Stanley Laman Group Ltd. Makes New Investment in Zeta Global Holdings Corp. $ZETA

Stanley Laman Group Ltd. acquired a new stake in Zeta Global Holdings Corp. (NYSE:ZETA) during the third quarter, HoldingsChannel.com reports. The fund acquired 142,615 shares of the company’s stock, valued at approximately $2,834,000.

Several other institutional investors have also modified their holdings of ZETA. Golden State Wealth Management LLC grew its stake in shares of Zeta Global by 2,000.0% during the second quarter. Golden State Wealth Management LLC now owns 1,680 shares of the company’s stock worth $26,000 after purchasing an additional 1,600 shares in the last quarter. Quarry LP lifted its holdings in Zeta Global by 963.9% during the 1st quarter. Quarry LP now owns 2,181 shares of the company’s stock worth $30,000 after buying an additional 1,976 shares during the last quarter. Farther Finance Advisors LLC boosted its position in shares of Zeta Global by 124.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,842 shares of the company’s stock worth $37,000 after acquiring an additional 1,023 shares in the last quarter. Traub Capital Management LLC acquired a new position in shares of Zeta Global during the 2nd quarter worth about $50,000. Finally, SBI Securities Co. Ltd. increased its holdings in shares of Zeta Global by 58.3% in the 2nd quarter. SBI Securities Co. Ltd. now owns 3,368 shares of the company’s stock valued at $52,000 after acquiring an additional 1,241 shares during the last quarter. 87.75% of the stock is owned by hedge funds and other institutional investors.

Zeta Global Stock Performance

Shares of Zeta Global stock opened at $19.91 on Monday. The firm’s fifty day simple moving average is $18.59 and its 200-day simple moving average is $18.16. Zeta Global Holdings Corp. has a 12 month low of $10.69 and a 12 month high of $26.60. The stock has a market capitalization of $4.79 billion, a price-to-earnings ratio of -165.89, a PEG ratio of 2.11 and a beta of 1.26. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.01 and a quick ratio of 3.01.

Wall Street Analyst Weigh In

Several equities research analysts recently weighed in on ZETA shares. B. Riley boosted their target price on Zeta Global from $29.00 to $30.00 and gave the stock a “buy” rating in a research note on Tuesday, November 25th. Weiss Ratings restated a “sell (d-)” rating on shares of Zeta Global in a report on Wednesday, October 8th. William Blair reaffirmed an “outperform” rating on shares of Zeta Global in a research report on Monday, November 24th. UBS Group set a $29.00 price target on shares of Zeta Global in a research report on Tuesday, November 25th. Finally, Canaccord Genuity Group raised their price objective on Zeta Global from $28.00 to $30.00 and gave the stock a “buy” rating in a report on Wednesday, October 1st. Nine equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Zeta Global has a consensus rating of “Moderate Buy” and a consensus target price of $27.25.

Insider Activity at Zeta Global

In other news, Director Jeanine Silberblatt sold 12,990 shares of the stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $19.34, for a total transaction of $251,226.60. Following the completion of the sale, the director owned 57,850 shares in the company, valued at approximately $1,118,819. This represents a 18.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Insiders own 13.02% of the company’s stock.

Zeta Global Profile

Zeta Global, founded in 2007 and headquartered in New York City, is a leading data-driven marketing technology company. The firm’s mission centers on helping brands acquire, grow and retain customers through a unified customer lifecycle management platform. Over the years, Zeta Global has built a reputation for leveraging big data and predictive analytics to power digital marketing programs across multiple channels.

At the core of Zeta’s offering is the Zeta Marketing Platform, which combines identity resolution, audience insights and real-time engagement capabilities.