ZoomInfo Technologies (NASDAQ:GTM) Shares Up 6% – Here’s What Happened

ZoomInfo Technologies Inc. (NASDAQ:GTM)’s stock price was up 6% during trading on Monday . The stock traded as high as $3.07 and last traded at $3.0950. 1,635,045 shares traded hands during trading, a decline of 85% from the average daily volume of 10,826,933 shares. The stock had previously closed at $2.92.

Key ZoomInfo Technologies News

Here are the key news stories impacting ZoomInfo Technologies this week:

• Positive Sentiment: ZoomInfo highlighted customer wins that may support the growth narrative, including Sharp Business Systems expanding thousands of accounts with ZoomInfo. Sharp Business Systems Expanded Thousands of Accounts with ZoomInfo
• Positive Sentiment: Redwood Logistics said ZoomInfo helped cut cost per click by nearly 99%, a strong efficiency case for the platform. Redwood Logistics Cut Cost Per Click by Nearly 99% with ZoomInfo
• Positive Sentiment: BDO Canada reported it cut market-intelligence update time from eight hours to one using ZoomInfo, underscoring product value and workflow automation benefits. BDO Canada Cut Market Intelligence Updates From 8 Hours to 1 With ZoomInfo

Wall Street Analysts Forecast Growth

A number of analysts have commented on the company. Citizens Jmp decreased their target price on ZoomInfo Technologies from $6.00 to $2.50 and set a “market underperform” rating on the stock in a research report on Tuesday, May 12th. Barclays cut their price target on ZoomInfo Technologies from $8.00 to $5.00 and set an “equal weight” rating for the company in a research note on Wednesday, May 13th. Canaccord Genuity Group lowered shares of ZoomInfo Technologies from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $12.00 to $5.00 in a research report on Tuesday, May 12th. Bank of America reiterated an “underperform” rating and issued a $4.00 price objective on shares of ZoomInfo Technologies in a research report on Tuesday, May 19th. Finally, Mizuho reissued an “underperform” rating and issued a $3.00 price objective (down from $10.00) on shares of ZoomInfo Technologies in a research note on Wednesday, May 13th. One investment analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and seven have assigned a Sell rating to the company. According to MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus target price of $5.96.

ZoomInfo Technologies Price Performance

The company has a 50-day moving average of $3.40 and a two-hundred day moving average of $5.86. 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 stock has a market capitalization of $890.05 million, a PE ratio of 7.55, a P/E/G ratio of 0.58 and a beta of 0.87.

ZoomInfo Technologies (NASDAQ:GTM) last released its 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. ZoomInfo Technologies had a net margin of 10.10% and a return on equity of 17.43%. The firm had revenue of $310.20 million during the quarter. During the same quarter in the previous year, the firm posted $0.23 earnings per share. ZoomInfo Technologies’s revenue for the quarter was up 1.5% compared to the same quarter last year. 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. Sell-side analysts predict that ZoomInfo Technologies Inc. will post 0.81 EPS for the current fiscal year.

Insider Activity

In other news, Director Domenic Maida purchased 27,500 shares of the stock in a transaction that occurred on Tuesday, May 26th. The stock was acquired at an average cost of $3.60 per share, with a total value of $99,000.00. Following the acquisition, the director owned 66,342 shares in the company, valued at approximately $238,831.20. This trade represents a 70.80% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. 9.90% of the stock is owned by corporate insiders.

Institutional Trading of ZoomInfo Technologies

Several institutional investors have recently added to or reduced their stakes in the stock. Global Retirement Partners LLC bought a new position in ZoomInfo Technologies in the fourth quarter worth about $26,000. Fifth Third Bancorp bought a new position in shares of ZoomInfo Technologies during the fourth quarter valued at approximately $29,000. Covestor Ltd acquired a new stake in shares of ZoomInfo Technologies during the 4th quarter worth approximately $34,000. Allworth Financial LP acquired a new stake in shares of ZoomInfo Technologies during the 3rd quarter worth approximately $40,000. Finally, Parallel Advisors LLC acquired a new stake in shares of ZoomInfo Technologies during the 4th quarter worth approximately $40,000. 95.47% of the stock is owned by institutional investors and hedge funds.

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.