Ashley Mcgrane Sells 1,240 Shares of ZoomInfo Technologies Inc. (NASDAQ:GTM) Stock

ZoomInfo Technologies Inc. (NASDAQ:GTM - Get Free Report) General Counsel Ashley Mcgrane sold 1,240 shares of the firm's stock in a transaction that occurred on Tuesday, July 1st. The stock was sold at an average price of $10.09, for a total transaction of $12,511.60. Following the sale, the general counsel directly owned 22,407 shares of the company's stock, valued at approximately $226,086.63. This trade represents a 5.24% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link.

Ashley Mcgrane also recently made the following trade(s):

• On Wednesday, July 2nd, Ashley Mcgrane sold 1,398 shares of ZoomInfo Technologies stock. The stock was sold at an average price of $10.05, for a total transaction of $14,049.90.

ZoomInfo Technologies Stock Performance

NASDAQ GTM traded down $0.04 during mid-day trading on Wednesday, hitting $10.04. The company's stock had a trading volume of 3,235,460 shares, compared to its average volume of 6,321,030. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.74. ZoomInfo Technologies Inc. has a twelve month low of $7.01 and a twelve month high of $13.39. The company has a market cap of $3.30 billion, a P/E ratio of 83.67, a PEG ratio of 1.76 and a beta of 1.06.

Wall Street Analyst Weigh In

Several equities research analysts have weighed in on the stock. Wells Fargo & Company downgraded shares of ZoomInfo Technologies from a "hold" rating to a "strong sell" rating and decreased their price target for the company from $10.00 to $9.00 in a research note on Friday, June 13th. Needham & Company LLC reaffirmed a "buy" rating and issued a $15.00 target price on shares of ZoomInfo Technologies in a research report on Thursday, May 22nd. Finally, Wall Street Zen downgraded ZoomInfo Technologies from a "buy" rating to a "hold" rating in a research note on Friday, June 27th.

ZoomInfo Technologies Company Profile

ZoomInfo Technologies Inc, through its subsidiaries, provides go-to-market intelligence and engagement platform for sales and marketing teams in the United States and internationally. The company's cloud-based platform provides information on organizations and professionals to help users identify target customers and decision makers, obtain continually updated predictive lead and company scoring, monitor buying signals and other attributes of target companies, craft messages, engage through automated sales tools, and track progress through the deal cycle.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.