ZoomInfo Technologies Inc. (NASDAQ:GTM – Get Free Report) reached a new 52-week low on Wednesday . The stock traded as low as $3.39 and last traded at $3.4050, with a volume of 643892 shares trading hands. The stock had previously closed at $3.50.
Analysts Set New Price Targets
Several equities research analysts recently weighed in on the company. BTIG Research restated a “neutral” rating on shares of ZoomInfo Technologies in a research report on Tuesday, May 12th. Jefferies Financial Group cut ZoomInfo Technologies from a “buy” rating to a “hold” rating and lowered their price objective for the company from $12.00 to $4.00 in a research note on Thursday, May 21st. Citizens Jmp lowered their price objective on ZoomInfo Technologies from $6.00 to $2.50 and set a “market underperform” rating for the company in a research note on Tuesday, May 12th. UBS Group lowered their price objective on ZoomInfo Technologies from $8.50 to $5.00 and set a “neutral” rating for the company in a research note on Tuesday, May 12th. Finally, Canaccord Genuity Group cut ZoomInfo Technologies from a “buy” rating to a “hold” rating and decreased their price target for the stock from $12.00 to $5.00 in a research note on Tuesday, May 12th. One analyst has rated the stock with a Buy rating, ten have given a Hold rating and seven have assigned a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus target price of $6.09.
Read Our Latest Stock Analysis on ZoomInfo Technologies
ZoomInfo Technologies Stock Performance
ZoomInfo Technologies (NASDAQ:GTM – Get Free Report) last issued its quarterly earnings results on Monday, May 11th. The company reported $0.28 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.10. The business had revenue of $310.20 million during the quarter. ZoomInfo Technologies had a return on equity of 17.43% and a net margin of 10.10%.The business’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same quarter 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. Equities research analysts anticipate that ZoomInfo Technologies Inc. will post 0.79 EPS for the current fiscal year.
Insider Transactions at ZoomInfo Technologies
In other news, General Counsel Ashley Mcgrane sold 6,959 shares of the company’s stock in a transaction dated Thursday, April 2nd. The stock was 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 owned 76,872 shares of the company’s stock, valued at $451,238.64. This represents a 8.30% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available at this hyperlink. Also, Director Domenic Maida acquired 27,500 shares of the company’s stock in a transaction dated Tuesday, May 26th. The stock was acquired 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 of the company’s stock, valued at approximately $238,831.20. This trade represents a 70.80% increase in their ownership of the stock. Additional details regarding this purchase are available in the official SEC disclosure. Insiders sold a total of 44,727 shares of company stock valued at $262,834 over the last 90 days. Company insiders own 9.90% of the company’s stock.
Hedge Funds Weigh In On ZoomInfo Technologies
A number of hedge funds have recently made changes to their positions in the business. Advisory Services Network LLC bought a new position in ZoomInfo Technologies during the third quarter valued at approximately $105,000. EMC Capital Management bought a new position in ZoomInfo Technologies during the third quarter valued at approximately $76,000. CIBC Private Wealth Group LLC bought a new position in ZoomInfo Technologies during the third quarter valued at approximately $5,419,000. JPMorgan Chase & Co. bought a new position in ZoomInfo Technologies during the third quarter valued at approximately $74,670,000. Finally, Swiss Life Asset Management Ltd bought a new position in ZoomInfo Technologies during the third quarter valued at approximately $140,000. 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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