GSA Capital Partners LLP Acquires 51,267 Shares of Zeta Global Holdings Corp. $ZETA

GSA Capital Partners LLP grew its stake in Zeta Global Holdings Corp. (NYSE:ZETA) by 186.4% during the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The firm owned 78,769 shares of the company’s stock after acquiring an additional 51,267 shares during the quarter. GSA Capital Partners LLP’s holdings in Zeta Global were worth $1,565,000 at the end of the most recent quarter.

Other institutional investors also recently added to or reduced their stakes in the company. Advisors Asset Management Inc. grew its stake in 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 last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. boosted its holdings in shares of 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 valued at $1,442,000 after buying an additional 4,631 shares in the last quarter. Caxton Associates LLP purchased a new position in shares of Zeta Global in the 1st quarter worth approximately $205,000. Woodline Partners LP bought a new position in shares of Zeta Global during the 1st quarter worth approximately $222,000. Finally, Strs Ohio purchased a new stake in Zeta Global during the first quarter valued at approximately $117,000. Institutional investors own 87.75% of the company’s stock.

Zeta Global Stock Performance

NYSE ZETA opened at $15.31 on Wednesday. The stock has a 50-day simple moving average of $19.48 and a two-hundred day simple moving average of $19.16. The company has a debt-to-equity ratio of 0.29, a quick ratio of 3.01 and a current ratio of 3.01. The firm has a market capitalization of $3.68 billion, a P/E ratio of -127.57, a PEG ratio of 1.59 and a beta of 1.26. Zeta Global Holdings Corp. has a fifty-two week low of $10.69 and a fifty-two week high of $26.60.

Insider Activity

In related news, Director Jeanine Silberblatt sold 12,990 shares of the firm’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $19.34, for a total transaction of $251,226.60. Following the sale, the director owned 57,850 shares in the company, valued at approximately $1,118,819. This trade represents a 18.34% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. 13.02% of the stock is currently owned by corporate insiders.

Analysts Set New Price Targets

Several brokerages have recently commented on ZETA. Morgan Stanley increased their price objective on Zeta Global from $23.00 to $27.00 and gave the company an “equal weight” rating in a report on Thursday, January 15th. B. Riley Financial increased their price target on Zeta Global from $29.00 to $30.00 and gave the company a “buy” rating in a research note on Tuesday, November 25th. Wall Street Zen upgraded Zeta Global from a “hold” rating to a “buy” rating in a research note on Saturday. UBS Group set a $29.00 price objective on shares of Zeta Global in a research report on Tuesday, November 25th. Finally, Needham & Company LLC reissued a “buy” rating on shares of Zeta Global in a research report on Tuesday, November 25th. Nine research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of $28.00.

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.