ZoomInfo Technologies (NASDAQ:GTM) Stock Sees Heavy Call Option Buying

ZoomInfo Technologies Inc. (NASDAQ:GTM) saw unusually large options trading on Wednesday. Stock traders acquired 8,532 call options on the company. This is an increase of approximately 124% compared to the average daily volume of 3,801 call options.

ZoomInfo Technologies Price Performance

Shares of NASDAQ GTM traded up $0.14 during mid-day trading on Wednesday, reaching $4.25. The company’s stock had a trading volume of 1,319,158 shares, compared to its average volume of 9,136,105. The stock has a 50-day moving average of $3.92 and a two-hundred day moving average of $3.98. The stock has a market capitalization of $1.24 billion, a P/E ratio of -2.29, a P/E/G ratio of 0.61 and a beta of 0.87. 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 has a 1-year low of $2.54 and a 1-year high of $12.31.

ZoomInfo Technologies (NASDAQ:GTM) last posted its quarterly 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 negative net margin of 43.01% and a positive return on equity of 20.16%. The firm had revenue of $310.40 million for the quarter. During the same quarter in the previous year, the firm posted $0.25 earnings per share. The business’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, equities research analysts anticipate that ZoomInfo Technologies will post 0.83 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently commented on the company. DA Davidson cut their price objective on ZoomInfo Technologies from $5.00 to $4.50 and set a “neutral” rating for the company in a research report on Thursday, August 6th. 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 note on Thursday, August 6th. UBS Group decreased their target price on ZoomInfo Technologies from $5.00 to $4.50 and set a “neutral” rating on the stock in a research report on Thursday, August 6th. Wells Fargo & Company dropped their price target on shares of ZoomInfo Technologies from $3.50 to $3.00 and set an “underweight” rating on the stock in a research note on Monday, July 20th. Finally, Citigroup lifted their price target on shares of ZoomInfo Technologies from $2.00 to $2.50 and gave the company a “sell” rating in a research note on Friday, August 7th. One analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and seven have assigned a Sell rating to the company’s stock. According to MarketBeat.com, the stock has a consensus rating of “Reduce” and an average price target of $5.93.

Insider Transactions at ZoomInfo Technologies

In other ZoomInfo Technologies news, CRO James Roth sold 20,773 shares of the stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $3.70, for a total transaction of $76,860.10. Following the transaction, the executive owned 270,507 shares in the company, valued at approximately $1,000,875.90. This represents a 7.13% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 28,362 shares of company stock worth $106,623 in the last quarter. Corporate insiders own 9.90% of the company’s stock.

Institutional Trading of ZoomInfo Technologies

Several hedge funds have recently made changes to their positions in GTM. GAMMA Investing LLC grew its position in ZoomInfo Technologies by 118.5% in the 3rd quarter. GAMMA Investing LLC now owns 8,055 shares of the company’s stock valued at $31,000 after acquiring an additional 4,369 shares in the last quarter. Wedmont Private Capital purchased a new stake in ZoomInfo Technologies during the 2nd quarter worth approximately $36,000. Waverly Advisors LLC acquired a new stake in ZoomInfo Technologies during the 2nd quarter worth approximately $38,000. IFP Advisors Inc lifted its holdings in ZoomInfo Technologies by 269.8% during the 2nd quarter. IFP Advisors Inc now owns 13,364 shares of the company’s stock worth $39,000 after buying an additional 9,750 shares in the last quarter. Finally, NewEdge Advisors LLC boosted its position in ZoomInfo Technologies by 7,366.7% in the 2nd quarter. NewEdge Advisors LLC now owns 13,440 shares of the company’s stock valued at $39,000 after buying an additional 13,260 shares during the period. Hedge funds and other institutional investors own 95.47% of the company’s stock.

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.