ZoomInfo Technologies Inc. $GTM Stock Holdings Decreased by WINTON GROUP Ltd

Key Points

• WINTON GROUP Ltd cut its ZoomInfo Technologies stake by 97.3% in the second quarter, selling 980,178 shares and retaining 27,429 shares valued at approximately $80,000. Institutional investors collectively own 95.47% of the company.
• Analysts maintain a cautious outlook: the stock has an average “Reduce” rating, with one Buy, ten Hold, and seven Sell ratings. The consensus price target is $5.93, while recent targets range from $2.50 to $4.50.
• ZoomInfo reported quarterly EPS of $0.28, beating the $0.19 consensus estimate, while revenue rose 1.2% year over year to $310.4 million. Shares opened at $3.82, near the lower end of their 12-month range of $2.54 to $12.31.

WINTON GROUP Ltd lowered its position in shares of ZoomInfo Technologies Inc. (NASDAQ:GTM - Free Report) by 97.3% during the second quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The firm owned 27,429 shares of the company's stock after selling 980,178 shares during the quarter. WINTON GROUP Ltd's holdings in ZoomInfo Technologies were worth $80,000 as of its most recent SEC filing.

Several other hedge funds have also made changes to their positions in GTM. Covestor Ltd acquired a new position in ZoomInfo Technologies in the 4th quarter worth approximately $34,000. Parallel Advisors LLC raised its stake in ZoomInfo Technologies by 105.1% during the 1st quarter. Parallel Advisors LLC now owns 7,975 shares of the company's stock valued at $48,000 after purchasing an additional 4,086 shares during the period. Pictet Asset Management Holding SA raised its stake in ZoomInfo Technologies by 13.3% during the 1st quarter. Pictet Asset Management Holding SA now owns 44,184 shares of the company's stock valued at $264,000 after purchasing an additional 5,203 shares during the period. HB Wealth Management LLC lifted its holdings in shares of ZoomInfo Technologies by 39.5% in the second quarter. HB Wealth Management LLC now owns 18,627 shares of the company's stock valued at $55,000 after purchasing an additional 5,279 shares in the last quarter. Finally, Sequoia Financial Advisors LLC lifted its holdings in shares of ZoomInfo Technologies by 27.4% in the first quarter. Sequoia Financial Advisors LLC now owns 25,849 shares of the company's stock valued at $155,000 after purchasing an additional 5,561 shares in the last quarter. Hedge funds and other institutional investors own 95.47% of the company's stock.

Wall Street Analysts Forecast Growth

A number of brokerages have recently weighed in on GTM. DA Davidson lowered their price target on 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 price objective on ZoomInfo Technologies from $3.50 to $3.00 and set an "underweight" rating for the company in a research note on Monday, July 20th. Stifel Nicolaus raised their price objective on ZoomInfo Technologies from $3.50 to $4.00 and gave the stock a "hold" rating in a research report on Thursday, August 6th. UBS Group lowered their target price on ZoomInfo Technologies from $5.00 to $4.50 and set a "neutral" rating on the stock in a research note on Thursday, August 6th. Finally, Citigroup upped their target price on ZoomInfo Technologies from $2.00 to $2.50 and gave the company a "sell" rating in a report on Friday, August 7th. One research analyst has rated the stock with a Buy rating, ten have issued a Hold rating and seven have given a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of "Reduce" and a consensus target price of $5.93.

ZoomInfo Technologies Trading Down 5.0%

ZoomInfo Technologies stock opened at $3.82 on Friday. The company's fifty day simple moving average is $3.72 and its 200-day simple moving average is $4.34. The company has a quick ratio of 0.65, a current ratio of 0.65 and a debt-to-equity ratio of 1.52. ZoomInfo Technologies Inc. has a 12 month low of $2.54 and a 12 month high of $12.31. The stock has a market cap of $1.11 billion, a P/E ratio of -2.05, a P/E/G ratio of 0.60 and a beta of 0.85.

ZoomInfo Technologies (NASDAQ:GTM - Get Free Report) last announced its quarterly earnings data on Wednesday, August 5th. The company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.19 by $0.09. ZoomInfo Technologies had a positive return on equity of 20.16% and a negative net margin of 43.01%.The business had revenue of $310.40 million during the quarter. During the same quarter in the prior year, the business posted $0.25 earnings per share. ZoomInfo Technologies's revenue was up 1.2% on a year-over-year basis. 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, sell-side analysts forecast that ZoomInfo Technologies Inc. will post 0.83 EPS for the current fiscal year.

ZoomInfo Technologies Company Profile

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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