Key Points
- ZoomInfo CFO Michael Graham O’Brien sold 5,000 shares at an average price of $4.00, reducing his holdings by 1.5% to 329,132 shares. The sale was made under a pre-arranged Rule 10b5-1 trading plan.
- ZoomInfo reported quarterly EPS of $0.28, exceeding analysts’ $0.19 estimate, while revenue reached $310.4 million, up 1.2% year over year. The stock was trading near $3.94, with a market capitalization of approximately $1.15 billion.
- Analyst sentiment remains cautious: the consensus rating is “Reduce,” based on one Buy, ten Hold, and seven Sell ratings, with an average price target of $5.93. Institutional investors own 95.47% of the company’s shares.
ZoomInfo Technologies Inc. (NASDAQ:GTM - Get Free Report) CFO Michael Graham O'brien sold 5,000 shares of the firm's stock in a transaction that occurred on Friday, October 9th. The shares were sold at an average price of $4.00, for a total value of $20,000.00. Following the completion of the transaction, the chief financial officer owned 329,132 shares of the company's stock, valued at approximately $1,316,528. The trade was a 1.50% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
ZoomInfo Technologies Trading Up 1.5%
NASDAQ GTM opened at $3.94 on Wednesday. The firm has a market capitalization of $1.15 billion, a PE ratio of 4.62, a P/E/G ratio of 0.61 and a beta of 0.87. The stock's 50 day moving average is $3.93 and its 200 day moving average is $4.05. ZoomInfo Technologies Inc. has a twelve month low of $2.54 and a twelve month high of $12.31. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 1.52.
ZoomInfo Technologies (NASDAQ:GTM - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.28 earnings per share (EPS) for the quarter, topping analysts' consensus estimates of $0.19 by $0.09. The business had revenue of $310.40 million during the quarter. ZoomInfo Technologies had a positive return on equity of 20.16% and a negative net margin of 43.01%. ZoomInfo Technologies's revenue for the quarter was up 1.2% compared to the same quarter last year. During the same quarter last year, the company posted $0.25 EPS. 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. Research analysts forecast that ZoomInfo Technologies Inc. will post 0.83 earnings per share for the current fiscal year.
Institutional Inflows and Outflows
Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Parallel Advisors LLC increased its holdings in shares of ZoomInfo Technologies by 105.1% during the first quarter. Parallel Advisors LLC now owns 7,975 shares of the company's stock valued at $48,000 after acquiring an additional 4,086 shares in the last quarter. GAMMA Investing LLC boosted its stake in ZoomInfo Technologies by 118.5% in the 3rd quarter. GAMMA Investing LLC now owns 8,055 shares of the company's stock worth $31,000 after purchasing an additional 4,369 shares in the last quarter. Pictet Asset Management Holding SA boosted its stake in ZoomInfo Technologies by 13.3% in the 1st quarter. Pictet Asset Management Holding SA now owns 44,184 shares of the company's stock worth $264,000 after purchasing an additional 5,203 shares in the last quarter. HB Wealth Management LLC boosted its stake in ZoomInfo Technologies by 39.5% in the 2nd quarter. HB Wealth Management LLC now owns 18,627 shares of the company's stock worth $55,000 after purchasing an additional 5,279 shares in the last quarter. Finally, Sequoia Financial Advisors LLC boosted its stake in ZoomInfo Technologies by 27.4% in the 1st quarter. Sequoia Financial Advisors LLC now owns 25,849 shares of the company's stock worth $155,000 after purchasing an additional 5,561 shares in the last quarter. Institutional investors own 95.47% of the company's stock.
Analyst Ratings Changes
A number of analysts have recently weighed in on the stock. Stifel Nicolaus upped their target price on shares of 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 lowered their price target on shares of ZoomInfo Technologies from $5.00 to $4.50 and set a "neutral" rating for the company in a research report on Thursday, August 6th. UBS Group dropped 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. Citigroup boosted their price objective on shares of ZoomInfo Technologies from $2.00 to $2.50 and gave the stock a "sell" rating in a research note on Friday, August 7th. Finally, 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. One analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and seven have given a Sell rating to the company's stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Reduce" and an average target price of $5.93.
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About ZoomInfo Technologies
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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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