ZoomInfo Technologies Inc. (NASDAQ:GTM – Get Free Report) shares traded down 7.3% during trading on Monday . The company traded as low as $2.64 and last traded at $2.6050. 1,543,568 shares were traded during trading, a decline of 85% from the average session volume of 10,500,350 shares. The stock had previously closed at $2.81.
Analysts Set New Price Targets
Several research firms have recently weighed in on GTM. Citizens Jmp lowered their price objective on ZoomInfo Technologies from $6.00 to $2.50 and set a “market underperform” rating on the stock in a research note on Tuesday, May 12th. JPMorgan Chase & Co. decreased their price target on ZoomInfo Technologies from $12.00 to $11.00 and set an “overweight” rating on the stock in a research note on Tuesday, May 12th. Bank of America reiterated an “underperform” rating and set a $4.00 price objective on shares of ZoomInfo Technologies in a research note on Tuesday, May 19th. Jefferies Financial Group cut ZoomInfo Technologies from a “buy” rating to a “hold” rating and cut their price objective for the company from $12.00 to $4.00 in a report on Thursday, May 21st. Finally, Canaccord Genuity Group downgraded shares of ZoomInfo Technologies from a “buy” rating to a “hold” rating and reduced their target price for the company from $12.00 to $5.00 in a research note on Tuesday, May 12th. One research analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and seven have given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Reduce” and an average target price of $6.09.
Get Our Latest Report on ZoomInfo Technologies
ZoomInfo Technologies Trading Down 7.7%
ZoomInfo Technologies (NASDAQ:GTM – Get Free Report) last posted its quarterly earnings data on Monday, May 11th. The company reported $0.28 earnings per share 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 net margin of 10.10% and a return on equity of 17.43%. The company’s revenue was up 1.5% compared to the same quarter last year. During the same quarter in the previous year, the business 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. On average, research analysts predict that ZoomInfo Technologies Inc. will post 0.81 earnings per share for the current year.
Insiders Place Their Bets
In other ZoomInfo Technologies news, Director Domenic Maida bought 27,500 shares of the business’s stock in a transaction on Tuesday, May 26th. The shares were bought at an average cost of $3.60 per share, for a total transaction of $99,000.00. Following the transaction, the director owned 66,342 shares in the company, valued at approximately $238,831.20. This trade represents a 70.80% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, CRO James M. Roth sold 35,723 shares of the stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $5.87, for a total transaction of $209,694.01. Following the completion of the transaction, the executive owned 139,795 shares in the company, valued at $820,596.65. This represents a 20.35% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Company insiders own 9.90% of the company’s stock.
Institutional Investors Weigh In On ZoomInfo Technologies
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Advisory Services Network LLC bought a new position in ZoomInfo Technologies during the third quarter worth about $105,000. EMC Capital Management acquired a new stake in shares of ZoomInfo Technologies in the 3rd quarter valued at approximately $76,000. CIBC Private Wealth Group LLC acquired a new stake in shares of ZoomInfo Technologies in the 3rd quarter valued at approximately $5,419,000. JPMorgan Chase & Co. bought a new position in ZoomInfo Technologies during the 3rd quarter worth approximately $74,670,000. Finally, Swiss Life Asset Management Ltd bought a new position in ZoomInfo Technologies during the 3rd quarter worth approximately $140,000. 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.
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