Stock Traders Buy Large Volume of Put Options on ZoomInfo Technologies (NASDAQ:GTM)

ZoomInfo Technologies Inc. (NASDAQ:GTM) was the recipient of some unusual options trading on Tuesday. Investors bought 9,191 put options on the company. This represents an increase of 221% compared to the typical daily volume of 2,859 put options.

Analysts Set New Price Targets

A number of research firms have recently weighed in on GTM. UBS Group increased their price target on ZoomInfo Technologies from $12.00 to $13.00 and gave the company a “neutral” rating in a research note on Tuesday, November 4th. BTIG Research assumed coverage on ZoomInfo Technologies in a report on Wednesday, December 17th. They issued a “buy” rating and a $13.00 price objective for the company. Citigroup increased their target price on ZoomInfo Technologies from $11.00 to $13.00 and gave the company a “neutral” rating in a research note on Tuesday, November 4th. Barclays reduced their target price on ZoomInfo Technologies from $14.00 to $12.00 and set an “equal weight” rating on the stock in a report on Monday, January 12th. Finally, The Goldman Sachs Group boosted their target price on ZoomInfo Technologies from $9.40 to $10.70 and gave the stock a “sell” rating in a research report on Tuesday, November 4th. One investment analyst has rated the stock with a Strong Buy rating, one has assigned a Buy rating, six have given a Hold rating and three have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $11.61.

Insider Activity at ZoomInfo Technologies

In other news, General Counsel Ashley Mcgrane sold 6,600 shares of ZoomInfo Technologies stock in a transaction on Tuesday, November 4th. The stock was sold at an average price of $11.69, for a total value of $77,154.00. Following the completion of the sale, the general counsel directly owned 28,399 shares of the company’s stock, valued at approximately $331,984.31. This trade represents a 18.86% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Company insiders own 9.00% of the company’s stock.

Institutional Investors Weigh In On ZoomInfo Technologies

A number of institutional investors have recently added to or reduced their stakes in the business. Allworth Financial LP bought a new position in shares of ZoomInfo Technologies during the third quarter valued at $40,000. GAMMA Investing LLC acquired a new stake in ZoomInfo Technologies in the fourth quarter valued at $47,000. EMC Capital Management acquired a new stake in ZoomInfo Technologies in the third quarter valued at $76,000. True Wealth Design LLC bought a new position in ZoomInfo Technologies during the 4th quarter worth $74,000. Finally, Advisory Services Network LLC acquired a new position in ZoomInfo Technologies during the 3rd quarter worth about $105,000. 95.47% of the stock is owned by institutional investors.

ZoomInfo Technologies Stock Down 2.8%

Shares of GTM opened at $8.78 on Wednesday. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.67 and a current ratio of 0.67. ZoomInfo Technologies has a 52 week low of $7.01 and a 52 week high of $12.63. The stock has a market capitalization of $2.74 billion, a price-to-earnings ratio of 28.32, a PEG ratio of 1.41 and a beta of 1.06. The stock has a fifty day moving average of $9.93 and a 200-day moving average of $10.46.

ZoomInfo Technologies (NASDAQ:GTM) last issued its earnings results on Monday, November 3rd. The company reported $0.28 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.17 by $0.11. ZoomInfo Technologies had a return on equity of 14.55% and a net margin of 8.40%.The business had revenue of $318.00 million during the quarter, compared to analysts’ expectations of $303.86 million. During the same quarter in the prior year, the firm earned $0.28 EPS. The business’s revenue for the quarter was up 4.7% compared to the same quarter last year. ZoomInfo Technologies has set its FY 2025 guidance at 1.040-1.060 EPS and its Q4 2025 guidance at 0.270-0.290 EPS.

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.