ZoomInfo Technologies (NASDAQ:GTM) Stock Price Down 5.3% Following Analyst Downgrade

ZoomInfo Technologies Inc. (NASDAQ:GTM)’s stock price was down 5.3% during trading on Thursday after Jefferies Financial Group downgraded the stock from a buy rating to a hold rating. Jefferies Financial Group now has a $4.00 price target on the stock, down from their previous price target of $12.00. ZoomInfo Technologies traded as low as $3.48 and last traded at $3.4750. Approximately 2,623,480 shares changed hands during mid-day trading, a decline of 74% from the average daily volume of 10,027,713 shares. The stock had previously closed at $3.67.

A number of other brokerages have also weighed in on GTM. Bank of America restated an “underperform” rating and set a $4.00 price objective on shares of ZoomInfo Technologies in a research note on Tuesday. Royal Bank Of Canada decreased their target price on ZoomInfo Technologies from $8.00 to $7.00 and set an “underperform” rating for the company in a research note on Tuesday, February 10th. Barclays cut their price objective on shares of ZoomInfo Technologies from $8.00 to $5.00 and set an “equal weight” rating on the stock in a research report on Wednesday, May 13th. DA Davidson lowered their price target on ZoomInfo Technologies from $7.00 to $5.00 and set a “neutral” rating on the stock in a report on Tuesday, May 12th. Finally, Citigroup cut their target price on ZoomInfo Technologies from $5.00 to $4.00 and set a “sell” rating for the company in a research report on Wednesday, May 13th. Two analysts have rated the stock with a Buy rating, ten have given a Hold rating and seven have issued a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Reduce” and a consensus target price of $6.56.

Insider Transactions at ZoomInfo Technologies

In other ZoomInfo Technologies news, CRO James M. Roth sold 35,723 shares of ZoomInfo Technologies stock in a transaction dated 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. The trade was a 20.35% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, General Counsel Ashley Mcgrane sold 6,959 shares of the stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $5.87, for a total transaction of $40,849.33. Following the completion of the sale, the general counsel directly owned 76,872 shares of the company’s stock, valued at $451,238.64. This trade represents a 8.30% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 44,727 shares of company stock valued at $262,834 over the last 90 days. Corporate insiders own 9.90% of the company’s stock.

Institutional Investors Weigh In On ZoomInfo Technologies

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Advisory Services Network LLC bought a new position in ZoomInfo Technologies during the third quarter worth $105,000. EMC Capital Management acquired a new position in shares of ZoomInfo Technologies in the 3rd quarter worth approximately $76,000. CIBC Private Wealth Group LLC acquired a new position in ZoomInfo Technologies during the third quarter worth $5,419,000. JPMorgan Chase & Co. acquired a new stake in shares of ZoomInfo Technologies during the 3rd quarter worth about $74,670,000. Finally, Swiss Life Asset Management Ltd acquired a new stake in shares of ZoomInfo Technologies during the third quarter worth approximately $140,000. 95.47% of the stock is currently owned by institutional investors and hedge funds.

ZoomInfo Technologies Price Performance

The stock has a fifty day moving average of $5.70 and a two-hundred day moving average of $7.82. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.89. The stock has a market capitalization of $1.06 billion, a price-to-earnings ratio of 8.69, a PEG ratio of 0.78 and a beta of 1.04.

ZoomInfo Technologies (NASDAQ:GTM) last posted its quarterly earnings data on Monday, May 11th. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.10. The firm had revenue of $310.20 million during the quarter. ZoomInfo Technologies had a net margin of 10.10% and a return on equity of 17.43%. The company’s revenue was up 1.5% compared to the same quarter last year. During the same quarter in the previous year, the business posted $0.23 EPS. 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. As a group, equities research analysts forecast that ZoomInfo Technologies Inc. will post 0.79 earnings per share 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.