ZoomInfo Technologies Inc. $GTM Shares Sold by Corient Private Wealth LP

Key Points

• Corient Private Wealth LP cut its ZoomInfo Technologies stake by 73.3% in the second quarter, selling 392,114 shares and retaining 142,550 shares valued at approximately $418,000.
• Institutional ownership remains high at 95.47%, while other major investors—including RPD Fund Management, Dimensional Fund Advisors, and Quantinno Capital—expanded their positions.
• Analysts have a consensus “Reduce” rating with a $5.93 target price. ZoomInfo beat quarterly EPS estimates ($0.28 versus $0.19) on $310.4 million in revenue, though revenue increased only 1.2% year over year and the stock opened at $3.85.

Corient Private Wealth LP decreased its holdings in shares of ZoomInfo Technologies Inc. (NASDAQ:GTM - Free Report) by 73.3% in the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm owned 142,550 shares of the company's stock after selling 392,114 shares during the quarter. Corient Private Wealth LP's holdings in ZoomInfo Technologies were worth $418,000 at the end of the most recent quarter.

Several other hedge funds and other institutional investors have also modified their holdings of GTM. Sachem Head Capital Management LP bought a new stake in shares of ZoomInfo Technologies during the fourth quarter valued at approximately $150,465,000. RPD Fund Management LLC grew its holdings in shares of ZoomInfo Technologies by 78.6% during the first quarter. RPD Fund Management LLC now owns 17,199,109 shares of the company's stock worth $102,851,000 after purchasing an additional 7,570,791 shares during the last quarter. Norges Bank bought a new stake in shares of ZoomInfo Technologies during the fourth quarter worth $31,428,000. Dimensional Fund Advisors LP increased its stake in shares of ZoomInfo Technologies by 24.7% in the first quarter. Dimensional Fund Advisors LP now owns 15,100,675 shares of the company's stock valued at $90,302,000 after buying an additional 2,992,276 shares in the last quarter. Finally, Quantinno Capital Management LP raised its holdings in shares of ZoomInfo Technologies by 127.7% in the first quarter. Quantinno Capital Management LP now owns 4,144,952 shares of the company's stock valued at $24,787,000 after buying an additional 2,324,381 shares during the last quarter. Institutional investors and hedge funds own 95.47% of the company's stock.

Wall Street Analyst Weigh In

A number of equities research analysts have commented on GTM shares. DA Davidson decreased their price objective on shares of ZoomInfo Technologies from $5.00 to $4.50 and set a "neutral" rating on the stock in a report on Thursday, August 6th. Wells Fargo & Company reduced their target price on shares of ZoomInfo Technologies from $3.50 to $3.00 and set an "underweight" rating on the stock in a research report on Monday, July 20th. UBS Group decreased their price target on shares of ZoomInfo Technologies from $5.00 to $4.50 and set a "neutral" rating on the stock in a research note on Thursday, August 6th. Citigroup raised their price target on shares of ZoomInfo Technologies from $2.00 to $2.50 and gave the company a "sell" rating in a report on Friday, August 7th. Finally, Stifel Nicolaus upped their price objective on ZoomInfo Technologies from $3.50 to $4.00 and gave the stock a "hold" rating in a report on Thursday, August 6th. One equities research analyst has rated the stock with a Buy rating, ten have assigned a Hold rating and seven have assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of "Reduce" and a consensus target price of $5.93.

ZoomInfo Technologies Stock Performance

Shares of ZoomInfo Technologies stock opened at $3.85 on Friday. ZoomInfo Technologies Inc. has a 52 week low of $2.54 and a 52 week high of $12.31. The company has a debt-to-equity ratio of 1.52, a quick ratio of 0.65 and a current ratio of 0.65. The stock has a market capitalization of $1.12 billion, a price-to-earnings ratio of -2.07, a PEG ratio of 0.59 and a beta of 0.87. The firm has a fifty day moving average of $3.86 and a two-hundred day moving average of $4.17.

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 the consensus estimate of $0.19 by $0.09. The firm had revenue of $310.40 million for the quarter. ZoomInfo Technologies had a positive return on equity of 20.16% and a negative net margin of 43.01%.The company's quarterly revenue was up 1.2% compared to the same quarter last year. During the same period in the previous 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, equities research analysts predict that ZoomInfo Technologies Inc. will post 0.83 EPS for the current year.

About ZoomInfo Technologies

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.

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