ZoomInfo Technologies (NASDAQ:GTM) Stock Jumps 5% – Still a Buy?

Shares of ZoomInfo Technologies Inc. (NASDAQ:GTM) shot up 5% during trading on Tuesday. The company traded as high as $4.03 and last traded at $4.0740. 113,809 shares were traded during trading, a decline of 99% from the average daily volume of 9,277,642 shares. The stock had previously closed at $3.88.

Analysts Set New Price Targets

Several research analysts have weighed in on GTM shares. Citigroup upped their target price on shares of ZoomInfo Technologies from $2.00 to $2.50 and gave the stock a “sell” rating in a research report on Friday, August 7th. DA Davidson reduced their price target on shares of ZoomInfo Technologies from $5.00 to $4.50 and set a “neutral” rating for the company in a research report on Thursday, August 6th. Wells Fargo & Company decreased their price target on ZoomInfo Technologies from $3.50 to $3.00 and set an “underweight” rating on the stock in a research note on Monday, July 20th. UBS Group decreased their price target on ZoomInfo Technologies from $5.00 to $4.50 and set a “neutral” rating on the stock in a research note on Thursday, August 6th. Finally, Stifel Nicolaus upped their price target on ZoomInfo Technologies from $3.50 to $4.00 and gave the stock a “hold” rating in a report on Thursday, August 6th. One investment analyst has rated the stock with a Buy rating, ten have given a Hold rating and seven have assigned a Sell rating to the company. According to MarketBeat, ZoomInfo Technologies has a consensus rating of “Reduce” and an average price target of $5.93.

ZoomInfo Technologies Stock Up 3.7%

The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.65 and a current ratio of 0.65. The firm’s 50-day moving average is $3.92 and its 200 day moving average is $4.06. The firm has a market capitalization of $1.17 billion, a PE ratio of -2.16, a price-to-earnings-growth ratio of 0.61 and a beta of 0.87.

ZoomInfo Technologies (NASDAQ:GTM) last issued its quarterly earnings data on Wednesday, August 5th. The company reported $0.28 EPS for the quarter, beating 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 period in the previous year, the company posted $0.25 earnings per share. ZoomInfo Technologies’s revenue was up 1.2% on a year-over-year basis. 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, research analysts forecast that ZoomInfo Technologies Inc. will post 0.83 earnings per share for the current fiscal year.

Insider Activity

In other ZoomInfo Technologies news, CRO James Roth sold 20,773 shares of the company’s stock in a transaction dated Friday, October 2nd. The shares were sold at an average price of $3.70, for a total value of $76,860.10. Following the sale, the executive owned 270,507 shares of the company’s stock, valued at $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 Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold a total of 23,362 shares of company stock valued at $86,623 over the last quarter. 9.90% of the stock is owned by corporate insiders.

Institutional Inflows and Outflows

A number of hedge funds have recently modified their holdings of the business. Wedmont Private Capital raised its position in shares of ZoomInfo Technologies by 76.1% during the 3rd quarter. Wedmont Private Capital now owns 21,988 shares of the company’s stock worth $84,000 after purchasing an additional 9,502 shares during the last quarter. GAMMA Investing LLC grew its holdings in ZoomInfo Technologies by 118.5% during the 3rd quarter. GAMMA Investing LLC now owns 8,055 shares of the company’s stock valued at $31,000 after buying an additional 4,369 shares during the last quarter. Sequoia Financial Advisors LLC grew its holdings in ZoomInfo Technologies by 200.3% during the 2nd quarter. Sequoia Financial Advisors LLC now owns 77,636 shares of the company’s stock valued at $227,000 after buying an additional 51,787 shares during the last quarter. Engineers Gate Manager LP increased its position in ZoomInfo Technologies by 520.9% during the second quarter. Engineers Gate Manager LP now owns 245,525 shares of the company’s stock worth $719,000 after buying an additional 205,984 shares in the last quarter. Finally, Integrated Wealth Concepts LLC increased its position in ZoomInfo Technologies by 120.5% during the second quarter. Integrated Wealth Concepts LLC now owns 74,340 shares of the company’s stock worth $218,000 after buying an additional 40,629 shares in the last quarter. 95.47% of the stock is owned by hedge funds and other institutional investors.

About ZoomInfo Technologies

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.