Citigroup Cuts ZoomInfo Technologies (NASDAQ:GTM) Price Target to $4.00

ZoomInfo Technologies (NASDAQ:GTM) had its price objective decreased by Citigroup from $5.00 to $4.00 in a research note released on Wednesday morning,Benzinga reports. Citigroup currently has a sell rating on the stock.

Several other equities analysts have also issued reports on the company. Mizuho reiterated an “underperform” rating and issued a $3.00 price objective (down from $10.00) on shares of ZoomInfo Technologies in a research report on Wednesday. Royal Bank Of Canada reduced their price target on ZoomInfo Technologies from $8.00 to $7.00 and set an “underperform” rating for the company in a research report on Tuesday, February 10th. Jefferies Financial Group reduced their price target on ZoomInfo Technologies from $16.00 to $12.00 and set a “buy” rating for the company in a research report on Tuesday, February 3rd. Canaccord Genuity Group cut ZoomInfo Technologies from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $12.00 to $5.00 in a research note on Tuesday. Finally, BTIG Research reiterated a “neutral” rating on shares of ZoomInfo Technologies in a research note on Tuesday. Three analysts have rated the stock with a Buy rating, nine have given a Hold rating and six have given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average target price of $7.15.

ZoomInfo Technologies Price Performance

GTM opened at $3.86 on Wednesday. The company has a fifty day simple moving average of $5.87 and a 200 day simple moving average of $7.99. The firm has a market cap of $1.18 billion, a price-to-earnings ratio of 9.65, a PEG ratio of 1.33 and a beta of 1.04. ZoomInfo Technologies has a twelve month low of $3.76 and a twelve month high of $12.51. The company has a current ratio of 0.69, a quick ratio of 0.72 and a debt-to-equity ratio of 0.89.

ZoomInfo Technologies (NASDAQ:GTM) last released its quarterly earnings results on Monday, May 11th. The company reported $0.28 earnings per share 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 business had revenue of $310.20 million during the quarter. During the same period in the previous year, the business posted $0.23 earnings per share. ZoomInfo Technologies’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 research analysts expect that ZoomInfo Technologies will post 0.79 EPS for the current fiscal year.

Insiders Place Their Bets

In related news, CRO James M. Roth sold 35,723 shares of the stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $5.87, for a total value of $209,694.01. Following the sale, the executive owned 139,795 shares in the company, valued at approximately $820,596.65. This represents a 20.35% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, General Counsel Ashley Mcgrane sold 6,959 shares of the 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 sale, the general counsel owned 76,872 shares in the company, valued at approximately $451,238.64. This trade represents a 8.30% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 44,727 shares of company stock worth $262,834. 9.90% of the stock is owned by company insiders.

Hedge Funds Weigh In On ZoomInfo Technologies

Several institutional investors and hedge funds have recently modified their holdings of the stock. RPD Fund Management LLC increased its holdings in shares of ZoomInfo Technologies by 78.6% in the first 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 during the last quarter. SummitTX Capital L.P. acquired a new position in shares of ZoomInfo Technologies in the first quarter valued at $152,000. Ardmore Road Asset Management LP increased its holdings in shares of ZoomInfo Technologies by 53.2% in the first quarter. Ardmore Road Asset Management LP now owns 1,268,300 shares of the company’s stock valued at $7,584,000 after purchasing an additional 440,642 shares during the last quarter. OMERS ADMINISTRATION Corp acquired a new position in shares of ZoomInfo Technologies in the first quarter valued at $75,000. Finally, Arrowstreet Capital Limited Partnership increased its holdings in shares of ZoomInfo Technologies by 1,825.8% in the first quarter. Arrowstreet Capital Limited Partnership now owns 816,805 shares of the company’s stock valued at $4,884,000 after purchasing an additional 774,392 shares during the last quarter. 95.47% of the stock is currently owned by institutional investors and hedge funds.

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.