Key Points
- ZoomInfo CRO James Roth sold 20,773 shares at an average price of $3.70, generating $76,860.10. The sale occurred under a pre-arranged Rule 10b5-1 trading plan and reduced his direct holdings by 7.13% to 270,507 shares.
- ZoomInfo reported quarterly revenue of $310.4 million and adjusted earnings of $0.28 per share, exceeding analysts’ estimate of $0.19; revenue increased 1.2% year over year.
- Analyst sentiment remains cautious, with one Buy, ten Hold, and seven Sell ratings. The stock carries an average “Reduce” rating and a $5.93 average price target, while shares recently traded near $3.75.
ZoomInfo Technologies Inc. (NASDAQ:GTM - Get Free Report) CRO James Roth sold 20,773 shares of the company's stock in a transaction on Friday, October 2nd. The stock was sold at an average price of $3.70, for a total value of $76,860.10. Following the transaction, the executive directly owned 270,507 shares in the company, valued at approximately $1,000,875.90. This represents a 7.13% decrease in their position. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
ZoomInfo Technologies Stock Up 1.1%
Shares of GTM opened at $3.75 on Tuesday. The business's fifty day moving average price is $3.88 and its two-hundred day moving average price is $4.14. The firm has a market capitalization of $1.09 billion, a price-to-earnings ratio of -2.02, a PEG ratio of 0.58 and a beta of 0.87. ZoomInfo Technologies Inc. has a 52 week low of $2.54 and a 52 week high of $12.31. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.65 and a current ratio of 0.65.
ZoomInfo Technologies (NASDAQ:GTM - Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported $0.28 earnings per share for the quarter, topping analysts' consensus estimates of $0.19 by $0.09. ZoomInfo Technologies had a positive return on equity of 20.16% and a negative net margin of 43.01%.The company had revenue of $310.40 million during the quarter. During the same quarter in the previous year, the firm earned $0.25 EPS. The company's revenue was up 1.2% compared to the same quarter last year. 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, analysts predict that ZoomInfo Technologies Inc. will post 0.83 earnings per share for the current year.
Analysts Set New Price Targets
Several analysts have weighed in on GTM shares. UBS Group dropped their price objective on ZoomInfo Technologies from $5.00 to $4.50 and set a "neutral" rating for the company in a report on Thursday, August 6th. Stifel Nicolaus raised their target price on shares of ZoomInfo Technologies from $3.50 to $4.00 and gave the company a "hold" rating in a research note on Thursday, August 6th. Citigroup lifted their price target on shares of ZoomInfo Technologies from $2.00 to $2.50 and gave the stock a "sell" rating in a research report on Friday, August 7th. Wells Fargo & Company cut their price objective on shares of ZoomInfo Technologies from $3.50 to $3.00 and set an "underweight" rating on the stock in a report on Monday, July 20th. Finally, DA Davidson reduced their price objective on shares of ZoomInfo Technologies from $5.00 to $4.50 and set a "neutral" rating on the stock in a research note on Thursday, August 6th. 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 stock. Based on data from MarketBeat, the stock currently has an average rating of "Reduce" and an average price target of $5.93.
Check Out Our Latest Research Report on ZoomInfo Technologies
Hedge Funds Weigh In On ZoomInfo Technologies
A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GTM. Parallel Advisors LLC grew its position in shares of ZoomInfo Technologies by 105.1% during the 1st quarter. Parallel Advisors LLC now owns 7,975 shares of the company's stock worth $48,000 after buying an additional 4,086 shares during the period. SJS Investment Consulting Inc. raised its position in shares of ZoomInfo Technologies by 380.0% in the 1st quarter. SJS Investment Consulting Inc. now owns 8,947 shares of the company's stock valued at $54,000 after acquiring an additional 7,083 shares during the period. Havemeyer Place LP acquired a new stake in shares of ZoomInfo Technologies in the 4th quarter valued at approximately $102,000. Brand Asset Management Group Inc. bought a new position in ZoomInfo Technologies during the 4th quarter worth approximately $102,000. Finally, MQS Management LLC bought a new position in ZoomInfo Technologies during the 1st quarter worth approximately $71,000. Institutional investors own 95.47% of the company's stock.
About ZoomInfo Technologies
(
Get Free Report)
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.
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