Principal Financial Group Inc. Grows Stake in ZoomInfo Technologies Inc. $GTM

Posted by Brian Himes on Jul 27th, 2026

Principal Financial Group Inc. lifted its position in ZoomInfo Technologies Inc. (NASDAQ:GTM – Free Report) by 120.6% during the 1st quarter, according to the company in its most recent Form 13F filing with the SEC. The firm owned 1,301,370 shares of the company’s stock after purchasing an additional 711,508 shares during the quarter. Principal Financial Group Inc.’s holdings in ZoomInfo Technologies were worth $7,782,000 at the end of the most recent quarter.

A number of other institutional investors and hedge funds also recently made changes to their positions in GTM. Vanguard Group Inc. purchased a new position in ZoomInfo Technologies during the fourth quarter worth about $255,416,000. Sachem Head Capital Management LP purchased a new stake in shares of ZoomInfo Technologies in the 4th quarter valued at about $150,465,000. Dimensional Fund Advisors LP purchased a new stake in shares of ZoomInfo Technologies in the 4th quarter valued at about $123,138,000. LSV Asset Management bought a new stake in shares of ZoomInfo Technologies during the 4th quarter valued at about $103,545,000. Finally, Geode Capital Management LLC bought a new stake in shares of ZoomInfo Technologies during the 4th quarter valued at about $55,441,000. Hedge funds and other institutional investors own 95.47% of the company’s stock.

Key Headlines Impacting ZoomInfo Technologies

Here are the key news stories impacting ZoomInfo Technologies this week:

Positive Sentiment: ZoomInfo spotlighted multiple customer wins showing its platform helped organizations save time, improve targeting, and generate revenue or donations, which supports the investment case for its AI GTM software. Phoenix Children’s Foundation Halves Its Prospecting Time with ZoomInfo
Positive Sentiment: Xactly said ZoomInfo data improved account scoring, with most wins and marketing-qualified leads coming from top-tier accounts, highlighting product effectiveness and potential customer retention benefits. Xactly Improved Account Scoring with ZoomInfo
Positive Sentiment: Arena and other customers said ZoomInfo generated enough business impact to quickly cover contract costs or contribute meaningfully to recurring revenue, suggesting strong ROI for the platform. How Arena Covered Its Entire ZoomInfo Contract Cost in the First Month
Negative Sentiment: Several law firms issued reminders and investor alerts tied to the ongoing securities class action against ZoomInfo, which keeps legal overhang and potential damages in focus for shareholders. Class Action Deadline Alert

Insider Activity

In other ZoomInfo Technologies news, Director Domenic Maida bought 27,500 shares of ZoomInfo Technologies stock in a transaction that occurred on Tuesday, May 26th. The shares were bought at an average price of $3.60 per share, with a total value of $99,000.00. Following the acquisition, the director owned 66,342 shares in the company, valued at approximately $238,831.20. This trade represents a 70.80% increase in their ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Company insiders own 9.90% of the company’s stock.

Wall Street Analysts Forecast Growth

Several research analysts recently weighed in on the stock. Wells Fargo & Company decreased their price objective on shares of ZoomInfo Technologies from $3.50 to $3.00 and set an “underweight” rating on the stock in a research report on Monday, July 20th. UBS Group dropped their target price on shares of ZoomInfo Technologies from $8.50 to $5.00 and set a “neutral” rating for the company in a research report on Tuesday, May 12th. 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. Jefferies Financial Group cut shares of ZoomInfo Technologies from a “buy” rating to a “hold” rating and lowered their price objective for the company from $12.00 to $4.00 in a research report on Thursday, May 21st. Finally, Barclays dropped their price objective on shares of ZoomInfo Technologies from $8.00 to $5.00 and set an “equal weight” rating for the company in a report on Wednesday, May 13th. One research analyst has rated the stock with a Buy rating, ten have given a Hold rating and seven have assigned a Sell rating to the stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and an average target price of $5.93.

Check Out Our Latest Analysis on GTM

ZoomInfo Technologies Stock Performance

Shares of NASDAQ GTM opened at $2.92 on Monday. The stock’s 50-day moving average is $3.06 and its 200 day moving average is $5.46. The stock has a market cap of $860.58 million, a price-to-earnings ratio of 7.30, a P/E/G ratio of 0.55 and a beta of 0.87. ZoomInfo Technologies Inc. has a 1-year low of $2.54 and a 1-year high of $12.51. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.89.

ZoomInfo Technologies (NASDAQ:GTM – Get Free Report) last issued its earnings results on Monday, May 11th. The company reported $0.28 earnings per share (EPS) 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 business had revenue of $310.20 million during the quarter. The firm’s quarterly revenue was up 1.5% compared to the same quarter last year. During the same period in the prior year, the company earned $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. On average, sell-side analysts anticipate that ZoomInfo Technologies Inc. will post 0.81 EPS for the current fiscal year.

ZoomInfo Technologies Profile

(Free Report)

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.