The Manufacturers Life Insurance Company trimmed its stake in ZoomInfo Technologies Inc. (NASDAQ:GTM – Free Report) by 69.2% in the first quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor owned 58,347 shares of the company’s stock after selling 131,334 shares during the quarter. The Manufacturers Life Insurance Company’s holdings in ZoomInfo Technologies were worth $349,000 as of its most recent filing with the Securities and Exchange Commission (SEC).
Several other institutional investors have also made changes to their positions in GTM. Vanguard Group Inc. acquired a new position in ZoomInfo Technologies in the 4th quarter valued at approximately $255,416,000. RPD Fund Management LLC boosted its stake in shares of ZoomInfo Technologies by 78.6% during the 1st quarter. RPD Fund Management LLC now owns 17,199,109 shares of the company’s stock valued at $102,851,000 after buying an additional 7,570,791 shares during the period. Dimensional Fund Advisors LP grew its holdings in shares of ZoomInfo Technologies by 24.7% during the 1st quarter. Dimensional Fund Advisors LP now owns 15,100,675 shares of the company’s stock valued at $90,302,000 after acquiring an additional 2,992,276 shares in the last quarter. Sachem Head Capital Management LP purchased a new position in shares of ZoomInfo Technologies during the 4th quarter valued at $150,465,000. Finally, LSV Asset Management acquired a new position in shares of ZoomInfo Technologies in the fourth quarter worth $103,545,000. 95.47% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analyst Weigh In
A number of analysts recently issued reports on the company. BTIG Research reissued a “neutral” rating on shares of ZoomInfo Technologies in a research report on Tuesday, May 12th. Stifel Nicolaus upped their target price on ZoomInfo Technologies from $3.50 to $4.00 and gave the stock a “hold” rating in a research report on Thursday, August 6th. Jefferies Financial Group downgraded ZoomInfo Technologies from a “buy” rating to a “hold” rating and cut their price target for the stock from $12.00 to $4.00 in a research note on Thursday, May 21st. Bank of America reiterated an “underperform” rating and set a $4.00 price target on shares of ZoomInfo Technologies in a report on Tuesday, May 19th. Finally, UBS Group lowered their price target on ZoomInfo Technologies from $5.00 to $4.50 and set a “neutral” rating for the company in a research note on Thursday, August 6th. 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. According to MarketBeat, ZoomInfo Technologies currently has an average rating of “Reduce” and an average target price of $5.93.
Insider Transactions at ZoomInfo Technologies
In related news, Director Domenic Maida purchased 27,500 shares of the stock in a transaction on Tuesday, May 26th. The shares were bought at an average price of $3.60 per share, for a total transaction of $99,000.00. Following the completion of 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 purchase was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. 9.90% of the stock is owned by insiders.
ZoomInfo Technologies Stock Performance
ZoomInfo Technologies stock opened at $4.05 on Monday. ZoomInfo Technologies Inc. has a one year low of $2.54 and a one year high of $12.51. The company’s fifty day moving average price is $3.14 and its two-hundred day moving average price is $4.84. The company has a debt-to-equity ratio of 1.52, a current ratio of 0.65 and a quick ratio of 0.65. The company has a market capitalization of $1.18 billion, a price-to-earnings ratio of -2.18, a PEG ratio of 0.63 and a beta of 0.84.
ZoomInfo Technologies (NASDAQ:GTM – Get Free Report) last released its quarterly earnings results on Wednesday, August 5th. The company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.09. The company had revenue of $310.40 million during the quarter. ZoomInfo Technologies had a positive return on equity of 20.16% and a negative net margin of 43.01%.The business’s revenue was up 1.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.25 EPS. ZoomInfo Technologies has set its FY 2026 guidance at 1.120-1.130 EPS and its Q3 2026 guidance at 0.280-0.290 EPS. On average, analysts forecast that ZoomInfo Technologies Inc. will post 0.84 earnings per share for the current fiscal year.
Key Headlines Impacting ZoomInfo Technologies
Here are the key news stories impacting ZoomInfo Technologies this week:
- Positive Sentiment: ZoomInfo highlighted customer results suggesting continued value from its platform. Prodoscore reported a 15% increase in email open rates, Kronologic cited stronger opportunities and pipeline with a shorter sales cycle, and Alchemy Cloud said its average click-through rate increased approximately fivefold while cost per click fell 24%. Prodoscore customer story
- Neutral Sentiment: The company recently reported quarterly earnings above consensus and modest year-over-year revenue growth, but the positive operating update has not offset concerns about its growth outlook and business transition.
- Negative Sentiment: Multiple law firms publicized a securities class action covering investors who acquired ZoomInfo securities from November 3, 2025, through May 11, 2026. The allegations include materially misleading statements regarding growth prospects, revenue, customer retention, the legacy software business, downmarket demand, migration to consumption-based pricing, and ZoomInfo’s ability to expand its artificial-intelligence products. The August 24 deadline for investors seeking lead-plaintiff status has generated numerous overlapping notices. Robbins LLP class action notice
- Negative Sentiment: Analyst sentiment has also weakened. Citi issued a Sell rating, following Sell ratings from RBC Capital, while D.A. Davidson and Stifel Nicolaus maintained Hold ratings. These calls reinforce investor concerns about slowing growth, execution risk, and the company’s outlook. Citi Sell rating
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.
Read More
- Five stocks we like better than ZoomInfo Technologies
- The Metals Company’s Big Bet Now Comes Down to a License
- OneSpaWorld Keeps Turning Cruise Demand Into Record Earnings
- Meta and Tesla Are Rebounding From Oversold Levels—Now What?
- AMG’s Alternatives Boom Powers Record Growth
Want to see what other hedge funds are holding GTM? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for ZoomInfo Technologies Inc. (NASDAQ:GTM – Free Report).
Receive News & Ratings for ZoomInfo Technologies Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ZoomInfo Technologies and related companies with MarketBeat.com's FREE daily email newsletter.
