ZoomInfo Technologies Inc. (NASDAQ:GTM – Get Free Report) CFO Michael Graham O’brien sold 5,000 shares of the stock in a transaction on Friday, October 9th. The shares were sold at an average price of $4.00, for a total value of $20,000.00. Following the completion of the sale, the chief financial officer owned 329,132 shares of the company’s stock, valued at $1,316,528. The trade was a 1.50% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
ZoomInfo Technologies Stock Performance
NASDAQ GTM opened at $4.08 on Friday. The company has a market capitalization of $1.19 billion, a price-to-earnings ratio of 4.65, a PEG ratio of 0.61 and a beta of 0.87. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 1.52. ZoomInfo Technologies Inc. has a twelve month low of $2.54 and a twelve month high of $12.31. The stock has a fifty day simple moving average of $3.93 and a 200 day simple moving average of $4.03.
ZoomInfo Technologies (NASDAQ:GTM – Get Free Report) last announced its 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 firm had revenue of $310.40 million for the quarter. During the same period in the previous year, the firm posted $0.25 earnings per share. The firm’s quarterly revenue was up 1.2% compared to the same quarter last year. 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. Sell-side analysts expect that ZoomInfo Technologies Inc. will post 0.83 EPS for the current year.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the company. RPD Fund Management LLC grew its stake in ZoomInfo Technologies by 78.6% in the first quarter. RPD Fund Management LLC now owns 17,199,109 shares of the company’s stock valued at $102,851,000 after acquiring an additional 7,570,791 shares during the period. Dimensional Fund Advisors LP raised its position in shares of ZoomInfo Technologies by 24.7% during the first quarter. Dimensional Fund Advisors LP now owns 15,100,675 shares of the company’s stock worth $90,302,000 after purchasing an additional 2,992,276 shares during the period. Sachem Head Capital Management LP acquired a new position in shares of ZoomInfo Technologies during the fourth quarter worth approximately $150,465,000. Quantinno Capital Management LP lifted its holdings in shares of ZoomInfo Technologies by 127.7% in the 1st quarter. Quantinno Capital Management LP now owns 4,144,952 shares of the company’s stock worth $24,787,000 after purchasing an additional 2,324,381 shares in the last quarter. Finally, Bank of America Corp DE lifted its holdings in shares of ZoomInfo Technologies by 81.1% in the 1st quarter. Bank of America Corp DE now owns 1,898,951 shares of the company’s stock worth $11,356,000 after purchasing an additional 850,386 shares in the last quarter. Institutional investors own 95.47% of the company’s stock.
Wall Street Analysts Forecast Growth
Several brokerages recently commented on GTM. Stifel Nicolaus upped their target price on ZoomInfo Technologies from $3.50 to $4.00 and gave the company a “hold” rating in a report on Thursday, August 6th. Wells Fargo & Company lowered their price target on shares of ZoomInfo Technologies from $3.50 to $3.00 and set an “underweight” rating for the company in a report on Monday, July 20th. Citigroup boosted their price target on shares of ZoomInfo Technologies from $2.00 to $2.50 and gave the stock a “sell” rating in a research report on Friday, August 7th. UBS Group dropped their price target on shares of ZoomInfo Technologies from $5.00 to $4.50 and set a “neutral” rating on the stock in a research report on Thursday, August 6th. Finally, DA Davidson reduced their price objective on shares of ZoomInfo Technologies from $5.00 to $4.50 and set a “neutral” rating on the stock in a research note on Thursday, August 6th. One analyst has rated the stock with a Buy rating, ten have issued a Hold rating and seven have issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Reduce” and an average price target of $5.93.
Get Our Latest Stock Report on ZoomInfo Technologies
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.
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