19,715 Shares in Zeta Global Holdings Corp. (NYSE:ZETA) Acquired by Janney Capital Management LLC

Janney Capital Management LLC acquired a new stake in shares of Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 19,715 shares of the company's stock, valued at approximately $355,000.

Other institutional investors have also modified their holdings of the company. Amalgamated Bank increased its stake in shares of 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 in the last quarter. XTX Topco Ltd purchased a new position in shares of Zeta Global in the 2nd quarter valued at about $435,000. Public Employees Retirement Association of Colorado purchased a new position in shares of Zeta Global in the 2nd quarter valued at about $303,000. Canada Pension Plan Investment Board acquired a new stake in Zeta Global in the 2nd quarter worth about $9,783,000. Finally, Sei Investments Co. boosted its holdings in Zeta Global by 133.1% in the 2nd quarter. Sei Investments Co. now owns 320,810 shares of the company's stock worth $5,662,000 after buying an additional 183,190 shares during the last quarter. Hedge funds and other institutional investors own 87.75% of the company's stock.

Insider Transactions at Zeta Global

In related news, CEO David Steinberg acquired 53,676 shares of the firm's stock in a transaction on Monday, November 18th. The stock was bought at an average price of $19.24 per share, for a total transaction of $1,032,726.24. Following the completion of the purchase, the chief executive officer now directly owns 65,310 shares of the company's stock, valued at approximately $1,256,564.40. The trade was a 461.37 % increase in their position. The transaction was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, Director Imran Khan bought 55,000 shares of the firm's stock in a transaction dated Monday, November 18th. The shares were acquired at an average price of $18.96 per share, with a total value of $1,042,800.00. Following the purchase, the director now directly owns 55,000 shares of the company's stock, valued at approximately $1,042,800. This trade represents a ∞ increase in their position. The disclosure for this purchase can be found here. Over the last 90 days, insiders have purchased 129,901 shares of company stock valued at $2,471,244. 25.54% of the stock is currently owned by company insiders.

Zeta Global Trading Down 0.7 %

NYSE ZETA traded down $0.14 on Thursday, reaching $18.74. The stock had a trading volume of 3,329,936 shares, compared to its average volume of 4,296,271. The firm has a market capitalization of $4.45 billion, a price-to-earnings ratio of -26.78, a P/E/G ratio of 1.40 and a beta of 1.17. The company has a quick ratio of 3.32, a current ratio of 3.32 and a debt-to-equity ratio of 0.41. Zeta Global Holdings Corp. has a 12-month low of $9.35 and a 12-month high of $38.20. The stock has a fifty day moving average price of $20.12 and a two-hundred day moving average price of $23.81.

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

Analysts Set New Price Targets

Several equities research analysts recently issued reports on the company. Oppenheimer lifted their price objective on Zeta Global from $33.00 to $42.00 and gave the stock an "outperform" rating in a report on Tuesday, November 12th. Royal Bank of Canada lowered their price objective on Zeta Global from $43.00 to $40.00 and set an "outperform" rating on the stock in a report on Friday, January 3rd. Bank of America lifted their price objective on Zeta Global from $30.00 to $36.00 and gave the stock a "buy" rating in a report on Thursday, September 26th. B. Riley boosted their target price on Zeta Global from $30.00 to $37.00 and gave the stock a "buy" rating in a report on Monday, September 30th. Finally, Barclays boosted their target price on Zeta Global from $28.00 to $32.00 and gave the stock an "equal weight" rating in a report on Wednesday, November 13th. Four analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company's stock. Based on data from MarketBeat.com, the stock currently has a consensus rating of "Moderate Buy" and a consensus target price of $37.43.

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.