ZoomInfo Technologies Inc. (NASDAQ:GTM – Get Free Report) reached a new 52-week low during trading on Friday . The company traded as low as $2.89 and last traded at $2.9050, with a volume of 3662775 shares changing hands. The stock had previously closed at $3.03.
Analyst Ratings Changes
A number of equities research analysts recently commented on the company. DA Davidson dropped their price objective on ZoomInfo Technologies from $7.00 to $5.00 and set a “neutral” rating for the company in a report on Tuesday, May 12th. Citigroup dropped their price objective on ZoomInfo Technologies from $5.00 to $4.00 and set a “sell” rating for the company in a report on Wednesday, May 13th. Bank of America restated an “underperform” rating and issued a $4.00 price target on shares of ZoomInfo Technologies in a report on Tuesday, May 19th. UBS Group lowered their price target on ZoomInfo Technologies from $8.50 to $5.00 and set a “neutral” rating for the company in a report on Tuesday, May 12th. Finally, Royal Bank Of Canada lowered their price target on ZoomInfo Technologies from $8.00 to $7.00 and set an “underperform” rating for the company in a report on Tuesday, February 10th. One analyst has rated the stock with a Buy rating, ten have issued a Hold rating and seven have assigned a Sell rating to the stock. Based on data from MarketBeat.com, ZoomInfo Technologies has an average rating of “Reduce” and an average target price of $6.09.
ZoomInfo Technologies Stock Down 2.5%
ZoomInfo Technologies (NASDAQ:GTM – Get Free Report) last posted its quarterly earnings data on Monday, May 11th. The company reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.18 by $0.10. The company had revenue of $310.20 million during the quarter. ZoomInfo Technologies had a return on equity of 17.43% and a net margin of 10.10%.The firm’s quarterly revenue was up 1.5% on a year-over-year basis. During the same period in the prior year, the company earned $0.23 earnings per share. 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. As a group, sell-side analysts anticipate that ZoomInfo Technologies Inc. will post 0.81 earnings per share for the current fiscal year.
Insider Activity
In other news, General Counsel Ashley Mcgrane sold 6,959 shares of the firm’s stock in a transaction that occurred 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 sale, the general counsel directly owned 76,872 shares of the company’s stock, valued at $451,238.64. This trade represents a 8.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, Director Domenic Maida bought 27,500 shares of the stock in a transaction dated Tuesday, May 26th. The shares were purchased at an average price of $3.60 per share, for a total transaction of $99,000.00. Following the purchase, the director owned 66,342 shares of the company’s stock, valued at $238,831.20. This trade represents a 70.80% increase in their position. The disclosure for this purchase is available in the SEC filing. Insiders sold a total of 44,727 shares of company stock valued at $262,834 over the last three months. Insiders own 9.90% of the company’s stock.
Hedge Funds Weigh In On ZoomInfo Technologies
A number of large investors have recently made changes to their positions in GTM. Advisory Services Network LLC bought a new position in shares of ZoomInfo Technologies during the third quarter worth approximately $105,000. EMC Capital Management bought a new position in shares of ZoomInfo Technologies during the third quarter worth approximately $76,000. CIBC Private Wealth Group LLC bought a new position in shares of ZoomInfo Technologies during the third quarter worth approximately $5,419,000. JPMorgan Chase & Co. bought a new position in shares of ZoomInfo Technologies during the third quarter worth approximately $74,670,000. Finally, Swiss Life Asset Management Ltd bought a new position in shares of ZoomInfo Technologies during the third quarter worth approximately $140,000. Institutional investors own 95.47% of the company’s stock.
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.
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