Insider Selling: ZoomInfo Technologies (NASDAQ:GTM) CRO Sells $76,860.10 in Stock

ZoomInfo Technologies Inc. (NASDAQ:GTM) CRO James Roth sold 20,773 shares of the firm’s stock in a transaction dated Friday, October 2nd. The stock was sold at an average price of $3.70, for a total value of $76,860.10. Following the completion of the transaction, the executive directly owned 270,507 shares in the company, valued at $1,000,875.90. This trade represents a 7.13% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

ZoomInfo Technologies Trading Up 1.1%

Shares of NASDAQ:GTM opened at $3.69 on Thursday. The stock has a 50 day moving average of $3.90 and a 200 day moving average of $4.11. The company has a market cap of $1.07 billion, a PE ratio of -1.98, a price-to-earnings-growth ratio of 0.57 and a beta of 0.87. The company has a current ratio of 0.65, a quick ratio of 0.65 and a debt-to-equity ratio of 1.52. ZoomInfo Technologies Inc. has a 12-month low of $2.54 and a 12-month high of $12.31.

ZoomInfo Technologies (NASDAQ:GTM) last released its earnings results on Wednesday, August 5th. The company reported $0.28 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.09. ZoomInfo Technologies had a negative net margin of 43.01% and a positive return on equity of 20.16%. The company had revenue of $310.40 million for the quarter. During the same quarter in the previous year, the business posted $0.25 EPS. ZoomInfo Technologies’s revenue was up 1.2% on a year-over-year basis. 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, equities research analysts expect that ZoomInfo Technologies Inc. will post 0.83 EPS for the current year.

Institutional Investors Weigh In On ZoomInfo Technologies

Several institutional investors have recently made changes to their positions in the company. Sequoia Financial Advisors LLC boosted its position in shares of ZoomInfo Technologies by 200.3% during the second quarter. Sequoia Financial Advisors LLC now owns 77,636 shares of the company’s stock valued at $227,000 after buying an additional 51,787 shares during the period. Engineers Gate Manager LP boosted its stake in shares of ZoomInfo Technologies by 520.9% during the second quarter. Engineers Gate Manager LP now owns 245,525 shares of the company’s stock valued at $719,000 after purchasing an additional 205,984 shares during the period. Integrated Wealth Concepts LLC grew its holdings in shares of ZoomInfo Technologies by 120.5% in the second quarter. Integrated Wealth Concepts LLC now owns 74,340 shares of the company’s stock worth $218,000 after purchasing an additional 40,629 shares during the last quarter. NewEdge Advisors LLC grew its holdings in shares of ZoomInfo Technologies by 7,366.7% in the second quarter. NewEdge Advisors LLC now owns 13,440 shares of the company’s stock worth $39,000 after purchasing an additional 13,260 shares during the last quarter. Finally, IFP Advisors Inc increased its stake in ZoomInfo Technologies by 269.8% in the 2nd quarter. IFP Advisors Inc now owns 13,364 shares of the company’s stock worth $39,000 after buying an additional 9,750 shares during the period. Institutional investors own 95.47% of the company’s stock.

Analyst Ratings Changes

Several research analysts have weighed in on the company. 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 note on Thursday, August 6th. Stifel Nicolaus boosted their target price on shares of ZoomInfo Technologies from $3.50 to $4.00 and gave the stock a “hold” rating in a report on Thursday, August 6th. DA Davidson dropped their target price on shares of ZoomInfo Technologies from $5.00 to $4.50 and set a “neutral” rating for the company in a research report on Thursday, August 6th. Wells Fargo & Company cut their target price on shares of ZoomInfo Technologies from $3.50 to $3.00 and set an “underweight” rating for the company in a research note on Monday, July 20th. Finally, Citigroup lifted their price target on shares of ZoomInfo Technologies from $2.00 to $2.50 and gave the company a “sell” rating in a report on Friday, August 7th. One 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. Based on data from MarketBeat, ZoomInfo Technologies currently has an average rating of “Reduce” and an average target price of $5.93.

ZoomInfo Technologies Company Profile

ZoomInfo Technologies provides go-to-market intelligence and workflow solutions designed to help businesses identify, engage and convert potential customers. Its platform combines business and professional data with tools for sales, marketing and recruiting teams, supporting activities such as account research, lead generation, customer segmentation and outreach.

The company’s products include contact and company intelligence, sales and marketing automation, conversation intelligence, website visitor identification and intent-data capabilities.