ZoomInfo Technologies (NASDAQ:GTM) Hits New 52-Week Low – Here’s What Happened

ZoomInfo Technologies Inc. (NASDAQ:GTM) reached a new 52-week low during trading on Thursday . The stock traded as low as $2.59 and last traded at $2.7140, with a volume of 657110 shares traded. The stock had previously closed at $2.70.

Wall Street Analyst Weigh In

Several research firms have commented on GTM. Citigroup dropped their price objective on shares of ZoomInfo Technologies from $5.00 to $4.00 and set a “sell” rating for the company in a research note on Wednesday, May 13th. BTIG Research reaffirmed a “neutral” rating on shares of ZoomInfo Technologies in a research note on Tuesday, May 12th. UBS Group dropped their price objective on shares of ZoomInfo Technologies from $8.50 to $5.00 and set a “neutral” rating for the company in a research note on Tuesday, May 12th. JPMorgan Chase & Co. dropped their price objective on shares of ZoomInfo Technologies from $12.00 to $11.00 and set an “overweight” rating for the company in a research note on Tuesday, May 12th. Finally, Jefferies Financial Group lowered shares of ZoomInfo Technologies from a “buy” rating to a “hold” rating and dropped their price objective for the stock from $12.00 to $4.00 in a research note on Thursday, May 21st. One research analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and seven have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Reduce” and an average price target of $6.09.

ZoomInfo Technologies Price Performance

The stock has a market capitalization of $791.32 million, a PE ratio of 6.71, a price-to-earnings-growth ratio of 0.52 and a beta of 0.88. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 0.89. The stock’s 50 day moving average price is $4.90 and its 200-day moving average price is $7.06.

ZoomInfo Technologies (NASDAQ:GTM) last issued its earnings results on Monday, May 11th. The company reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates 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 firm’s revenue for the quarter was up 1.5% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.23 earnings per share. 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. As a group, equities analysts forecast that ZoomInfo Technologies Inc. will post 0.81 EPS for the current year.

Insider Activity

In related news, CRO James M. Roth sold 35,723 shares of ZoomInfo Technologies stock in a transaction dated 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 sale, the executive directly owned 139,795 shares in the company, valued at $820,596.65. The trade was a 20.35% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, Director Domenic Maida acquired 27,500 shares of the firm’s stock in a transaction that occurred on Tuesday, May 26th. The stock was purchased at an average price of $3.60 per share, with a total value of $99,000.00. Following the completion of the acquisition, the director directly owned 66,342 shares of the company’s stock, valued at $238,831.20. This represents a 70.80% increase in their ownership of the stock. The disclosure for this purchase is available in the SEC filing. Over the last ninety days, insiders sold 44,727 shares of company stock valued at $262,834. 9.90% of the stock is currently owned by company insiders.

Institutional Trading of ZoomInfo Technologies

Several institutional investors and hedge funds have recently made changes to their positions in the company. Fred Alger Management LLC raised its holdings in shares of ZoomInfo Technologies by 7.7% in the fourth quarter. Fred Alger Management LLC now owns 29,960 shares of the company’s stock valued at $305,000 after acquiring an additional 2,136 shares in the last quarter. Global Retirement Partners LLC bought a new stake in shares of ZoomInfo Technologies in the fourth quarter valued at about $26,000. Fifth Third Bancorp bought a new stake in shares of ZoomInfo Technologies in the fourth quarter valued at about $29,000. Covestor Ltd bought a new stake in shares of ZoomInfo Technologies in the fourth quarter valued at about $34,000. Finally, Allworth Financial LP bought a new stake in shares of ZoomInfo Technologies in the third quarter valued at about $40,000. 95.47% of the stock is currently owned by institutional investors.

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.