ZoomInfo Technologies (NASDAQ:GTM) Shares Down 7.9% – Here’s Why

Shares of ZoomInfo Technologies Inc. (NASDAQ:GTM) were down 7.9% on Wednesday . The company traded as low as $3.15 and last traded at $3.15. Approximately 1,677,711 shares traded hands during mid-day trading, a decline of 84% from the average daily volume of 10,393,746 shares. The stock had previously closed at $3.42.

Analysts Set New Price Targets

GTM has been the topic of a number of research reports. UBS Group reduced their target price on shares of ZoomInfo Technologies from $8.50 to $5.00 and set a “neutral” rating on the stock in a report on Tuesday, May 12th. Royal Bank Of Canada dropped their price target on shares of ZoomInfo Technologies from $8.00 to $7.00 and set an “underperform” rating for the company in a research note on Tuesday, February 10th. Stifel Nicolaus reiterated a “hold” rating and issued a $4.00 price objective (down from $12.00) on shares of ZoomInfo Technologies in a research note on Tuesday, May 12th. Citizens Jmp decreased their target price on 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, BTIG Research reissued a “neutral” rating on shares of ZoomInfo Technologies in a research note on Tuesday, May 12th. One equities research analyst has rated the stock with a Buy rating, ten have given a Hold rating and seven have given a Sell rating to the company. According to data from MarketBeat, ZoomInfo Technologies presently has a consensus rating of “Reduce” and a consensus price target of $6.09.

ZoomInfo Technologies Stock Performance

The company has a market capitalization of $875.32 million, a price-to-earnings ratio of 7.43, a PEG ratio of 0.72 and a beta of 0.88. 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 has a 50 day simple moving average of $5.30 and a two-hundred day simple moving average of $7.39.

ZoomInfo Technologies (NASDAQ:GTM) last released its quarterly earnings data on Monday, May 11th. The company reported $0.28 EPS for the quarter, beating analysts’ consensus estimates of $0.18 by $0.10. ZoomInfo Technologies had a return on equity of 17.43% and a net margin of 10.10%.The business had revenue of $310.20 million for the quarter. During the same quarter in the previous year, the company posted $0.23 EPS. The company’s revenue was up 1.5% compared to the same quarter last year. 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. As a group, analysts anticipate that ZoomInfo Technologies Inc. will post 0.81 earnings per share for the current year.

Insider Buying and Selling at ZoomInfo Technologies

In other ZoomInfo Technologies news, CRO James M. Roth sold 35,723 shares of the firm’s stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $5.87, for a total transaction of $209,694.01. Following the sale, the executive owned 139,795 shares of the company’s stock, valued at approximately $820,596.65. This trade represents a 20.35% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Domenic Maida acquired 27,500 shares of ZoomInfo Technologies stock in a transaction dated Tuesday, May 26th. The shares were bought at an average price of $3.60 per share, with a total value of $99,000.00. Following the transaction, the director directly owned 66,342 shares in the company, valued at approximately $238,831.20. The trade was a 70.80% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. Insiders have sold 44,727 shares of company stock worth $262,834 over the last three months. Insiders own 9.90% of the company’s stock.

Hedge Funds Weigh In On ZoomInfo Technologies

Several hedge funds have recently made changes to their positions in GTM. Parallel Advisors LLC increased its position in shares of ZoomInfo Technologies by 105.1% during the first quarter. Parallel Advisors LLC now owns 7,975 shares of the company’s stock worth $48,000 after purchasing an additional 4,086 shares in the last quarter. Lavelle Capital LP acquired a new stake in shares of ZoomInfo Technologies in the 1st quarter valued at about $497,000. Bank of America Corp DE grew its stake in ZoomInfo Technologies by 81.1% during the 1st quarter. Bank of America Corp DE now owns 1,898,951 shares of the company’s stock worth $11,356,000 after buying an additional 850,386 shares during the last quarter. Bull Harbor Capital LLC purchased a new position in ZoomInfo Technologies during the 1st quarter worth approximately $117,000. Finally, Amundi increased its position in ZoomInfo Technologies by 724.9% during the first quarter. Amundi now owns 667,967 shares of the company’s stock worth $3,994,000 after buying an additional 586,991 shares during the period. Hedge funds and other 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.