ZoomInfo Technologies Inc. (NASDAQ:GTM) General Counsel Ashley Mcgrane Sells 1,240 Shares of Stock

ZoomInfo Technologies Inc. (NASDAQ:GTM) General Counsel Ashley Mcgrane sold 1,240 shares of the company’s stock in a transaction on Tuesday, July 1st. The shares were sold at an average price of $10.09, for a total transaction of $12,511.60. Following the completion of the sale, the general counsel owned 22,407 shares of the company’s stock, valued at approximately $226,086.63. This represents a 5.24% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link.

Ashley Mcgrane also recently made the following trade(s):

• On Wednesday, July 2nd, Ashley Mcgrane sold 1,398 shares of ZoomInfo Technologies stock. The shares were sold at an average price of $10.05, for a total transaction of $14,049.90.

ZoomInfo Technologies Stock Down 0.4%

Shares of NASDAQ:GTM opened at $10.04 on Thursday. The company has a market cap of $3.30 billion, a P/E ratio of 83.67, a PEG ratio of 1.75 and a beta of 1.06. The company has a debt-to-equity ratio of 0.74, a current ratio of 0.66 and a quick ratio of 0.66. ZoomInfo Technologies Inc. has a 12 month low of $7.01 and a 12 month high of $13.39.

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Wells Fargo & Company cut ZoomInfo Technologies from a “hold” rating to a “strong sell” rating and cut their price target for the company from $10.00 to $9.00 in a research note on Friday, June 13th. Needham & Company LLC reaffirmed a “buy” rating and set a $15.00 target price on shares of ZoomInfo Technologies in a research note on Thursday, May 22nd. Finally, Wall Street Zen downgraded shares of ZoomInfo Technologies from a “buy” rating to a “hold” rating in a research report on Friday, June 27th.

About ZoomInfo Technologies

ZoomInfo Technologies Inc, through its subsidiaries, provides go-to-market intelligence and engagement platform for sales and marketing teams in the United States and internationally. The company’s cloud-based platform provides information on organizations and professionals to help users identify target customers and decision makers, obtain continually updated predictive lead and company scoring, monitor buying signals and other attributes of target companies, craft messages, engage through automated sales tools, and track progress through the deal cycle.