Piper Sandler Cuts ZoomInfo Technologies (NASDAQ:GTM) Price Target to $7.00
by Amy Steele · The Cerbat GemZoomInfo Technologies (NASDAQ:GTM – Free Report) had its price target decreased by Piper Sandler from $8.00 to $7.00 in a report published on Tuesday,Benzinga reports. Piper Sandler currently has a neutral rating on the stock.
GTM has been the topic of a number of other research reports. Citigroup dropped their price target on ZoomInfo Technologies from $8.00 to $6.50 and set a “sell” rating on the stock in a research report on Wednesday, February 11th. Wall Street Zen cut ZoomInfo Technologies from a “buy” rating to a “hold” rating in a research note on Monday. Jefferies Financial Group dropped their price objective on shares of ZoomInfo Technologies from $16.00 to $12.00 and set a “buy” rating on the stock in a report on Tuesday, February 3rd. UBS Group cut their target price on shares of ZoomInfo Technologies from $13.00 to $8.50 and set a “neutral” rating for the company in a research report on Tuesday, February 10th. Finally, KeyCorp upgraded shares of ZoomInfo Technologies from an “underweight” rating to a “sector weight” rating in a research note on Monday, December 15th. One research analyst has rated the stock with a Strong Buy rating, two have given a Buy rating, seven have issued a Hold rating and four have issued a Sell rating to the stock. According to MarketBeat, the company has an average rating of “Hold” and an average target price of $9.11.
Check Out Our Latest Analysis on GTM
ZoomInfo Technologies Trading Up 0.3%
NASDAQ:GTM opened at $6.17 on Tuesday. ZoomInfo Technologies has a 12 month low of $5.15 and a 12 month high of $12.51. The company has a current ratio of 0.72, a quick ratio of 0.72 and a debt-to-equity ratio of 0.87. The firm’s 50 day moving average is $6.12 and its 200 day moving average is $8.64. The stock has a market capitalization of $1.88 billion, a PE ratio of 16.24, a price-to-earnings-growth ratio of 1.72 and a beta of 1.08.
ZoomInfo Technologies (NASDAQ:GTM – Get Free Report) last announced its quarterly earnings data on Monday, February 9th. The company reported $0.32 earnings per share for the quarter, beating the consensus estimate of $0.20 by $0.12. ZoomInfo Technologies had a return on equity of 16.32% and a net margin of 9.94%.The business had revenue of $319.10 million during the quarter. During the same period last year, the company posted $0.26 earnings per share. ZoomInfo Technologies’s revenue for the quarter was up 3.2% on a year-over-year basis. ZoomInfo Technologies has set its Q1 2026 guidance at 0.250-0.270 EPS and its FY 2026 guidance at 1.100-1.120 EPS.
Insider Buying and Selling at ZoomInfo Technologies
In related news, CRO James M. Roth sold 35,723 shares of the business’s stock in a transaction on Thursday, April 2nd. The stock was sold at an average price of $5.87, for a total transaction of $209,694.01. Following the sale, the executive directly owned 139,795 shares in the company, valued at approximately $820,596.65. The trade was a 20.35% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, General Counsel Ashley Mcgrane sold 6,959 shares of the stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $5.87, for a total value of $40,849.33. Following the sale, the general counsel directly owned 76,872 shares in the company, valued at $451,238.64. This trade represents a 8.30% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders sold 44,727 shares of company stock valued at $262,834. 9.90% of the stock is owned by company insiders.
Institutional Investors Weigh In On ZoomInfo Technologies
A number of institutional investors and hedge funds have recently modified their holdings of the company. Vanguard Group Inc. purchased a new position in ZoomInfo Technologies during the fourth quarter valued at approximately $255,416,000. Sachem Head Capital Management LP bought a new stake in ZoomInfo Technologies during the 4th quarter worth approximately $150,465,000. Dimensional Fund Advisors LP purchased a new stake in ZoomInfo Technologies in the 4th quarter worth approximately $123,138,000. LSV Asset Management bought a new position in ZoomInfo Technologies in the 4th quarter valued at $103,545,000. Finally, RPD Fund Management LLC boosted its holdings in ZoomInfo Technologies by 19.4% in the 4th quarter. RPD Fund Management LLC now owns 9,628,318 shares of the company’s stock valued at $97,920,000 after purchasing an additional 1,564,102 shares during the period. 95.47% of the stock is 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.