomInfo Technologies Inc. (NASDAQ: ZI) to 65,034 sharesâan increase of 16,835 shares, or about 34.9%, in the second quarter. The value of these holdings stood at approximately $658,000 by the end of the reporting period.
Other investment firms have also adjusted their stakes in ZoomInfo: for example, Parallel Advisors LLC elevated its position by 143.6% in the same quarter, now holding 3,199 shares valued at about $32,000.
ZoomInfo, known for its cloudâbased intelligence platform that helps sales and marketing teams identify target customers and decisionâmakers, opened trading at roughly $11.22. The company has a market capitalization near $3.84âŊbillion and a priceâtoâearnings (P/E) ratio of around 374.12.
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