Cynosure Group LLC purchased a new stake in ZoomInfo Technologies Inc. (NASDAQ:GTM – Free Report) during the 4th quarter, Holdings Channel reports. The firm purchased 227,765 shares of the company’s stock, valued at approximately $2,316,000.
Several other institutional investors also recently modified their holdings of the company. Public Employees Retirement Association of Colorado acquired a new position in shares of ZoomInfo Technologies during the 4th quarter worth about $303,000. Sachem Head Capital Management LP acquired a new position in shares of ZoomInfo Technologies during the 4th quarter worth about $150,465,000. Harber Asset Management LLC acquired a new position in shares of ZoomInfo Technologies during the 4th quarter worth about $8,678,000. Kennedy Capital Management LLC acquired a new position in shares of ZoomInfo Technologies during the 4th quarter worth about $15,051,000. Finally, Entropy Technologies LP acquired a new position in shares of ZoomInfo Technologies during the 4th quarter worth about $174,000. 95.47% of the stock is currently owned by institutional investors and hedge funds.
Wall Street Analysts Forecast Growth
Several research analysts have recently weighed in on GTM shares. UBS Group lowered 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, May 12th. Piper Sandler restated a “neutral” rating and set a $4.00 price objective (down from $7.00) on shares of ZoomInfo Technologies in a research note on Tuesday, May 12th. Citizens Jmp lowered their price objective on shares of ZoomInfo Technologies from $6.00 to $2.50 and set a “market underperform” rating on the stock in a research note on Tuesday, May 12th. BTIG Research restated a “neutral” rating on shares of ZoomInfo Technologies in a research note on Tuesday, May 12th. Finally, Wells Fargo & Company lowered their price objective on shares of ZoomInfo Technologies from $6.00 to $3.50 and set an “underweight” rating on the stock in a research note on Tuesday, May 12th. One investment analyst has rated the stock with a Buy rating, ten have given a Hold rating and seven have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus price target of $6.09.
Insider Transactions at ZoomInfo Technologies
In related news, Director Domenic Maida acquired 27,500 shares of the stock in a transaction that occurred on Tuesday, May 26th. The stock was acquired at an average cost of $3.60 per share, for a total transaction of $99,000.00. Following the transaction, the director directly owned 66,342 shares in the company, valued at $238,831.20. This trade represents a 70.80% increase in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, General Counsel Ashley Mcgrane sold 6,959 shares of the company’s stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $5.87, for a total transaction of $40,849.33. Following the transaction, the general counsel owned 76,872 shares of the company’s stock, valued at approximately $451,238.64. This represents a 8.30% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. 9.90% of the stock is currently owned by insiders.
ZoomInfo Technologies Stock Performance
NASDAQ GTM opened at $2.84 on Tuesday. The firm has a 50-day moving average price of $4.71 and a two-hundred day moving average price of $6.91. ZoomInfo Technologies Inc. has a 12-month low of $2.59 and a 12-month high of $12.51. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 0.89. The company has a market capitalization of $837.00 million, a P/E ratio of 7.10, a P/E/G ratio of 0.53 and a beta of 0.88.
ZoomInfo Technologies (NASDAQ:GTM – Get Free Report) last issued its quarterly earnings results on Monday, May 11th. The company reported $0.28 earnings per share for the quarter, topping analysts’ consensus estimates of $0.18 by $0.10. ZoomInfo Technologies had a net margin of 10.10% and a return on equity of 17.43%. The company had revenue of $310.20 million during the quarter. During the same period last year, the company posted $0.23 EPS. The business’s revenue was up 1.5% on a year-over-year basis. 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. Analysts anticipate that ZoomInfo Technologies Inc. will post 0.81 earnings per share for the current year.
ZoomInfo Technologies 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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