Blair William & Co. IL Purchases 51,126 Shares of Zeta Global Holdings Corp. (NYSE:ZETA)

Blair William & Co. IL increased its stake in shares of Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 172.5% in the 4th quarter, according to its most recent 13F filing with the SEC. The firm owned 80,761 shares of the company's stock after buying an additional 51,126 shares during the period. Blair William & Co. IL's holdings in Zeta Global were worth $1,453,000 as of its most recent filing with the SEC.

Several other large investors have also recently bought and sold shares of the stock. Rakuten Securities Inc. bought a new position in Zeta Global during the 4th quarter worth $27,000. SBI Securities Co. Ltd. acquired a new stake in shares of Zeta Global during the 4th quarter worth $33,000. Heck Capital Advisors LLC bought a new position in shares of Zeta Global in the fourth quarter worth $66,000. IFP Advisors Inc acquired a new position in Zeta Global in the fourth quarter valued at about $72,000. Finally, Transcendent Capital Group LLC bought a new position in Zeta Global in the 4th quarter valued at about $87,000. 87.75% of the stock is owned by institutional investors.

Wall Street Analysts Forecast Growth

ZETA has been the topic of several analyst reports. The Goldman Sachs Group reduced their price target on shares of Zeta Global from $30.00 to $27.00 and set a "neutral" rating on the stock in a research report on Tuesday, March 4th. Barclays reduced their target price on Zeta Global from $32.00 to $18.00 and set an "equal weight" rating on the stock in a report on Thursday, February 27th. Needham & Company LLC reissued a "buy" rating and set a $43.00 price target on shares of Zeta Global in a report on Wednesday, February 26th. William Blair reaffirmed an "outperform" rating on shares of Zeta Global in a research note on Wednesday, February 26th. Finally, B. Riley reissued a "buy" rating and set a $44.00 target price on shares of Zeta Global in a research note on Wednesday, February 26th. Four research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat, Zeta Global has an average rating of "Moderate Buy" and a consensus target price of $36.86.

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Zeta Global Trading Down 7.6 %

ZETA traded down $1.00 during trading on Friday, reaching $12.16. 6,704,299 shares of the company's stock were exchanged, compared to its average volume of 5,045,859. The stock has a market capitalization of $2.89 billion, a PE ratio of -17.36, a price-to-earnings-growth ratio of 1.65 and a beta of 1.29. The firm has a fifty day moving average price of $17.48 and a two-hundred day moving average price of $21.80. The company has a current ratio of 3.32, a quick ratio of 3.32 and a debt-to-equity ratio of 0.41. Zeta Global Holdings Corp. has a one year low of $11.24 and a one year high of $38.20.

Zeta Global Profile

Zeta Global Holdings Corp. operates an omnichannel data-driven cloud platform that provides enterprises with consumer intelligence and marketing automation software in the United States and internationally. The company's Zeta Marketing Platform analyzes billions of structured and unstructured data points to predict consumer intent by leveraging sophisticated machine learning algorithms and the industry's opted-in data set for omnichannel marketing; and Consumer Data platform ingests, analyzes, and distills disparate data points to generate a single view of a consumer, encompassing identity, profile characteristics, behaviors, and purchase intent.