ZoomInfo Technologies (NASDAQ:GTM) Upgraded at Wall Street Zen

ZoomInfo Technologies (NASDAQ:GTM - Get Free Report) was upgraded by stock analysts at Wall Street Zen from a "hold" rating to a "buy" rating in a note issued to investors on Saturday.

Several other brokerages also recently commented on GTM. Wells Fargo & Company downgraded shares of ZoomInfo Technologies from a "hold" rating to a "strong sell" rating and lowered their price objective for the company from $10.00 to $9.00 in a research note on Friday, June 13th. Needham & Company LLC reaffirmed a "buy" rating and set a $15.00 price objective on shares of ZoomInfo Technologies in a research note on Thursday, May 22nd.

ZoomInfo Technologies Stock Up 2.2%

Shares of NASDAQ:GTM opened at $10.26 on Friday. The stock has a market cap of $3.37 billion, a PE ratio of 85.51, a PEG ratio of 1.78 and a beta of 1.06. The company has a quick ratio of 0.66, a current ratio of 0.66 and a debt-to-equity ratio of 0.74. ZoomInfo Technologies has a 12 month low of $7.01 and a 12 month high of $13.39.

Insider Transactions at ZoomInfo Technologies

In related news, CRO James M. Roth sold 18,408 shares of the 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 directly owned 26,103 shares of the company's stock, valued at $261,552.06. This represents a 41.36% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Insiders have sold 35,819 shares of company stock valued at $359,478 over the last ninety days. 9.00% of the stock is owned by corporate insiders.

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.

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