ZoomInfo Technologies (NASDAQ:GTM) Shares Down 4.5% – Time to Sell?

ZoomInfo Technologies Inc. (NASDAQ:GTM)’s share price dropped 4.5% during trading on Friday. The company traded as low as $3.73 and last traded at $3.6750. 380,123 shares changed hands during mid-day trading, a decline of 96% from the average session volume of 9,444,982 shares. The stock had previously closed at $3.85.

Analyst Upgrades and Downgrades

A number of research firms recently issued reports on GTM. UBS Group dropped their target price on shares of ZoomInfo Technologies from $5.00 to $4.50 and set a “neutral” rating for the company in a research report on Thursday, August 6th. DA Davidson dropped their price objective on shares of ZoomInfo Technologies from $5.00 to $4.50 and set a “neutral” rating for the company in a research report on Thursday, August 6th. Wells Fargo & Company reduced their target price on shares of ZoomInfo Technologies from $3.50 to $3.00 and set an “underweight” rating on the stock in a report on Monday, July 20th. Citigroup upped their price target on shares of ZoomInfo Technologies from $2.00 to $2.50 and gave the stock a “sell” rating in a research report on Friday, August 7th. Finally, Stifel Nicolaus raised their price objective on ZoomInfo Technologies from $3.50 to $4.00 and gave the company a “hold” rating in a research report on Thursday, August 6th. One investment analyst has rated the stock with a Buy rating, ten have given a Hold rating and seven have assigned a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and an average price target of $5.93.

ZoomInfo Technologies Stock Performance

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 company has a market capitalization of $1.08 billion, a PE ratio of -1.99, a PEG ratio of 0.59 and a beta of 0.87. The company has a 50 day moving average price of $3.86 and a 200 day moving average price of $4.17.

ZoomInfo Technologies (NASDAQ:GTM) last posted its quarterly earnings results on Wednesday, August 5th. The company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.19 by $0.09. The firm had revenue of $310.40 million for the quarter. ZoomInfo Technologies had a negative net margin of 43.01% and a positive return on equity of 20.16%. The company’s revenue was up 1.2% on a year-over-year basis. During the same period in the prior 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 analysts forecast that ZoomInfo Technologies Inc. will post 0.83 EPS for the current year.

Institutional Trading of ZoomInfo Technologies

Hedge funds and other institutional investors have recently bought and sold shares of the company. Sequoia Financial Advisors LLC increased its holdings in shares of ZoomInfo Technologies by 200.3% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 77,636 shares of the company’s stock valued at $227,000 after acquiring an additional 51,787 shares during the last quarter. Engineers Gate Manager LP lifted its stake in ZoomInfo Technologies by 520.9% during the second quarter. Engineers Gate Manager LP now owns 245,525 shares of the company’s stock worth $719,000 after purchasing an additional 205,984 shares during the last quarter. Integrated Wealth Concepts LLC boosted its holdings in ZoomInfo Technologies by 120.5% in the second quarter. Integrated Wealth Concepts LLC now owns 74,340 shares of the company’s stock worth $218,000 after purchasing an additional 40,629 shares during the period. NewEdge Advisors LLC boosted its holdings in ZoomInfo Technologies by 7,366.7% in the second quarter. NewEdge Advisors LLC now owns 13,440 shares of the company’s stock worth $39,000 after purchasing an additional 13,260 shares during the period. Finally, IFP Advisors Inc increased its stake in ZoomInfo Technologies by 269.8% during the second quarter. IFP Advisors Inc now owns 13,364 shares of the company’s stock valued at $39,000 after purchasing an additional 9,750 shares during the last quarter. 95.47% of the stock is owned by institutional investors.

About ZoomInfo Technologies

ZoomInfo Technologies provides go-to-market intelligence and workflow solutions designed to help businesses identify, engage and convert potential customers. Its platform combines business and professional data with tools for sales, marketing and recruiting teams, supporting activities such as account research, lead generation, customer segmentation and outreach.

The company’s products include contact and company intelligence, sales and marketing automation, conversation intelligence, website visitor identification and intent-data capabilities.