ZoomInfo Technologies (NASDAQ:GTM) Stock Price Up 6.5% – Here’s Why

Shares of ZoomInfo Technologies Inc. (NASDAQ:GTM) rose 6.5% on Thursday . The stock traded as high as $3.02 and last traded at $3.0260. Approximately 5,117,173 shares traded hands during mid-day trading, a decline of 53% from the average daily volume of 10,890,552 shares. The stock had previously closed at $2.84.

Analyst Upgrades and Downgrades

A number of analysts have recently weighed in on GTM shares. Wall Street Zen lowered ZoomInfo Technologies from a “buy” rating to a “hold” rating in a research note on Sunday, May 17th. Citigroup lowered their price target on shares of ZoomInfo Technologies from $5.00 to $4.00 and set a “sell” rating for the company in a report on Wednesday, May 13th. Jefferies Financial Group cut shares of ZoomInfo Technologies from a “buy” rating to a “hold” rating and dropped their price target for the company from $12.00 to $4.00 in a research report on Thursday, May 21st. Piper Sandler restated a “neutral” rating and issued a $4.00 price objective (down from $7.00) on shares of ZoomInfo Technologies in a research report on Tuesday, May 12th. Finally, JPMorgan Chase & Co. lowered 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. One analyst has rated the stock with a Buy rating, ten have issued a Hold rating and seven have given a Sell rating to the company’s stock. According to data from MarketBeat, the stock presently has a consensus rating of “Reduce” and an average target price of $6.09.

ZoomInfo Technologies Stock Performance

The business has a fifty day moving average of $3.98 and a 200 day moving average of $6.31. The company has a market cap of $888.58 million, a P/E ratio of 7.54, a P/E/G ratio of 0.55 and a beta of 0.87. 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 released its quarterly earnings results on Monday, May 11th. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.10. The business had revenue of $310.20 million for the quarter. ZoomInfo Technologies had a net margin of 10.10% and a return on equity of 17.43%. The business’s revenue was up 1.5% on a year-over-year basis. During the same quarter last year, the firm earned $0.23 EPS. 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 analysts predict that ZoomInfo Technologies Inc. will post 0.81 EPS for the current year.

Insider Buying and Selling at ZoomInfo Technologies

In related news, Director Domenic Maida bought 27,500 shares of the business’s stock in a transaction dated Tuesday, May 26th. The shares were purchased at an average price of $3.60 per share, with a total value of $99,000.00. Following the purchase, the director owned 66,342 shares of the company’s stock, valued at approximately $238,831.20. This trade represents a 70.80% increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Insiders own 9.90% of the company’s stock.

Institutional Trading of ZoomInfo Technologies

Several institutional investors and hedge funds have recently bought and sold shares of GTM. Advisory Services Network LLC bought a new stake in ZoomInfo Technologies during the 3rd quarter valued at approximately $105,000. EMC Capital Management purchased a new position in shares of ZoomInfo Technologies in the 3rd quarter valued at approximately $76,000. CIBC Private Wealth Group LLC purchased a new position in shares of ZoomInfo Technologies in the 3rd quarter valued at approximately $5,419,000. JPMorgan Chase & Co. bought a new stake in shares of ZoomInfo Technologies during the third quarter valued at approximately $74,670,000. Finally, Swiss Life Asset Management Ltd purchased a new stake in ZoomInfo Technologies in the third quarter worth $140,000. 95.47% of the stock is currently owned by hedge funds and other institutional investors.

About ZoomInfo Technologies

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.