ZoomInfo Technologies (NASDAQ:GTM) Stock Price Down 7.6% – Time to Sell?

ZoomInfo Technologies Inc. (NASDAQ:GTM) shares fell 7.6% on Tuesday . The company traded as low as $3.82 and last traded at $3.8150. Approximately 611,530 shares changed hands during trading, a decline of 94% from the average session volume of 9,856,910 shares. The stock had previously closed at $4.13.

Wall Street Analyst Weigh In

A number of equities analysts have commented on GTM shares. Citizens Jmp dropped their target price on shares of ZoomInfo Technologies from $6.00 to $2.50 and set a “market underperform” rating on the stock in a research note on Tuesday, May 12th. Barclays lowered their price target on ZoomInfo Technologies from $8.00 to $5.00 and set an “equal weight” rating for the company in a report on Wednesday, May 13th. Piper Sandler restated a “neutral” rating and set a $4.00 price objective (down from $7.00) on shares of ZoomInfo Technologies in a report on Tuesday, May 12th. JPMorgan Chase & Co. decreased their target price on ZoomInfo Technologies from $12.00 to $11.00 and set an “overweight” rating for the company in a research report on Tuesday, May 12th. Finally, Canaccord Genuity Group cut ZoomInfo Technologies from a “buy” rating to a “hold” rating and lowered their target price for the stock from $12.00 to $5.00 in a report on Tuesday, May 12th. One equities research analyst has rated the stock with a Buy rating, ten have issued a Hold rating and seven have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, ZoomInfo Technologies currently has a consensus rating of “Reduce” and an average target price of $5.93.

ZoomInfo Technologies Trading Down 6.7%

The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 1.52. The stock’s 50 day moving average price is $3.54 and its 200-day moving average price is $4.47. The stock has a market capitalization of $1.12 billion, a P/E ratio of -2.07, a P/E/G ratio of 0.64 and a beta of 0.85.

ZoomInfo Technologies (NASDAQ:GTM) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.28 EPS for the quarter, topping analysts’ consensus estimates of $0.19 by $0.09. The company had revenue of $310.40 million during the quarter. ZoomInfo Technologies had a negative net margin of 43.01% and a positive return on equity of 20.16%. The business’s quarterly revenue was up 1.2% on a year-over-year basis. During the same period last year, the firm earned $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. As a group, equities research analysts expect that ZoomInfo Technologies Inc. will post 0.84 earnings per share for the current year.

Institutional Investors Weigh In On ZoomInfo Technologies

A number of hedge funds have recently made changes to their positions in GTM. Global Retirement Partners LLC purchased a new position in ZoomInfo Technologies in the fourth quarter valued at about $26,000. Fifth Third Bancorp purchased a new stake in shares of ZoomInfo Technologies during the fourth quarter valued at about $29,000. Covestor Ltd purchased a new stake in shares of ZoomInfo Technologies during the fourth quarter valued at about $34,000. Wedmont Private Capital bought a new stake in shares of ZoomInfo Technologies in the 2nd quarter valued at about $36,000. Finally, Everhart Financial Group Inc. purchased a new position in shares of ZoomInfo Technologies in the 2nd quarter worth approximately $40,000. 95.47% of the stock is currently owned by hedge funds and other institutional investors.

About ZoomInfo Technologies

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.