ZoomInfo Technologies (NASDAQ:GTM) Trading Up 8.2% – Here’s Why

ZoomInfo Technologies Inc. (NASDAQ:GTMGet Free Report) shares were up 8.2% during mid-day trading on Tuesday . The company traded as high as $3.32 and last traded at $3.3330. 2,113,979 shares changed hands during trading, a decline of 80% from the average daily volume of 10,526,086 shares. The stock had previously closed at $3.08.

Wall Street Analyst Weigh In

A number of research analysts have commented on the company. BTIG Research restated a “neutral” rating on shares of ZoomInfo Technologies in a research note on Tuesday, May 12th. Wells Fargo & Company lowered their price target on ZoomInfo Technologies from $3.50 to $3.00 and set an “underweight” rating for the company in a research note on Monday, July 20th. Stifel Nicolaus dropped their price objective on ZoomInfo Technologies from $4.00 to $3.50 and set a “hold” rating on the stock in a report on Friday, July 10th. Barclays cut their price objective on shares of ZoomInfo Technologies from $8.00 to $5.00 and set an “equal weight” rating on the stock in a research report on Wednesday, May 13th. Finally, Jefferies Financial Group cut shares of ZoomInfo Technologies from a “buy” rating to a “hold” rating and reduced their target price for the company from $12.00 to $4.00 in a research note on Thursday, May 21st. One investment analyst has rated the stock with a Buy rating, ten have issued a Hold rating and seven have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and an average price target of $5.93.

Read Our Latest Analysis on GTM

ZoomInfo Technologies Trading Down 6.4%

The company’s fifty day moving average is $3.03 and its 200-day moving average is $5.31. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.89. The firm has a market capitalization of $965.21 million, a P/E ratio of 8.16, a P/E/G ratio of 0.62 and a beta of 0.87.

ZoomInfo Technologies (NASDAQ:GTMGet Free Report) last announced its earnings results on Monday, May 11th. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.18 by $0.10. The firm had revenue of $310.20 million for the quarter. ZoomInfo Technologies had a net margin of 10.10% and a return on equity of 17.43%. The business’s revenue was up 1.5% compared to the same quarter last year. During the same quarter last year, the business 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. As a group, sell-side analysts anticipate that ZoomInfo Technologies Inc. will post 0.81 earnings per share for the current fiscal year.

Insider Activity at ZoomInfo Technologies

In other ZoomInfo Technologies news, Director Domenic Maida acquired 27,500 shares of the company’s stock in a transaction dated Tuesday, May 26th. The shares were acquired at an average cost of $3.60 per share, for a total transaction of $99,000.00. Following the completion of 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 position. The purchase was disclosed in a filing with the SEC, which is accessible through this hyperlink. Insiders own 9.90% of the company’s stock.

Institutional Trading of ZoomInfo Technologies

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the business. Everhart Financial Group Inc. acquired a new position in shares of ZoomInfo Technologies during the second quarter worth approximately $40,000. Parallel Advisors LLC grew its stake in shares of ZoomInfo Technologies by 105.1% in the first quarter. Parallel Advisors LLC now owns 7,975 shares of the company’s stock worth $48,000 after acquiring an additional 4,086 shares during the last quarter. Lavelle Capital LP bought a new position in ZoomInfo Technologies during the first quarter worth $497,000. Bank of America Corp DE increased its position in ZoomInfo Technologies by 81.1% during the first quarter. Bank of America Corp DE now owns 1,898,951 shares of the company’s stock worth $11,356,000 after acquiring an additional 850,386 shares during the period. Finally, Bull Harbor Capital LLC acquired a new position in ZoomInfo Technologies during the 1st quarter valued at $117,000. Institutional investors and hedge funds own 95.47% of the company’s stock.

About ZoomInfo Technologies

(Get Free Report)

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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