Sachem Head Capital Management LP Buys New Stake in ZoomInfo Technologies Inc. $GTM

Sachem Head Capital Management LP bought a new stake in ZoomInfo Technologies Inc. (NASDAQ:GTM) during the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 14,795,000 shares of the company’s stock, valued at approximately $150,465,000. ZoomInfo Technologies comprises about 3.5% of Sachem Head Capital Management LP’s holdings, making the stock its 14th largest position.

A number of other hedge funds have also recently modified their holdings of GTM. Vanguard Group Inc. purchased a new position in shares of ZoomInfo Technologies in the 4th quarter valued at $255,416,000. Dimensional Fund Advisors LP purchased a new position in ZoomInfo Technologies during the 4th quarter worth $123,138,000. LSV Asset Management purchased a new position in ZoomInfo Technologies during the 4th quarter worth $103,545,000. JPMorgan Chase & Co. purchased a new position in ZoomInfo Technologies during the 3rd quarter worth $74,670,000. Finally, Geode Capital Management LLC purchased a new position in ZoomInfo Technologies during the 4th quarter worth $55,441,000. 95.47% of the stock is owned by hedge funds and other institutional investors.

Analysts Set New Price Targets

Several research analysts have issued reports on the stock. Wells Fargo & Company lowered their price objective on shares of ZoomInfo Technologies from $6.00 to $3.50 and set an “underweight” rating on the stock in a research report on Tuesday, May 12th. Mizuho restated an “underperform” rating and issued a $3.00 target price (down from $10.00) on shares of ZoomInfo Technologies in a research note on Wednesday, May 13th. UBS Group reduced their target price on shares of ZoomInfo Technologies from $8.50 to $5.00 and set a “neutral” rating for the company in a research note on Tuesday, May 12th. Stifel Nicolaus restated a “hold” rating and issued a $4.00 target price (down from $12.00) on shares of ZoomInfo Technologies in a research note on Tuesday, May 12th. Finally, Citizens Jmp reduced their target price on shares of ZoomInfo Technologies from $6.00 to $2.50 and set a “market underperform” rating for the company in a research note on Tuesday, May 12th. One research analyst has rated the stock with a Buy rating, ten have issued a Hold rating and seven have given a Sell rating to the company’s stock. According to MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus target price of $6.09.

Insider Transactions at ZoomInfo Technologies

In other news, Director Domenic Maida purchased 27,500 shares of the stock in a transaction dated 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 directly owned 66,342 shares in the company, valued at $238,831.20. This represents a 70.80% increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, CRO James M. Roth sold 35,723 shares of ZoomInfo Technologies stock in a transaction dated Thursday, April 2nd. The stock was sold at an average price of $5.87, for a total transaction of $209,694.01. Following the sale, the executive owned 139,795 shares of the company’s stock, valued at approximately $820,596.65. This trade represents a 20.35% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders own 9.90% of the company’s stock.

ZoomInfo Technologies Stock Performance

NASDAQ:GTM opened at $2.81 on Monday. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.89. The firm has a 50-day moving average price of $4.77 and a two-hundred day moving average price of $6.96. ZoomInfo Technologies Inc. has a twelve month low of $2.59 and a twelve month high of $12.51. The company has a market capitalization of $828.16 million, a P/E ratio of 7.03, a price-to-earnings-growth ratio of 0.53 and a beta of 0.88.

ZoomInfo Technologies (NASDAQ:GTM) last posted its earnings results on Monday, May 11th. The company reported $0.28 earnings per share for the quarter, beating the consensus estimate of $0.18 by $0.10. The firm had revenue of $310.20 million during the quarter. ZoomInfo Technologies had a net margin of 10.10% and a return on equity of 17.43%. The business’s revenue was up 1.5% compared to the same quarter last year. During the same quarter last year, the business posted $0.23 earnings per share. 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. As a group, research analysts expect that ZoomInfo Technologies Inc. will post 0.81 earnings per share for the current fiscal year.

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.