Kestrel Investment Management Corp purchased a new position in shares of ZoomInfo Technologies Inc. (NASDAQ:GTM – Free Report) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm purchased 551,600 shares of the company’s stock, valued at approximately $5,610,000. ZoomInfo Technologies accounts for approximately 3.2% of Kestrel Investment Management Corp’s portfolio, making the stock its 12th biggest holding.
A number of other hedge funds have also bought and sold shares of the business. Crossmark Global Holdings Inc. bought a new stake in ZoomInfo Technologies during the fourth quarter worth $196,000. Crestwood Advisors Group LLC bought a new stake in ZoomInfo Technologies during the fourth quarter worth $190,000. Sequoia Financial Advisors LLC bought a new stake in ZoomInfo Technologies during the fourth quarter worth $206,000. SBI Securities Co. Ltd. bought a new stake in ZoomInfo Technologies during the fourth quarter worth $192,000. Finally, Hussman Strategic Advisors Inc. bought a new stake in ZoomInfo Technologies during the fourth quarter worth $1,495,000. 95.47% of the stock is currently owned by institutional investors.
Analyst Upgrades and Downgrades
A number of brokerages recently commented on GTM. Piper Sandler dropped their price target on ZoomInfo Technologies from $8.00 to $7.00 and set a “neutral” rating on the stock in a report on Tuesday, April 14th. Citizens Jmp lowered ZoomInfo Technologies from a “market perform” rating to a “mkt underperform” rating and set a $6.00 price target on the stock. in a report on Tuesday, February 10th. DA Davidson lowered their target price on ZoomInfo Technologies from $13.00 to $7.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 11th. Wall Street Zen upgraded ZoomInfo Technologies from a “hold” rating to a “buy” rating in a research note on Saturday. Finally, Morgan Stanley lowered their target price on ZoomInfo Technologies from $13.00 to $9.00 and set an “equal weight” rating on the stock in a research note on Tuesday, February 10th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, seven have given a Hold rating and four have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $9.05.
Insider Buying and Selling at ZoomInfo Technologies
In other news, General Counsel Ashley Mcgrane sold 6,959 shares of ZoomInfo Technologies stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $5.87, for a total value of $40,849.33. Following the completion of the transaction, the general counsel directly owned 76,872 shares in the company, valued at approximately $451,238.64. The trade was a 8.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CRO James M. Roth sold 35,723 shares of ZoomInfo Technologies stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $5.87, for a total value of $209,694.01. Following the completion of the transaction, the executive owned 139,795 shares of the company’s stock, valued at approximately $820,596.65. This trade represents a 20.35% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last quarter, insiders sold 44,727 shares of company stock valued at $262,834. 9.90% of the stock is owned by company insiders.
ZoomInfo Technologies Stock Performance
Shares of GTM opened at $6.38 on Friday. The firm has a market cap of $1.95 billion, a PE ratio of 16.79, a PEG ratio of 1.86 and a beta of 1.04. The stock’s fifty day moving average price is $6.05 and its two-hundred day moving average price is $8.23. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.72 and a quick ratio of 0.72. ZoomInfo Technologies Inc. has a 1 year low of $5.15 and a 1 year high of $12.51.
ZoomInfo Technologies (NASDAQ:GTM – Get Free Report) last issued its earnings results on Monday, February 9th. The company reported $0.32 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.20 by $0.12. The firm had revenue of $319.10 million for the quarter. ZoomInfo Technologies had a return on equity of 16.32% and a net margin of 9.94%.The business’s quarterly revenue was up 3.2% compared to the same quarter last year. During the same quarter in the previous year, the firm earned $0.26 earnings per share. ZoomInfo Technologies has set its Q1 2026 guidance at 0.250-0.270 EPS and its FY 2026 guidance at 1.100-1.120 EPS. On average, equities research analysts forecast that ZoomInfo Technologies Inc. will post 0.79 EPS for the current year.
ZoomInfo Technologies Company Profile
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.
See Also
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