ZoomInfo Technologies (NASDAQ:GTM) Sets New 12-Month Low – Here’s Why

ZoomInfo Technologies Inc. (NASDAQ:GTM) hit a new 52-week low during mid-day trading on Wednesday . The company traded as low as $3.67 and last traded at $3.7450, with a volume of 1030878 shares changing hands. The stock had previously closed at $3.81.

Wall Street Analyst Weigh In

A number of research firms have weighed in on GTM. Bank of America reaffirmed an “underperform” rating and set a $4.00 price objective on shares of ZoomInfo Technologies in a research report on Tuesday. Mizuho reaffirmed an “underperform” rating and set a $3.00 price objective (down from $10.00) on shares of ZoomInfo Technologies in a research report on Wednesday, May 13th. Morgan Stanley decreased their price objective on ZoomInfo Technologies from $13.00 to $9.00 and set an “equal weight” rating for the company in a research report on Tuesday, February 10th. Jefferies Financial Group reduced their price target on ZoomInfo Technologies from $16.00 to $12.00 and set a “buy” rating for the company in a report on Tuesday, February 3rd. Finally, JPMorgan Chase & Co. reduced their price target on ZoomInfo Technologies from $12.00 to $11.00 and set an “overweight” rating for the company in a report on Tuesday, May 12th. Three equities research analysts have rated the stock with a Buy rating, nine have given a Hold rating and seven have given a Sell rating to the company’s stock. According to MarketBeat.com, the company presently has an average rating of “Reduce” and an average price target of $6.98.

ZoomInfo Technologies Price Performance

The company has a market cap of $1.13 billion, a price-to-earnings ratio of 9.21, a price-to-earnings-growth ratio of 1.34 and a beta of 1.04. The company has a fifty day simple moving average of $5.76 and a two-hundred day simple moving average of $7.87. 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 announced its quarterly earnings results on Monday, May 11th. The company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.10. ZoomInfo Technologies had a return on equity of 17.43% and a net margin of 10.10%.The business had revenue of $310.20 million during the quarter. During the same quarter in the prior year, the business earned $0.23 EPS. The company’s quarterly revenue was up 1.5% compared to the same quarter last year. 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 research analysts anticipate that ZoomInfo Technologies Inc. will post 0.79 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, CRO James M. Roth sold 35,723 shares of the firm’s stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $5.87, for a total value 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 trade represents a 20.35% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, General Counsel Ashley Mcgrane sold 6,959 shares of the firm’s stock in a transaction on Thursday, April 2nd. The shares were sold at an average price of $5.87, for a total value of $40,849.33. Following the completion of the transaction, the general counsel owned 76,872 shares of the company’s stock, valued at approximately $451,238.64. This represents a 8.30% decrease in their position. The SEC filing for this sale provides additional information. In the last 90 days, insiders sold 44,727 shares of company stock valued at $262,834. Company insiders own 9.90% of the company’s stock.

Hedge Funds Weigh In On ZoomInfo Technologies

Several hedge funds have recently bought and sold shares of the stock. Global Retirement Partners LLC acquired a new position in shares of ZoomInfo Technologies during the fourth quarter worth about $26,000. Fifth Third Bancorp bought a new position in shares of ZoomInfo Technologies during the fourth quarter valued at approximately $29,000. Covestor Ltd bought a new position in shares of ZoomInfo Technologies during the fourth quarter valued at approximately $34,000. Allworth Financial LP bought a new position in shares of ZoomInfo Technologies during the third quarter valued at approximately $40,000. Finally, Parallel Advisors LLC bought a new position in shares of ZoomInfo Technologies during the fourth quarter valued at approximately $40,000. Hedge funds and other 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.