ZoomInfo Technologies Inc. (NASDAQ:GTM – Get Free Report) hit a new 52-week low during mid-day trading on Thursday . The company traded as low as $2.59 and last traded at $2.7140, with a volume of 657110 shares traded. The stock had previously closed at $2.70.
Analysts Set New Price Targets
A number of analysts have recently issued reports on GTM shares. JPMorgan Chase & Co. reduced their price objective on shares of ZoomInfo Technologies from $12.00 to $11.00 and set an “overweight” rating for the company in a research note on Tuesday, May 12th. Wells Fargo & Company cut their target price on shares of ZoomInfo Technologies from $6.00 to $3.50 and set an “underweight” rating for the company in a research note on Tuesday, May 12th. UBS Group cut their target price on shares of ZoomInfo Technologies from $8.50 to $5.00 and set a “neutral” rating for the company in a research note on Tuesday, May 12th. Bank of America reaffirmed an “underperform” rating and set a $4.00 target price on shares of ZoomInfo Technologies in a research note on Tuesday, May 19th. Finally, Citigroup cut their target price on shares of ZoomInfo Technologies from $5.00 to $4.00 and set a “sell” rating for the company in a research note on Wednesday, May 13th. One research analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and seven have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus price target of $6.09.
Check Out Our Latest Report on GTM
ZoomInfo Technologies Stock Up 4.9%
ZoomInfo Technologies (NASDAQ:GTM – Get Free Report) last issued its quarterly earnings data on Monday, May 11th. The company reported $0.28 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.10. ZoomInfo Technologies had a net margin of 10.10% and a return on equity of 17.43%. The business had revenue of $310.20 million during the quarter. During the same period in the previous year, the business earned $0.23 earnings per share. The business’s quarterly revenue was up 1.5% on a year-over-year basis. 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, equities research analysts forecast that ZoomInfo Technologies Inc. will post 0.81 earnings per share for the current year.
Insiders Place Their Bets
In other ZoomInfo Technologies news, General Counsel Ashley Mcgrane sold 6,959 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 $40,849.33. Following the completion of the transaction, 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 position. The sale was disclosed in a filing with the SEC, which is available at this link. Also, CRO James M. Roth sold 35,723 shares of the firm’s stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $5.87, for a total transaction of $209,694.01. Following the completion of the sale, the executive owned 139,795 shares of the company’s stock, valued at $820,596.65. This trade represents a 20.35% decrease in their position. The SEC filing for this sale provides additional information. Corporate insiders own 9.90% of the company’s stock.
Institutional Investors Weigh In On ZoomInfo Technologies
Institutional investors have recently made changes to their positions in the company. Global Retirement Partners LLC bought a new stake in shares of ZoomInfo Technologies in the 4th quarter worth about $26,000. Fifth Third Bancorp bought a new stake in shares of ZoomInfo Technologies in the 4th quarter worth about $29,000. Covestor Ltd bought a new stake in shares of ZoomInfo Technologies in the 4th quarter worth about $34,000. Allworth Financial LP bought a new stake in shares of ZoomInfo Technologies in the 3rd quarter worth about $40,000. Finally, Parallel Advisors LLC bought a new stake in shares of ZoomInfo Technologies in the 4th quarter worth about $40,000. 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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