2023-05-16 14:17:06 ET
- ZoomInfo Technologies ( NASDAQ: ZI ) rose 4% amid speculation the company may be an activist target after a 13F filing.
- Morgan Stanley added 6.55 million shares of ZoomInfo ( ZI ) in Q1, according to its 13F filing, which was highlighted by Gordon Haskett's Don Bilson in a note on Tuesday.
- The Morgan Stanley purchases may be considered noteworthy as prime brokerage sometimes acts as counterparties for activist swap positions.
- ZoomInfo ( ZI ) shares have gained 3.7% since the company went public in June 2020.
- ZoomInfo's ( ZI ) annual meeting is scheduled for Wednesday and the company is scheduled to present at the JPMorgan Global Technology, Media and Communications Conference next Wednesday.
- ZoomInfo ( ZI ) reported Q1 results earlier this month.
For further details see:
ZoomInfo gains amid activist investor speculation with 13F filing