ZoomInfo Technologies (NASDAQ:GTM) Stock Price Up 6.5% – Here’s What Happened

ZoomInfo Technologies Inc. (NASDAQ:GTM) traded up 6.5% during trading on Thursday . The stock traded as high as $3.02 and last traded at $3.0260. 5,117,173 shares changed hands during trading, a decline of 53% from the average session volume of 10,890,552 shares. The stock had previously closed at $2.84.

Wall Street Analyst Weigh In

A number of equities research analysts recently weighed in on the company. UBS Group dropped their price target on ZoomInfo Technologies from $8.50 to $5.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 12th. Canaccord Genuity Group downgraded shares of ZoomInfo Technologies from a “buy” rating to a “hold” rating and decreased their price objective for the company from $12.00 to $5.00 in a report on Tuesday, May 12th. BTIG Research restated a “neutral” rating on shares of ZoomInfo Technologies in a research note on Tuesday, May 12th. Citizens Jmp reduced their target price on shares of ZoomInfo Technologies from $6.00 to $2.50 and set a “market underperform” rating for the company in a report on Tuesday, May 12th. Finally, Mizuho reissued an “underperform” rating and issued a $3.00 price target (down from $10.00) on shares of ZoomInfo Technologies in a report on Wednesday, May 13th. One analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and seven have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, ZoomInfo Technologies has a consensus rating of “Reduce” and a consensus price target of $6.09.

ZoomInfo Technologies Stock Performance

The company has a debt-to-equity ratio of 0.89, a current ratio of 0.69 and a quick ratio of 0.69. The stock’s 50-day moving average price is $3.85 and its 200-day moving average price is $6.24. The company has a market cap of $881.21 million, a P/E ratio of 7.48, a PEG ratio of 0.56 and a beta of 0.87.

ZoomInfo Technologies (NASDAQ:GTM) last posted its quarterly earnings data on Monday, May 11th. The company reported $0.28 earnings per share (EPS) for the quarter, beating 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 firm had revenue of $310.20 million during the quarter. During the same period in the prior year, the firm earned $0.23 EPS. The business’s revenue for the quarter 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. Equities analysts anticipate that ZoomInfo Technologies Inc. will post 0.81 EPS for the current year.

Insider Activity

In related news, Director Domenic Maida purchased 27,500 shares of ZoomInfo Technologies stock in a transaction that occurred on Tuesday, May 26th. The shares were acquired at an average price of $3.60 per share, with a total value of $99,000.00. Following the completion of the transaction, the director directly owned 66,342 shares of the company’s stock, valued at $238,831.20. This represents a 70.80% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 9.90% of the company’s stock.

Institutional Trading of ZoomInfo Technologies

Institutional investors have recently modified their holdings of the stock. Fred Alger Management LLC increased its position in shares of ZoomInfo Technologies by 7.7% in the fourth quarter. Fred Alger Management LLC now owns 29,960 shares of the company’s stock worth $305,000 after purchasing an additional 2,136 shares during the period. Global Retirement Partners LLC acquired a new position in ZoomInfo Technologies in the fourth quarter valued at about $26,000. Fifth Third Bancorp bought a new stake in ZoomInfo Technologies during the fourth quarter worth about $29,000. Covestor Ltd bought a new stake in ZoomInfo Technologies during the fourth quarter worth about $34,000. Finally, Allworth Financial LP acquired a new stake in ZoomInfo Technologies during the third quarter worth about $40,000. 95.47% of the stock is currently owned by institutional investors.

About ZoomInfo Technologies

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.