ZoomInfo Technologies (NASDAQ:GTM) Trading Up 7.4% – Still a Buy?

ZoomInfo Technologies Inc. (NASDAQ:GTM) shares shot up 7.4% during mid-day trading on Thursday . The stock traded as high as $4.09 and last traded at $4.0820. Approximately 477,541 shares traded hands during trading, a decline of 95% from the average session volume of 10,055,038 shares. The stock had previously closed at $3.80.

Analyst Ratings Changes

Several research firms have commented on GTM. UBS Group cut their price objective on ZoomInfo Technologies from $5.00 to $4.50 and set a “neutral” rating on the stock in a research report on Thursday, August 6th. JPMorgan Chase & Co. dropped their target price on ZoomInfo Technologies from $12.00 to $11.00 and set an “overweight” rating on the stock in a report on Tuesday, May 12th. Citizens Jmp reduced their price target on ZoomInfo Technologies from $6.00 to $2.50 and set a “market underperform” rating on the stock in a research report on Tuesday, May 12th. Stifel Nicolaus upped their price target on ZoomInfo Technologies from $3.50 to $4.00 and gave the stock a “hold” rating in a report on Thursday, August 6th. Finally, Barclays decreased their price target on ZoomInfo Technologies from $8.00 to $5.00 and set an “equal weight” rating for the company in a report on Wednesday, May 13th. One investment analyst has rated the stock with a Buy rating, ten have issued a Hold rating and seven have issued a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $5.93.

ZoomInfo Technologies Stock Up 7.5%

The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.65 and a current ratio of 0.65. The firm has a fifty day simple moving average of $3.32 and a 200-day simple moving average of $4.62. The company has a market capitalization of $1.19 billion, a PE ratio of -2.20, 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 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.09. The company had revenue of $310.40 million for 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 for the quarter was up 1.2% on a year-over-year basis. During the same period in the previous year, the company 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. Equities research analysts anticipate that ZoomInfo Technologies Inc. will post 0.84 EPS for the current fiscal year.

Institutional Trading of ZoomInfo Technologies

Several institutional investors have recently added to or reduced their stakes in the stock. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new position in ZoomInfo Technologies during the 2nd quarter worth $178,000. California State Teachers Retirement System increased its position in shares of ZoomInfo Technologies by 184.5% in the 2nd quarter. California State Teachers Retirement System now owns 842,316 shares of the company’s stock worth $2,468,000 after purchasing an additional 546,295 shares during the last quarter. Wedmont Private Capital acquired a new stake in shares of ZoomInfo Technologies in the 2nd quarter valued at about $36,000. HB Wealth Management LLC raised its stake in shares of ZoomInfo Technologies by 39.5% in the 2nd quarter. HB Wealth Management LLC now owns 18,627 shares of the company’s stock valued at $55,000 after purchasing an additional 5,279 shares in the last quarter. Finally, AXQ Capital LP bought a new position in shares of ZoomInfo Technologies during the second quarter worth about $1,572,000. 95.47% of the stock is owned by institutional investors and hedge funds.

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.