ZoomInfo Technologies (NASDAQ:GTM) Trading 10.7% Higher – Here’s What Happened

ZoomInfo Technologies Inc. (NASDAQ:GTM)’s stock price traded up 10.7% on Monday . The stock traded as high as $3.75 and last traded at $3.6850. 2,461,547 shares were traded during mid-day trading, a decline of 76% from the average session volume of 10,158,249 shares. The stock had previously closed at $3.33.

Analyst Ratings Changes

Several analysts have recently weighed in on the stock. Piper Sandler reiterated a “neutral” rating and issued a $4.00 price objective (down from $7.00) on shares of ZoomInfo Technologies in a research note on Tuesday, May 12th. Morgan Stanley lowered their price objective on shares of ZoomInfo Technologies from $13.00 to $9.00 and set an “equal weight” rating for the company in a research note on Tuesday, February 10th. Citigroup lowered their price objective on shares of ZoomInfo Technologies from $5.00 to $4.00 and set a “sell” rating for the company in a research note on Wednesday, May 13th. Bank of America reiterated an “underperform” rating and issued a $4.00 price objective on shares of ZoomInfo Technologies in a research note on Tuesday, May 19th. Finally, UBS Group lowered their price objective on shares of ZoomInfo Technologies from $8.50 to $5.00 and set a “neutral” rating for the company in a research note on Tuesday, May 12th. One analyst has rated the stock with a Buy rating, ten have issued a Hold rating and seven have issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Reduce” and an average price target of $6.09.

ZoomInfo Technologies Trading Down 10.5%

The firm’s 50-day moving average is $5.30 and its 200-day moving average is $7.39. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.89. The firm has a market cap of $1.01 billion, a price-to-earnings ratio of 8.55, a P/E/G ratio of 0.72 and a beta of 0.88.

ZoomInfo Technologies (NASDAQ:GTM) last posted its quarterly earnings results on Monday, May 11th. The company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.10. ZoomInfo Technologies had a net margin of 10.10% and a return on equity of 17.43%. The business had revenue of $310.20 million during the quarter. During the same period in the previous year, the business posted $0.23 EPS. The business’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. As a group, sell-side analysts anticipate that ZoomInfo Technologies Inc. will post 0.81 EPS for the current fiscal year.

Insider Activity at ZoomInfo Technologies

In other news, Director Domenic Maida acquired 27,500 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were purchased at an average cost of $3.60 per share, with a total value of $99,000.00. Following the acquisition, the director directly owned 66,342 shares of the company’s stock, valued at $238,831.20. The trade was a 70.80% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, General Counsel Ashley Mcgrane sold 6,959 shares of ZoomInfo Technologies stock in a transaction 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 transaction, the general counsel directly owned 76,872 shares in the company, valued at $451,238.64. This represents a 8.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 44,727 shares of company stock valued at $262,834. 9.90% of the stock is owned by company insiders.

Hedge Funds Weigh In On ZoomInfo Technologies

A number of hedge funds have recently bought and sold shares of GTM. Global Retirement Partners LLC purchased a new position in ZoomInfo Technologies during the 4th quarter worth $26,000. Fifth Third Bancorp purchased a new position in ZoomInfo Technologies during the 4th quarter worth $29,000. Covestor Ltd purchased a new position in ZoomInfo Technologies during the 4th quarter worth $34,000. Allworth Financial LP purchased a new position in ZoomInfo Technologies during the 3rd quarter worth $40,000. Finally, Parallel Advisors LLC purchased a new position in ZoomInfo Technologies during the 4th quarter worth $40,000. 95.47% of the stock is owned by hedge funds and other institutional investors.

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.