ZoomInfo Technologies (NASDAQ:GTM) Shares Up 8.2% – What’s Next?

ZoomInfo Technologies Inc. (NASDAQ:GTM)’s share price was up 8.2% on Friday . The company traded as high as $2.80 and last traded at $2.8250. Approximately 2,821,839 shares were traded during mid-day trading, a decline of 73% from the average daily volume of 10,546,056 shares. The stock had previously closed at $2.61.

Wall Street Analysts Forecast Growth

Several equities research analysts have commented on the company. DA Davidson cut their price objective on ZoomInfo Technologies from $7.00 to $5.00 and set a “neutral” rating for the company in a research note on Tuesday, May 12th. Piper Sandler restated a “neutral” rating and issued a $4.00 price objective (down from $7.00) on shares of ZoomInfo Technologies in a report on Tuesday, May 12th. Jefferies Financial Group lowered shares of ZoomInfo Technologies from a “buy” rating to a “hold” rating and dropped their target price for the stock from $12.00 to $4.00 in a report on Thursday, May 21st. Barclays decreased their target price on shares of ZoomInfo Technologies from $8.00 to $5.00 and set an “equal weight” rating on the stock in a research note on Wednesday, May 13th. Finally, JPMorgan Chase & Co. lowered their price objective on ZoomInfo Technologies from $12.00 to $11.00 and set an “overweight” rating on the stock in a research note on Tuesday, May 12th. One investment analyst has rated the stock with a Buy rating, ten have issued a Hold rating and seven have given a Sell rating to the company. According to MarketBeat, the company has a consensus rating of “Reduce” and an average price target of $6.09.

ZoomInfo Technologies Price Performance

The stock’s 50 day simple moving average is $4.24 and its 200-day simple moving average is $6.51. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.69 and a quick ratio of 0.69. The company has a market capitalization of $814.90 million, a PE ratio of 6.91, a price-to-earnings-growth ratio of 0.53 and a beta of 0.88.

ZoomInfo Technologies (NASDAQ:GTM) last announced its earnings results on Monday, May 11th. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.10. The company had revenue of $310.20 million for the quarter. ZoomInfo Technologies had a return on equity of 17.43% and a net margin of 10.10%.The company’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same quarter last year, the business posted $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. As a group, equities analysts forecast that ZoomInfo Technologies Inc. will post 0.81 earnings per share for the current fiscal year.

Insider Activity

In other news, General Counsel Ashley Mcgrane sold 6,959 shares of ZoomInfo Technologies stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $5.87, for a total transaction of $40,849.33. Following the sale, the general counsel owned 76,872 shares of the company’s stock, valued at approximately $451,238.64. The trade was a 8.30% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, Director Domenic Maida acquired 27,500 shares of ZoomInfo Technologies stock in a transaction dated Tuesday, May 26th. The shares were acquired at an average price of $3.60 per share, with a total value of $99,000.00. Following the completion of the transaction, the director owned 66,342 shares of the company’s stock, valued at approximately $238,831.20. This trade represents a 70.80% increase in their position. The SEC filing for this purchase provides additional information. Company insiders own 9.90% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the business. Global Retirement Partners LLC bought a new position in ZoomInfo Technologies during the 4th quarter valued at $26,000. Fifth Third Bancorp acquired a new stake in ZoomInfo Technologies in the 4th quarter valued at about $29,000. Covestor Ltd acquired a new position in shares of ZoomInfo Technologies in the 4th quarter worth approximately $34,000. Allworth Financial LP acquired a new position in shares of ZoomInfo Technologies in the 3rd quarter worth approximately $40,000. Finally, Parallel Advisors LLC bought a new stake in shares of ZoomInfo Technologies in the 4th quarter worth approximately $40,000. Institutional investors own 95.47% of the company’s stock.

ZoomInfo Technologies Company Profile

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.