Insider Selling: ZoomInfo Technologies (NASDAQ:GTM) CFO Sells 5,000 Shares of Stock

ZoomInfo Technologies Inc. (NASDAQ:GTM) CFO Michael Graham O’brien sold 5,000 shares of the stock in a transaction that occurred on Friday, October 9th. The stock was sold at an average price of $4.00, for a total transaction of $20,000.00. Following the completion of the sale, the chief financial officer directly owned 329,132 shares of the company’s stock, valued at $1,316,528. This trade represents a 1.50% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

ZoomInfo Technologies Stock Up 1.5%

GTM traded up $0.06 on Tuesday, reaching $3.94. 3,042,795 shares of the company traded hands, compared to its average volume of 9,292,931. The stock’s 50 day moving average price is $3.92 and its 200-day moving average price is $4.06. ZoomInfo Technologies Inc. has a 52-week low of $2.54 and a 52-week high of $12.31. The company has a market cap of $1.15 billion, a price-to-earnings ratio of -2.12, a PEG ratio of 0.61 and a beta of 0.87. The company has a debt-to-equity ratio of 1.52, a current ratio of 0.65 and a quick ratio of 0.65.

ZoomInfo Technologies (NASDAQ:GTM) last issued its earnings results on Wednesday, August 5th. The company reported $0.28 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.19 by $0.09. ZoomInfo Technologies had a negative net margin of 43.01% and a positive return on equity of 20.16%. The company had revenue of $310.40 million during the quarter. During the same period last year, the business earned $0.25 EPS. The company’s quarterly revenue was up 1.2% on a year-over-year basis. 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. On average, sell-side analysts expect that ZoomInfo Technologies Inc. will post 0.83 EPS for the current fiscal year.

Institutional Investors Weigh In On ZoomInfo Technologies

Large investors have recently bought and sold shares of the business. Sachem Head Capital Management LP bought a new stake in ZoomInfo Technologies in the 4th quarter valued at $150,465,000. RPD Fund Management LLC grew its position in ZoomInfo Technologies by 78.6% in the 1st quarter. RPD Fund Management LLC now owns 17,199,109 shares of the company’s stock worth $102,851,000 after purchasing an additional 7,570,791 shares during the last quarter. Dimensional Fund Advisors LP grew its position in ZoomInfo Technologies by 24.7% in the 1st quarter. Dimensional Fund Advisors LP now owns 15,100,675 shares of the company’s stock worth $90,302,000 after purchasing an additional 2,992,276 shares during the last quarter. Quantinno Capital Management LP increased its holdings in shares of ZoomInfo Technologies by 127.7% during the 1st quarter. Quantinno Capital Management LP now owns 4,144,952 shares of the company’s stock worth $24,787,000 after purchasing an additional 2,324,381 shares during the period. Finally, Assenagon Asset Management S.A. increased its holdings in shares of ZoomInfo Technologies by 5,757.6% during the 1st quarter. Assenagon Asset Management S.A. now owns 1,538,853 shares of the company’s stock worth $9,202,000 after purchasing an additional 1,512,582 shares during the period. 95.47% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several research analysts have weighed in on the company. Stifel Nicolaus upped their target price on ZoomInfo Technologies from $3.50 to $4.00 and gave the stock a “hold” rating in a research report on Thursday, August 6th. DA Davidson reduced their price target on ZoomInfo Technologies from $5.00 to $4.50 and set a “neutral” rating for the company in a report on Thursday, August 6th. Wells Fargo & Company lowered their price target on ZoomInfo Technologies from $3.50 to $3.00 and set an “underweight” rating for the company in a research note on Monday, July 20th. UBS Group dropped their price objective 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, Citigroup increased their price objective on ZoomInfo Technologies from $2.00 to $2.50 and gave the stock a “sell” rating in a report on Friday, August 7th. One equities research 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. Based on data from MarketBeat, the stock currently has an average rating of “Reduce” and a consensus target price of $5.93.

ZoomInfo Technologies Company Profile

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.