Zeta Global (NYSE:ZETA) Director Jeanine Silberblatt Sells 12,990 Shares of Stock

Zeta Global Holdings Corp. (NYSE:ZETA) Director Jeanine Silberblatt sold 12,990 shares of the firm’s stock in a transaction dated Friday, December 12th. The stock was sold at an average price of $19.34, for a total value of $251,226.60. Following the completion of the sale, the director directly owned 57,850 shares in the company, valued at approximately $1,118,819. The trade was a 18.34% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link.

Zeta Global Trading Down 4.8%

NYSE ZETA opened at $18.57 on Friday. Zeta Global Holdings Corp. has a 12 month low of $10.69 and a 12 month high of $26.60. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.01 and a quick ratio of 3.01. The company has a 50-day moving average of $18.57 and a 200-day moving average of $17.47. The company has a market cap of $4.47 billion, a P/E ratio of -154.74 and a beta of 1.27.

Hedge Funds Weigh In On Zeta Global

A number of institutional investors have recently added to or reduced their stakes in the company. Tudor Investment Corp ET AL grew its stake in shares of Zeta Global by 93.1% during the third quarter. Tudor Investment Corp ET AL now owns 1,407,047 shares of the company’s stock valued at $27,958,000 after acquiring an additional 678,441 shares in the last quarter. Allworth Financial LP boosted its holdings in Zeta Global by 127.6% in the third quarter. Allworth Financial LP now owns 17,952 shares of the company’s stock valued at $357,000 after purchasing an additional 10,063 shares during the last quarter. Penn Capital Management Company LLC acquired a new stake in Zeta Global during the 3rd quarter valued at approximately $15,570,000. CIBC Bancorp USA Inc. purchased a new stake in Zeta Global during the 3rd quarter worth approximately $395,000. Finally, Advisory Services Network LLC purchased a new position in shares of Zeta Global during the 3rd quarter valued at approximately $100,000. Institutional investors and hedge funds own 87.75% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently commented on the company. Wall Street Zen downgraded Zeta Global from a “buy” rating to a “hold” rating in a report on Saturday, December 6th. The Goldman Sachs Group restated a “neutral” rating and issued a $23.00 price objective on shares of Zeta Global in a report on Thursday, November 6th. Zacks Research upgraded Zeta Global from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 27th. Weiss Ratings reissued a “sell (d-)” rating on shares of Zeta Global in a research report on Wednesday, October 8th. Finally, Truist Financial lifted their price target on shares of Zeta Global from $34.00 to $36.00 and gave the company a “buy” rating in a research report on Thursday, October 9th. Nine investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. Based on data from MarketBeat.com, Zeta Global presently has a consensus rating of “Moderate Buy” and a consensus price target of $27.25.

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.