ZoomInfo Technologies (NASDAQ:GTM) Sets New 12-Month Low – Here’s Why

ZoomInfo Technologies Inc. (NASDAQ:GTM) hit a new 52-week low on Wednesday . The stock traded as low as $3.67 and last traded at $3.7450, with a volume of 1030878 shares. The stock had previously closed at $3.81.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on GTM. Bank of America restated an “underperform” rating and issued a $4.00 price objective on shares of ZoomInfo Technologies in a research note on Tuesday. Canaccord Genuity Group cut ZoomInfo Technologies from a “buy” rating to a “hold” rating and reduced their price objective for the stock from $12.00 to $5.00 in a research note on Tuesday, May 12th. Piper Sandler restated a “neutral” rating and issued a $4.00 price objective (down from $7.00) on shares of ZoomInfo Technologies in a research note on Tuesday, May 12th. Stifel Nicolaus restated 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. Finally, Citigroup reduced their price objective on ZoomInfo Technologies from $5.00 to $4.00 and set a “sell” rating for the company in a research note on Wednesday, May 13th. Three investment analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and seven have given a Sell rating to the stock. According to MarketBeat, ZoomInfo Technologies has a consensus rating of “Reduce” and a consensus target price of $6.98.

ZoomInfo Technologies Stock Performance

The firm has a 50-day moving average of $5.76 and a two-hundred day moving average of $7.87. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 0.89. The company has a market capitalization of $1.13 billion, a PE ratio of 9.21, a PEG ratio of 1.34 and a beta of 1.04.

ZoomInfo Technologies (NASDAQ:GTM) last announced its quarterly earnings results on Monday, May 11th. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.10. The company 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 firm’s revenue was up 1.5% compared to the same quarter last year. During the same quarter in the prior year, the business posted $0.23 earnings per share. 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. Research analysts anticipate that ZoomInfo Technologies Inc. will post 0.79 EPS for the current year.

Insider Buying and Selling

In other news, General Counsel Ashley Mcgrane sold 6,959 shares of ZoomInfo Technologies stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $5.87, for a total value of $40,849.33. Following the sale, the general counsel directly owned 76,872 shares of the company’s stock, valued at $451,238.64. The trade was a 8.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CRO James M. Roth sold 35,723 shares of the business’s 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 transaction, the executive directly owned 139,795 shares in the company, valued at $820,596.65. This trade represents a 20.35% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold 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.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in the business. Fred Alger Management LLC increased its holdings in shares of ZoomInfo Technologies by 7.7% in the 4th quarter. Fred Alger Management LLC now owns 29,960 shares of the company’s stock valued at $305,000 after acquiring an additional 2,136 shares during the last quarter. Global Retirement Partners LLC purchased a new position in shares of ZoomInfo Technologies in the 4th quarter valued at about $26,000. Fifth Third Bancorp purchased a new position in shares of ZoomInfo Technologies in the 4th quarter valued at about $29,000. Covestor Ltd purchased a new position in shares of ZoomInfo Technologies in the 4th quarter valued at about $34,000. Finally, Allworth Financial LP purchased a new position in shares of ZoomInfo Technologies in the 3rd quarter valued at about $40,000. Hedge funds and other institutional investors own 95.47% of the company’s stock.

About ZoomInfo Technologies

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.