Zeta Global Holdings Corp. (NYSE:ZETA) Stock Holdings Lifted by Hennion & Walsh Asset Management Inc.

Hennion & Walsh Asset Management Inc. increased its stake in shares of Zeta Global Holdings Corp. (NYSE:ZETA) by 53.0% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund owned 43,477 shares of the company’s stock after buying an additional 15,068 shares during the quarter. Hennion & Walsh Asset Management Inc.’s holdings in Zeta Global were worth $782,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors have also recently bought and sold shares of the company. Juncture Wealth Strategies LLC raised its position in shares of Zeta Global by 3.1% during the 3rd quarter. Juncture Wealth Strategies LLC now owns 21,226 shares of the company’s stock worth $633,000 after buying an additional 634 shares in the last quarter. Essex Investment Management Co. LLC increased its stake in shares of Zeta Global by 0.3% during the third quarter. Essex Investment Management Co. LLC now owns 306,305 shares of the company’s stock valued at $9,137,000 after acquiring an additional 856 shares during the period. Wolff Wiese Magana LLC acquired a new stake in Zeta Global in the third quarter worth approximately $26,000. HighTower Advisors LLC boosted its stake in Zeta Global by 4.2% during the 3rd quarter. HighTower Advisors LLC now owns 22,383 shares of the company’s stock valued at $668,000 after purchasing an additional 892 shares in the last quarter. Finally, Amalgamated Bank boosted its stake in Zeta Global by 20.0% during the 2nd quarter. Amalgamated Bank now owns 5,691 shares of the company’s stock valued at $100,000 after purchasing an additional 948 shares in the last quarter. 87.75% of the stock is owned by institutional investors and hedge funds.

Insider Activity at Zeta Global

In related news, Director Imran Khan acquired 55,000 shares of the stock in a transaction dated Monday, November 18th. The shares were acquired at an average price of $18.96 per share, for a total transaction of $1,042,800.00. Following the completion of the purchase, the director now owns 55,000 shares in the company, valued at approximately $1,042,800. The trade was a ? increase in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, CEO David Steinberg acquired 53,676 shares of the company’s stock in a transaction dated Monday, November 18th. The shares were bought at an average price of $19.24 per share, for a total transaction of $1,032,726.24. Following the acquisition, the chief executive officer now owns 65,310 shares in the company, valued at approximately $1,256,564.40. This trade represents a 461.37 % increase in their position. The disclosure for this purchase can be found here. In the last ninety days, insiders have purchased 129,901 shares of company stock valued at $2,471,244. Corporate insiders own 25.54% of the company’s stock.

Zeta Global Stock Down 1.4 %

Shares of Zeta Global stock opened at $18.55 on Monday. The firm has a market cap of $4.41 billion, a price-to-earnings ratio of -26.51, a P/E/G ratio of 1.28 and a beta of 1.17. The stock has a 50-day simple moving average of $20.62 and a 200-day simple moving average of $23.86. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.32 and a quick ratio of 3.32. Zeta Global Holdings Corp. has a 52-week low of $9.23 and a 52-week high of $38.20.

Zeta Global (NYSE:ZETA) last released its quarterly earnings data on Monday, November 11th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($0.26). Zeta Global had a negative net margin of 13.35% and a negative return on equity of 45.22%. The business had revenue of $268.30 million during the quarter, compared to analyst estimates of $252.68 million. During the same period in the previous year, the firm posted ($0.27) EPS. The firm’s revenue for the quarter was up 42.0% on a year-over-year basis. On average, equities research analysts expect that Zeta Global Holdings Corp. will post -0.16 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several equities analysts have recently issued reports on the stock. Roth Mkm lifted their price objective on shares of Zeta Global from $33.00 to $44.00 and gave the stock a “buy” rating in a research note on Tuesday, October 1st. Morgan Stanley decreased their price target on Zeta Global from $26.00 to $23.00 and set an “equal weight” rating for the company in a research report on Monday, January 13th. Bank of America upped their price objective 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. Royal Bank of Canada dropped their target price on shares of Zeta Global from $43.00 to $40.00 and set an “outperform” rating on the stock in a research report on Friday, January 3rd. Finally, The Goldman Sachs Group initiated coverage on shares of Zeta Global in a research report on Wednesday, December 11th. They issued a “neutral” rating and a $30.00 price target for the company. Four research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $37.43.

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.