ZoomInfo Technologies (NASDAQ:GTM) CRO James M. Roth Sells 3,288 Shares

Key Points

• James Roth, the Chief Revenue Officer of ZoomInfo Technologies, sold 3,288 shares at an average price of $10.26, decreasing his ownership by 6.93%.
• ZoomInfo's stock price rose by 0.9%, reaching $10.38, amidst a trading volume significantly lower than its average.
• Recent analyst ratings show a mix of opinions, with one "Buy," two "Hold," and three "Sell" ratings, reflecting uncertainty in the stock's future performance.

ZoomInfo Technologies Inc. (NASDAQ:GTM - Get Free Report) CRO James M. Roth sold 3,288 shares of the company's stock in a transaction on Wednesday, September 3rd. The stock was sold at an average price of $10.26, for a total value of $33,734.88. Following the sale, the executive owned 44,168 shares of the company's stock, valued at approximately $453,163.68. This represents a 6.93% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.

ZoomInfo Technologies Stock Performance

Shares of NASDAQ GTM traded up $0.42 during mid-day trading on Monday, hitting $10.65. The stock had a trading volume of 4,246,814 shares, compared to its average volume of 3,656,069. The company has a debt-to-equity ratio of 0.85, a quick ratio of 0.71 and a current ratio of 0.71. The stock's 50 day moving average price is $10.42. ZoomInfo Technologies Inc. has a twelve month low of $7.01 and a twelve month high of $13.39. The stock has a market cap of $3.39 billion, a price-to-earnings ratio of 40.96, a PEG ratio of 2.15 and a beta of 1.19.

Analyst Upgrades and Downgrades

Several analysts have recently commented on GTM shares. KeyCorp lifted their price target on shares of ZoomInfo Technologies from $7.00 to $9.00 and gave the company an "underweight" rating in a research report on Tuesday, August 5th. Royal Bank Of Canada boosted their price target on shares of ZoomInfo Technologies from $6.00 to $7.00 and gave the stock an "underperform" rating in a research note on Tuesday, August 5th. Piper Sandler boosted their price target on shares of ZoomInfo Technologies from $11.00 to $12.00 and gave the stock a "neutral" rating in a research note on Tuesday, August 5th. DA Davidson started coverage on shares of ZoomInfo Technologies in a research report on Tuesday, August 5th. They set a "neutral" rating and a $11.00 price objective for the company. Finally, Wells Fargo & Company downgraded shares of ZoomInfo Technologies from a "hold" rating to a "strong sell" rating and decreased their price objective for the company from $10.00 to $9.00 in a research note on Friday, June 13th. One research analyst has rated the stock with a Buy rating, two have given a Hold rating and three have given a Sell rating to the company's stock. According to data from MarketBeat, ZoomInfo Technologies has an average rating of "Reduce" and an average price target of $10.50.

About ZoomInfo Technologies

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.