Royal Bank of Canada Boosts Holdings in ZoomInfo Technologies Inc. $GTM

Royal Bank of Canada increased its position in shares of ZoomInfo Technologies Inc. (NASDAQ:GTM) by 116.3% during the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 270,873 shares of the company’s stock after buying an additional 145,638 shares during the quarter. Royal Bank of Canada’s holdings in ZoomInfo Technologies were worth $1,620,000 at the end of the most recent reporting period.

A number of other large investors have also recently added to or reduced their stakes in the business. Global Retirement Partners LLC purchased a new position in ZoomInfo Technologies in the fourth quarter worth approximately $26,000. Fifth Third Bancorp purchased a new stake in ZoomInfo Technologies in the fourth quarter valued at $29,000. Covestor Ltd acquired a new position in shares of ZoomInfo Technologies in the 4th quarter valued at $34,000. Parallel Advisors LLC acquired a new position in shares of ZoomInfo Technologies in the 4th quarter valued at $40,000. Finally, Arax Advisory Partners purchased a new position in shares of ZoomInfo Technologies during the 4th quarter worth $41,000. 95.47% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several brokerages recently issued reports on GTM. Canaccord Genuity Group lowered shares of ZoomInfo Technologies from a “buy” rating to a “hold” rating and reduced their price objective for the company from $12.00 to $5.00 in a report on Tuesday, May 12th. Jefferies Financial Group lowered shares of ZoomInfo Technologies from a “buy” rating to a “hold” rating and lowered their target price for the stock from $12.00 to $4.00 in a research note on Thursday, May 21st. Citizens Jmp dropped their price target on shares of ZoomInfo Technologies from $6.00 to $2.50 and set a “market underperform” rating for the company in a research report on Tuesday, May 12th. Stifel Nicolaus boosted their price target on shares of ZoomInfo Technologies from $3.50 to $4.00 and gave the company a “hold” rating in a research note on Thursday, August 6th. Finally, Piper Sandler reaffirmed a “neutral” rating and set a $4.00 price objective (down from $7.00) on shares of ZoomInfo Technologies in a research report on Tuesday, May 12th. One equities research 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. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and an average price target of $5.93.

Insider Activity

In other ZoomInfo Technologies news, Director Domenic Maida acquired 27,500 shares of the stock in a transaction dated Tuesday, May 26th. The stock was acquired at an average price of $3.60 per share, with a total value of $99,000.00. Following the completion of the purchase, the director owned 66,342 shares in the company, valued at $238,831.20. This trade represents a 70.80% increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Corporate insiders own 9.90% of the company’s stock.

ZoomInfo Technologies Price Performance

GTM stock opened at $3.82 on Thursday. The business’s fifty day moving average price is $3.21 and its 200 day moving average price is $4.74. ZoomInfo Technologies Inc. has a 12-month low of $2.54 and a 12-month high of $12.51. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 1.52. The company has a market capitalization of $1.11 billion, a PE ratio of -2.05, a P/E/G ratio of 0.60 and a beta of 0.85.

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

More ZoomInfo Technologies News

Here are the key news stories impacting ZoomInfo Technologies this week:

• Positive Sentiment: Customer case-study data provided a modestly favorable operating signal: Pacific Energy Concepts reportedly increased its call-connect rate by 53.42% and prospecting activity by 60.75% after adopting ZoomInfo’s platform. However, this is a customer testimonial rather than a new contract or financial forecast. Pacific Energy Concepts Lifted Call Connect Rates More Than 53% with ZoomInfo

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.