Villanova Investment Management Co LLC bought a new position in shares of ZoomInfo Technologies Inc. (NASDAQ:GTM – Free Report) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund bought 283,659 shares of the company’s stock, valued at approximately $2,885,000. ZoomInfo Technologies makes up about 2.0% of Villanova Investment Management Co LLC’s investment portfolio, making the stock its 12th biggest position. Villanova Investment Management Co LLC owned 0.09% of ZoomInfo Technologies at the end of the most recent quarter.
A number of other hedge funds also recently bought and sold shares of the stock. Global Retirement Partners LLC purchased a new position in shares of ZoomInfo Technologies in the 4th quarter valued at about $26,000. Fifth Third Bancorp purchased a new stake in shares of ZoomInfo Technologies during the fourth quarter worth approximately $29,000. Covestor Ltd acquired a new stake in ZoomInfo Technologies in the fourth quarter valued at approximately $34,000. Allworth Financial LP acquired a new stake in ZoomInfo Technologies in the third quarter valued at approximately $40,000. Finally, Parallel Advisors LLC purchased a new position in ZoomInfo Technologies in the fourth quarter worth approximately $40,000. Institutional investors and hedge funds own 95.47% of the company’s stock.
ZoomInfo Technologies Stock Up 4.9%
GTM stock opened at $2.81 on Friday. The stock has a market cap of $828.16 million, a P/E ratio of 7.02, a PEG ratio of 0.50 and a beta of 0.88. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.89. ZoomInfo Technologies Inc. has a twelve month low of $2.59 and a twelve month high of $12.51. The company’s 50 day moving average is $4.52 and its two-hundred day moving average is $6.77.
Insider Buying and Selling at ZoomInfo Technologies
In other news, Director Domenic Maida acquired 27,500 shares of the company’s stock in a transaction on Tuesday, May 26th. The shares were bought 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 owned 66,342 shares in the company, valued at $238,831.20. This trade represents a 70.80% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this link. Also, 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 sale, the executive owned 139,795 shares in the company, valued at $820,596.65. This trade represents a 20.35% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. 9.90% of the stock is currently owned by insiders.
Wall Street Analysts Forecast Growth
Several research firms have commented on GTM. Wells Fargo & Company lowered their price target on shares of ZoomInfo Technologies from $6.00 to $3.50 and set an “underweight” rating for the company in a report on Tuesday, May 12th. Canaccord Genuity Group cut shares of ZoomInfo Technologies from a “buy” rating to a “hold” rating and decreased their price objective for the stock from $12.00 to $5.00 in a research report on Tuesday, May 12th. 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. BTIG Research reissued a “neutral” rating on shares of ZoomInfo Technologies in a report on Tuesday, May 12th. Finally, JPMorgan Chase & Co. cut their price target on ZoomInfo Technologies from $12.00 to $11.00 and set an “overweight” rating on the stock in a research note on Tuesday, May 12th. 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. According to data from MarketBeat, the company presently has a consensus rating of “Reduce” and an average price target of $6.09.
Read Our Latest Research Report on ZoomInfo Technologies
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.
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