Zeta Global (NYSE:ZETA) Director Sells $149,175.00 in Stock

Zeta Global Holdings Corp. (NYSE:ZETA) Director Jeanine Silberblatt sold 7,500 shares of the company’s stock in a transaction dated Friday, June 12th. The shares were sold at an average price of $19.89, for a total transaction of $149,175.00. Following the transaction, the director directly owned 50,350 shares of the company’s stock, valued at approximately $1,001,461.50. This represents a 12.96% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.

Zeta Global Trading Up 0.6%

Shares of NYSE ZETA traded up $0.12 on Friday, reaching $20.18. 9,613,551 shares of the company traded hands, compared to its average volume of 8,824,974. Zeta Global Holdings Corp. has a fifty-two week low of $12.10 and a fifty-two week high of $25.95. The company has a 50 day moving average of $18.36 and a 200 day moving average of $18.50. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 0.22. The stock has a market capitalization of $5.03 billion, a PE ratio of -183.46, a P/E/G ratio of 3.10 and a beta of 1.34.

Wall Street Analyst Weigh In

ZETA has been the subject of a number of research reports. B. Riley Financial reiterated a “buy” rating on shares of Zeta Global in a report on Friday, May 1st. Wall Street Zen cut Zeta Global from a “buy” rating to a “hold” rating in a report on Saturday, May 30th. Royal Bank Of Canada boosted their target price on Zeta Global from $27.00 to $29.00 and gave the stock an “outperform” rating in a report on Friday, May 1st. KeyCorp upgraded Zeta Global from a “sector weight” rating to an “overweight” rating and set a $22.00 target price for the company in a report on Tuesday, April 28th. Finally, DA Davidson boosted their target price on Zeta Global from $29.00 to $30.00 and gave the stock a “buy” rating in a report on Thursday, February 26th. Ten analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and a consensus price target of $27.83.

Hedge Funds Weigh In On Zeta Global

Institutional investors and hedge funds have recently bought and sold shares of the stock. Cornerstone Planning Group LLC boosted its holdings in Zeta Global by 3,150.0% in the 4th quarter. Cornerstone Planning Group LLC now owns 1,300 shares of the company’s stock worth $26,000 after acquiring an additional 1,260 shares during the period. DV Equities LLC purchased a new position in Zeta Global in the 4th quarter worth approximately $29,000. United Community Bank purchased a new position in Zeta Global in the 4th quarter worth approximately $31,000. Binnacle Investments Inc purchased a new position in Zeta Global in the 3rd quarter worth approximately $30,000. Finally, National Bank of Canada FI boosted its holdings in Zeta Global by 223.1% in the 3rd quarter. National Bank of Canada FI now owns 1,835 shares of the company’s stock worth $36,000 after acquiring an additional 1,267 shares during the period. Hedge funds and other institutional investors own 87.75% of the company’s stock.

Zeta Global Company Profile

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.