ZoomInfo Technologies (NASDAQ:GTM) CFO Michael Graham O’brien Sells 5,000 Shares of Stock

ZoomInfo Technologies Inc. (NASDAQ:GTM) CFO Michael Graham O’brien sold 5,000 shares of the business’s stock in a transaction on Friday, October 9th. The stock was sold at an average price of $4.00, for a total transaction of $20,000.00. Following the completion of the sale, the chief financial officer directly owned 329,132 shares of the company’s stock, valued at $1,316,528. This represents a 1.50% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

ZoomInfo Technologies Stock Performance

NASDAQ GTM opened at $3.94 on Wednesday. The company has a 50-day simple moving average of $3.93 and a two-hundred day simple moving average of $4.05. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 1.52. ZoomInfo Technologies Inc. has a 12-month low of $2.54 and a 12-month high of $12.31. The firm has a market cap of $1.15 billion, a price-to-earnings ratio of 4.62, a PEG ratio of 0.61 and a beta of 0.87.

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, topping the consensus estimate of $0.19 by $0.09. The business 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%. ZoomInfo Technologies’s revenue was up 1.2% compared to the same quarter last year. During the same quarter in the previous year, the business 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. On average, equities analysts forecast that ZoomInfo Technologies Inc. will post 0.83 EPS for the current year.

Analysts Set New Price Targets

GTM has been the topic of several recent analyst reports. Wells Fargo & Company cut 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. DA Davidson lowered their price target on shares of ZoomInfo Technologies from $5.00 to $4.50 and set a “neutral” rating for the company in a report on Thursday, August 6th. UBS Group lowered their price target on shares of ZoomInfo Technologies from $5.00 to $4.50 and set a “neutral” rating for the company in a report on Thursday, August 6th. Citigroup increased their price target on shares of ZoomInfo Technologies from $2.00 to $2.50 and gave the company a “sell” rating in a research report on Friday, August 7th. Finally, Stifel Nicolaus raised their price target on shares of ZoomInfo Technologies from $3.50 to $4.00 and gave the stock a “hold” rating in a 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 issued a Sell rating to the company. Based on data from MarketBeat.com, ZoomInfo Technologies presently has an average rating of “Reduce” and an average price target of $5.93.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the business. RPD Fund Management LLC increased its position in shares of ZoomInfo Technologies by 78.6% during the first quarter. RPD Fund Management LLC now owns 17,199,109 shares of the company’s stock valued at $102,851,000 after buying an additional 7,570,791 shares during the period. Dimensional Fund Advisors LP raised its stake in ZoomInfo Technologies by 24.7% in the first quarter. Dimensional Fund Advisors LP now owns 15,100,675 shares of the company’s stock worth $90,302,000 after buying an additional 2,992,276 shares in the last quarter. Sachem Head Capital Management LP bought a new position in ZoomInfo Technologies in the fourth quarter worth about $150,465,000. Quantinno Capital Management LP lifted its holdings in ZoomInfo Technologies by 127.7% in the first quarter. Quantinno Capital Management LP now owns 4,144,952 shares of the company’s stock worth $24,787,000 after buying an additional 2,324,381 shares during the period. Finally, Bank of America Corp DE lifted its holdings in ZoomInfo Technologies by 81.1% in the first quarter. Bank of America Corp DE now owns 1,898,951 shares of the company’s stock worth $11,356,000 after buying an additional 850,386 shares during the period. Hedge funds and other institutional investors own 95.47% of the company’s stock.

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.