ExodusPoint Capital Management LP Invests $1.09 Million in Zeta Global Holdings Corp. (NYSE:ZETA)

ExodusPoint Capital Management LP bought a new position in Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) in the fourth quarter, according to its most recent disclosure with the SEC. The firm bought 60,594 shares of the company's stock, valued at approximately $1,090,000.

Several other institutional investors have also modified their holdings of ZETA. HighTower Advisors LLC lifted its holdings in Zeta Global by 4.2% in the third quarter. HighTower Advisors LLC now owns 22,383 shares of the company's stock valued at $668,000 after acquiring an additional 892 shares during the last quarter. State Street Corp lifted its stake in shares of Zeta Global by 12.2% in the 3rd quarter. State Street Corp now owns 4,187,052 shares of the company's stock valued at $124,900,000 after purchasing an additional 455,944 shares during the last quarter. National Bank of Canada FI purchased a new position in shares of Zeta Global during the 3rd quarter worth $734,000. Barclays PLC increased its position in shares of Zeta Global by 36.4% during the 3rd quarter. Barclays PLC now owns 420,518 shares of the company's stock worth $12,544,000 after purchasing an additional 112,238 shares during the last quarter. Finally, Geode Capital Management LLC increased its position in shares of Zeta Global by 18.8% during the 3rd quarter. Geode Capital Management LLC now owns 4,266,679 shares of the company's stock worth $127,302,000 after purchasing an additional 674,192 shares during the last quarter. Hedge funds and other institutional investors own 87.75% of the company's stock.

Wall Street Analysts Forecast Growth

ZETA has been the subject of several research analyst reports. William Blair reaffirmed an "outperform" rating on shares of Zeta Global in a research note on Wednesday, February 26th. Needham & Company LLC reiterated a "buy" rating and issued a $43.00 target price on shares of Zeta Global in a report on Wednesday, February 26th. Barclays decreased their price target on Zeta Global from $32.00 to $18.00 and set an "equal weight" rating on the stock in a research note on Thursday, February 27th. Morgan Stanley lifted their price objective on Zeta Global from $23.00 to $25.00 and gave the company an "equal weight" rating in a research note on Wednesday, February 26th. Finally, DA Davidson decreased their target price on Zeta Global from $42.00 to $25.00 and set a "buy" rating on the stock in a research note on Monday. 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 stock. According to MarketBeat.com, the stock currently has an average rating of "Moderate Buy" and a consensus target price of $35.64.

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Zeta Global Stock Down 1.2 %

NYSE:ZETA traded down $0.14 during mid-day trading on Tuesday, hitting $11.77. The stock had a trading volume of 1,028,834 shares, compared to its average volume of 5,148,287. 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 twelve month low of $10.93 and a twelve month high of $38.20. The company has a market capitalization of $2.80 billion, a PE ratio of -16.81, a PEG ratio of 1.65 and a beta of 1.29. The stock has a 50-day simple moving average of $16.47 and a two-hundred day simple moving average of $20.88.

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.