State of New Jersey Common Pension Fund D Takes $2.31 Million Position in Zeta Global Holdings Corp. $ZETA

State of New Jersey Common Pension Fund D acquired a new position in shares of Zeta Global Holdings Corp. (NYSE:ZETA) in the 3rd quarter, according to its most recent 13F filing with the SEC. The fund acquired 116,297 shares of the company’s stock, valued at approximately $2,311,000.

A number of other institutional investors and hedge funds have also recently bought and sold shares of ZETA. Golden State Wealth Management LLC grew its holdings in Zeta Global by 2,000.0% during the 2nd quarter. Golden State Wealth Management LLC now owns 1,680 shares of the company’s stock valued at $26,000 after buying an additional 1,600 shares during the last quarter. Farther Finance Advisors LLC boosted its stake in shares of Zeta Global by 124.9% during the third quarter. Farther Finance Advisors LLC now owns 1,842 shares of the company’s stock valued at $37,000 after acquiring an additional 1,023 shares during the last quarter. Game Plan Financial Advisors LLC purchased a new stake in Zeta Global during the 3rd quarter worth about $55,000. Traub Capital Management LLC purchased a new stake in Zeta Global during the 2nd quarter worth about $50,000. Finally, SBI Securities Co. Ltd. raised its stake in 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 purchasing an additional 1,241 shares during the last quarter. Hedge funds and other institutional investors own 87.75% of the company’s stock.

Analysts Set New Price Targets

ZETA has been the topic of several analyst reports. The Goldman Sachs Group raised their price target on shares of Zeta Global from $23.00 to $26.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 28th. Morgan Stanley upped their price objective on shares of Zeta Global from $23.00 to $27.00 and gave the company an “equal weight” rating in a research note on Thursday, January 15th. B. Riley Financial lifted their target price on shares of Zeta Global from $29.00 to $30.00 and gave the stock a “buy” rating in a research note on Tuesday, November 25th. Needham & Company LLC reiterated a “buy” rating on shares of Zeta Global in a report on Tuesday, November 25th. Finally, Wall Street Zen upgraded Zeta Global from a “hold” rating to a “buy” rating in a report on Saturday, February 14th. 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, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $28.00.

Zeta Global Stock Performance

NYSE:ZETA opened at $16.34 on Monday. The company has a market cap of $3.93 billion, a P/E ratio of -136.11, a P/E/G ratio of 1.68 and a beta of 1.26. The firm’s 50 day moving average is $19.28 and its two-hundred day moving average is $19.13. Zeta Global Holdings Corp. has a fifty-two week low of $10.69 and a fifty-two week high of $24.90. The company has a quick ratio of 3.01, a current ratio of 3.01 and a debt-to-equity ratio of 0.29.

Insider Buying and Selling at Zeta Global

In related news, Director Jeanine Silberblatt sold 12,990 shares of the stock in a transaction on Friday, December 12th. The stock was sold at an average price of $19.34, for a total value of $251,226.60. Following the transaction, the director directly owned 57,850 shares of the company’s stock, valued at approximately $1,118,819. This trade represents a 18.34% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Company insiders own 13.02% of the company’s stock.

About Zeta Global

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.