Zeta Global Holdings Corp. (NYSE:ZETA) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Zeta Global Holdings Corp. (NYSE:ZETA) have been assigned an average recommendation of “Moderate Buy” from the thirteen analysts that are currently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, three have issued a hold rating and nine have assigned a buy rating to the company. The average 1 year price target among analysts that have covered the stock in the last year is $29.00.

A number of research analysts have commented on the stock. Wall Street Zen downgraded shares of Zeta Global from a “buy” rating to a “hold” rating in a research report on Saturday. William Blair reiterated an “outperform” rating on shares of Zeta Global in a research note on Monday, November 24th. Bank of America boosted their price objective on shares of Zeta Global from $28.00 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, January 21st. Finally, UBS Group set a $29.00 price target on Zeta Global in a report on Tuesday, November 25th.

Insider Transactions at Zeta Global

In other Zeta Global news, Director Jeanine Silberblatt sold 12,990 shares of the business’s stock in a transaction dated Friday, December 12th. The shares were sold at an average price of $19.34, for a total value of $251,226.60. Following the completion of the transaction, the director directly owned 57,850 shares in the company, valued at approximately $1,118,819. The trade was a 18.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. 13.02% of the stock is owned by company insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently modified their holdings of the company. Advisors Asset Management Inc. raised its stake in shares of Zeta Global by 34.2% during the 1st quarter. Advisors Asset Management Inc. now owns 4,579 shares of the company’s stock worth $62,000 after acquiring an additional 1,168 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Zeta Global by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 106,371 shares of the company’s stock worth $1,442,000 after purchasing an additional 4,631 shares during the last quarter. Caxton Associates LLP acquired a new position in shares of Zeta Global during the first quarter worth $205,000. Woodline Partners LP purchased a new stake in shares of Zeta Global during the 1st quarter valued at $222,000. Finally, Strs Ohio purchased a new stake in shares of Zeta Global during the 1st quarter valued at $117,000. Hedge funds and other institutional investors own 87.75% of the company’s stock.

Zeta Global Stock Performance

ZETA stock opened at $18.02 on Wednesday. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.60 and a quick ratio of 1.60. The business has a 50-day moving average price of $19.17 and a 200 day moving average price of $19.06. The company has a market capitalization of $4.34 billion, a P/E ratio of -120.13, a PEG ratio of 2.04 and a beta of 1.28. Zeta Global has a 1-year low of $10.69 and a 1-year high of $24.90.

Zeta Global Company 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.