Kennedy Capital Management LLC Invests $15.05 Million in ZoomInfo Technologies Inc. $GTM

Kennedy Capital Management LLC bought a new position in ZoomInfo Technologies Inc. (NASDAQ:GTM) in the fourth quarter, HoldingsChannel reports. The firm bought 1,479,924 shares of the company’s stock, valued at approximately $15,051,000.

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

Insiders Place Their Bets

In other news, Director Domenic Maida bought 27,500 shares of the stock in a transaction on Tuesday, May 26th. The stock was acquired at an average cost of $3.60 per share, for a total transaction of $99,000.00. Following the acquisition, the director owned 66,342 shares of the company’s stock, valued at $238,831.20. This represents a 70.80% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, General Counsel Ashley Mcgrane sold 6,959 shares of the company’s stock in a transaction on Thursday, April 2nd. The stock was 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 owned 76,872 shares of the company’s stock, 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. Company insiders own 9.90% of the company’s stock.

Wall Street Analyst Weigh In

Several brokerages have commented on GTM. Stifel Nicolaus reaffirmed a “hold” rating and issued a $4.00 price objective (down from $12.00) on shares of ZoomInfo Technologies in a research report on Tuesday, May 12th. Barclays cut their price objective on ZoomInfo Technologies from $8.00 to $5.00 and set an “equal weight” rating on the stock in a research report on Wednesday, May 13th. BTIG Research reaffirmed a “neutral” rating on shares of ZoomInfo Technologies in a research report on Tuesday, May 12th. Mizuho reaffirmed an “underperform” rating and issued a $3.00 price objective (down from $10.00) on shares of ZoomInfo Technologies in a research report on Wednesday, May 13th. Finally, Canaccord Genuity Group downgraded ZoomInfo Technologies from a “buy” rating to a “hold” rating and cut their price objective for the company from $12.00 to $5.00 in a research report on Tuesday, May 12th. One research analyst has rated the stock with a Buy rating, ten have issued a Hold rating and seven have assigned a Sell rating to the company. According to data from MarketBeat.com, ZoomInfo Technologies has a consensus rating of “Reduce” and a consensus target price of $6.09.

ZoomInfo Technologies Price Performance

Shares of GTM stock opened at $2.81 on Monday. ZoomInfo Technologies Inc. has a twelve month low of $2.59 and a twelve month high of $12.51. The stock has a market capitalization of $828.16 million, a price-to-earnings ratio of 7.03, a P/E/G ratio of 0.53 and a beta of 0.88. The stock has a fifty day simple moving average of $4.77 and a two-hundred day simple moving average of $6.96. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.89.

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

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.