Christopher E. Greiner Acquires 7,975 Shares of Zeta Global Holdings Corp. (NYSE:ZETA) Stock

Zeta Global Holdings Corp. (NYSE:ZETA - Get Free Report) CFO Christopher E. Greiner purchased 7,975 shares of the company's stock in a transaction that occurred on Monday, November 18th. The shares were acquired 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 of the company's stock, valued at $43,804,188. The trade was a 0.34 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which is available at the SEC website.

Zeta Global Stock Performance

Shares of ZETA traded up $2.00 during mid-day trading on Monday, reaching $19.58. The company's stock had a trading volume of 18,988,880 shares, compared to its average volume of 3,175,950. The company has a current ratio of 3.32, a quick ratio of 3.32 and a debt-to-equity ratio of 0.41. The stock has a market cap of $4.31 billion, a P/E ratio of -27.97 and a beta of 1.29. Zeta Global Holdings Corp. has a 1-year low of $7.65 and a 1-year high of $38.20. The business has a 50-day simple moving average of $28.44 and a two-hundred day simple moving average of $22.67.

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 the consensus estimate 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 for the quarter, compared to the consensus estimate of $252.68 million. During the same quarter in the previous year, the business earned ($0.27) EPS. The firm's quarterly revenue was up 42.0% on a year-over-year basis. As a group, equities research analysts anticipate that Zeta Global Holdings Corp. will post -0.45 earnings per share for the current fiscal year.

Analysts Set New Price Targets

ZETA has been the subject of several analyst reports. Canaccord Genuity Group boosted their target price on Zeta Global from $35.00 to $42.00 and gave the stock a "buy" rating in a research report on Tuesday, November 12th. Craig Hallum increased their target price on shares of Zeta Global from $37.00 to $45.00 and gave the stock a "buy" rating in a report on Tuesday, November 12th. Truist Financial restated a "buy" rating and issued a $42.00 price objective (up previously from $35.00) on shares of Zeta Global in a research report on Tuesday, November 12th. Royal Bank of Canada boosted their target price on Zeta Global from $33.00 to $37.00 and gave the company an "overweight" rating in a research note on Monday, November 11th. Finally, KeyCorp cut Zeta Global from an "overweight" rating to a "sector weight" rating in a report on Thursday. Three equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. According to data from MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $39.08.

Institutional Investors Weigh In On Zeta Global

A number of large investors have recently added to or reduced their stakes in ZETA. Wolff Wiese Magana LLC acquired a new stake in shares of Zeta Global during the 3rd quarter worth $26,000. Quest Partners LLC raised its position in shares of Zeta Global by 1,718.9% in the 2nd quarter. Quest Partners LLC now owns 2,310 shares of the company's stock valued at $41,000 after buying an additional 2,183 shares in the last quarter. Farther Finance Advisors LLC increased its stake in Zeta Global by 3,885.7% in the third quarter. Farther Finance Advisors LLC now owns 1,395 shares of the company's stock valued at $42,000 after acquiring an additional 1,360 shares during the last quarter. Covestor Ltd boosted its holdings in shares of Zeta Global by 2,902.0% in the 3rd quarter. Covestor Ltd now owns 1,501 shares of the company's stock valued at $45,000 after purchasing an additional 1,451 shares in the last quarter. Finally, Advisors Asset Management Inc. lifted its position in shares of Zeta Global by 104.1% during the 3rd quarter. Advisors Asset Management Inc. now owns 2,227 shares of the company's stock worth $66,000 after buying an additional 1,136 shares during the last quarter. Institutional investors and hedge funds own 75.82% of the company's stock.

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.