Easterly Investment Partners LLC purchased a new stake in shares of ZoomInfo Technologies Inc. (NASDAQ:GTM – Free Report) in the fourth quarter, Holdings Channel.com reports. The fund purchased 155,400 shares of the company’s stock, valued at approximately $1,580,000.
Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Jupiter Asset Management Ltd. acquired a new stake in ZoomInfo Technologies during the 4th quarter valued at $9,566,000. LSV Asset Management acquired a new stake in ZoomInfo Technologies during the 4th quarter valued at $103,545,000. Vanguard Group Inc. bought a new position in ZoomInfo Technologies in the 4th quarter valued at $255,416,000. Universal Beteiligungs und Servicegesellschaft mbH acquired a new stake in shares of ZoomInfo Technologies in the 4th quarter valued at $5,799,000. Finally, Hillsdale Investment Management Inc. acquired a new stake in shares of ZoomInfo Technologies in the 4th quarter valued at $7,544,000. 95.47% of the stock is owned by institutional investors and hedge funds.
Insider Activity at ZoomInfo Technologies
In related news, General Counsel Ashley Mcgrane sold 6,959 shares of the stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $5.87, for a total transaction of $40,849.33. Following the completion of the transaction, the general counsel directly owned 76,872 shares of the company’s stock, valued at approximately $451,238.64. This represents a 8.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CRO James M. Roth sold 35,723 shares of the stock in a transaction that occurred on Thursday, April 2nd. The shares were 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 of the company’s stock, valued at $820,596.65. This trade represents a 20.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 44,727 shares of company stock valued at $262,834. Insiders own 9.90% of the company’s stock.
ZoomInfo Technologies Stock Up 14.7%
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, beating analysts’ consensus estimates of $0.18 by $0.10. The company had revenue of $310.20 million for the quarter. ZoomInfo Technologies had a return on equity of 17.43% and a net margin of 10.10%.The business’s revenue for the quarter was up 1.5% on a year-over-year basis. During the same quarter last year, the firm earned $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. As a group, equities analysts expect that ZoomInfo Technologies Inc. will post 0.81 earnings per share for the current year.
Wall Street Analyst Weigh In
Several equities research analysts have recently commented on the company. Wall Street Zen cut ZoomInfo Technologies from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. UBS Group lowered their target price 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. Piper Sandler reissued a “neutral” rating and issued a $4.00 target price (down from $7.00) on shares of ZoomInfo Technologies in a research note on Tuesday, May 12th. Wells Fargo & Company lowered their target price on ZoomInfo Technologies from $6.00 to $3.50 and set an “underweight” rating for the company in a research note on Tuesday, May 12th. Finally, Bank of America reissued an “underperform” rating and issued a $4.00 target price on shares of ZoomInfo Technologies in a research note on Tuesday, May 19th. One research analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and seven have given a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and an average price target of $6.09.
Get Our Latest Report on ZoomInfo Technologies
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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