Bank of America Reaffirms “Underperform” Rating for ZoomInfo Technologies (NASDAQ:GTM)

ZoomInfo Technologies (NASDAQ:GTM)‘s stock had its “underperform” rating restated by equities research analysts at Bank of America in a research note issued on Tuesday,Benzinga reports. They presently have a $4.00 price objective on the stock. Bank of America‘s price target would suggest a potential upside of 5.12% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the company. Barclays reduced their target price on ZoomInfo Technologies from $8.00 to $5.00 and set an “equal weight” rating on the stock in a report on Wednesday, May 13th. Citigroup reduced their target price on shares of ZoomInfo Technologies from $5.00 to $4.00 and set a “sell” rating on the stock in a report on Wednesday, May 13th. Stifel Nicolaus reaffirmed a “hold” rating and issued a $4.00 price objective (down from $12.00) on shares of ZoomInfo Technologies in a research note on Tuesday, May 12th. Mizuho reaffirmed an “underperform” rating and issued a $3.00 price objective (down from $10.00) on shares of ZoomInfo Technologies in a research note on Wednesday, May 13th. Finally, Wall Street Zen lowered ZoomInfo Technologies from a “buy” rating to a “hold” rating in a research note on Sunday. Three investment analysts have rated the stock with a Buy rating, nine have given a Hold rating and seven have given a Sell rating to the company. Based on data from MarketBeat, the company has an average rating of “Reduce” and an average price target of $6.98.

ZoomInfo Technologies Price Performance

ZoomInfo Technologies stock traded down $0.12 during mid-day trading on Tuesday, hitting $3.81. The stock had a trading volume of 5,152,709 shares, compared to its average volume of 10,077,043. The firm has a market capitalization of $1.16 billion, a P/E ratio of 9.54, a P/E/G ratio of 1.32 and a beta of 1.04. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.89. The firm’s 50 day moving average is $5.82 and its 200 day moving average is $7.92. ZoomInfo Technologies has a one year low of $3.76 and a one year high of $12.51.

ZoomInfo Technologies (NASDAQ:GTM) last issued its earnings results on Monday, May 11th. The company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.10. ZoomInfo Technologies had a return on equity of 17.43% and a net margin of 10.10%.The company had revenue of $310.20 million for the quarter. During the same period last year, the business posted $0.23 EPS. The firm’s revenue for the quarter was up 1.5% compared to the same quarter last year. ZoomInfo Technologies has set its FY 2026 guidance at 1.100-1.120 EPS and its Q2 2026 guidance at 0.260-0.280 EPS. On average, sell-side analysts forecast that ZoomInfo Technologies will post 0.79 earnings per share for the current fiscal year.

Insider Buying and Selling

In related news, General Counsel Ashley Mcgrane sold 6,959 shares of the business’s stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $5.87, for a total transaction of $40,849.33. Following the transaction, the general counsel directly owned 76,872 shares in the company, valued at $451,238.64. The trade was a 8.30% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, CRO James M. Roth sold 35,723 shares of the business’s stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $5.87, for a total value of $209,694.01. Following the transaction, the executive owned 139,795 shares in the company, valued at approximately $820,596.65. This trade represents a 20.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold 44,727 shares of company stock valued at $262,834 in the last three months. 9.90% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On ZoomInfo Technologies

Several hedge funds and other institutional investors have recently modified their holdings of the stock. Fred Alger Management LLC grew its holdings in shares of ZoomInfo Technologies by 7.7% during the fourth quarter. Fred Alger Management LLC now owns 29,960 shares of the company’s stock valued at $305,000 after buying an additional 2,136 shares during the last quarter. Global Retirement Partners LLC purchased a new position in shares of ZoomInfo Technologies in the fourth quarter worth about $26,000. Fifth Third Bancorp purchased a new position in shares of ZoomInfo Technologies in the fourth quarter worth about $29,000. Covestor Ltd purchased a new position in shares of ZoomInfo Technologies in the fourth quarter worth about $34,000. Finally, Allworth Financial LP purchased a new position in shares of ZoomInfo Technologies in the third quarter worth about $40,000. 95.47% of the stock is owned by hedge funds and other institutional investors.

About ZoomInfo Technologies

ZoomInfo Technologies (NASDAQ:GTM) is a leading provider of go-to-market intelligence and sales engagement software designed to help organizations accelerate growth. The company offers a cloud-based platform that delivers comprehensive contact and company data, intent signals, and analytics to support prospecting, lead generation, and customer retention. Its solutions enable sales and marketing teams to identify and engage target accounts, personalize outreach, and optimize campaigns with real-time insights into buyer behavior and market trends.

Founded in 2007 and headquartered in Waltham, Massachusetts, ZoomInfo Technologies has expanded its global footprint across North America, Europe, and Asia–Pacific.