Zeta Global Holdings Corp. (NYSE:ZETA) Shares Sold by Lisanti Capital Growth LLC

Lisanti Capital Growth LLC reduced its position in shares of Zeta Global Holdings Corp. (NYSE:ZETA) by 6.0% during the fourth quarter, Holdings Channel.com reports. The fund owned 299,865 shares of the company’s stock after selling 19,245 shares during the quarter. Zeta Global accounts for approximately 1.3% of Lisanti Capital Growth LLC’s investment portfolio, making the stock its 29th largest position. Lisanti Capital Growth LLC’s holdings in Zeta Global were worth $5,395,000 as of its most recent SEC filing.

A number of other hedge funds have also recently bought and sold shares of ZETA. US Bancorp DE grew its holdings in Zeta Global by 25.3% during the third quarter. US Bancorp DE now owns 10,150 shares of the company’s stock worth $303,000 after acquiring an additional 2,047 shares during the period. Farther Finance Advisors LLC grew its holdings in Zeta Global by 3,885.7% during the third quarter. Farther Finance Advisors LLC now owns 1,395 shares of the company’s stock worth $42,000 after acquiring an additional 1,360 shares during the period. Harbor Capital Advisors Inc. grew its holdings in Zeta Global by 15.5% during the third quarter. Harbor Capital Advisors Inc. now owns 24,946 shares of the company’s stock worth $744,000 after acquiring an additional 3,350 shares during the period. Principal Financial Group Inc. grew its holdings in Zeta Global by 512.3% during the third quarter. Principal Financial Group Inc. now owns 136,058 shares of the company’s stock worth $4,059,000 after acquiring an additional 113,838 shares during the period. Finally, Atria Investments Inc acquired a new position in Zeta Global during the third quarter worth about $358,000. 87.75% of the stock is owned by institutional investors and hedge funds.

Analyst Upgrades and Downgrades

ZETA has been the topic of a number of analyst reports. The Goldman Sachs Group dropped their price target on Zeta Global from $30.00 to $27.00 and set a “neutral” rating on the stock in a research note on Tuesday. Royal Bank of Canada dropped their price target on Zeta Global from $43.00 to $40.00 and set an “outperform” rating on the stock in a research note on Friday, January 3rd. Craig Hallum lifted their price target on Zeta Global from $37.00 to $45.00 and gave the stock a “buy” rating in a research note on Tuesday, November 12th. Canaccord Genuity Group reissued a “buy” rating and issued a $28.00 price target on shares of Zeta Global in a research note on Wednesday, February 26th. Finally, Truist Financial reissued a “buy” rating and issued a $42.00 price target (up previously from $35.00) on shares of Zeta Global in a research note on Tuesday, November 12th. Four research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $36.86.

Zeta Global Stock Down 6.6 %

Shares of Zeta Global stock opened at $16.01 on Friday. The firm has a market cap of $3.80 billion, a price-to-earnings ratio of -22.87, a P/E/G ratio of 1.65 and a beta of 1.18. 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 $9.99 and a 52-week high of $38.20. The stock has a 50-day simple moving average of $19.16 and a 200-day simple moving average of $23.52.

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.