Lisanti Capital Growth LLC Has $7.36 Million Stock Holdings in Zeta Global Holdings Corp. $ZETA

Lisanti Capital Growth LLC boosted its position in Zeta Global Holdings Corp. (NYSE:ZETA) by 148.3% during the 3rd quarter, HoldingsChannel reports. The firm owned 370,205 shares of the company’s stock after buying an additional 221,125 shares during the quarter. Zeta Global makes up about 1.8% of Lisanti Capital Growth LLC’s investment portfolio, making the stock its 8th largest position. Lisanti Capital Growth LLC’s holdings in Zeta Global were worth $7,356,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Advisors Asset Management Inc. increased its stake in shares of Zeta Global by 34.2% in the first quarter. Advisors Asset Management Inc. now owns 4,579 shares of the company’s stock valued at $62,000 after purchasing an additional 1,168 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its holdings in Zeta Global by 4.6% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 106,371 shares of the company’s stock worth $1,442,000 after buying an additional 4,631 shares in the last quarter. Caxton Associates LLP acquired a new stake in Zeta Global in the 1st quarter valued at approximately $205,000. Woodline Partners LP bought a new stake in Zeta Global during the 1st quarter valued at $222,000. Finally, Strs Ohio bought a new stake in Zeta Global during the 1st quarter valued at $117,000. 87.75% of the stock is owned by institutional investors and hedge funds.

Wall Street Analysts Forecast Growth

ZETA has been the topic of a number of research analyst reports. The Goldman Sachs Group raised their price target on Zeta Global from $23.00 to $26.00 and gave the company a “neutral” rating in a report on Wednesday. B. Riley increased their target price on shares of Zeta Global from $29.00 to $30.00 and gave the company a “buy” rating in a research report on Tuesday, November 25th. Weiss Ratings restated a “sell (d-)” rating on shares of Zeta Global in a research report on Wednesday, January 21st. Needham & Company LLC reiterated a “buy” rating on shares of Zeta Global in a report on Tuesday, November 25th. Finally, William Blair reiterated an “outperform” rating on shares of Zeta Global in a research note on Monday, November 24th. Nine equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $28.00.

Insider Activity

In other news, Director Jeanine Silberblatt sold 12,990 shares of the stock in a transaction on Friday, December 12th. The stock was sold at an average price of $19.34, for a total transaction of $251,226.60. Following the completion of the sale, the director owned 57,850 shares in the company, valued at approximately $1,118,819. This represents a 18.34% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Corporate insiders own 13.02% of the company’s stock.

Zeta Global Stock Performance

NYSE:ZETA opened at $18.55 on Friday. Zeta Global Holdings Corp. has a twelve month low of $10.69 and a twelve month high of $26.60. The company has a current ratio of 3.01, a quick ratio of 3.01 and a debt-to-equity ratio of 0.29. The company has a 50-day moving average of $19.93 and a 200-day moving average of $19.03. The firm has a market cap of $4.46 billion, a price-to-earnings ratio of -154.57, a price-to-earnings-growth ratio of 2.01 and a beta of 1.26.

Zeta Global (NYSE:ZETA) last released its earnings results on Tuesday, November 4th. The company reported $0.18 EPS for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.01). The business had revenue of $337.17 million during the quarter, compared to the consensus estimate of $327.70 million. Zeta Global had a negative return on equity of 1.22% and a negative net margin of 1.87%.The firm’s revenue for the quarter was up 25.6% compared to the same quarter last year. During the same quarter in the previous year, the firm earned ($0.09) earnings per share. Analysts forecast that Zeta Global Holdings Corp. will post -0.16 earnings per share for the current fiscal year.

About Zeta Global

Zeta Global, founded in 2007 and headquartered in New York City, is a leading data-driven marketing technology company. The firm’s mission centers on helping brands acquire, grow and retain customers through a unified customer lifecycle management platform. Over the years, Zeta Global has built a reputation for leveraging big data and predictive analytics to power digital marketing programs across multiple channels.

At the core of Zeta’s offering is the Zeta Marketing Platform, which combines identity resolution, audience insights and real-time engagement capabilities.