ZoomInfo Technologies Inc. (NASDAQ:GTM – Get Free Report) General Counsel Ashley Mcgrane sold 6,959 shares of ZoomInfo Technologies stock in a transaction that occurred on Thursday, April 2nd. The shares were sold at an average price of $5.87, for a total transaction of $40,849.33. Following the transaction, the general counsel directly owned 76,872 shares in the company, valued at approximately $451,238.64. The trade was a 8.30% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink.
Ashley Mcgrane also recently made the following trade(s):
- On Friday, March 13th, Ashley Mcgrane sold 2,045 shares of ZoomInfo Technologies stock. The stock was sold at an average price of $6.01, for a total transaction of $12,290.45.
ZoomInfo Technologies Price Performance
ZoomInfo Technologies stock opened at $5.81 on Friday. The company has a quick ratio of 0.72, a current ratio of 0.72 and a debt-to-equity ratio of 0.87. The firm has a market cap of $1.77 billion, a P/E ratio of 15.29, a P/E/G ratio of 1.63 and a beta of 1.08. The business has a fifty day moving average of $6.51 and a two-hundred day moving average of $9.00. ZoomInfo Technologies Inc. has a twelve month low of $5.57 and a twelve month high of $12.51.
Analyst Ratings Changes
GTM has been the subject of several analyst reports. DA Davidson decreased their price target on shares of ZoomInfo Technologies from $13.00 to $7.00 and set a “neutral” rating for the company in a research report on Wednesday, February 11th. Piper Sandler lowered their price target on shares of ZoomInfo Technologies from $12.00 to $9.00 and set a “neutral” rating on the stock in a report on Tuesday, February 3rd. Royal Bank Of Canada cut their price objective on shares of ZoomInfo Technologies from $8.00 to $7.00 and set an “underperform” rating on the stock in a research report on Tuesday, February 10th. Jefferies Financial Group reduced their price objective on shares of ZoomInfo Technologies from $16.00 to $12.00 and set a “buy” rating for the company in a research note on Tuesday, February 3rd. Finally, Wells Fargo & Company decreased their target price on shares of ZoomInfo Technologies from $10.00 to $6.00 and set an “underweight” rating for the company in a research report on Tuesday, February 10th. One analyst has rated the stock with a Strong Buy rating, two have issued a Buy rating, seven have assigned a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, ZoomInfo Technologies presently has an average rating of “Hold” and a consensus target price of $9.25.
View Our Latest Stock Report on ZoomInfo Technologies
Institutional Inflows and Outflows
Hedge funds have recently added to or reduced their stakes in the company. Global Retirement Partners LLC purchased a new stake in ZoomInfo Technologies in the 4th quarter valued at $26,000. Fifth Third Bancorp purchased a new stake in shares of ZoomInfo Technologies during the 4th quarter valued at approximately $29,000. Covestor Ltd acquired a new position in ZoomInfo Technologies in the fourth quarter valued at approximately $34,000. Allworth Financial LP acquired a new position in ZoomInfo Technologies in the third quarter valued at approximately $40,000. Finally, Parallel Advisors LLC purchased a new position in ZoomInfo Technologies in the fourth quarter worth approximately $40,000. 95.47% of the stock is owned by institutional investors and hedge funds.
About ZoomInfo Technologies
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.
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