Ashley Mcgrane Sells 1,398 Shares of ZoomInfo Technologies Inc. (NASDAQ:GTM) Stock

ZoomInfo Technologies Inc. (NASDAQ:GTM - Get Free Report) General Counsel Ashley Mcgrane sold 1,398 shares of the firm's stock in a transaction on Wednesday, July 2nd. The shares were sold at an average price of $10.05, for a total transaction of $14,049.90. Following the completion of the transaction, the general counsel directly owned 21,009 shares of the company's stock, valued at approximately $211,140.45. This trade represents a 6.24% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website.

Ashley Mcgrane also recently made the following trade(s):

• On Tuesday, July 1st, Ashley Mcgrane sold 1,240 shares of ZoomInfo Technologies stock. The shares were sold at an average price of $10.09, for a total transaction of $12,511.60.

ZoomInfo Technologies Price Performance

Shares of NASDAQ:GTM traded up $0.22 during midday trading on Thursday, hitting $10.26. The stock had a trading volume of 2,559,763 shares, compared to its average volume of 4,085,378. The stock has a market capitalization of $3.37 billion, a PE ratio of 85.51, a PEG ratio of 1.74 and a beta of 1.06. The company has a current ratio of 0.66, a quick ratio of 0.66 and a debt-to-equity ratio of 0.74. ZoomInfo Technologies Inc. has a fifty-two week low of $7.01 and a fifty-two week high of $13.39.

Wall Street Analysts Forecast Growth

A number of research analysts have recently commented on the stock. Wall Street Zen downgraded shares of ZoomInfo Technologies from a "buy" rating to a "hold" rating in a research report on Friday, June 27th. Needham & Company LLC reaffirmed a "buy" rating and set a $15.00 target price on shares of ZoomInfo Technologies in a report on Thursday, May 22nd. Finally, Wells Fargo & Company downgraded shares of ZoomInfo Technologies from a "hold" rating to a "strong sell" rating and cut their price objective for the company from $10.00 to $9.00 in a report 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.