ZoomInfo Technologies (NASDAQ:GTM) Trading Up 9.3% – What’s Next?

ZoomInfo Technologies Inc. (NASDAQ:GTM)’s stock price traded up 9.3% on Monday . The stock traded as high as $4.11 and last traded at $4.1530. 2,717,783 shares were traded during trading, a decline of 72% from the average daily volume of 9,744,281 shares. The stock had previously closed at $3.80.

Analyst Ratings Changes

GTM has been the topic of several research reports. Jefferies Financial Group lowered ZoomInfo Technologies from a “buy” rating to a “hold” rating and cut their price objective for the company from $12.00 to $4.00 in a research report on Thursday, May 21st. Stifel Nicolaus upped their target price on ZoomInfo Technologies from $3.50 to $4.00 and gave the stock a “hold” rating in a research report on Thursday, August 6th. Wall Street Zen lowered ZoomInfo Technologies from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. DA Davidson decreased their target price on shares of ZoomInfo Technologies from $5.00 to $4.50 and set a “neutral” rating for the company in a research note on Thursday, August 6th. Finally, Citigroup raised their target price on ZoomInfo Technologies from $2.00 to $2.50 and gave the company a “sell” rating in a research note on Friday, August 7th. One investment analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and seven have assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Reduce” and an average price target of $5.93.

ZoomInfo Technologies Stock Performance

The company’s fifty day simple moving average is $3.61 and its two-hundred day simple moving average is $4.40. The company has a market capitalization of $1.21 billion, a price-to-earnings ratio of -2.22, a price-to-earnings-growth ratio of 0.59 and a beta of 0.85. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.65 and a current ratio of 0.65.

ZoomInfo Technologies (NASDAQ:GTM) last issued its earnings results on Wednesday, August 5th. The company reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.09. The business had revenue of $310.40 million for the quarter. ZoomInfo Technologies had a negative net margin of 43.01% and a positive return on equity of 20.16%. The business’s revenue for the quarter was up 1.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.25 EPS. 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. Equities research analysts predict that ZoomInfo Technologies Inc. will post 0.84 earnings per share for the current fiscal year.

Institutional Inflows and Outflows

A number of large investors have recently bought and sold shares of the company. RPD Fund Management LLC grew its position in shares of ZoomInfo Technologies by 78.6% in the 1st quarter. RPD Fund Management LLC now owns 17,199,109 shares of the company’s stock worth $102,851,000 after acquiring an additional 7,570,791 shares in the last quarter. Dimensional Fund Advisors LP raised 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 acquiring an additional 2,992,276 shares in the last quarter. Sachem Head Capital Management LP bought a new position in ZoomInfo Technologies during the fourth quarter worth $150,465,000. LSV Asset Management bought a new position in ZoomInfo Technologies during the fourth quarter worth $103,545,000. Finally, JPMorgan Chase & Co. boosted its holdings in ZoomInfo Technologies by 33.4% in the fourth quarter. JPMorgan Chase & Co. now owns 9,130,706 shares of the company’s stock worth $92,859,000 after purchasing an additional 2,286,555 shares during the period. Institutional investors own 95.47% of the company’s stock.

About ZoomInfo Technologies

ZoomInfo Technologies, Inc provides go-to-market intelligence and sales and marketing software for businesses. Its platform helps organizations identify prospective customers, research companies and decision-makers, manage contact and account data, and prioritize opportunities across the sales and marketing process.

The company’s products include business-to-business contact and company intelligence, workflow and automation tools, sales engagement capabilities, and conversation and revenue intelligence solutions.