ZoomInfo Technologies Inc. (NASDAQ:GTM – Get Free Report) hit a new 52-week low during mid-day trading on Tuesday . The stock traded as low as $2.54 and last traded at $2.65, with a volume of 14054194 shares traded. The stock had previously closed at $2.81.
Analysts Set New Price Targets
Several research firms have weighed in on GTM. Citizens Jmp lowered their price objective on shares of ZoomInfo Technologies from $6.00 to $2.50 and set a “market underperform” rating for the company in a research report on Tuesday, May 12th. Wells Fargo & Company reduced their target price on shares of ZoomInfo Technologies from $6.00 to $3.50 and set an “underweight” rating on the stock in a research report on Tuesday, May 12th. UBS Group decreased their price target on shares of ZoomInfo Technologies from $8.50 to $5.00 and set a “neutral” rating on the stock in a research note on Tuesday, May 12th. Jefferies Financial Group lowered shares of ZoomInfo Technologies from a “buy” rating to a “hold” rating and lowered their price target for the company from $12.00 to $4.00 in a report on Thursday, May 21st. Finally, Stifel Nicolaus restated 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 investment analyst has rated the stock with a Buy rating, ten have given a Hold rating and seven have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus target price of $6.09.
Check Out Our Latest Stock Analysis on ZoomInfo Technologies
ZoomInfo Technologies Stock Performance
ZoomInfo Technologies (NASDAQ:GTM – Get Free Report) last announced its quarterly earnings data on Monday, May 11th. The company reported $0.28 earnings per share for the quarter, topping 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 firm had revenue of $310.20 million during the quarter. During the same period in the prior year, the firm posted $0.23 earnings per share. The business’s revenue for the quarter was up 1.5% compared to the same quarter last year. 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. Research analysts predict that ZoomInfo Technologies Inc. will post 0.81 earnings per share for the current fiscal year.
Insider Transactions at ZoomInfo Technologies
In other ZoomInfo Technologies news, General Counsel Ashley Mcgrane sold 6,959 shares of the firm’s stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $5.87, for a total value of $40,849.33. Following the transaction, the general counsel directly owned 76,872 shares of the company’s stock, valued at approximately $451,238.64. This trade represents a 8.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Domenic Maida bought 27,500 shares of the stock in a transaction on Tuesday, May 26th. The shares were acquired at an average cost of $3.60 per share, with a total value of $99,000.00. Following the acquisition, the director directly owned 66,342 shares in the company, valued at approximately $238,831.20. This trade represents a 70.80% increase in their position. The disclosure for this purchase is available in the SEC filing. 9.90% of the stock is owned by corporate insiders.
Institutional Inflows and Outflows
Large investors have recently made changes to their positions in the stock. Global Retirement Partners LLC acquired a new stake in shares of ZoomInfo Technologies during the fourth quarter worth $26,000. Fifth Third Bancorp acquired a new position in ZoomInfo Technologies in the fourth quarter valued at about $29,000. Covestor Ltd bought a new position in ZoomInfo Technologies during the fourth quarter worth about $34,000. Allworth Financial LP bought a new position in ZoomInfo Technologies during the third quarter worth about $40,000. Finally, Parallel Advisors LLC acquired a new position in shares of ZoomInfo Technologies during the 4th quarter worth about $40,000. 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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