ZoomInfo Technologies Inc. (NASDAQ:GTM) Receives Average Recommendation of “Reduce” from Brokerages

Shares of ZoomInfo Technologies Inc. (NASDAQ:GTM) have been given an average recommendation of “Reduce” by the eighteen ratings firms that are presently covering the firm, MarketBeat reports. Seven analysts have rated the stock with a sell recommendation, ten have issued a hold recommendation and one has given a buy recommendation to the company. The average 1-year target price among brokerages that have updated their coverage on the stock in the last year is $6.0944.

Several research firms recently commented on GTM. Wall Street Zen lowered shares of ZoomInfo Technologies from a “buy” rating to a “hold” rating in a research report on Sunday, May 17th. Mizuho reaffirmed an “underperform” rating and issued a $3.00 target price (down from $10.00) on shares of ZoomInfo Technologies in a research note on Wednesday, May 13th. Piper Sandler reaffirmed a “neutral” rating and issued a $4.00 target price (down from $7.00) on shares of ZoomInfo Technologies in a research note on Tuesday, May 12th. Wells Fargo & Company reduced their target price on ZoomInfo Technologies from $6.00 to $3.50 and set an “underweight” rating on the stock in a research note on Tuesday, May 12th. Finally, Barclays reduced their target price on ZoomInfo Technologies from $8.00 to $5.00 and set an “equal weight” rating on the stock in a research note on Wednesday, May 13th.

Insiders Place Their Bets

In other ZoomInfo Technologies news, CRO James M. Roth sold 35,723 shares of the stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $5.87, for a total transaction of $209,694.01. Following the transaction, the executive owned 139,795 shares of the company’s stock, valued at $820,596.65. This represents a 20.35% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this link. Also, General Counsel Ashley Mcgrane sold 6,959 shares of the stock in a transaction dated 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 in the company, valued at approximately $451,238.64. The trade was a 8.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Corporate insiders own 9.90% of the company’s stock.

Institutional Trading of ZoomInfo Technologies

A number of hedge funds have recently made changes to their positions in the company. Parallel Advisors LLC raised its stake 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 purchasing an additional 4,086 shares during the period. Lavelle Capital LP purchased a new stake in shares of ZoomInfo Technologies during the first quarter valued at approximately $497,000. Bank of America Corp DE raised its stake in shares of ZoomInfo Technologies by 81.1% during the first quarter. Bank of America Corp DE now owns 1,898,951 shares of the company’s stock valued at $11,356,000 after purchasing an additional 850,386 shares during the period. Bull Harbor Capital LLC purchased a new stake in shares of ZoomInfo Technologies during the first quarter valued at approximately $117,000. Finally, Amundi raised its stake in shares of ZoomInfo Technologies by 724.9% during the first quarter. Amundi now owns 667,967 shares of the company’s stock valued at $3,994,000 after purchasing an additional 586,991 shares during the period. Hedge funds and other institutional investors own 95.47% of the company’s stock.

ZoomInfo Technologies Stock Performance

NASDAQ:GTM opened at $2.61 on Friday. ZoomInfo Technologies has a 1-year low of $2.54 and a 1-year high of $12.51. The firm’s fifty day moving average price is $4.24 and its 200 day moving average price is $6.51. The firm has a market cap of $769.22 million, a price-to-earnings ratio of 6.53, a price-to-earnings-growth ratio of 0.53 and a beta of 0.88. The company has a debt-to-equity ratio of 0.89, a current ratio of 0.69 and a quick ratio of 0.69.

ZoomInfo Technologies (NASDAQ:GTM) last issued its earnings results on Monday, May 11th. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.18 by $0.10. The company had revenue of $310.20 million for the quarter. ZoomInfo Technologies had a net margin of 10.10% and a return on equity of 17.43%. ZoomInfo Technologies’s revenue for the quarter was up 1.5% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.23 earnings per share. 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. On average, sell-side analysts expect that ZoomInfo Technologies will post 0.81 EPS for the current year.

ZoomInfo Technologies Company 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.