Bank of Nova Scotia bought a new position in ZoomInfo Technologies Inc. (NASDAQ:GTM – Free Report) during the 1st quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm bought 284,387 shares of the company’s stock, valued at approximately $1,701,000. Bank of Nova Scotia owned 0.09% of ZoomInfo Technologies at the end of the most recent reporting period.
A number of other hedge funds also recently added to or reduced their stakes in GTM. Global Retirement Partners LLC acquired a new position in shares of ZoomInfo Technologies during the fourth quarter valued at $26,000. Fifth Third Bancorp bought a new position in shares of ZoomInfo Technologies during the fourth quarter worth about $29,000. Covestor Ltd acquired a new stake in shares of ZoomInfo Technologies in the 4th quarter worth about $34,000. Allworth Financial LP acquired a new stake in shares of ZoomInfo Technologies in the 3rd quarter worth about $40,000. Finally, Parallel Advisors LLC bought a new stake in ZoomInfo Technologies in the 4th quarter valued at about $40,000. 95.47% of the stock is currently owned by institutional investors.
ZoomInfo Technologies Stock Performance
NASDAQ:GTM opened at $3.50 on Thursday. The company has a 50-day moving average of $3.03 and a 200-day moving average of $5.31. The firm has a market cap of $1.03 billion, a price-to-earnings ratio of 8.75, a price-to-earnings-growth ratio of 0.62 and a beta of 0.87. 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 $2.54 and a twelve month high of $12.51.
Analysts Set New Price Targets
A number of research firms have issued reports on GTM. Jefferies Financial Group lowered shares of ZoomInfo Technologies from a “buy” rating to a “hold” rating and reduced their target price for the company from $12.00 to $4.00 in a research note on Thursday, May 21st. Citigroup dropped their price target on shares of ZoomInfo Technologies from $4.00 to $2.00 and set a “sell” rating on the stock in a research note on Thursday, July 9th. Stifel Nicolaus cut their price target on ZoomInfo Technologies from $4.00 to $3.50 and set a “hold” rating on the stock in a report on Friday, July 10th. Barclays reduced their price objective on ZoomInfo Technologies from $8.00 to $5.00 and set an “equal weight” rating for the company in a research report on Wednesday, May 13th. Finally, Canaccord Genuity Group lowered 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 report 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’s stock. Based on data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and an average target price of $5.93.
Check Out Our Latest Analysis on GTM
More ZoomInfo Technologies News
Here are the key news stories impacting ZoomInfo Technologies this week:
- Positive Sentiment: ZoomInfo highlighted customer success stories: Impartner reported stronger quarterly pipeline generation, Liaison rebuilt its higher-education account-based marketing strategy, and The Plunk Foundation said donations doubled after using ZoomInfo’s data to identify potential supporters. These reports offer evidence of customer value and potential demand for the platform. Impartner customer story Plunk Foundation customer story Liaison customer story
- Neutral Sentiment: Multiple law firms reminded investors that August 24, 2026 is the deadline to seek lead-plaintiff status in a securities class action covering purchases from November 3, 2025, through May 11, 2026. These notices largely repeat previously reported allegations and are solicitations for affected investors, rather than new court findings.
- Negative Sentiment: The lawsuit alleges that ZoomInfo and certain executives failed to disclose customer migration from legacy seat-based subscriptions to consumption-based models, weakening downmarket demand, declining retention, and challenges related to the transition toward AI products. The litigation creates potential legal costs, reputational damage, and uncertainty around the company’s growth outlook. Levi & Korsinsky notice
Insider Transactions at ZoomInfo Technologies
In other ZoomInfo Technologies news, Director Domenic Maida purchased 27,500 shares of the firm’s stock in a transaction on Tuesday, May 26th. The shares were purchased at an average price of $3.60 per share, for a total transaction of $99,000.00. Following the completion of the transaction, the director owned 66,342 shares in the company, valued at $238,831.20. This represents a 70.80% increase in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Company insiders own 9.90% 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.
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