George Kaiser Family Foundation Reduces Stake in Zeta Global Holdings Corp. (NYSE:ZETA)

George Kaiser Family Foundation lessened its stake in shares of Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 37.1% in the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 103,695 shares of the company's stock after selling 61,054 shares during the quarter. Zeta Global accounts for about 0.5% of George Kaiser Family Foundation's investment portfolio, making the stock its 9th largest position. George Kaiser Family Foundation's holdings in Zeta Global were worth $3,093,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds and other institutional investors have also modified their holdings of the stock. Juncture Wealth Strategies LLC lifted its position in shares of Zeta Global by 3.1% during the 3rd quarter. Juncture Wealth Strategies LLC now owns 21,226 shares of the company's stock worth $633,000 after buying an additional 634 shares during the period. Essex Investment Management Co. LLC raised its position in Zeta Global by 0.3% in the 3rd 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 last quarter. Wolff Wiese Magana LLC bought a new position in Zeta Global in the 3rd quarter valued at $26,000. Amalgamated Bank raised its position in Zeta Global by 20.0% in the 2nd quarter. Amalgamated Bank now owns 5,691 shares of the company's stock valued at $100,000 after purchasing an additional 948 shares during the last quarter. Finally, Farther Finance Advisors LLC raised its position in Zeta Global by 3,885.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,395 shares of the company's stock valued at $42,000 after purchasing an additional 1,360 shares during the last quarter. Institutional investors own 75.82% of the company's stock.

Insider Buying and Selling at Zeta Global

In other news, CEO David Steinberg purchased 53,676 shares of the business's stock in a transaction dated Monday, November 18th. The shares were bought at an average cost of $19.24 per share, for a total transaction of $1,032,726.24. Following the completion of the acquisition, the chief executive officer now directly owns 65,310 shares in the company, valued at approximately $1,256,564.40. This trade represents a 461.37 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CFO Christopher E. Greiner purchased 7,975 shares of the business's stock in a transaction dated Monday, November 18th. The stock was purchased at an average price of $18.80 per share, for a total transaction of $149,930.00. Following the completion of the acquisition, the chief financial officer now owns 2,330,010 shares of the company's stock, valued at approximately $43,804,188. This represents a 0.34 % increase in their ownership of the stock. The disclosure for this purchase can be found here. Over the last ninety days, insiders acquired 129,901 shares of company stock valued at $2,471,244. Company insiders own 25.54% of the company's stock.

Wall Street Analysts Forecast Growth

ZETA has been the subject of several research analyst reports. Barclays lifted their price objective on Zeta Global from $28.00 to $32.00 and gave the company an "equal weight" rating in a research report on Wednesday, November 13th. B. Riley boosted their target price on Zeta Global from $30.00 to $37.00 and gave the stock a "buy" rating in a research report on Monday, September 30th. Morgan Stanley dropped their target price on Zeta Global from $41.00 to $26.00 and set an "equal weight" rating for the company in a research report on Friday. Bank of America boosted their target price on Zeta Global from $30.00 to $36.00 and gave the stock a "buy" rating in a research report on Thursday, September 26th. Finally, Oppenheimer boosted their target price on Zeta Global from $33.00 to $42.00 and gave the stock an "outperform" rating in a research report on Tuesday, November 12th. Three investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the stock. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $39.08.

Zeta Global Trading Up 12.6 %

NYSE:ZETA traded up $2.46 on Tuesday, reaching $22.04. The company's stock had a trading volume of 14,780,229 shares, compared to its average volume of 3,227,594. Zeta Global Holdings Corp. has a 1-year low of $7.65 and a 1-year high of $38.20. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.32 and a current ratio of 3.32. The firm has a market cap of $4.85 billion, a PE ratio of -31.49 and a beta of 1.29. The business's 50-day moving average price is $28.38 and its two-hundred day moving average price is $22.73.

Zeta Global (NYSE:ZETA - Get Free Report) last posted its earnings results on Monday, November 11th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.17 by ($0.26). Zeta Global had a negative net margin of 13.35% and a negative return on equity of 45.22%. The business had revenue of $268.30 million during the quarter, compared to analyst estimates of $252.68 million. During the same period in the previous year, the firm posted ($0.27) earnings per share. The firm's revenue was up 42.0% on a year-over-year basis. Equities research analysts anticipate that Zeta Global Holdings Corp. will post -0.45 earnings per share for the current fiscal year.

About Zeta Global

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.