ZoomInfo Technologies (NASDAQ:GTM) Shares Down 5.5% – Should You Sell?

ZoomInfo Technologies Inc. (NASDAQ:GTM) shares fell 5.5% on Friday . The company traded as low as $9.61 and last traded at $9.61. 1,180,635 shares were traded during mid-day trading, a decline of 76% from the average session volume of 4,969,555 shares. The stock had previously closed at $10.17.

Analysts Set New Price Targets

A number of brokerages have recently commented on GTM. UBS Group increased their price target on shares of ZoomInfo Technologies from $12.00 to $13.00 and gave the stock a “neutral” rating in a report on Tuesday, November 4th. BTIG Research started coverage on ZoomInfo Technologies in a research note on Wednesday, December 17th. They set a “buy” rating and a $13.00 price target for the company. Wells Fargo & Company assumed coverage on ZoomInfo Technologies in a report on Wednesday, October 1st. They issued an “underweight” rating and a $10.00 price objective for the company. Citigroup raised their price objective on ZoomInfo Technologies from $11.00 to $13.00 and gave the company a “neutral” rating in a report on Tuesday, November 4th. Finally, Barclays increased their price target on shares of ZoomInfo Technologies from $13.00 to $14.00 and gave the company an “equal weight” rating in a research report on Tuesday, November 4th. One investment analyst has rated the stock with a Strong Buy rating, one has given a Buy rating, six have issued a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $11.79.

ZoomInfo Technologies Stock Down 4.3%

The stock has a market cap of $3.03 billion, a P/E ratio of 31.39, a P/E/G ratio of 1.69 and a beta of 1.06. The company has a quick ratio of 0.67, a current ratio of 0.67 and a debt-to-equity ratio of 0.86. The company has a 50-day simple moving average of $10.23 and a two-hundred day simple moving average of $10.45.

ZoomInfo Technologies (NASDAQ:GTM) last issued its earnings results on Monday, November 3rd. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.17 by $0.11. The company had revenue of $318.00 million for the quarter, compared to the consensus estimate of $303.86 million. ZoomInfo Technologies had a net margin of 8.40% and a return on equity of 14.55%. The firm’s revenue for the quarter was up 4.7% on a year-over-year basis. During the same period in the previous year, the firm earned $0.28 earnings per share. ZoomInfo Technologies has set its FY 2025 guidance at 1.040-1.060 EPS and its Q4 2025 guidance at 0.270-0.290 EPS.

Insider Buying and Selling

In other ZoomInfo Technologies news, General Counsel Ashley Mcgrane sold 6,600 shares of the stock in a transaction that occurred on Tuesday, November 4th. The stock was sold at an average price of $11.69, for a total value of $77,154.00. Following the completion of the sale, the general counsel owned 28,399 shares in the company, valued at approximately $331,984.31. This trade represents a 18.86% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. 9.00% of the stock is owned by insiders.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently made changes to their positions in the company. Allworth Financial LP purchased a new stake in ZoomInfo Technologies in the third quarter worth $40,000. EMC Capital Management bought a new stake in shares of ZoomInfo Technologies during the 3rd quarter valued at $76,000. Advisory Services Network LLC purchased a new stake in shares of ZoomInfo Technologies in the 3rd quarter worth about $105,000. Swiss Life Asset Management Ltd bought a new position in shares of ZoomInfo Technologies in the 3rd quarter worth about $140,000. Finally, New Mexico Educational Retirement Board purchased a new position in ZoomInfo Technologies during the 3rd quarter valued at about $681,000. 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.