ZoomInfo Technologies Inc. (NASDAQ:GTM - Get Free Report)'s share price rose 9.3% during mid-day trading on Monday . The stock traded as high as $4.11 and last traded at $4.1530. 2,717,783 shares were traded during trading, a decline of 72% from the average session volume of 9,744,281 shares. The stock had previously closed at $3.80.

Wall Street Analyst Weigh In

A number of equities analysts have recently weighed in on GTM shares. Citigroup boosted their price objective on shares of ZoomInfo Technologies from $2.00 to $2.50 and gave the company a "sell" rating in a research report on Friday, August 7th. UBS Group cut their price target on ZoomInfo Technologies from $5.00 to $4.50 and set a "neutral" rating for the company in a report on Thursday, August 6th. Wells Fargo & Company reduced 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. Bank of America restated an "underperform" rating and set a $4.00 price objective on shares of ZoomInfo Technologies in a report on Tuesday, May 19th. Finally, Jefferies Financial Group downgraded ZoomInfo Technologies from a "buy" rating to a "hold" rating and lowered their price objective for the company from $12.00 to $4.00 in a research report on Thursday, May 21st. One equities research analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and seven have issued a Sell rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Reduce" and an average target price of $5.93.

View Our Latest Stock Report on ZoomInfo Technologies

ZoomInfo Technologies Trading Up 9.1%

The business's fifty day moving average is $3.61 and its 200-day moving average is $4.40. The stock has a market capitalization of $1.21 billion, a PE ratio of -2.22, a P/E/G ratio of 0.59 and a beta of 0.85. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 1.52.

ZoomInfo Technologies (NASDAQ:GTM - Get Free Report) last issued its quarterly earnings results on Wednesday, August 5th. The company reported $0.28 EPS for the quarter, topping the consensus estimate of $0.19 by $0.09. The firm 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 revenue for the quarter was up 1.2% on a year-over-year basis. During the same period last year, the company posted $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, analysts anticipate that ZoomInfo Technologies Inc. will post 0.84 EPS for the current fiscal year.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in GTM. Global Retirement Partners LLC purchased a new position in shares of ZoomInfo Technologies in the 4th quarter worth about $26,000. Covestor Ltd purchased a new stake in shares of ZoomInfo Technologies during the 4th quarter worth about $34,000. Wedmont Private Capital purchased a new position in ZoomInfo Technologies in the second quarter valued at approximately $36,000. Waverly Advisors LLC acquired a new position in ZoomInfo Technologies during the second quarter valued at approximately $38,000. Finally, IFP Advisors Inc lifted its position in ZoomInfo Technologies by 269.8% during the second quarter. IFP Advisors Inc now owns 13,364 shares of the company's stock valued at $39,000 after buying an additional 9,750 shares in the last quarter. Institutional investors and hedge funds own 95.47% of the company's stock.

ZoomInfo Technologies Company Profile

(Get Free Report)

ZoomInfo Technologies, Inc provides go-to-market intelligence and sales and marketing software for businesses. Its platform helps organizations identify prospective customers, research companies and decision-makers, manage contact and account data, and prioritize opportunities across the sales and marketing process.

The company's products include business-to-business contact and company intelligence, workflow and automation tools, sales engagement capabilities, and conversation and revenue intelligence solutions.

Read More

• Five stocks we like better than ZoomInfo Technologies
• Analysts Are Punting Their Calls Into the Next Quarter After Adobe’s Mixed Earnings
• Institutional Money Is Pouring Into These 2 Altcoin ETFs
• The End of Big Tech Buybacks? Only One Hyperscaler Is Still Repurchasing Shares
• 3 Dividend Kings to Buy While They’re Still Beaten Down

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.

Should You Invest $1,000 in ZoomInfo Technologies Right Now?

Before you consider ZoomInfo Technologies, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and ZoomInfo Technologies wasn't on the list.

While ZoomInfo Technologies currently has a Reduce rating among analysts, top-rated analysts believe these five stocks are better buys.

View The Five Stocks Here