ZoomInfo Technologies (NASDAQ:GTM – Free Report) had its target price reduced by Barclays from $8.00 to $5.00 in a report published on Wednesday,Benzinga reports. Barclays currently has an equal weight rating on the stock.
A number of other research analysts have also commented on the stock. 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 note on Tuesday. UBS Group dropped their price objective on shares of ZoomInfo Technologies from $8.50 to $5.00 and set a “neutral” rating on the stock in a research note on Tuesday. JPMorgan Chase & Co. dropped their price objective on shares of ZoomInfo Technologies from $12.00 to $11.00 and set an “overweight” rating on the stock in a research note on Tuesday. Canaccord Genuity Group lowered shares of ZoomInfo Technologies from a “buy” rating to a “hold” rating and dropped their price objective for the company from $12.00 to $5.00 in a research note on Tuesday. Finally, Morgan Stanley dropped their price objective on shares of ZoomInfo Technologies from $13.00 to $9.00 and set an “equal weight” rating on the stock in a research note on Tuesday, February 10th. Three equities research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and six have issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and a consensus target price of $7.15.
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ZoomInfo Technologies Price Performance
ZoomInfo Technologies (NASDAQ:GTM – Get Free Report) last announced its quarterly earnings results on Monday, May 11th. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.18 by $0.10. ZoomInfo Technologies had a net margin of 10.10% and a return on equity of 17.43%. The firm had revenue of $310.20 million for the quarter. During the same quarter in the prior year, the business earned $0.23 earnings per share. ZoomInfo Technologies’s revenue was up 1.5% compared to the same quarter last year. 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. As a group, sell-side analysts predict that ZoomInfo Technologies will post 0.79 earnings per share for the current fiscal year.
Insider Activity
In other news, General Counsel Ashley Mcgrane sold 6,959 shares of ZoomInfo Technologies stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $5.87, for a total value of $40,849.33. Following the sale, the general counsel owned 76,872 shares of the company’s stock, valued at $451,238.64. The trade was a 8.30% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CRO James M. Roth sold 35,723 shares of ZoomInfo Technologies stock in a transaction dated Thursday, April 2nd. The shares were sold at an average price of $5.87, for a total transaction of $209,694.01. Following the completion of the sale, the executive directly owned 139,795 shares in the company, valued at approximately $820,596.65. The trade was a 20.35% decrease in their position. The SEC filing for this sale provides additional information. In the last ninety days, insiders sold 44,727 shares of company stock worth $262,834. Insiders own 9.90% of the company’s stock.
Institutional Trading of ZoomInfo Technologies
Hedge funds and other institutional investors have recently made changes to their positions in the company. Global Retirement Partners LLC purchased a new stake in shares of ZoomInfo Technologies in the fourth quarter valued at about $26,000. Fifth Third Bancorp purchased a new stake in shares of ZoomInfo Technologies in the fourth quarter valued at about $29,000. Covestor Ltd purchased a new stake in ZoomInfo Technologies during the fourth quarter worth about $34,000. Allworth Financial LP purchased a new stake in ZoomInfo Technologies during the third quarter worth about $40,000. Finally, Parallel Advisors LLC purchased a new stake in ZoomInfo Technologies during the fourth quarter worth about $40,000. Hedge funds and other institutional investors own 95.47% of the company’s stock.
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.
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