Christopher E. Greiner Acquires 7,975 Shares of Zeta Global Holdings Corp. (NYSE:ZETA) Stock

Zeta Global Holdings Corp. (NYSE:ZETA) CFO Christopher E. Greiner bought 7,975 shares of the stock in a transaction on Monday, November 18th. The shares were acquired at an average price of $18.80 per share, with a total value of $149,930.00. Following the purchase, the chief financial officer now owns 2,330,010 shares of the company’s stock, valued at $43,804,188. The trade was a 0.34 % increase in their ownership of the stock. The acquisition was disclosed in a filing with the SEC, which can be accessed through this hyperlink.

Zeta Global Stock Up 12.6 %

Shares of NYSE:ZETA opened at $22.04 on Wednesday. Zeta Global Holdings Corp. has a 52 week low of $7.65 and a 52 week high of $38.20. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.32 and a current ratio of 3.32. The company has a market cap of $4.85 billion, a PE ratio of -31.49 and a beta of 1.29. The firm has a 50 day simple moving average of $28.38 and a 200 day simple moving average of $22.73.

Zeta Global (NYSE:ZETA) last posted its quarterly earnings results on Monday, November 11th. The company reported ($0.09) earnings per share 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 for the quarter, compared to analyst estimates of $252.68 million. During the same period in the previous year, the firm posted ($0.27) earnings per share. The firm’s quarterly revenue was up 42.0% on a year-over-year basis. As a group, research analysts expect that Zeta Global Holdings Corp. will post -0.45 earnings per share for the current year.

Institutional Trading of Zeta Global

Several institutional investors have recently made changes to their positions in ZETA. Swiss National Bank lifted its position in Zeta Global by 1.3% in the 1st quarter. Swiss National Bank now owns 309,600 shares of the company’s stock worth $3,384,000 after buying an additional 4,000 shares in the last quarter. Russell Investments Group Ltd. boosted its position in Zeta Global by 99.3% during the first quarter. Russell Investments Group Ltd. now owns 554,597 shares of the company’s stock valued at $6,062,000 after purchasing an additional 276,294 shares during the last quarter. ProShare Advisors LLC increased its position in Zeta Global by 9.7% in the 1st quarter. ProShare Advisors LLC now owns 25,249 shares of the company’s stock worth $276,000 after purchasing an additional 2,236 shares during the last quarter. Entropy Technologies LP purchased a new stake in shares of Zeta Global during the 1st quarter worth about $153,000. Finally, Vanguard Group Inc. lifted its holdings in shares of Zeta Global by 2.6% during the 1st quarter. Vanguard Group Inc. now owns 16,717,605 shares of the company’s stock valued at $182,723,000 after buying an additional 431,077 shares during the last quarter. 75.82% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

A number of analysts recently weighed in on the stock. Needham & Company LLC increased their price objective on shares of Zeta Global from $36.00 to $43.00 and gave the stock a “buy” rating in a report on Tuesday, November 12th. Bank of America boosted their price objective on Zeta Global from $30.00 to $36.00 and gave the stock a “buy” rating in a research report on Thursday, September 26th. Craig Hallum raised their target price on Zeta Global from $37.00 to $45.00 and gave the company a “buy” rating in a research report on Tuesday, November 12th. Canaccord Genuity Group raised their target price on shares of Zeta Global from $35.00 to $42.00 and gave the company a “buy” rating in a research note on Tuesday, November 12th. Finally, DA Davidson upped their price target on shares of Zeta Global from $39.00 to $42.00 and gave the stock a “buy” rating in a research note on Tuesday, November 12th. Three investment analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company’s stock. According to MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $39.08.

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.