Shares of ZoomInfo Technologies Inc. (NASDAQ:GTM – Get Free Report) have been assigned a consensus recommendation of “Reduce” from the eighteen analysts that are presently covering the stock, Marketbeat.com reports. Seven investment analysts have rated the stock with a sell rating, ten have issued a hold rating and one has assigned a buy rating to the company. The average 1 year target price among brokerages that have issued ratings on the stock in the last year is $5.93.
Several equities research analysts have recently weighed in on GTM shares. DA Davidson decreased their price target on ZoomInfo Technologies from $5.00 to $4.50 and set a “neutral” rating on the stock in a research report on Thursday, August 6th. Stifel Nicolaus raised their price objective on shares of ZoomInfo Technologies from $3.50 to $4.00 and gave the company a “hold” rating in a research report on Thursday, August 6th. Wells Fargo & Company reduced their price objective on shares of ZoomInfo Technologies from $3.50 to $3.00 and set an “underweight” rating for the company in a research note on Monday, July 20th. Citigroup upped their price target on shares of ZoomInfo Technologies from $2.00 to $2.50 and gave the stock a “sell” rating in a report on Friday, August 7th. Finally, UBS Group lowered their target price on shares of ZoomInfo Technologies from $5.00 to $4.50 and set a “neutral” rating on the stock in a research note on Thursday, August 6th.
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ZoomInfo Technologies Stock Performance
ZoomInfo Technologies (NASDAQ:GTM – Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.19 by $0.09. ZoomInfo Technologies had a negative net margin of 43.01% and a positive return on equity of 20.16%. The firm had revenue of $310.40 million for the quarter. During the same period in the prior year, the business earned $0.25 EPS. ZoomInfo Technologies’s quarterly revenue was up 1.2% compared to the same quarter last year. 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. Equities analysts forecast that ZoomInfo Technologies will post 0.83 earnings per share for the current fiscal year.
Insider Transactions at ZoomInfo Technologies
In other ZoomInfo Technologies news, CRO James Roth sold 20,773 shares of the stock in a transaction on Friday, October 2nd. The stock was sold at an average price of $3.70, for a total value of $76,860.10. Following the completion of the transaction, the executive owned 270,507 shares in the company, valued at approximately $1,000,875.90. This represents a 7.13% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders have sold 23,362 shares of company stock worth $86,623. 9.90% of the stock is currently owned by insiders.
Hedge Funds Weigh In On ZoomInfo Technologies
Institutional investors and hedge funds have recently modified their holdings of the company. Sachem Head Capital Management LP bought a new stake in shares of ZoomInfo Technologies in the 4th quarter valued at about $150,465,000. RPD Fund Management LLC raised its holdings in shares of ZoomInfo Technologies by 78.6% in the first quarter. RPD Fund Management LLC now owns 17,199,109 shares of the company’s stock worth $102,851,000 after buying an additional 7,570,791 shares during the last quarter. Norges Bank acquired a new stake in ZoomInfo Technologies during the 4th quarter worth about $31,428,000. Dimensional Fund Advisors LP raised its stake 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 purchasing an additional 2,992,276 shares during the last quarter. Finally, Quantinno Capital Management LP increased its holdings in ZoomInfo Technologies by 127.7% in the 1st quarter. Quantinno Capital Management LP now owns 4,144,952 shares of the company’s stock worth $24,787,000 after buying an additional 2,324,381 shares during the period. 95.47% of the stock is currently owned by hedge funds and other institutional investors.
About ZoomInfo Technologies
ZoomInfo Technologies provides go-to-market intelligence and workflow solutions designed to help businesses identify, engage and convert potential customers. Its platform combines business and professional data with tools for sales, marketing and recruiting teams, supporting activities such as account research, lead generation, customer segmentation and outreach.
The company’s products include contact and company intelligence, sales and marketing automation, conversation intelligence, website visitor identification and intent-data capabilities.
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