Zeta Global Holdings Corp. (NYSE:ZETA) Shares Sold by Calamos Advisors LLC

Calamos Advisors LLC lowered its position in Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 79.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 34,222 shares of the company's stock after selling 129,970 shares during the quarter. Calamos Advisors LLC's holdings in Zeta Global were worth $616,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the company. Juncture Wealth Strategies LLC grew its position in Zeta Global by 3.1% in the 3rd quarter. Juncture Wealth Strategies LLC now owns 21,226 shares of the company's stock valued at $633,000 after acquiring an additional 634 shares during the last quarter. Essex Investment Management Co. LLC boosted its stake in shares of Zeta Global by 0.3% during the third quarter. Essex Investment Management Co. LLC now owns 306,305 shares of the company's stock valued at $9,137,000 after purchasing an additional 856 shares during the period. Wolff Wiese Magana LLC bought a new position in shares of Zeta Global in the third quarter worth about $26,000. HighTower Advisors LLC increased its stake in Zeta Global by 4.2% in the 3rd quarter. HighTower Advisors LLC now owns 22,383 shares of the company's stock worth $668,000 after buying an additional 892 shares during the period. Finally, Advisors Asset Management Inc. lifted its holdings in Zeta Global by 104.1% during the 3rd quarter. Advisors Asset Management Inc. now owns 2,227 shares of the company's stock valued at $66,000 after buying an additional 1,136 shares in the last quarter. Hedge funds and other institutional investors own 87.75% of the company's stock.

Zeta Global Trading Up 1.3 %

NYSE ZETA traded up $0.28 during trading on Friday, hitting $21.24. The company's stock had a trading volume of 6,944,709 shares, compared to its average volume of 3,839,328. Zeta Global Holdings Corp. has a fifty-two week low of $9.35 and a fifty-two week high of $38.20. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.32 and a quick ratio of 3.32. The business's 50 day simple moving average is $19.68 and its 200-day simple moving average is $23.83.

Zeta Global (NYSE:ZETA - Get Free Report) last released its earnings results on Monday, November 11th. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.26). The company had revenue of $268.30 million for the quarter, compared to analysts' expectations of $252.68 million. Zeta Global had a negative return on equity of 45.22% and a negative net margin of 13.35%. The firm's revenue for the quarter was up 42.0% on a year-over-year basis. During the same period in the prior year, the firm posted ($0.27) EPS. On average, analysts anticipate that Zeta Global Holdings Corp. will post -0.16 EPS for the current year.

Analyst Ratings Changes

ZETA has been the topic of several research analyst reports. Morgan Stanley dropped their price objective on Zeta Global from $26.00 to $23.00 and set an "equal weight" rating on the stock in a research note on Monday, January 13th. Royal Bank of Canada dropped their price target on Zeta Global from $43.00 to $40.00 and set an "outperform" rating on the stock in a research report on Friday, January 3rd. Canaccord Genuity Group lifted their price objective on Zeta Global from $24.00 to $28.00 and gave the company a "buy" rating in a report on Wednesday, November 20th. Needham & Company LLC reissued a "buy" rating and set a $43.00 target price on shares of Zeta Global in a research report on Thursday, January 16th. Finally, KeyCorp cut shares of Zeta Global from an "overweight" rating to a "sector weight" rating in a research report on Thursday, November 14th. Four research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company's stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $37.43.

Insider Buying and Selling

In other Zeta Global news, COO Steven H. Gerber acquired 13,250 shares of the business's stock in a transaction dated Monday, November 18th. The shares were purchased at an average price of $18.55 per share, for a total transaction of $245,787.50. Following the completion of the purchase, the chief operating officer now directly owns 2,940,811 shares of the company's stock, valued at $54,552,044.05. The trade was a 0.45 % increase in their ownership of the stock. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, CFO Christopher E. Greiner bought 7,975 shares of the firm's stock in a transaction that occurred on Monday, November 18th. The shares were acquired at an average price of $18.80 per share, with a total value of $149,930.00. Following the completion of the transaction, the chief financial officer now directly owns 2,330,010 shares of the company's stock, valued at $43,804,188. This trade represents a 0.34 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Insiders bought 129,901 shares of company stock worth $2,471,244 in the last 90 days. Insiders own 25.54% of the company's stock.

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.