Insider Selling: ZoomInfo Technologies Inc. (NASDAQ:GTM) General Counsel Sells 1,240 Shares of Stock

ZoomInfo Technologies Inc. (NASDAQ:GTM - Get Free Report) General Counsel Ashley Mcgrane sold 1,240 shares of the business's stock in a transaction dated Tuesday, July 1st. The shares were sold at an average price of $10.09, for a total transaction of $12,511.60. Following the completion of 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 ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through 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 Trading Up 2.2%

ZoomInfo Technologies stock traded up $0.22 during mid-day trading on Friday, hitting $10.26. The company's stock had a trading volume of 2,559,763 shares, compared to its average volume of 4,034,965. ZoomInfo Technologies Inc. has a 1 year low of $7.01 and a 1 year high of $13.39. The company has a debt-to-equity ratio of 0.74, a quick ratio of 0.66 and a current ratio of 0.66. The firm has a market capitalization of $3.37 billion, a price-to-earnings ratio of 85.51, a PEG ratio of 1.78 and a beta of 1.06.

Analyst Upgrades and Downgrades

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

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.