IFP Advisors Inc Decreases Stake in ZoomInfo Technologies by 66.9% in Q1

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ZOOMINFO ($NASDAQ:ZI): ZoomInfo Technologies Inc. is a data-as-a-service provider offering cloud-based business intelligence solutions for sales and marketing teams. In its most recent 13F filing with the SEC, IFP Advisors Inc revealed a 66.9% decrease in its ownership of ZoomInfo Technologies Inc. shares. It is unclear at this time why IFP Advisors Inc chose to reduce its stake in ZoomInfo, though it could be an indication that the company is not as confident in the stock’s performance potential as it was before.

Analysis

At GoodWhale, we have conducted a detailed analysis of ZOOMINFO TECHNOLOGIES‘ fundamentals. According to our Star Chart classification, ZOOMINFO TECHNOLOGIES falls into the ‘cheetah’ category, meaning it has achieved high revenue or earnings growth but is considered less stable due to lower profitability. This would make it a good target for investors who are looking for high potential but are willing to take on the greater risk of volatility. We have also given ZOOMINFO TECHNOLOGIES a health score of 8/10 with regards to its cashflows and debt, indicating that it is capable of sustaining operations in times of crisis. While it has strong growth prospects, it is medium in profitability and weak in assets and dividends. For investors who are looking for high returns but are comfortable taking on higher risk, ZOOMINFO TECHNOLOGIES may be an attractive opportunity. More…

About the Company

Income Snapshot

Below shows the total revenue, net income and net margin for Zoominfo Technologies. More…

Cash Flow Snapshot

Below shows the cash from operations, investing and financing for Zoominfo Technologies. More…

Balance Sheet Snapshot

Below shows the total assets, liabilities and book value per share for Zoominfo Technologies. More…

Key Ratios Snapshot

Some of the financial key ratios for Zoominfo Technologies are shown below. More…

Peers

Its competitors include Salesforce Inc, Snowflake Inc, Microsoft Corp.

– Salesforce Inc ($NYSE:CRM)

Salesforce is a cloud-based customer relationship management software company. They offer a variety of software solutions for businesses of all sizes, including Sales Cloud, Service Cloud, Marketing Cloud, Commerce Cloud, and more. Their products are designed to help businesses automate and streamline their sales, marketing, customer service, and commerce processes. Salesforce has a market cap of $162.59B as of 2022 and a Return on Equity of 0.08%.

– Snowflake Inc ($NYSE:SNOW)

Snowflake Inc is a data warehouse company that focuses on cloud-based data warehousing. The company has a market cap of 51.3B as of 2022 and a Return on Equity of -8.11%. Snowflake was founded in 2012 and is headquartered in San Mateo, California. The company went public in September 2020.

– Microsoft Corp ($NASDAQ:MSFT)

Microsoft Corporation is an American multinational technology company with a market cap of 1.7 trillion as of April 2021. It develops, manufactures, licenses, supports, and sells computer software, consumer electronics, personal computers, and services. Its best known software products are the Microsoft Windows line of operating systems, the Microsoft Office suite, and the Internet Explorer and Edge web browsers. Its flagship hardware products are the Xbox video game consoles and the Microsoft Surface lineup of tablets, laptops, and desktop computers. The company also has a cloud computing division called Azure and a professional social network LinkedIn.

Summary

This is a significant move for investors to consider, as it suggests a bearish outlook on the company’s performance. Analysts suggest doing further research on the company to evaluate if it is a good investment, taking into account current market conditions and trends. Performance metrics such as revenue growth and return on investment should be considered to determine if ZoomInfo Technologies Inc. is a worthy investment.