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Henry Schuck Bought 3.3% More Shares In ZoomInfo Technologies

Simply Wall St ·  Nov 21 06:15

Those following along with ZoomInfo Technologies Inc. (NASDAQ:ZI) will no doubt be intrigued by the recent purchase of shares by Henry Schuck, Founder of the company, who spent a stonking US$5.0m on stock at an average price of US$10.25. While that only increased their holding size by 3.3%, it is still a big swing by our standards.

The Last 12 Months Of Insider Transactions At ZoomInfo Technologies

In fact, the recent purchase by Founder Henry Schuck was not their only acquisition of ZoomInfo Technologies shares this year. Earlier in the year, they paid US$8.49 per share in a US$13m purchase. Even though the purchase was made at a significantly lower price than the recent price (US$10.62), we still think insider buying is a positive. While it does suggest insiders consider the stock undervalued at lower prices, this transaction doesn't tell us much about what they think of current prices.

Henry Schuck purchased 1.99m shares over the year. The average price per share was US$8.93. The chart below shows insider transactions (by companies and individuals) over the last year. If you want to know exactly who sold, for how much, and when, simply click on the graph below!

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NasdaqGS:ZI Insider Trading Volume November 21st 2024

ZoomInfo Technologies is not the only stock that insiders are buying. For those who like to find small cap companies at attractive valuations, this free list of growing companies with recent insider purchasing, could be just the ticket.

Insider Ownership

Many investors like to check how much of a company is owned by insiders. We usually like to see fairly high levels of insider ownership. ZoomInfo Technologies insiders own 4.0% of the company, currently worth about US$137m based on the recent share price. Most shareholders would be happy to see this sort of insider ownership, since it suggests that management incentives are well aligned with other shareholders.

So What Do The ZoomInfo Technologies Insider Transactions Indicate?

It is good to see the recent insider purchase. And an analysis of the transactions over the last year also gives us confidence. Along with the high insider ownership, this analysis suggests that insiders are quite bullish about ZoomInfo Technologies. One for the watchlist, at least! While it's good to be aware of what's going on with the insider's ownership and transactions, we make sure to also consider what risks are facing a stock before making any investment decision. You'd be interested to know, that we found 3 warning signs for ZoomInfo Technologies and we suggest you have a look.

If you would prefer to check out another company -- one with potentially superior financials -- then do not miss this free list of interesting companies, that have HIGH return on equity and low debt.

For the purposes of this article, insiders are those individuals who report their transactions to the relevant regulatory body. We currently account for open market transactions and private dispositions of direct interests only, but not derivative transactions or indirect interests.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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