Stock Traders Purchase High Volume of Call Options on ZoomInfo Technologies (NASDAQ:GTM)

ZoomInfo Technologies Inc. (NASDAQ:GTM) was the target of unusually large options trading on Wednesday. Traders acquired 8,532 call options on the company. This is an increase of approximately 124% compared to the typical daily volume of 3,801 call options.

ZoomInfo Technologies Stock Performance

Shares of NASDAQ GTM traded up $0.14 during trading hours on Wednesday, reaching $4.25. The stock had a trading volume of 1,319,158 shares, compared to its average volume of 9,136,105. The firm has a 50-day moving average of $3.92 and a 200-day moving average of $3.98. The firm has a market cap of $1.24 billion, a price-to-earnings ratio of -2.29, a PEG ratio of 0.61 and a beta of 0.87. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 1.52. ZoomInfo Technologies has a fifty-two week low of $2.54 and a fifty-two week high of $12.31.

ZoomInfo Technologies (NASDAQ:GTM) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.19 by $0.09. ZoomInfo Technologies had a positive return on equity of 20.16% and a negative net margin of 43.01%. The company had revenue of $310.40 million for the quarter. During the same period last year, the firm earned $0.25 EPS. The company’s quarterly revenue was up 1.2% on a year-over-year basis. ZoomInfo Technologies has set its FY 2026 guidance at 1.120-1.130 EPS and its Q3 2026 guidance at 0.280-0.290 EPS. Equities research analysts predict that ZoomInfo Technologies will post 0.83 earnings per share for the current year.

Insider Activity

In other news, CRO James Roth sold 20,773 shares of the stock in a transaction on Friday, October 2nd. The stock was sold at an average price of $3.70, for a total value of $76,860.10. Following the sale, the executive directly owned 270,507 shares in the company, valued at approximately $1,000,875.90. This trade represents a 7.13% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 28,362 shares of company stock valued at $106,623 in the last 90 days. 9.90% of the stock is currently owned by company insiders.

Hedge Funds Weigh In On ZoomInfo Technologies

Hedge funds have recently modified their holdings of the business. Range Financial Group LLC purchased a new stake in ZoomInfo Technologies in the 3rd quarter valued at $351,000. Nisa Investment Advisors LLC boosted its stake in ZoomInfo Technologies by 111.9% during the 3rd quarter. Nisa Investment Advisors LLC now owns 12,784 shares of the company’s stock worth $48,000 after purchasing an additional 6,750 shares during the period. Robeco Institutional Asset Management B.V. boosted its stake in ZoomInfo Technologies by 19.5% during the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 1,390,451 shares of the company’s stock worth $5,270,000 after purchasing an additional 226,857 shares during the period. Abel Hall LLC grew its position in ZoomInfo Technologies by 72.6% during the 3rd quarter. Abel Hall LLC now owns 26,064 shares of the company’s stock worth $99,000 after purchasing an additional 10,963 shares during the last quarter. Finally, Wedmont Private Capital grew its position in ZoomInfo Technologies by 76.1% during the 3rd quarter. Wedmont Private Capital now owns 21,988 shares of the company’s stock worth $84,000 after purchasing an additional 9,502 shares during the last quarter. 95.47% of the stock is currently owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

GTM has been the subject of several analyst reports. DA Davidson lowered their target price on ZoomInfo Technologies from $5.00 to $4.50 and set a “neutral” rating for the company in a research note on Thursday, August 6th. UBS Group decreased their price objective on ZoomInfo Technologies from $5.00 to $4.50 and set a “neutral” rating for the company in a research note on Thursday, August 6th. Wells Fargo & Company decreased their price objective on ZoomInfo Technologies from $3.50 to $3.00 and set an “underweight” rating for the company in a research note on Monday, July 20th. Stifel Nicolaus boosted their price objective on ZoomInfo Technologies from $3.50 to $4.00 and gave the stock a “hold” rating in a research report on Thursday, August 6th. Finally, Citigroup upped their target price on shares of ZoomInfo Technologies from $2.00 to $2.50 and gave the stock a “sell” rating in a research note on Friday, August 7th. One investment analyst has rated the stock with a Buy rating, ten have given a Hold rating and seven have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has an average rating of “Reduce” and an average target price of $5.93.

ZoomInfo Technologies Company Profile

ZoomInfo Technologies provides go-to-market intelligence and workflow solutions designed to help businesses identify, engage and convert potential customers. Its platform combines business and professional data with tools for sales, marketing and recruiting teams, supporting activities such as account research, lead generation, customer segmentation and outreach.

The company’s products include contact and company intelligence, sales and marketing automation, conversation intelligence, website visitor identification and intent-data capabilities.