Blue Jean Financial LLC purchased a new stake in Zeta Global Holdings Corp. (NYSE:ZETA – Free Report) during the fourth quarter, according to its most recent filing with the SEC. The fund purchased 125,518 shares of the company’s stock, valued at approximately $2,554,000. Zeta Global comprises about 2.1% of Blue Jean Financial LLC’s portfolio, making the stock its 11th largest holding. Blue Jean Financial LLC owned approximately 0.05% of Zeta Global as of its most recent SEC filing.
A number of other institutional investors and hedge funds also recently bought and sold shares of ZETA. Advisors Asset Management Inc. increased its holdings in shares of Zeta Global by 34.2% in the 1st quarter. Advisors Asset Management Inc. now owns 4,579 shares of the company’s stock worth $62,000 after buying an additional 1,168 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its holdings in shares of Zeta Global by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 106,371 shares of the company’s stock worth $1,442,000 after buying an additional 4,631 shares during the last quarter. Caxton Associates LLP bought a new stake in shares of Zeta Global in the 1st quarter worth about $205,000. Woodline Partners LP bought a new stake in shares of Zeta Global in the 1st quarter worth about $222,000. Finally, Strs Ohio bought a new stake in shares of Zeta Global in the 1st quarter worth about $117,000. 87.75% of the stock is currently owned by institutional investors.
Wall Street Analysts Forecast Growth
ZETA has been the topic of a number of research reports. B. Riley Financial restated a “buy” rating on shares of Zeta Global in a report on Friday, May 1st. DA Davidson upped their price target on shares of Zeta Global from $29.00 to $30.00 and gave the company a “buy” rating in a report on Thursday, February 26th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Zeta Global in a report on Monday, April 20th. Bank of America started coverage on shares of Zeta Global in a research report on Tuesday, May 19th. They issued a “buy” rating and a $24.00 price objective for the company. Finally, Wall Street Zen cut shares of Zeta Global from a “buy” rating to a “hold” rating in a research report on Saturday, May 30th. Ten equities research analysts have rated the stock with a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of $27.83.
Zeta Global Price Performance
Zeta Global stock opened at $20.18 on Friday. The stock has a market cap of $5.03 billion, a price-to-earnings ratio of -183.46, a price-to-earnings-growth ratio of 3.15 and a beta of 1.34. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.07 and a quick ratio of 2.07. Zeta Global Holdings Corp. has a 1 year low of $12.10 and a 1 year high of $25.95. The firm has a 50-day moving average of $18.45 and a two-hundred day moving average of $18.51.
Insider Transactions at Zeta Global
In other Zeta Global news, Director Jeanine Silberblatt sold 7,500 shares of the business’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $19.89, for a total value of $149,175.00. Following the completion of the sale, the director directly owned 50,350 shares of the company’s stock, valued at $1,001,461.50. The trade was a 12.96% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 10.74% of the stock is currently owned by company insiders.
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.
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