Royal Bank of Canada Grows Stake in ZoomInfo Technologies Inc. $GTM

Royal Bank of Canada lifted its holdings in shares of ZoomInfo Technologies Inc. (NASDAQ:GTM) by 116.3% during the first quarter, according to its most recent disclosure with the SEC. The fund owned 270,873 shares of the company’s stock after acquiring an additional 145,638 shares during the period. Royal Bank of Canada owned approximately 0.09% of ZoomInfo Technologies worth $1,620,000 at the end of the most recent quarter.

A number of other large investors have also recently made changes to their positions in GTM. Fred Alger Management LLC lifted its position in ZoomInfo Technologies by 7.7% during the fourth quarter. Fred Alger Management LLC now owns 29,960 shares of the company’s stock valued at $305,000 after purchasing an additional 2,136 shares during the period. Global Retirement Partners LLC purchased a new position in ZoomInfo Technologies in the fourth quarter valued at $26,000. Fifth Third Bancorp purchased a new position in shares of ZoomInfo Technologies during the 4th quarter valued at approximately $29,000. Covestor Ltd purchased a new position in ZoomInfo Technologies in the 4th quarter valued at about $34,000. Finally, Parallel Advisors LLC purchased a new position in ZoomInfo Technologies in the 4th quarter valued at about $40,000. 95.47% of the stock is owned by hedge funds and other institutional investors.

ZoomInfo Technologies Price Performance

GTM stock opened at $3.82 on Thursday. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 1.52. The firm has a 50-day moving average of $3.21 and a two-hundred day moving average of $4.74. ZoomInfo Technologies Inc. has a 12 month low of $2.54 and a 12 month high of $12.51. The company has a market cap of $1.11 billion, a price-to-earnings ratio of -2.05, a PEG ratio of 0.60 and a beta of 0.85.

ZoomInfo Technologies (NASDAQ:GTM) last issued its earnings results on Wednesday, August 5th. The company reported $0.28 earnings per share for the quarter, topping the consensus estimate of $0.19 by $0.09. The business had revenue of $310.40 million for the quarter. ZoomInfo Technologies had a positive return on equity of 20.16% and a negative net margin of 43.01%.The company’s revenue for the quarter was up 1.2% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.25 earnings per share. ZoomInfo Technologies has set its FY 2026 guidance at 1.120-1.130 EPS and its Q3 2026 guidance at 0.280-0.290 EPS. As a group, analysts forecast that ZoomInfo Technologies Inc. will post 0.84 earnings per share for the current fiscal year.

Insiders Place Their Bets

In related news, Director Domenic Maida acquired 27,500 shares of the stock in a transaction on Tuesday, May 26th. The shares were bought at an average price of $3.60 per share, with a total value of $99,000.00. Following the completion of the purchase, the director owned 66,342 shares of the company’s stock, valued at approximately $238,831.20. This represents a 70.80% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 9.90% of the company’s stock.

Trending Headlines about ZoomInfo Technologies

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

• Positive Sentiment: Customer case-study data provided a modestly favorable operating signal: Pacific Energy Concepts reportedly increased its call-connect rate by 53.42% and prospecting activity by 60.75% after adopting ZoomInfo’s platform. However, this is a customer testimonial rather than a new contract or financial forecast. Pacific Energy Concepts Lifted Call Connect Rates More Than 53% with ZoomInfo

Analysts Set New Price Targets

GTM has been the subject of several research reports. BTIG Research reiterated a “neutral” rating on shares of ZoomInfo Technologies in a research note on Tuesday, May 12th. Citizens Jmp lowered their price target on ZoomInfo Technologies from $6.00 to $2.50 and set a “market underperform” rating on the stock in a research note on Tuesday, May 12th. Stifel Nicolaus lifted their price target on ZoomInfo Technologies from $3.50 to $4.00 and gave the stock a “hold” rating in a research note on Thursday, August 6th. UBS Group dropped their price target on ZoomInfo Technologies from $5.00 to $4.50 and set a “neutral” rating for the company in a research report on Thursday, August 6th. Finally, DA Davidson reduced their price objective on ZoomInfo Technologies from $5.00 to $4.50 and set a “neutral” rating for the company in a research note on Thursday, August 6th. One equities research analyst has rated the stock with a Buy rating, ten have given a Hold rating and seven have issued a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and a consensus price target of $5.93.

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.