ZoomInfo Technologies (NASDAQ:GTM) Shares Down 5.9% – Should You Sell?

Shares of ZoomInfo Technologies Inc. (NASDAQ:GTM) fell 5.9% on Friday . The stock traded as low as $9.39 and last traded at $9.41. Approximately 2,078,284 shares traded hands during mid-day trading, a decline of 46% from the average session volume of 3,838,025 shares. The stock had previously closed at $10.00.

Analysts Set New Price Targets

A number of research firms have recently weighed in on GTM. Wells Fargo & Company began coverage on shares of ZoomInfo Technologies in a research report on Wednesday, October 1st. They issued an “underweight” rating and a $10.00 price objective for the company. UBS Group boosted their price target on ZoomInfo Technologies from $12.00 to $13.00 and gave the company a “neutral” rating in a report on Tuesday, November 4th. Citigroup raised their price objective on ZoomInfo Technologies from $11.00 to $13.00 and gave the stock a “neutral” rating in a report on Tuesday, November 4th. Royal Bank Of Canada upped their target price on ZoomInfo Technologies from $7.00 to $8.00 and gave the company an “underperform” rating in a research note on Tuesday, November 4th. Finally, BTIG Research began coverage on ZoomInfo Technologies in a report on Wednesday, December 17th. They issued a “buy” rating and a $13.00 price target for the company. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and an average price target of $11.61.

ZoomInfo Technologies Stock Performance

The stock has a market cap of $2.85 billion, a PE ratio of 29.52, a P/E/G ratio of 1.57 and a beta of 1.06. The company has a debt-to-equity ratio of 0.86, a current ratio of 0.67 and a quick ratio of 0.67. The stock has a 50-day simple moving average of $10.03 and a 200-day simple moving average of $10.48.

ZoomInfo Technologies (NASDAQ:GTM) last posted its earnings results on Monday, November 3rd. The company reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.11. The firm had revenue of $318.00 million during the quarter, compared to the consensus estimate of $303.86 million. ZoomInfo Technologies had a net margin of 8.40% and a return on equity of 14.55%. The company’s revenue was up 4.7% on a year-over-year basis. During the same quarter in the prior year, the company earned $0.28 EPS. 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 Activity at ZoomInfo Technologies

In related news, General Counsel Ashley Mcgrane sold 6,600 shares of ZoomInfo Technologies stock in a transaction on Tuesday, November 4th. The shares were sold at an average price of $11.69, for a total transaction of $77,154.00. Following the transaction, the general counsel owned 28,399 shares in the company, valued at approximately $331,984.31. The trade was a 18.86% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Corporate insiders own 9.00% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently added to or reduced their stakes in GTM. Retirement Systems of Alabama purchased a new stake in shares of ZoomInfo Technologies in the fourth quarter worth about $14,412,000. Pallas Capital Advisors LLC acquired a new stake in ZoomInfo Technologies in the fourth quarter valued at approximately $435,000. SG Americas Securities LLC acquired a new stake in ZoomInfo Technologies in the fourth quarter valued at approximately $522,000. Assenagon Asset Management S.A. purchased a new stake in shares of ZoomInfo Technologies during the fourth quarter valued at approximately $267,000. Finally, True Wealth Design LLC purchased a new stake in shares of ZoomInfo Technologies during the fourth quarter valued at approximately $74,000. 95.47% of the stock is 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.