AXQ Capital LP Invests $1.57 Million in ZoomInfo Technologies Inc. $GTM

Key Points

• AXQ Capital LP purchased 536,491 shares of ZoomInfo Technologies, valued at approximately $1.57 million, giving it a 0.18% stake. Institutional investors collectively own 95.47% of the company.
• Analyst sentiment remains cautious: the stock has an average rating of “Reduce”, with one Buy, ten Hold, and seven Sell ratings and a consensus price target of $5.93.
• ZoomInfo reported quarterly EPS of $0.28, beating estimates of $0.19, on revenue of $310.4 million. Revenue increased 1.2% year over year, while the stock recently traded at $4.13 within a 12-month range of $2.54 to $12.51.

AXQ Capital LP purchased a new stake in shares of ZoomInfo Technologies Inc. (NASDAQ:GTM - Free Report) during the 2nd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 536,491 shares of the company's stock, valued at approximately $1,572,000. AXQ Capital LP owned 0.18% of ZoomInfo Technologies as of its most recent SEC filing.

Other hedge funds have also added to or reduced their stakes in the company. Sachem Head Capital Management LP bought a new stake in ZoomInfo Technologies in the fourth quarter valued at about $150,465,000. Legal & General Group Plc acquired a new position in ZoomInfo Technologies in the fourth quarter valued at about $4,091,000. Jupiter Asset Management Ltd. bought a new position in ZoomInfo Technologies during the fourth quarter worth about $9,566,000. Amundi grew its position in shares of ZoomInfo Technologies by 724.9% during the 1st quarter. Amundi now owns 667,967 shares of the company's stock worth $3,994,000 after buying an additional 586,991 shares during the period. Finally, Norges Bank acquired a new position in shares of ZoomInfo Technologies during the 4th quarter worth about $31,428,000. Institutional investors own 95.47% of the company's stock.

Wall Street Analysts Forecast Growth

A number of analysts recently weighed in on GTM shares. JPMorgan Chase & Co. cut their price target on shares of ZoomInfo Technologies from $12.00 to $11.00 and set an "overweight" rating on the stock in a research report on Tuesday, May 12th. DA Davidson decreased their price objective on shares of ZoomInfo Technologies from $5.00 to $4.50 and set a "neutral" rating for the company in a report on Thursday, August 6th. Mizuho reaffirmed an "underperform" rating and issued a $3.00 target price (down from $10.00) on shares of ZoomInfo Technologies in a research note on Wednesday, May 13th. Jefferies Financial Group downgraded shares of ZoomInfo Technologies from a "buy" rating to a "hold" rating and lowered their target price for the company from $12.00 to $4.00 in a research note on Thursday, May 21st. Finally, Citizens Jmp reduced their price target on shares of ZoomInfo Technologies from $6.00 to $2.50 and set a "market underperform" rating on the stock in a research report on Tuesday, May 12th. One equities research analyst has rated the stock with a Buy rating, ten have issued a Hold rating and seven have issued a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of "Reduce" and a consensus price target of $5.93.

ZoomInfo Technologies Stock Performance

Shares of NASDAQ:GTM opened at $4.13 on Friday. The firm has a market cap of $1.20 billion, a PE ratio of -2.22, a PEG ratio of 0.64 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. The company's 50 day moving average price is $3.51 and its two-hundred day moving average price is $4.50. ZoomInfo Technologies Inc. has a 12-month low of $2.54 and a 12-month high of $12.51.

ZoomInfo Technologies (NASDAQ:GTM - Get Free Report) last released its earnings results on Wednesday, August 5th. The company reported $0.28 earnings per share for the quarter, beating analysts' consensus estimates of $0.19 by $0.09. The firm had revenue of $310.40 million during the quarter. ZoomInfo Technologies had a positive return on equity of 20.16% and a negative net margin of 43.01%.The business's revenue was up 1.2% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.25 earnings per share. 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. Equities research analysts predict that ZoomInfo Technologies Inc. will post 0.84 earnings per share for the current year.

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.

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