ZoomInfo Technologies (NASDAQ:GTM) Shares Down 5.9% – What’s Next?

ZoomInfo Technologies Inc. (NASDAQ:GTM) traded down 5.9% during trading on Friday . The stock traded as low as $9.39 and last traded at $9.41. 2,078,284 shares traded hands during trading, a decline of 46% from the average session volume of 3,838,025 shares. The stock had previously closed at $10.00.

Analyst Upgrades and Downgrades

Several brokerages recently issued reports on GTM. Wells Fargo & Company initiated coverage on shares of ZoomInfo Technologies in a report on Wednesday, October 1st. They set an “underweight” rating and a $10.00 target price for the company. UBS Group boosted their price objective on ZoomInfo Technologies from $12.00 to $13.00 and gave the company a “neutral” rating in a report on Tuesday, November 4th. Royal Bank Of Canada lifted their price target on ZoomInfo Technologies from $7.00 to $8.00 and gave the company an “underperform” rating in a research report on Tuesday, November 4th. KeyCorp raised ZoomInfo Technologies from an “underweight” rating to a “sector weight” rating in a report on Monday, December 15th. Finally, BTIG Research began coverage on shares of ZoomInfo Technologies in a report on Wednesday, December 17th. They set a “buy” rating and a $13.00 target price for the company. One research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, six have assigned a Hold rating and three have given a Sell rating to the company’s stock. According to MarketBeat, ZoomInfo Technologies currently has an average rating of “Hold” and a consensus price target of $11.61.

ZoomInfo Technologies Stock Down 9.7%

The company has a debt-to-equity ratio of 0.86, a current ratio of 0.67 and a quick ratio of 0.67. The business’s 50 day moving average price is $10.00 and its 200 day moving average price is $10.47. The firm has a market cap of $2.81 billion, a PE ratio of 29.13, a PEG ratio of 1.41 and a beta of 1.06.

ZoomInfo Technologies (NASDAQ:GTM) last posted its quarterly earnings data on Monday, November 3rd. The company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.11. ZoomInfo Technologies had a return on equity of 14.55% and a net margin of 8.40%.The company had revenue of $318.00 million for the quarter, compared to analysts’ expectations of $303.86 million. During the same period in the previous year, the firm posted $0.28 EPS. ZoomInfo Technologies’s revenue was up 4.7% compared to the same quarter last year. ZoomInfo Technologies has set its FY 2025 guidance at 1.040-1.060 EPS and its Q4 2025 guidance at 0.270-0.290 EPS.

Insider Activity

In related news, General Counsel Ashley Mcgrane sold 6,600 shares of the stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $11.69, for a total value of $77,154.00. Following the completion of the sale, the general counsel owned 28,399 shares of the company’s stock, valued at approximately $331,984.31. This trade represents a 18.86% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. 9.00% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently modified their holdings of GTM. Allworth Financial LP acquired a new position in ZoomInfo Technologies in the 3rd quarter valued at about $40,000. GAMMA Investing LLC purchased a new stake in shares of ZoomInfo Technologies in the 4th quarter valued at approximately $47,000. EMC Capital Management purchased a new position in shares of ZoomInfo Technologies during the 3rd quarter worth approximately $76,000. True Wealth Design LLC purchased a new stake in ZoomInfo Technologies in the fourth quarter valued at approximately $74,000. Finally, Advisory Services Network LLC acquired a new stake in shares of ZoomInfo Technologies in the third quarter valued at $105,000. Hedge funds and other institutional investors 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.