ZoomInfo Technologies Inc. (NASDAQ:GTM – Get Free Report) was the target of some unusual options trading on Monday. Investors acquired 10,102 call options on the stock. This represents an increase of approximately 151% compared to the average daily volume of 4,027 call options.
Analyst Ratings Changes
A number of equities research analysts have weighed in on GTM shares. Bank of America reissued an “underperform” rating and issued a $4.00 price target on shares of ZoomInfo Technologies in a report on Tuesday, May 19th. Mizuho reaffirmed an “underperform” rating and issued a $3.00 price objective (down from $10.00) on shares of ZoomInfo Technologies in a research note on Wednesday, May 13th. Piper Sandler reiterated a “neutral” rating and issued a $4.00 target price (down from $7.00) on shares of ZoomInfo Technologies in a report on Tuesday, May 12th. BTIG Research reissued a “neutral” rating on shares of ZoomInfo Technologies in a research note on Tuesday, May 12th. Finally, Canaccord Genuity Group cut shares of ZoomInfo Technologies from a “buy” rating to a “hold” rating and reduced their target price for the stock from $12.00 to $5.00 in a report on Tuesday, May 12th. One investment analyst has rated the stock with a Buy rating, ten have issued a Hold rating and seven have given a Sell rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average price target of $5.93.
ZoomInfo Technologies Trading Down 2.1%
ZoomInfo Technologies (NASDAQ:GTM – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.09. ZoomInfo Technologies had a positive return on equity of 20.16% and a negative net margin of 43.01%.The business had revenue of $310.40 million during the quarter. During the same quarter last year, the business earned $0.25 EPS. The company’s revenue for the quarter was up 1.2% compared to the same quarter last year. 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. On average, analysts expect that ZoomInfo Technologies will post 0.84 EPS for the current year.
Insiders Place Their Bets
In other news, Director Domenic Maida bought 27,500 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The stock was acquired 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 directly owned 66,342 shares of the company’s stock, valued at $238,831.20. This represents a 70.80% increase in their position. The acquisition was disclosed in a filing with the SEC, which is available through the SEC website. 9.90% of the stock is owned by corporate insiders.
Institutional Investors Weigh In On ZoomInfo Technologies
A number of large investors have recently made changes to their positions in GTM. Global Retirement Partners LLC purchased a new position in ZoomInfo Technologies during the 4th quarter worth approximately $26,000. Fifth Third Bancorp purchased a new stake in shares of ZoomInfo Technologies in the fourth quarter valued at $29,000. Covestor Ltd purchased a new stake in shares of ZoomInfo Technologies in the fourth quarter valued at $34,000. Wedmont Private Capital acquired a new stake in shares of ZoomInfo Technologies in the second quarter worth $36,000. Finally, Everhart Financial Group Inc. acquired a new stake in shares of ZoomInfo Technologies in the second quarter worth $40,000. Institutional investors and hedge funds own 95.47% of the company’s stock.
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.
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