$ZI’s Upcoming Earnings Report: Key Insights and Analyst Ratings

$ZI ($ZI) is set to release its quarterly earnings data on Monday, May 12th, following the market’s close, according to Finnhub. Analysts anticipate revenue of $304,162,584 and earnings of $0.23 per share.

Insider Trading Activity for $ZI

In the last six months, $ZI insiders have executed five open market trades, comprising one purchase and four sales. Here’s a detailed look at recent transactions:

• David Randall Winn: 0 purchases, 2 sales—sold 500,000 shares for an estimated $5,523,229.
• Henry Schuck (CEO): Purchased 492,500 shares for an estimated $5,049,750.
• James M Roth (Chief Revenue Officer): Sold 30,000 shares for an estimated $357,369.
• Ali Dasdan (Chief Technology Officer): Sold 4,898 shares for an estimated $53,911.

Hedge Fund Activity Surrounding $ZI

Currently, 189 institutional investors have added shares of $ZI to their portfolios, while 171 have reduced their holdings in the most recent quarter. Below are some significant recent moves:

• Morgan Stanley: Added 17,616,611 shares (+249.3%) in Q4 2024, estimated value of $185,150,581.
• FMR LLC: Removed 16,115,171 shares (-48.8%) in Q4 2024, estimated value of $169,370,447.
• Dragoneer Investment Group, LLC: Removed 15,796,734 shares (-71.4%) in Q4 2024, estimated value of $166,023,674.
• Carlyle Group Inc.: Removed 11,665,307 shares (-100.0%) in Q4 2024, estimated value of $122,602,376.
• Jericho Capital Asset Management L.P.: Added 11,096,283 shares (+inf%) in Q4 2024, estimated value of $116,621,934.
• Tiger Global Management LLC: Removed 9,359,311 shares (-100.0%) in Q4 2024, estimated value of $98,366,358.
• Sachem Head Capital Management LP: Added 8,335,000 shares (+inf%) in Q4 2024, estimated value of $87,600,850.

Recent Analyst Ratings for $ZI

In recent months, Wall Street analysts have evaluated $ZI, with 0 firms issuing buy ratings and 2 firms providing sell ratings. Here are the specific ratings:

• KeyBanc: “Underweight” rating issued on 12/12/2024.
• Citigroup: “Sell” rating issued on 11/13/2024.

Price Targets for $ZI

Two analysts have set price targets for $ZI in the last six months, with a median target of $10.5. Recent targets include:

• Jackson Ader from KeyBanc: Target price of $10.0 as of 12/12/2024.
• Brent Bracelin from Piper Sandler: Target price of $11.0 as of 11/13/2024.

This article is not financial advice. Note that there may be inaccuracies due to mistakes in ticker-mapping and other anomalies.

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.