10,377 Shares in Zeta Global Holdings Corp. (NYSE:ZETA) Acquired by Xponance Inc.

Xponance Inc. bought a new position in Zeta Global Holdings Corp. (NYSE:ZETA) in the second quarter, according to its most recent filing with the SEC. The firm bought 10,377 shares of the company’s stock, valued at approximately $183,000.

A number of other institutional investors also recently bought and sold shares of ZETA. Capital World Investors acquired a new stake in Zeta Global in the 4th quarter worth approximately $23,560,000. CastleKnight Management LP lifted its stake in Zeta Global by 94.7% during the 4th quarter. CastleKnight Management LP now owns 88,400 shares of the company’s stock valued at $780,000 after acquiring an additional 43,000 shares during the period. Regal Investment Advisors LLC lifted its stake in Zeta Global by 5.2% during the 4th quarter. Regal Investment Advisors LLC now owns 55,366 shares of the company’s stock valued at $488,000 after acquiring an additional 2,748 shares during the period. Scalar Gauge Management LLC acquired a new stake in Zeta Global during the 4th quarter valued at approximately $6,411,000. Finally, Granahan Investment Management LLC lifted its stake in Zeta Global by 15.3% during the 4th quarter. Granahan Investment Management LLC now owns 8,112,729 shares of the company’s stock valued at $71,554,000 after acquiring an additional 1,076,208 shares during the period. 75.82% of the stock is currently owned by institutional investors and hedge funds.

Zeta Global Stock Up 0.5 %

Shares of ZETA opened at $29.80 on Thursday. Zeta Global Holdings Corp. has a one year low of $7.38 and a one year high of $32.11. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.98 and a current ratio of 1.98. The stock has a 50 day moving average price of $25.46 and a 200 day moving average price of $18.71. The stock has a market capitalization of $6.55 billion, a price-to-earnings ratio of -28.11 and a beta of 1.26.

Zeta Global (NYSE:ZETA) last released its earnings results on Wednesday, July 31st. The company reported ($0.16) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.26). The business had revenue of $227.80 million for the quarter, compared to analysts’ expectations of $212.44 million. Zeta Global had a negative return on equity of 79.03% and a negative net margin of 17.76%. Zeta Global’s quarterly revenue was up 32.6% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.32) EPS. Equities research analysts forecast that Zeta Global Holdings Corp. will post -0.43 earnings per share for the current fiscal year.

Analysts Set New Price Targets

Several analysts have commented on the stock. DA Davidson lifted their price objective on shares of Zeta Global from $30.00 to $35.00 and gave the company a “buy” rating in a research note on Monday, September 23rd. Morgan Stanley cut shares of Zeta Global from an “overweight” rating to an “equal weight” rating and lifted their price objective for the company from $18.00 to $30.00 in a research note on Thursday, August 1st. Roth Mkm lifted their price objective on shares of Zeta Global from $33.00 to $44.00 and gave the company a “buy” rating in a research note on Tuesday. Bank of America boosted their target price on shares of Zeta Global from $30.00 to $36.00 and gave the company a “buy” rating in a research note on Thursday, September 26th. Finally, Royal Bank of Canada boosted their target price on shares of Zeta Global from $29.00 to $34.00 and gave the company an “outperform” rating in a research note on Friday, September 27th. One research analyst has rated the stock with a hold rating, twelve have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock presently has a consensus rating of “Buy” and a consensus target price of $34.25.

Zeta Global 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.