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

ZoomInfo Technologies Inc. (NASDAQ:GTM) saw unusually large options trading activity on Tuesday. Traders acquired 9,191 put options on the company. This is an increase of approximately 221% compared to the average volume of 2,859 put options.

Wall Street Analysts Forecast Growth

Several equities research analysts have issued reports on the stock. UBS Group boosted their price objective on shares of ZoomInfo Technologies from $12.00 to $13.00 and gave the stock a “neutral” rating in a research note on Tuesday, November 4th. Royal Bank Of Canada upped their price target on shares of ZoomInfo Technologies from $7.00 to $8.00 and gave the stock an “underperform” rating in a research report on Tuesday, November 4th. Barclays cut their price objective on ZoomInfo Technologies from $14.00 to $12.00 and set an “equal weight” rating on the stock in a research report on Monday, January 12th. KeyCorp raised ZoomInfo Technologies from an “underweight” rating to a “sector weight” rating in a research report on Monday, December 15th. Finally, 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. One equities research analyst has rated the stock with a Strong Buy rating, one has issued a Buy rating, six have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat.com, ZoomInfo Technologies presently has a consensus rating of “Hold” and a consensus target price of $11.61.

ZoomInfo Technologies Trading Down 0.2%

Shares of GTM stock opened at $8.76 on Thursday. ZoomInfo Technologies has a 52-week low of $7.01 and a 52-week high of $12.63. The company has a debt-to-equity ratio of 0.86, a quick ratio of 0.67 and a current ratio of 0.67. The stock has a market cap of $2.73 billion, a price-to-earnings ratio of 28.26, a P/E/G ratio of 1.37 and a beta of 1.06. The firm has a fifty day moving average of $9.90 and a 200-day moving average of $10.44.

ZoomInfo Technologies (NASDAQ:GTM) last issued its quarterly earnings results on Monday, November 3rd. The company reported $0.28 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.17 by $0.11. ZoomInfo Technologies had a net margin of 8.40% and a return on equity of 14.55%. The business had revenue of $318.00 million for the quarter, compared to the consensus estimate of $303.86 million. During the same quarter in the prior year, the company earned $0.28 EPS. The firm’s quarterly revenue was up 4.7% on a year-over-year basis. 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.

Insider Buying and Selling at ZoomInfo Technologies

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

Hedge Funds Weigh In On ZoomInfo Technologies

Large investors have recently made changes to their positions in the company. SG Americas Securities LLC bought a new position in ZoomInfo Technologies during the fourth quarter worth about $522,000. Wealth Enhancement Advisory Services LLC acquired a new stake in shares of ZoomInfo Technologies during the fourth quarter worth about $1,358,000. Retirement Systems of Alabama bought a new position in shares of ZoomInfo Technologies during the 4th quarter valued at about $14,412,000. Assenagon Asset Management S.A. acquired a new position in shares of ZoomInfo Technologies in the 4th quarter valued at approximately $267,000. Finally, Pallas Capital Advisors LLC acquired a new position in shares of ZoomInfo Technologies in the 4th quarter valued at approximately $435,000. Institutional investors and hedge funds own 95.47% of the company’s stock.

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.