Legal & General Group Plc purchased a new stake in ZoomInfo Technologies Inc. (NASDAQ:GTM – Free Report) during the 4th quarter, HoldingsChannel reports. The fund purchased 402,287 shares of the company’s stock, valued at approximately $4,091,000.
Several other institutional investors have also bought and sold shares of the stock. Global Retirement Partners LLC acquired a new stake in ZoomInfo Technologies in the 4th quarter valued at $26,000. Fifth Third Bancorp acquired a new stake in ZoomInfo Technologies in the 4th quarter valued at $29,000. Covestor Ltd acquired a new stake in ZoomInfo Technologies in the 4th quarter valued at $34,000. Allworth Financial LP acquired a new stake in ZoomInfo Technologies in the 3rd quarter valued at $40,000. Finally, GAMMA Investing LLC acquired a new stake in ZoomInfo Technologies in the 4th quarter valued at $47,000. Institutional investors and hedge funds own 95.47% of the company’s stock.
Analysts Set New Price Targets
Several analysts recently commented on the company. Canaccord Genuity Group lowered ZoomInfo Technologies from a “buy” rating to a “hold” rating and decreased their price target for the company from $12.00 to $5.00 in a research note on Tuesday, May 12th. Wells Fargo & Company decreased their price target on ZoomInfo Technologies from $6.00 to $3.50 and set an “underweight” rating on the stock in a research note on Tuesday, May 12th. Mizuho reaffirmed an “underperform” rating and issued a $3.00 price target (down from $10.00) on shares of ZoomInfo Technologies in a research note on Wednesday, May 13th. Morgan Stanley decreased their price target on ZoomInfo Technologies from $13.00 to $9.00 and set an “equal weight” rating on the stock in a research note on Tuesday, February 10th. Finally, Stifel Nicolaus reiterated 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. One analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and seven have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of $6.09.
Insider Transactions at ZoomInfo Technologies
In other news, Director Domenic Maida bought 27,500 shares of the company’s stock in a transaction dated Tuesday, May 26th. The stock was bought at an average price of $3.60 per share, for a total transaction of $99,000.00. Following the completion of the transaction, the director directly owned 66,342 shares in the company, valued at $238,831.20. The trade was a 70.80% increase in their position. The acquisition was disclosed in a legal filing with the SEC, which is available at the SEC website. Also, CRO James M. Roth sold 35,723 shares of the business’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 $209,694.01. Following the sale, the executive owned 139,795 shares of the company’s stock, valued at approximately $820,596.65. The trade was a 20.35% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold a total of 44,727 shares of company stock worth $262,834 over the last 90 days. 9.90% of the stock is owned by insiders.
ZoomInfo Technologies Trading Down 4.4%
Shares of GTM opened at $2.85 on Tuesday. The stock has a fifty day moving average price of $5.02 and a two-hundred day moving average price of $7.15. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.69 and a current ratio of 0.69. ZoomInfo Technologies Inc. has a 52-week low of $2.84 and a 52-week high of $12.51. The company has a market cap of $839.95 million, a price-to-earnings ratio of 7.13, a PEG ratio of 0.56 and a beta of 0.88.
ZoomInfo Technologies (NASDAQ:GTM – Get Free Report) last issued its quarterly earnings data on Monday, May 11th. The company reported $0.28 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.10. The firm had revenue of $310.20 million during the quarter. ZoomInfo Technologies had a return on equity of 17.43% and a net margin of 10.10%.The company’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $0.23 EPS. 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 predict that ZoomInfo Technologies Inc. will post 0.81 EPS for the current fiscal year.
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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