SCHEDULE: FMR LLC Discloses 5.7% Stake in ZoomInfo Technologies

FMR LLC and Abigail P. Johnson have disclosed a beneficial ownership of 5.7% in ZoomInfo Technologies Inc., totaling over 18.6 million common shares.

Summary

• FMR LLC and Abigail P. Johnson reported beneficial ownership of 18,648,190.15 shares of ZoomInfo Technologies Inc. common stock.
• This represents 5.7% of the total outstanding common stock of ZoomInfo Technologies Inc.
• The beneficial ownership was reported as of June 30, 2025.
• FMR LLC holds sole voting power over 18,632,914.00 shares and sole dispositive power over 18,648,190.15 shares.
• Abigail P. Johnson, as a control person of FMR LLC, is deemed to beneficially own the same aggregate amount of shares.
• The shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the issuer.

Sentiment

Score: 7

Explanation: The disclosure of a significant stake by a major institutional investor like FMR LLC is generally viewed as a positive signal, indicating confidence in the company's long-term prospects. The statement that the shares were acquired in the ordinary course of business and not for control purposes further reinforces a stable, long-term investment perspective.

Positives

• Significant institutional investment by FMR LLC, a major asset manager, signals confidence in ZoomInfo Technologies Inc.
• The acquisition of shares was stated to be in the ordinary course of business, indicating a long-term investment perspective rather than an activist stance.

Risks

• The filing itself does not detail specific risks related to ZoomInfo Technologies Inc.'s operations or financial health. It only states that the shares were not acquired for the purpose of changing or influencing control, which mitigates a potential risk of activist investor intervention.

Industry Context

This Schedule 13G filing indicates a significant passive investment by a major institutional asset manager, FMR LLC (Fidelity), in ZoomInfo Technologies Inc. Such filings are common and reflect the ongoing portfolio management activities of large investment firms. For ZoomInfo, this signifies continued institutional interest and confidence in its business model within the competitive B2B data and intelligence software industry.

Comparison to Industry Standards

• Institutional ownership of publicly traded companies like ZoomInfo Technologies Inc. is standard practice for large asset managers such as FMR LLC.
• A 5.7% stake is a notable position, indicating a significant allocation within FMR's managed funds.
• The presence of a major institutional investor like Fidelity is generally viewed positively, aligning with typical investment patterns seen in established technology and software companies.

Related Party Transactions

• Abigail P. Johnson, as a Director, Chairman, and CEO of FMR LLC, and a predominant owner of FMR LLC's Series B voting common shares (representing 49% of the voting power), is deemed to be part of a controlling group with respect to FMR LLC, and thus beneficially owns the same shares as FMR LLC.

Stakeholder Impact

• Shareholders: Increased institutional ownership may enhance investor confidence and potentially contribute to stock stability or positive sentiment.
• Management: The filing indicates a passive investment, suggesting no immediate intent to influence company control, which allows management to continue executing its strategy without activist pressure from this specific investor.
• Employees/Customers/Suppliers/Creditors: No direct impact from this ownership disclosure.

Key Dates

Recommendation

The filing indicates a significant, passive institutional investment by FMR LLC in ZoomInfo Technologies Inc. This suggests a vote of confidence from a major asset manager, which is generally a positive signal. However, a Schedule 13G filing primarily discloses ownership and does not provide new financial performance data or strategic updates that would warrant a 'buy' or 'sell' recommendation. The 'hold' recommendation reflects the positive signal of institutional interest without new fundamental information to change an existing investment thesis.

Keywords

ZoomInfo Technologies, FMR LLC, Abigail P. Johnson, Beneficial Ownership, Institutional Investment, Common Stock, SEC Filing, Schedule 13G, ZI