ZoomInfo Technologies Inc. (NASDAQ:GTM) Stock Now Rated “Reduce” by Wall Street Brokerages

Shares of ZoomInfo Technologies Inc. (NASDAQ:GTM) have been given an average rating of “Reduce” by the eighteen research firms that are currently covering the company, MarketBeat.com reports. Seven investment analysts have rated the stock with a sell recommendation, ten have given a hold recommendation and one has given a buy recommendation to the company. The average 1-year price target among brokers that have covered the stock in the last year is $5.93.

Several analysts have recently commented on the stock. Citigroup increased their price target on shares of ZoomInfo Technologies from $2.00 to $2.50 and gave the company a “sell” rating in a research note on Friday, August 7th. Wells Fargo & Company decreased their price objective on ZoomInfo Technologies from $3.50 to $3.00 and set an “underweight” rating on the stock in a research report on Monday, July 20th. DA Davidson dropped their target price on ZoomInfo Technologies from $5.00 to $4.50 and set a “neutral” rating for the company in a research report on Thursday, August 6th. UBS Group decreased their price target on ZoomInfo Technologies from $5.00 to $4.50 and set a “neutral” rating on the stock in a report on Thursday, August 6th. Finally, Stifel Nicolaus boosted their price objective on ZoomInfo Technologies from $3.50 to $4.00 and gave the stock a “hold” rating in a report on Thursday, August 6th.

Insider Buying and Selling at ZoomInfo Technologies

In related news, CRO James Roth sold 20,773 shares of the stock in a transaction that occurred on Friday, October 2nd. The shares were sold at an average price of $3.70, for a total value of $76,860.10. Following the transaction, the executive directly owned 270,507 shares in the company, valued at $1,000,875.90. This represents a 7.13% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available at the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 23,362 shares of company stock worth $86,623 over the last ninety days. Insiders own 9.90% of the company’s stock.

Institutional Trading of ZoomInfo Technologies

Institutional investors and hedge funds have recently made changes to their positions in the business. GAMMA Investing LLC boosted its holdings in ZoomInfo Technologies by 118.5% during the third quarter. GAMMA Investing LLC now owns 8,055 shares of the company’s stock worth $31,000 after buying an additional 4,369 shares during the last quarter. Sequoia Financial Advisors LLC increased its stake in shares of ZoomInfo Technologies by 200.3% in the 2nd quarter. Sequoia Financial Advisors LLC now owns 77,636 shares of the company’s stock valued at $227,000 after acquiring an additional 51,787 shares during the last quarter. Engineers Gate Manager LP increased its stake in shares of ZoomInfo Technologies by 520.9% in the 2nd quarter. Engineers Gate Manager LP now owns 245,525 shares of the company’s stock valued at $719,000 after acquiring an additional 205,984 shares during the last quarter. Integrated Wealth Concepts LLC raised its position in shares of ZoomInfo Technologies by 120.5% in the 2nd quarter. Integrated Wealth Concepts LLC now owns 74,340 shares of the company’s stock valued at $218,000 after acquiring an additional 40,629 shares during the period. Finally, NewEdge Advisors LLC raised its position in shares of ZoomInfo Technologies by 7,366.7% in the 2nd quarter. NewEdge Advisors LLC now owns 13,440 shares of the company’s stock valued at $39,000 after acquiring an additional 13,260 shares during the period. Institutional investors own 95.47% of the company’s stock.

ZoomInfo Technologies Price Performance

ZoomInfo Technologies stock opened at $3.83 on Friday. The business’s fifty day moving average is $3.91 and its two-hundred day moving average is $4.09. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.65 and a current ratio of 0.65. The firm has a market cap of $1.11 billion, a P/E ratio of -2.06, a P/E/G ratio of 0.58 and a beta of 0.87. ZoomInfo Technologies has a 52 week low of $2.54 and a 52 week high of $12.31.

ZoomInfo Technologies (NASDAQ:GTM) last announced its earnings results on Wednesday, August 5th. The company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.19 by $0.09. ZoomInfo Technologies had a positive return on equity of 20.16% and a negative net margin of 43.01%.The company had revenue of $310.40 million during the quarter. During the same quarter last year, the business posted $0.25 earnings per share. The business’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 research analysts forecast that ZoomInfo Technologies will post 0.83 earnings per share for the current fiscal year.

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.