ZoomInfo Technologies Inc. (NASDAQ:GTM – Get Free Report)’s stock price shot up 8.2% during trading on Friday . The company traded as high as $2.80 and last traded at $2.8250. Approximately 2,821,839 shares traded hands during mid-day trading, a decline of 73% from the average session volume of 10,546,056 shares. The stock had previously closed at $2.61.
Analysts Set New Price Targets
GTM has been the subject of a number of analyst reports. Stifel Nicolaus reiterated a “hold” rating and issued a $4.00 target price (down from $12.00) on shares of ZoomInfo Technologies in a research note on Tuesday, May 12th. Barclays dropped their price target on shares of ZoomInfo Technologies from $8.00 to $5.00 and set an “equal weight” rating on the stock in a research note on Wednesday, May 13th. Wall Street Zen lowered shares of ZoomInfo Technologies from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. UBS Group decreased their price objective on shares of ZoomInfo Technologies from $8.50 to $5.00 and set a “neutral” rating for the company in a report on Tuesday, May 12th. Finally, BTIG Research reissued a “neutral” rating on shares of ZoomInfo Technologies in a research report on Tuesday, May 12th. One analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and seven have issued a Sell rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Reduce” and a consensus target price of $6.09.
View Our Latest Analysis on ZoomInfo Technologies
ZoomInfo Technologies Stock Up 10.7%
ZoomInfo Technologies (NASDAQ:GTM – Get Free Report) last announced its quarterly earnings results on Monday, May 11th. The company reported $0.28 EPS for the quarter, beating 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 company had revenue of $310.20 million for the quarter. During the same quarter last year, the business earned $0.23 EPS. The company’s revenue for the quarter was up 1.5% on a year-over-year basis. 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. Analysts expect that ZoomInfo Technologies Inc. will post 0.81 EPS for the current year.
Insider Activity at ZoomInfo Technologies
In other ZoomInfo Technologies news, General Counsel Ashley Mcgrane sold 6,959 shares of the business’s stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $5.87, for a total transaction of $40,849.33. Following the completion of the transaction, the general counsel owned 76,872 shares of the company’s stock, valued at $451,238.64. The trade was a 8.30% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CRO James M. Roth sold 35,723 shares of the company’s stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $5.87, for a total transaction of $209,694.01. Following the sale, the executive owned 139,795 shares of the company’s stock, valued at $820,596.65. This trade represents a 20.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 9.90% of the stock is currently owned by company insiders.
Hedge Funds Weigh In On ZoomInfo Technologies
Large investors have recently made changes to their positions in the business. Advisory Services Network LLC acquired a new stake in ZoomInfo Technologies in the 3rd quarter valued at approximately $105,000. EMC Capital Management acquired a new position in shares of ZoomInfo Technologies during the third quarter worth approximately $76,000. CIBC Private Wealth Group LLC acquired a new position in shares of ZoomInfo Technologies during the third quarter worth approximately $5,419,000. JPMorgan Chase & Co. bought a new stake in shares of ZoomInfo Technologies in the third quarter valued at approximately $74,670,000. Finally, Swiss Life Asset Management Ltd bought a new stake in shares of ZoomInfo Technologies in the third quarter valued at approximately $140,000. Institutional investors and hedge funds own 95.47% of the company’s stock.
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.
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