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

Zeta Global Holdings Corp. (NYSE:ZETA) has received an average recommendation of “Moderate Buy” from the fifteen analysts that are presently covering the firm, Marketbeat Ratings reports. One research analyst has rated the stock with a sell rating, three have assigned a hold rating, ten have given a buy rating and one has issued a strong buy rating on the company. The average 12 month price objective among brokerages that have issued a report on the stock in the last year is $28.3333.

Several research analysts have recently issued reports on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Zeta Global in a research note on Monday, April 20th. Bank of America increased their price objective on shares of Zeta Global from $24.00 to $28.00 and gave the company a “buy” rating in a report on Wednesday, June 24th. DA Davidson reaffirmed a “buy” rating and set a $30.00 target price on shares of Zeta Global in a report on Wednesday, June 24th. The Goldman Sachs Group set a $28.00 price target on Zeta Global and gave the company a “neutral” rating in a research note on Wednesday, June 24th. Finally, KeyCorp raised Zeta Global from a “sector weight” rating to an “overweight” rating and set a $22.00 target price on the stock in a research report on Tuesday, April 28th.

Zeta Global Price Performance

NYSE:ZETA traded down $0.42 during mid-day trading on Tuesday, reaching $21.50. 6,531,921 shares of the company were exchanged, compared to its average volume of 8,775,645. The company has a quick ratio of 2.07, a current ratio of 2.07 and a debt-to-equity ratio of 0.22. The stock has a market cap of $5.36 billion, a PE ratio of -195.46, a PEG ratio of 3.18 and a beta of 1.37. Zeta Global has a 12 month low of $13.74 and a 12 month high of $25.95. The company has a fifty day moving average of $19.73 and a 200 day moving average of $18.74.

Insider Transactions at Zeta Global

In other news, Director Jeanine Silberblatt sold 7,500 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The stock was 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. This trade represents a 12.96% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link. Company insiders own 10.74% of the company’s stock.

Hedge Funds Weigh In On Zeta Global

Hedge funds have recently bought and sold shares of the business. Cornerstone Planning Group LLC lifted its position in shares of Zeta Global by 3,150.0% during the 4th quarter. Cornerstone Planning Group LLC now owns 1,300 shares of the company’s stock worth $26,000 after buying an additional 1,260 shares during the last quarter. DV Equities LLC bought a new position in shares of Zeta Global in the fourth quarter worth about $29,000. Binnacle Investments Inc acquired a new stake in shares of Zeta Global in the 3rd quarter valued at approximately $30,000. United Community Bank acquired a new stake in shares of Zeta Global in the 4th quarter valued at approximately $31,000. Finally, EverSource Wealth Advisors LLC grew its holdings in shares of Zeta Global by 204.1% during the 1st quarter. EverSource Wealth Advisors LLC now owns 2,095 shares of the company’s stock valued at $33,000 after purchasing an additional 1,406 shares during the last quarter. 87.75% of the stock is owned by institutional investors.

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.