Insider Selling: ZoomInfo Technologies (NASDAQ:GTM) CRO Sells 20,773 Shares of Stock

Key Points

• ZoomInfo CRO James Roth sold 20,773 shares at an average price of $3.70, generating $76,860.10. The transaction, conducted under a Rule 10b5-1 plan, reduced his direct ownership by 7.13% to 270,507 shares.
• ZoomInfo shares recently traded around $3.75, well below their 52-week high of $12.31. The company reported quarterly EPS of $0.28, beating estimates of $0.19, while revenue rose 1.2% year over year to $310.4 million.
• Analyst sentiment remains cautious: the stock has an average “Reduce” rating, with 10 Hold and 7 Sell recommendations, despite institutional investors owning 95.47% of shares.

ZoomInfo Technologies Inc. (NASDAQ:GTM - Get Free Report) CRO James Roth sold 20,773 shares of the company's stock in a transaction on Friday, October 2nd. The stock was sold at an average price of $3.70, for a total transaction of $76,860.10. Following the sale, the executive directly owned 270,507 shares in the company, valued at $1,000,875.90. This trade represents a 7.13% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.

ZoomInfo Technologies Stock Performance

Shares of GTM stock traded up $0.04 during midday trading on Monday, hitting $3.75. 5,749,660 shares of the company were exchanged, compared to its average volume of 9,443,815. 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 firm's 50 day moving average price is $3.87 and its two-hundred day moving average price is $4.16. ZoomInfo Technologies Inc. has a 52 week low of $2.54 and a 52 week high of $12.31. The firm has a market capitalization of $1.09 billion, a P/E ratio of -2.02, a PEG ratio of 0.58 and a beta of 0.87.

ZoomInfo Technologies (NASDAQ:GTM - Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported $0.28 earnings per share (EPS) 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 negative net margin of 43.01% and a positive return on equity of 20.16%. The business's revenue for the quarter was up 1.2% on a year-over-year basis. During the same period in the prior year, the firm earned $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 anticipate that ZoomInfo Technologies Inc. will post 0.83 earnings per share for the current year.

Institutional Trading of ZoomInfo Technologies

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Sequoia Financial Advisors LLC lifted its holdings in ZoomInfo Technologies by 200.3% during the second quarter. Sequoia Financial Advisors LLC now owns 77,636 shares of the company's stock worth $227,000 after buying an additional 51,787 shares during the period. Engineers Gate Manager LP lifted its stake in ZoomInfo Technologies by 520.9% during the 2nd quarter. Engineers Gate Manager LP now owns 245,525 shares of the company's stock valued at $719,000 after acquiring an additional 205,984 shares during the period. Integrated Wealth Concepts LLC raised its stake in shares of ZoomInfo Technologies by 120.5% during the 2nd quarter. Integrated Wealth Concepts LLC now owns 74,340 shares of the company's stock valued at $218,000 after buying an additional 40,629 shares during the last quarter. NewEdge Advisors LLC lifted its stake in shares of ZoomInfo Technologies by 7,366.7% in the 2nd quarter. NewEdge Advisors LLC now owns 13,440 shares of the company's stock valued at $39,000 after purchasing an additional 13,260 shares during the period. Finally, IFP Advisors Inc grew its stake in ZoomInfo Technologies by 269.8% in the 2nd quarter. IFP Advisors Inc now owns 13,364 shares of the company's stock valued at $39,000 after acquiring an additional 9,750 shares during the period. Hedge funds and other institutional investors own 95.47% of the company's stock.

Wall Street Analyst Weigh In

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

About ZoomInfo Technologies

ZoomInfo Technologies provides go-to-market intelligence and workflow solutions designed to help businesses identify, engage and convert potential customers. Its platform combines business and professional data with tools for sales, marketing and recruiting teams, supporting activities such as account research, lead generation, customer segmentation and outreach.

The company's products include contact and company intelligence, sales and marketing automation, conversation intelligence, website visitor identification and intent-data capabilities.

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