Harber Asset Management LLC Makes New Investment in ZoomInfo Technologies Inc. $GTM

Harber Asset Management LLC acquired a new position in ZoomInfo Technologies Inc. (NASDAQ:GTM) in the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 853,275 shares of the company’s stock, valued at approximately $8,678,000. ZoomInfo Technologies makes up approximately 3.6% of Harber Asset Management LLC’s investment portfolio, making the stock its 13th biggest holding.

A number of other institutional investors have also added to or reduced their stakes in GTM. Advisory Services Network LLC bought a new position in ZoomInfo Technologies in the third quarter worth $105,000. EMC Capital Management bought a new position in shares of ZoomInfo Technologies during the third quarter valued at $76,000. CIBC Private Wealth Group LLC bought a new position in shares of ZoomInfo Technologies during the third quarter valued at $5,419,000. JPMorgan Chase & Co. bought a new position in shares of ZoomInfo Technologies during the third quarter valued at $74,670,000. Finally, Swiss Life Asset Management Ltd bought a new position in shares of ZoomInfo Technologies during the third quarter valued at $140,000. Institutional investors own 95.47% of the company’s stock.

ZoomInfo Technologies Trading Up 4.9%

Shares of NASDAQ:GTM opened at $2.81 on Friday. The stock has a market capitalization of $828.16 million, a price-to-earnings ratio of 7.03, a PEG ratio of 0.53 and a beta of 0.88. The company has a debt-to-equity ratio of 0.89, a quick ratio of 0.69 and a current ratio of 0.69. The stock’s 50-day simple moving average is $4.77 and its two-hundred day simple moving average is $6.98. ZoomInfo Technologies Inc. has a 52-week low of $2.59 and a 52-week high of $12.51.

ZoomInfo Technologies (NASDAQ:GTM) last posted its quarterly earnings data on Monday, May 11th. The company reported $0.28 earnings per share for the quarter, beating analysts’ consensus estimates of $0.18 by $0.10. ZoomInfo Technologies had a return on equity of 17.43% and a net margin of 10.10%.The firm had revenue of $310.20 million for the quarter. During the same period in the previous year, the firm earned $0.23 earnings per share. The firm’s quarterly revenue was up 1.5% on a year-over-year basis. ZoomInfo Technologies has set its FY 2026 guidance at 1.100-1.120 EPS and its Q2 2026 guidance at 0.260-0.280 EPS. Analysts expect that ZoomInfo Technologies Inc. will post 0.81 EPS for the current year.

Insider Buying and Selling

In related news, General Counsel Ashley Mcgrane sold 6,959 shares of the business’s stock in a transaction that occurred on Thursday, April 2nd. The stock was sold at an average price of $5.87, for a total value of $40,849.33. Following the transaction, the general counsel directly owned 76,872 shares of the company’s stock, valued at approximately $451,238.64. The trade was a 8.30% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, Director Domenic Maida purchased 27,500 shares of the stock in a transaction that occurred on Tuesday, May 26th. The stock was acquired at an average cost of $3.60 per share, for a total transaction of $99,000.00. Following the completion of the acquisition, the director owned 66,342 shares in the company, valued at $238,831.20. This represents a 70.80% increase in their position. Additional details regarding this purchase are available in the official SEC disclosure. 9.90% of the stock is owned by insiders.

Analyst Upgrades and Downgrades

GTM has been the subject of several analyst reports. Citigroup reduced their price target on ZoomInfo Technologies from $5.00 to $4.00 and set a “sell” rating for the company in a report on Wednesday, May 13th. Jefferies Financial Group downgraded ZoomInfo Technologies from a “buy” rating to a “hold” rating and reduced their price target for the company from $12.00 to $4.00 in a report on Thursday, May 21st. Mizuho restated an “underperform” rating and set a $3.00 price target (down from $10.00) on shares of ZoomInfo Technologies in a report on Wednesday, May 13th. DA Davidson reduced their price target on ZoomInfo Technologies from $7.00 to $5.00 and set a “neutral” rating for the company in a report on Tuesday, May 12th. Finally, Canaccord Genuity Group downgraded ZoomInfo Technologies from a “buy” rating to a “hold” rating and reduced their price target for the company from $12.00 to $5.00 in a report on Tuesday, May 12th. One investment analyst has rated the stock with a Buy rating, ten have given a Hold rating and seven have issued a Sell rating to the stock. Based on data from MarketBeat, the company presently has an average rating of “Reduce” and a consensus price target of $6.09.

ZoomInfo Technologies Company Profile

ZoomInfo Technologies (NASDAQ:GTM) is a leading provider of go-to-market intelligence and sales engagement software designed to help organizations accelerate growth. The company offers a cloud-based platform that delivers comprehensive contact and company data, intent signals, and analytics to support prospecting, lead generation, and customer retention. Its solutions enable sales and marketing teams to identify and engage target accounts, personalize outreach, and optimize campaigns with real-time insights into buyer behavior and market trends.

Founded in 2007 and headquartered in Waltham, Massachusetts, ZoomInfo Technologies has expanded its global footprint across North America, Europe, and Asia–Pacific.