ZoomInfo Technologies Inc. (NASDAQ:GTM – Get Free Report) rose 6% during mid-day trading on Monday . The company traded as high as $3.07 and last traded at $3.0950. Approximately 1,635,045 shares traded hands during mid-day trading, a decline of 85% from the average daily volume of 10,826,933 shares. The stock had previously closed at $2.92.
Analyst Upgrades and Downgrades
Several equities analysts have recently commented on the company. DA Davidson lowered their target price on ZoomInfo Technologies from $7.00 to $5.00 and set a “neutral” rating for the company in a report on Tuesday, May 12th. Wall Street Zen downgraded ZoomInfo Technologies from a “buy” rating to a “hold” rating in a report on Sunday, May 17th. Canaccord Genuity Group lowered ZoomInfo Technologies from a “buy” rating to a “hold” rating and reduced their price objective for the company from $12.00 to $5.00 in a research report on Tuesday, May 12th. BTIG Research restated a “neutral” rating on shares of ZoomInfo Technologies in a research note on Tuesday, May 12th. Finally, Wells Fargo & Company dropped their target price on ZoomInfo Technologies from $6.00 to $3.50 and set an “underweight” rating on the stock in a research report on Tuesday, May 12th. One investment 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. According to MarketBeat.com, the company currently has an average rating of “Reduce” and a consensus target price of $5.96.
Get Our Latest Analysis on GTM
ZoomInfo Technologies Price Performance
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 business had revenue of $310.20 million during the quarter. ZoomInfo Technologies had a net margin of 10.10% and a return on equity of 17.43%. The business’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same period in the previous year, the company earned $0.23 EPS. 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, research analysts expect that ZoomInfo Technologies Inc. will post 0.81 earnings per share for the current fiscal year.
Insider Activity at ZoomInfo Technologies
In related news, Director Domenic Maida purchased 27,500 shares of ZoomInfo Technologies stock in a transaction dated Tuesday, May 26th. The stock was bought at an average cost of $3.60 per share, with a total value of $99,000.00. Following the purchase, the director owned 66,342 shares in the company, valued at approximately $238,831.20. The trade was a 70.80% increase in their position. The acquisition was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Company insiders own 9.90% of the company’s stock.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently made changes to their positions in GTM. Vanguard Group Inc. bought a new stake in ZoomInfo Technologies during the fourth quarter worth approximately $255,416,000. RPD Fund Management LLC boosted its stake in ZoomInfo Technologies by 78.6% during the 1st quarter. RPD Fund Management LLC now owns 17,199,109 shares of the company’s stock valued at $102,851,000 after purchasing an additional 7,570,791 shares in the last quarter. Dimensional Fund Advisors LP increased its position in shares of ZoomInfo Technologies by 24.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 15,100,675 shares of the company’s stock valued at $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 4th quarter valued at $150,465,000. Finally, LSV Asset Management bought a new stake in shares of ZoomInfo Technologies in the 4th quarter worth $103,545,000. 95.47% of the stock is currently owned by institutional investors.
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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