Bank of Nova Scotia Takes Position in ZoomInfo Technologies Inc. $GTM

Bank of Nova Scotia purchased a new stake in ZoomInfo Technologies Inc. (NASDAQ:GTM) in the first quarter, Holdings Channel.com reports. The institutional investor purchased 284,387 shares of the company’s stock, valued at approximately $1,701,000.

A number of other institutional investors have also recently bought and sold shares of GTM. Vanguard Group Inc. acquired a new stake in ZoomInfo Technologies during the 4th quarter worth about $255,416,000. Dimensional Fund Advisors LP boosted its holdings in shares of ZoomInfo Technologies by 24.7% in the first quarter. Dimensional Fund Advisors LP now owns 15,100,675 shares of the company’s stock worth $90,302,000 after buying an additional 2,992,276 shares during the period. Sachem Head Capital Management LP acquired a new position in shares of ZoomInfo Technologies in the fourth quarter worth about $150,465,000. LSV Asset Management purchased a new position in shares of ZoomInfo Technologies in the fourth quarter worth approximately $103,545,000. Finally, RPD Fund Management LLC increased its position in shares of ZoomInfo Technologies by 19.4% in the fourth quarter. RPD Fund Management LLC now owns 9,628,318 shares of the company’s stock worth $97,920,000 after acquiring an additional 1,564,102 shares in the last quarter. Hedge funds and other institutional investors own 95.47% of the company’s stock.

Analyst Ratings Changes

A number of equities research analysts have recently issued reports on GTM shares. Barclays cut their price target on shares of ZoomInfo Technologies from $8.00 to $5.00 and set an “equal weight” rating on the stock in a report on Wednesday, May 13th. Stifel Nicolaus decreased their price objective on shares of ZoomInfo Technologies from $4.00 to $3.50 and set a “hold” rating for the company in a research note on Friday, July 10th. Piper Sandler reissued a “neutral” rating and set a $4.00 target price (down from $7.00) on shares of ZoomInfo Technologies in a research note on Tuesday, May 12th. Citizens Jmp reduced their target price on ZoomInfo Technologies from $6.00 to $2.50 and set a “market underperform” rating for the company in a report on Tuesday, May 12th. Finally, Mizuho reaffirmed an “underperform” rating and issued a $3.00 target price (down from $10.00) on shares of ZoomInfo Technologies in a research report on Wednesday, May 13th. One equities research analyst has rated the stock with a Buy rating, ten have given a Hold rating and seven have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average price target of $5.93.

ZoomInfo Technologies Stock Up 6.7%

GTM stock opened at $3.50 on Thursday. The company has a 50 day moving average of $3.03 and a two-hundred day moving average of $5.31. The company has a market cap of $1.03 billion, a price-to-earnings ratio of 8.75, a PEG ratio of 0.62 and a beta of 0.87. ZoomInfo Technologies Inc. has a 12-month low of $2.54 and a 12-month high of $12.51. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 0.89.

ZoomInfo Technologies (NASDAQ:GTM) last posted its quarterly earnings results on Monday, May 11th. The company reported $0.28 EPS for the quarter, beating the consensus estimate of $0.18 by $0.10. ZoomInfo Technologies had a net margin of 10.10% and a return on equity of 17.43%. The business had revenue of $310.20 million for the quarter. During the same quarter in the prior year, the firm earned $0.23 earnings per share. The company’s revenue was up 1.5% on a year-over-year basis. 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, equities analysts anticipate that ZoomInfo Technologies Inc. will post 0.81 earnings per share for the current fiscal year.

Insider Transactions at ZoomInfo Technologies

In other news, Director Domenic Maida bought 27,500 shares of the stock in a transaction on Tuesday, May 26th. The shares were purchased at an average price of $3.60 per share, for a total transaction of $99,000.00. Following the completion of the purchase, the director directly owned 66,342 shares of the company’s stock, valued at $238,831.20. This trade represents a 70.80% increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Insiders own 9.90% of the company’s stock.

Key Headlines Impacting ZoomInfo Technologies

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

• Positive Sentiment: ZoomInfo highlighted customer success stories: Impartner reported stronger quarterly pipeline generation, Liaison rebuilt its higher-education account-based marketing strategy, and The Plunk Foundation said donations doubled after using ZoomInfo’s data to identify potential supporters. These reports offer evidence of customer value and potential demand for the platform. Impartner customer story Plunk Foundation customer story Liaison customer story
• Neutral Sentiment: Multiple law firms reminded investors that August 24, 2026 is the deadline to seek lead-plaintiff status in a securities class action covering purchases from November 3, 2025, through May 11, 2026. These notices largely repeat previously reported allegations and are solicitations for affected investors, rather than new court findings.
• Negative Sentiment: The lawsuit alleges that ZoomInfo and certain executives failed to disclose customer migration from legacy seat-based subscriptions to consumption-based models, weakening downmarket demand, declining retention, and challenges related to the transition toward AI products. The litigation creates potential legal costs, reputational damage, and uncertainty around the company’s growth outlook. Levi & Korsinsky notice

ZoomInfo Technologies 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.