Barclays Cuts ZoomInfo Technologies (NASDAQ:GTM) Price Target to $12.00

ZoomInfo Technologies (NASDAQ:GTM) had its price target reduced by Barclays from $14.00 to $12.00 in a research note released on Monday,Benzinga reports. They currently have an equal weight rating on the stock.

GTM has been the topic of a number of other reports. The Goldman Sachs Group increased their target price on shares of ZoomInfo Technologies from $9.40 to $10.70 and gave the company a “sell” rating in a research report on Tuesday, November 4th. UBS Group raised their price objective on ZoomInfo Technologies from $12.00 to $13.00 and gave the stock a “neutral” rating in a report on Tuesday, November 4th. Citigroup lifted their target price on ZoomInfo Technologies from $11.00 to $13.00 and gave the stock a “neutral” rating in a research report on Tuesday, November 4th. BTIG Research started coverage on ZoomInfo Technologies in a research note on Wednesday, December 17th. They set a “buy” rating and a $13.00 price target on the stock. Finally, KeyCorp raised ZoomInfo Technologies from an “underweight” rating to a “sector weight” rating in a research report on Monday, December 15th. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and a consensus price target of $11.61.

ZoomInfo Technologies Price Performance

Shares of NASDAQ GTM opened at $10.08 on Monday. The stock’s 50-day simple moving average is $10.05 and its 200-day simple moving average is $10.48. The firm has a market capitalization of $3.14 billion, a PE ratio of 32.52, a price-to-earnings-growth ratio of 1.57 and a beta of 1.06. ZoomInfo Technologies has a fifty-two week low of $7.01 and a fifty-two week high of $12.63. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.67 and a current ratio of 0.67.

ZoomInfo Technologies (NASDAQ:GTM) last announced its quarterly earnings results on Monday, November 3rd. The company reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.17 by $0.11. ZoomInfo Technologies had a return on equity of 14.55% and a net margin of 8.40%.The firm had revenue of $318.00 million during the quarter, compared to the consensus estimate of $303.86 million. During the same period in the prior year, the company posted $0.28 earnings per share. The firm’s quarterly revenue was up 4.7% compared to the same quarter last year. ZoomInfo Technologies has set its FY 2025 guidance at 1.040-1.060 EPS and its Q4 2025 guidance at 0.270-0.290 EPS.

Insider Transactions at ZoomInfo Technologies

In other ZoomInfo Technologies news, General Counsel Ashley Mcgrane sold 6,600 shares of the company’s stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $11.69, for a total transaction of $77,154.00. Following the completion of the sale, the general counsel directly owned 28,399 shares of the company’s stock, valued at $331,984.31. This represents a 18.86% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 9.00% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently modified their holdings of GTM. EMC Capital Management acquired a new stake in shares of ZoomInfo Technologies during the third quarter worth $76,000. JPMorgan Chase & Co. acquired a new stake in shares of ZoomInfo Technologies in the 3rd quarter worth $74,670,000. CIBC Private Wealth Group LLC purchased a new stake in shares of ZoomInfo Technologies in the third quarter valued at about $5,419,000. New Mexico Educational Retirement Board purchased a new stake in shares of ZoomInfo Technologies in the third quarter valued at about $681,000. Finally, True Wealth Design LLC acquired a new position in shares of ZoomInfo Technologies during the fourth quarter worth about $74,000. 95.47% of the stock is currently owned by hedge funds and other institutional investors.

About ZoomInfo Technologies

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.