Qsemble Capital Management LP Buys Shares of 58,718 Zeta Global Holdings Corp. (NYSE:ZETA)

Qsemble Capital Management LP bought a new stake in Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) in the 3rd quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor bought 58,718 shares of the company's stock, valued at approximately $1,752,000.

A number of other large investors have also added to or reduced their stakes in ZETA. Harvest Fund Management Co. Ltd lifted its holdings in Zeta Global by 26.8% in the 3rd quarter. Harvest Fund Management Co. Ltd now owns 23,876 shares of the company's stock worth $712,000 after buying an additional 5,039 shares in the last quarter. Alpha DNA Investment Management LLC acquired a new position in shares of Zeta Global in the third quarter worth about $472,000. Penserra Capital Management LLC lifted its stake in shares of Zeta Global by 161.2% in the third quarter. Penserra Capital Management LLC now owns 32,798 shares of the company's stock worth $978,000 after acquiring an additional 20,239 shares in the last quarter. Citigroup Inc. boosted its holdings in Zeta Global by 139.5% in the third quarter. Citigroup Inc. now owns 151,439 shares of the company's stock valued at $4,517,000 after purchasing an additional 88,205 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its stake in Zeta Global by 31.1% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,742,555 shares of the company's stock valued at $51,980,000 after purchasing an additional 413,577 shares in the last quarter. 75.82% of the stock is owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts recently issued reports on the stock. DA Davidson lifted their price target on shares of Zeta Global from $39.00 to $42.00 and gave the stock a "buy" rating in a research note on Tuesday, November 12th. B. Riley increased their price target on shares of Zeta Global from $30.00 to $37.00 and gave the stock a "buy" rating in a research report on Monday, September 30th. Royal Bank of Canada boosted their price objective on Zeta Global from $33.00 to $37.00 and gave the company an "overweight" rating in a report on Monday, November 11th. Craig Hallum increased their target price on Zeta Global from $37.00 to $45.00 and gave the stock a "buy" rating in a report on Tuesday, November 12th. Finally, Roth Mkm boosted their price target on Zeta Global from $33.00 to $44.00 and gave the company a "buy" rating in a report on Tuesday, October 1st. Three 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 company's stock. Based on data from MarketBeat, the company currently has an average rating of "Moderate Buy" and a consensus price target of $38.00.

Insider Buying and Selling

In related news, CEO David Steinberg acquired 53,676 shares of the business'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 transaction, the chief executive officer now 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 ownership of the stock. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CFO Christopher E. Greiner acquired 7,975 shares of Zeta Global stock in a transaction dated Monday, November 18th. The shares were bought at an average cost of $18.80 per share, with a total value of $149,930.00. Following the completion of the purchase, the chief financial officer now owns 2,330,010 shares in the company, 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. Insiders have bought a total of 129,901 shares of company stock valued at $2,471,244 over the last three months. Company insiders own 25.54% of the company's stock.

Zeta Global Price Performance

Shares of NYSE:ZETA traded down $1.25 during trading on Tuesday, reaching $20.02. The company had a trading volume of 9,746,301 shares, compared to its average volume of 3,455,149. Zeta Global Holdings Corp. has a twelve month low of $7.65 and a twelve month 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 capitalization of $4.75 billion, a PE ratio of -28.63 and a beta of 1.29. The firm's fifty day moving average is $28.00 and its 200 day moving average is $22.93.

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 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 firm had revenue of $268.30 million during the quarter, compared to analyst estimates of $252.68 million. During the same quarter last year, the company earned ($0.27) earnings per share. The business's revenue for the quarter was up 42.0% on a year-over-year basis. On average, equities analysts forecast that Zeta Global Holdings Corp. will post -0.16 EPS for the current year.

Zeta Global Company 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.