Moody National Bank Trust Division Has $760,000 Stake in Zeta Global Holdings Corp. (NYSE:ZETA)

Moody National Bank Trust Division decreased its position in Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 72.0% in the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor owned 42,247 shares of the company's stock after selling 108,715 shares during the quarter. Moody National Bank Trust Division's holdings in Zeta Global were worth $760,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in the company. Juncture Wealth Strategies LLC boosted its stake in Zeta Global by 3.1% in the third 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 period. Essex Investment Management Co. LLC boosted its position in Zeta Global by 0.3% during 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 period. Wolff Wiese Magana LLC bought a new position in Zeta Global during the 3rd quarter worth $26,000. HighTower Advisors LLC grew its stake in Zeta Global by 4.2% during 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 last quarter. Finally, Amalgamated Bank lifted its stake in Zeta Global by 20.0% in the second quarter. Amalgamated Bank now owns 5,691 shares of the company's stock valued at $100,000 after buying an additional 948 shares during the last quarter. 87.75% of the stock is currently owned by institutional investors.

Analyst Ratings Changes

Several analysts recently weighed in on ZETA shares. Craig Hallum lifted their price objective on shares of Zeta Global from $37.00 to $45.00 and gave the company a "buy" rating in a research report on Tuesday, November 12th. Royal Bank of Canada cut their price target on Zeta Global from $43.00 to $40.00 and set an "outperform" rating on the stock in a report on Friday, January 3rd. Needham & Company LLC reissued a "buy" rating and issued a $43.00 price objective on shares of Zeta Global in a report on Tuesday, December 10th. Morgan Stanley cut their target price on Zeta Global from $26.00 to $23.00 and set an "equal weight" rating on the stock in a research note on Monday. Finally, Canaccord Genuity Group increased their price target on Zeta Global from $24.00 to $28.00 and gave the stock a "buy" rating in a research note on Wednesday, November 20th. Four investment 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 data from MarketBeat, the company has an average rating of "Moderate Buy" and a consensus target price of $37.43.

Zeta Global Stock Up 4.4 %

Shares of NYSE ZETA traded up $0.75 during mid-day trading on Wednesday, reaching $17.95. The company had a trading volume of 5,096,804 shares, compared to its average volume of 4,305,355. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.32 and a current ratio of 3.32. Zeta Global Holdings Corp. has a twelve month low of $8.76 and a twelve month high of $38.20. The stock's 50 day moving average is $21.54 and its 200-day moving average is $23.85. The stock has a market capitalization of $4.26 billion, a PE ratio of -25.64 and a beta of 1.17.

Zeta Global (NYSE:ZETA - Get Free Report) last issued 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 firm had revenue of $268.30 million during the quarter, compared to analyst estimates of $252.68 million. Zeta Global had a negative return on equity of 45.22% and a negative net margin of 13.35%. The business's revenue for the quarter was up 42.0% on a year-over-year basis. During the same period in the previous year, the company earned ($0.27) earnings per share. As a group, equities analysts anticipate that Zeta Global Holdings Corp. will post -0.16 earnings per share for the current fiscal year.

Insider Buying and Selling at Zeta Global

In related news, CEO David Steinberg purchased 53,676 shares of the firm's stock in a transaction dated 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 purchase, the chief executive officer now owns 65,310 shares in the company, valued at $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 can be accessed through this link. Also, CFO Christopher E. Greiner acquired 7,975 shares of the business's stock in a transaction that occurred on Monday, November 18th. The stock was bought at an average cost of $18.80 per share, for a total transaction of $149,930.00. Following the completion of the purchase, the chief financial officer now directly owns 2,330,010 shares in the company, valued at $43,804,188. This represents a 0.34 % increase in their position. The disclosure for this purchase can be found here. Insiders acquired 129,901 shares of company stock worth $2,471,244 over the last ninety days. 25.54% of the stock is currently owned by insiders.

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.