ZoomInfo Technologies (NASDAQ:GTM) Reaches New 12-Month Low – Here’s What Happened

Shares of ZoomInfo Technologies Inc. (NASDAQ:GTM) reached a new 52-week low on Wednesday . The company traded as low as $3.39 and last traded at $3.4050, with a volume of 643892 shares traded. The stock had previously closed at $3.50.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on the stock. BTIG Research restated a “neutral” rating on shares of ZoomInfo Technologies in a research note on Tuesday, May 12th. Royal Bank Of Canada lowered their price target on ZoomInfo Technologies from $8.00 to $7.00 and set an “underperform” rating for the company in a report on Tuesday, February 10th. DA Davidson lowered their price target on ZoomInfo Technologies from $7.00 to $5.00 and set a “neutral” rating for the company in a report on Tuesday, May 12th. Mizuho reaffirmed an “underperform” rating and issued a $3.00 price target (down from $10.00) on shares of ZoomInfo Technologies in a report on Wednesday, May 13th. Finally, Citizens Jmp lowered their price target on ZoomInfo Technologies from $6.00 to $2.50 and set a “market underperform” rating for the company in a report on Tuesday, May 12th. One 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’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus target price of $6.09.

ZoomInfo Technologies Price Performance

The stock has a fifty day moving average of $5.50 and a 200-day moving average of $7.59. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 0.89. The stock has a market capitalization of $976.99 million, a price-to-earnings ratio of 8.29, a P/E/G ratio of 0.70 and a beta of 1.04.

ZoomInfo Technologies (NASDAQ:GTM) last announced its quarterly earnings results on Monday, May 11th. The company reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.18 by $0.10. The firm had revenue of $310.20 million during the quarter. ZoomInfo Technologies had a return on equity of 17.43% and a net margin of 10.10%.The business’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same period last year, the company earned $0.23 earnings per share. ZoomInfo Technologies has set its FY 2026 guidance at 1.100-1.120 EPS and its Q2 2026 guidance at 0.260-0.280 EPS. On average, equities research analysts predict that ZoomInfo Technologies Inc. will post 0.79 EPS for the current fiscal year.

Insider Activity at ZoomInfo Technologies

In other news, CRO James M. Roth sold 35,723 shares of the stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $5.87, for a total value of $209,694.01. Following the completion of the sale, the executive directly owned 139,795 shares of the company’s stock, valued at approximately $820,596.65. This represents a 20.35% 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 this hyperlink. Also, General Counsel Ashley Mcgrane sold 6,959 shares of the stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $5.87, for a total value of $40,849.33. Following the completion of the sale, the general counsel directly owned 76,872 shares of the company’s stock, valued at $451,238.64. The trade was a 8.30% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 44,727 shares of company stock valued at $262,834 over the last three months. Corporate insiders own 9.90% of the company’s stock.

Institutional Investors Weigh In On ZoomInfo Technologies

Several large investors have recently modified their holdings of the company. Fred Alger Management LLC boosted its holdings in shares of ZoomInfo Technologies by 7.7% in the fourth quarter. Fred Alger Management LLC now owns 29,960 shares of the company’s stock valued at $305,000 after acquiring an additional 2,136 shares during the period. Global Retirement Partners LLC acquired a new stake in shares of ZoomInfo Technologies in the fourth quarter valued at approximately $26,000. Fifth Third Bancorp acquired a new stake in shares of ZoomInfo Technologies in the fourth quarter valued at approximately $29,000. Covestor Ltd acquired a new stake in shares of ZoomInfo Technologies in the fourth quarter valued at approximately $34,000. Finally, Allworth Financial LP acquired a new stake in shares of ZoomInfo Technologies in the third quarter valued at approximately $40,000. 95.47% of the stock is owned by institutional investors and hedge funds.

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.