ZoomInfo Technologies (NASDAQ:GTM) Shares Up 8.2% – Time to Buy?

ZoomInfo Technologies Inc. (NASDAQ:GTMGet Free Report) was up 8.2% during mid-day trading on Friday . The stock traded as high as $2.80 and last traded at $2.8250. Approximately 2,821,839 shares were traded during mid-day trading, a decline of 73% from the average session volume of 10,546,056 shares. The stock had previously closed at $2.61.

Analysts Set New Price Targets

GTM has been the subject of a number of recent research reports. DA Davidson cut their price objective on ZoomInfo Technologies from $7.00 to $5.00 and set a “neutral” rating for the company in a research report on Tuesday, May 12th. BTIG Research reaffirmed a “neutral” rating on shares of ZoomInfo Technologies in a research report on Tuesday, May 12th. Canaccord Genuity Group downgraded ZoomInfo Technologies from a “buy” rating to a “hold” rating and reduced their target price for the company from $12.00 to $5.00 in a report on Tuesday, May 12th. Wall Street Zen lowered ZoomInfo Technologies from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Finally, Bank of America reissued an “underperform” rating and issued a $4.00 price target on shares of ZoomInfo Technologies in a research note on Tuesday, May 19th. One analyst has rated the stock with a Buy rating, ten have given a Hold rating and seven have issued a Sell rating to the stock. According to data from MarketBeat.com, ZoomInfo Technologies presently has an average rating of “Reduce” and an average target price of $6.09.

Read Our Latest Stock Analysis on GTM

ZoomInfo Technologies Price Performance

The company has a market cap of $814.90 million, a PE ratio of 6.91, a price-to-earnings-growth ratio of 0.53 and a beta of 0.88. The stock has a fifty day moving average price of $4.24 and a 200-day moving average price of $6.51. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.69 and a quick ratio of 0.69.

ZoomInfo Technologies (NASDAQ:GTMGet Free Report) last issued its quarterly earnings results on Monday, May 11th. The company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.10. The business 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 quarterly revenue was up 1.5% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $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. On average, equities analysts expect that ZoomInfo Technologies Inc. will post 0.81 earnings per share for the current year.

Insider Buying and Selling at ZoomInfo Technologies

In related 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 completion of the sale, the executive directly owned 139,795 shares in the company, 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 SEC, which can be accessed through the SEC website. Also, Director Domenic Maida purchased 27,500 shares of the firm’s stock in a transaction that occurred on 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 completion of the acquisition, the director owned 66,342 shares of the company’s stock, valued at $238,831.20. This trade represents a 70.80% increase in their position. The SEC filing for this purchase provides additional information. Company insiders own 9.90% of the company’s stock.

Institutional Investors Weigh In On ZoomInfo Technologies

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Global Retirement Partners LLC acquired a new stake in shares of ZoomInfo Technologies during the 4th quarter valued at $26,000. Fifth Third Bancorp purchased a new stake in shares of ZoomInfo Technologies during the fourth quarter worth $29,000. Covestor Ltd purchased a new stake in shares of ZoomInfo Technologies during the fourth quarter worth $34,000. Allworth Financial LP acquired a new stake in ZoomInfo Technologies during the third quarter valued at $40,000. Finally, Parallel Advisors LLC purchased a new position in ZoomInfo Technologies in the fourth quarter valued at about $40,000. Hedge funds and other institutional investors 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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