Zoominfo Technologies: General counsel sells $7.6k in GTM stock

Published 03/09/2025, 23:10
Zoominfo Technologies: General counsel sells $7.6k in GTM stock

Ashley McGrane, General Counsel and Corp Sec at ZoomInfo Technologies Inc. (NASDAQ:ZI), a company currently valued at $3.29 billion with impressive gross profit margins of 87.7%, sold a total of 739 shares of common stock on September 2nd and 3rd, 2025. According to InvestingPro analysis, ZI is currently trading below its Fair Value. The sales were executed at prices ranging from $10.23 to $10.40, resulting in a total value of $7,636.

On September 1, McGrane exercised options to acquire 1,318 shares of ZoomInfo Technologies Inc. common stock through the conversion of restricted stock units and HSKB Phantom Units.

On the same day, McGrane disposed of 343 shares at $10.90 to cover tax liabilities related to vesting restricted stock units, and 45 shares at $10.90 to cover tax liabilities related to vesting HSKB Phantom Units.

In other recent news, ZoomInfo Technologies has been the subject of several analyst updates following its second-quarter results. Jefferies raised its price target for ZoomInfo to $15 from $14, highlighting the company’s better-than-expected earnings and improved business fundamentals. Mizuho also increased its price target to $11 from $10, noting that ZoomInfo’s revenue of $307 million exceeded consensus expectations, although the operating margin slightly missed estimates. RBC Capital adjusted its target to $7 from $6 after ZoomInfo’s revenue surpassed consensus by approximately 3.5%. Piper Sandler raised its target to $12 from $11, observing positive growth and strong upmarket momentum. KeyBanc increased its price target to $9 from $7, maintaining an Underweight rating but acknowledging improved guidance cadence. These developments indicate a trend of cautious optimism among analysts regarding ZoomInfo’s financial performance and future prospects.

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