Zeta Global Holdings Corp. (NYSE:ZETA) Shares Sold by Trek Financial LLC

Trek Financial LLC trimmed its holdings in shares of Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 82.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 17,985 shares of the company's stock after selling 82,483 shares during the quarter. Trek Financial LLC's holdings in Zeta Global were worth $324,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other hedge funds have also recently modified their holdings of the stock. HighTower Advisors LLC increased its position in shares of Zeta Global by 4.2% in the 3rd 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 period. State Street Corp grew its stake in Zeta Global by 12.2% during 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 acquired a new position in shares of Zeta Global in the third quarter valued at about $734,000. Barclays PLC raised its stake in shares of Zeta Global by 36.4% in the third 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 lifted its holdings in shares of Zeta Global by 18.8% during the third 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 period. Institutional investors and hedge funds own 87.75% of the company's stock.

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Zeta Global Price Performance

NYSE ZETA traded up $0.36 on Friday, hitting $12.07. The company had a trading volume of 3,395,809 shares, compared to its average volume of 5,172,791. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.32 and a quick ratio of 3.32. The company's fifty day moving average price is $16.61 and its 200-day moving average price is $21.00. The company has a market capitalization of $2.87 billion, a PE ratio of -17.24, a PEG ratio of 1.65 and a beta of 1.29. Zeta Global Holdings Corp. has a 12-month low of $10.93 and a 12-month high of $38.20.

Analyst Upgrades and Downgrades

Several brokerages recently weighed in on ZETA. The Goldman Sachs Group cut their price target on shares of Zeta Global from $30.00 to $27.00 and set a "neutral" rating on the stock in a report on Tuesday, March 4th. Canaccord Genuity Group reissued a "buy" rating and set a $28.00 target price on shares of Zeta Global in a report on Wednesday, February 26th. Morgan Stanley boosted their target price on shares of Zeta Global from $23.00 to $25.00 and gave the company an "equal weight" rating in a research report on Wednesday, February 26th. 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 research report on Friday, January 3rd. Finally, William Blair reissued an "outperform" rating on shares of Zeta Global in a report on Wednesday, February 26th. Four investment 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.com, the company presently has an average rating of "Moderate Buy" and a consensus price target of $36.86.

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.