Zeta Global (NYSE:ZETA) Director Jeanine Silberblatt Sells 7,500 Shares of Stock

Zeta Global Holdings Corp. (NYSE:ZETA) Director Jeanine Silberblatt sold 7,500 shares of the company’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $19.89, for a total value of $149,175.00. Following the completion of the sale, the director owned 50,350 shares in the company, valued at $1,001,461.50. This trade represents a 12.96% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink.

Zeta Global Stock Performance

Shares of NYSE:ZETA opened at $20.18 on Friday. The business’s fifty day moving average price is $18.45 and its two-hundred day moving average price is $18.51. Zeta Global Holdings Corp. has a fifty-two week low of $12.10 and a fifty-two week high of $25.95. The stock has a market capitalization of $5.03 billion, a price-to-earnings ratio of -183.46, a price-to-earnings-growth ratio of 3.12 and a beta of 1.34. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.07 and a quick ratio of 2.07.

Hedge Funds Weigh In On Zeta Global

Institutional investors and hedge funds have recently bought and sold shares of the business. Mackenzie Financial Corp lifted its stake in shares of Zeta Global by 4.8% during the third quarter. Mackenzie Financial Corp now owns 12,195 shares of the company’s stock valued at $242,000 after acquiring an additional 560 shares during the period. Verus Capital Partners LLC lifted its stake in shares of Zeta Global by 1.2% during the fourth quarter. Verus Capital Partners LLC now owns 49,100 shares of the company’s stock valued at $999,000 after acquiring an additional 600 shares during the period. Essential Partners LLC lifted its stake in shares of Zeta Global by 30.9% during the first quarter. Essential Partners LLC now owns 2,670 shares of the company’s stock valued at $43,000 after acquiring an additional 630 shares during the period. SlateStone Wealth LLC lifted its stake in shares of Zeta Global by 3.9% during the fourth quarter. SlateStone Wealth LLC now owns 19,801 shares of the company’s stock valued at $403,000 after acquiring an additional 750 shares during the period. Finally, Hsbc Holdings PLC lifted its stake in shares of Zeta Global by 2.3% during the fourth quarter. Hsbc Holdings PLC now owns 34,938 shares of the company’s stock valued at $724,000 after acquiring an additional 793 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 analysts have commented on ZETA shares. DA Davidson boosted their price objective on Zeta Global from $29.00 to $30.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th. KeyCorp raised Zeta Global from a “sector weight” rating to an “overweight” rating and set a $22.00 price objective on the stock in a research note on Tuesday, April 28th. Weiss Ratings reissued a “sell (d-)” rating on shares of Zeta Global in a research note on Monday, April 20th. Wall Street Zen lowered Zeta Global from a “buy” rating to a “hold” rating in a research note on Saturday, May 30th. Finally, B. Riley Financial reissued a “buy” rating on shares of Zeta Global in a research note on Friday, May 1st. Ten analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of $27.83.

About Zeta Global

Zeta Global, founded in 2007 and headquartered in New York City, is a leading data-driven marketing technology company. The firm’s mission centers on helping brands acquire, grow and retain customers through a unified customer lifecycle management platform. Over the years, Zeta Global has built a reputation for leveraging big data and predictive analytics to power digital marketing programs across multiple channels.

At the core of Zeta’s offering is the Zeta Marketing Platform, which combines identity resolution, audience insights and real-time engagement capabilities.