Silvercrest Asset Management Group LLC Cuts Stock Position in Zeta Global Holdings Corp. (NYSE:ZETA)

Silvercrest Asset Management Group LLC decreased its position in shares of Zeta Global Holdings Corp. (NYSE:ZETA) by 36.1% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 348,424 shares of the company’s stock after selling 196,866 shares during the period. Silvercrest Asset Management Group LLC owned about 0.15% of Zeta Global worth $6,268,000 at the end of the most recent quarter.

Other hedge funds and other institutional investors also recently bought and sold shares of the company. Optiver Holding B.V. lifted its position in shares of Zeta Global by 60.9% during the fourth quarter. Optiver Holding B.V. now owns 1,406 shares of the company’s stock worth $25,000 after purchasing an additional 532 shares in the last quarter. Rakuten Securities Inc. purchased a new stake in Zeta Global during the 4th quarter worth approximately $27,000. Coppell Advisory Solutions LLC lifted its holdings in Zeta Global by 244.1% during the 4th quarter. Coppell Advisory Solutions LLC now owns 1,693 shares of the company’s stock worth $31,000 after buying an additional 1,201 shares in the last quarter. SBI Securities Co. Ltd. purchased a new position in Zeta Global in the 4th quarter valued at approximately $33,000. Finally, Point72 Hong Kong Ltd acquired a new position in shares of Zeta Global in the fourth quarter worth $33,000. 87.75% of the stock is currently owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ZETA has been the topic of several analyst reports. Royal Bank of Canada reduced their price objective on Zeta Global from $40.00 to $30.00 and set an “outperform” rating on the stock in a research note on Monday, April 28th. Needham & Company LLC reduced their price target on Zeta Global from $43.00 to $25.00 and set a “buy” rating on the stock in a research report on Friday, May 2nd. Barclays lowered their price objective on Zeta Global from $32.00 to $18.00 and set an “equal weight” rating for the company in a research report on Thursday, February 27th. B. Riley reduced their target price on shares of Zeta Global from $44.00 to $29.00 and set a “buy” rating on the stock in a report on Tuesday, April 22nd. Finally, Truist Financial decreased their price target on shares of Zeta Global from $42.00 to $34.00 and set a “buy” rating for the company in a research note on Wednesday, April 16th. Four analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus target price of $30.36.

Zeta Global Trading Down 0.0%

NYSE ZETA opened at $13.93 on Monday. The firm’s fifty day moving average price is $13.27 and its 200 day moving average price is $18.13. Zeta Global Holdings Corp. has a 12 month low of $10.69 and a 12 month high of $38.20. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.32 and a quick ratio of 3.32. The company has a market capitalization of $3.28 billion, a price-to-earnings ratio of -19.91, a price-to-earnings-growth ratio of 1.65 and a beta of 1.29.

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.