1,417,099 Shares in ZoomInfo Technologies Inc. $GTM Acquired by Retirement Systems of Alabama

Retirement Systems of Alabama bought a new position in ZoomInfo Technologies Inc. (NASDAQ:GTM) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 1,417,099 shares of the company’s stock, valued at approximately $14,412,000.

Several other institutional investors have also recently added to or reduced their stakes in the business. JPMorgan Chase & Co. bought a new position in shares of ZoomInfo Technologies during the 3rd quarter worth approximately $74,670,000. CIBC Private Wealth Group LLC bought a new stake in shares of ZoomInfo Technologies in the 3rd quarter valued at $5,419,000. Wealth Enhancement Advisory Services LLC acquired a new position in shares of ZoomInfo Technologies during the 4th quarter valued at $1,358,000. New Mexico Educational Retirement Board acquired a new position in shares of ZoomInfo Technologies during the 3rd quarter valued at $681,000. Finally, SG Americas Securities LLC bought a new position in ZoomInfo Technologies during the fourth quarter worth $522,000. 95.47% of the stock is owned by institutional investors and hedge funds.

ZoomInfo Technologies Stock Down 0.7%

Shares of NASDAQ GTM opened at $5.81 on Friday. The company has a debt-to-equity ratio of 0.87, a current ratio of 0.72 and a quick ratio of 0.72. The company has a 50-day moving average price of $6.57 and a 200-day moving average price of $9.07. The stock has a market capitalization of $1.77 billion, a P/E ratio of 15.29, a P/E/G ratio of 1.64 and a beta of 1.08. ZoomInfo Technologies Inc. has a 1 year low of $5.57 and a 1 year high of $12.51.

ZoomInfo Technologies (NASDAQ:GTM) last posted its earnings results on Monday, February 9th. The company reported $0.32 earnings per share for the quarter, topping analysts’ consensus estimates of $0.20 by $0.12. ZoomInfo Technologies had a net margin of 9.94% and a return on equity of 16.32%. The company had revenue of $319.10 million for the quarter. During the same quarter in the prior year, the company earned $0.26 EPS. The company’s revenue was up 3.2% on a year-over-year basis. ZoomInfo Technologies has set its Q1 2026 guidance at 0.250-0.270 EPS and its FY 2026 guidance at 1.100-1.120 EPS.

Wall Street Analysts Forecast Growth

A number of research firms have commented on GTM. Citizens Jmp cut shares of ZoomInfo Technologies from a “market perform” rating to a “mkt underperform” rating and set a $6.00 price target for the company. in a report on Tuesday, February 10th. KeyCorp raised shares of ZoomInfo Technologies from an “underweight” rating to a “sector weight” rating in a research report on Monday, December 15th. Jefferies Financial Group reduced their target price on ZoomInfo Technologies from $16.00 to $12.00 and set a “buy” rating for the company in a research note on Tuesday, February 3rd. Wall Street Zen lowered ZoomInfo Technologies from a “buy” rating to a “hold” rating in a research report on Saturday, March 28th. Finally, DA Davidson dropped their price target on ZoomInfo Technologies from $13.00 to $7.00 and set a “neutral” rating on the stock in a research note on Wednesday, February 11th. One equities research analyst has rated the stock with a Strong Buy rating, two have assigned a Buy rating, seven have given a Hold rating and four have given a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $9.25.

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.