Boothbay Fund Management LLC Grows Position in Zeta Global Holdings Corp. (NYSE:ZETA)

Boothbay Fund Management LLC boosted its stake in Zeta Global Holdings Corp. (NYSE:ZETA) by 29.3% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 15,502 shares of the company’s stock after buying an additional 3,515 shares during the period. Boothbay Fund Management LLC’s holdings in Zeta Global were worth $279,000 at the end of the most recent quarter.

Other large investors also recently bought and sold shares of the company. JPMorgan Chase & Co. raised its holdings in shares of Zeta Global by 31.0% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,240,872 shares of the company’s stock valued at $37,015,000 after buying an additional 293,583 shares during the period. Hodges Capital Management Inc. boosted its stake in shares of Zeta Global by 163.1% in the fourth quarter. Hodges Capital Management Inc. now owns 433,473 shares of the company’s stock valued at $7,798,000 after purchasing an additional 268,710 shares during the period. Barclays PLC grew its holdings in shares of Zeta Global by 36.4% in the third quarter. Barclays PLC now owns 420,518 shares of the company’s stock valued at $12,544,000 after purchasing an additional 112,238 shares in the last quarter. Nordea Investment Management AB purchased a new stake in shares of Zeta Global during the fourth quarter worth $2,444,000. Finally, Janney Montgomery Scott LLC boosted its holdings in Zeta Global by 273.1% in the fourth quarter. Janney Montgomery Scott LLC now owns 77,745 shares of the company’s stock valued at $1,399,000 after purchasing an additional 56,910 shares during the period. Institutional investors and hedge funds own 87.75% of the company’s stock.

Analysts Set New Price Targets

A number of equities research analysts have issued reports on ZETA shares. Truist Financial reduced their price target on Zeta Global from $42.00 to $34.00 and set a “buy” rating on the stock in a research report on Wednesday, April 16th. William Blair reiterated an “outperform” rating on shares of Zeta Global in a report on Wednesday, February 26th. Morgan Stanley reduced their price objective on shares of Zeta Global from $25.00 to $15.00 and set an “equal weight” rating on the stock in a report on Wednesday, April 16th. B. Riley decreased their price objective on shares of Zeta Global from $44.00 to $29.00 and set a “buy” rating for the company in a research report on Tuesday, April 22nd. Finally, The Goldman Sachs Group dropped their price objective on Zeta Global from $30.00 to $27.00 and set a “neutral” rating on the stock in a report on Tuesday, March 4th. Four investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $31.14.

Zeta Global Trading Up 1.5 %

Shares of Zeta Global stock opened at $13.69 on Friday. 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 capitalization of $3.25 billion, a P/E ratio of -19.56, a PEG ratio of 1.65 and a beta of 1.29. Zeta Global Holdings Corp. has a 1 year low of $10.69 and a 1 year high of $38.20. The company’s fifty day moving average is $13.76 and its two-hundred day moving average is $19.23.

About Zeta Global

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.