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Insider Selling: Zoominfo Technologies Inc. (NASDAQ:GTM) CRO Sells 18,408 Shares of Stock

Zoominfo Technologies Inc. (NASDAQ:GTM - Get Free Report) CRO James M. Roth sold 18,408 shares of the business's stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $10.02, for a total value of $184,448.16. Following the completion of the transaction, the executive now directly owns 26,103 shares of the company's stock, valued at approximately $261,552.06. This trade represents a 41.36% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Zoominfo Technologies Stock Performance

GTM traded down $0.25 on Thursday, reaching $9.99. The stock had a trading volume of 2,793,795 shares, compared to its average volume of 6,538,885. The stock has a market capitalization of $3.29 billion, a price-to-earnings ratio of 83.25 and a beta of 1.05. Zoominfo Technologies Inc. has a 12-month low of $7.01 and a 12-month high of $13.39.

Analyst Ratings Changes

GTM has been the subject of several recent research reports. Needham & Company LLC reiterated a "buy" rating and set a $15.00 price target on shares of Zoominfo Technologies in a research report on Thursday, May 22nd. Wall Street Zen raised shares of Zoominfo Technologies from a "hold" rating to a "buy" rating in a research note on Saturday, May 24th.

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About Zoominfo Technologies

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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.

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