Contour Asset Management LLC Has $227.16 Million Holdings in Zeta Global Holdings Corp. $ZETA

Contour Asset Management LLC grew its stake in shares of Zeta Global Holdings Corp. (NYSE:ZETA) by 26.3% during the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The firm owned 11,162,626 shares of the company’s stock after purchasing an additional 2,327,907 shares during the period. Zeta Global makes up 5.3% of Contour Asset Management LLC’s investment portfolio, making the stock its 9th biggest holding. Contour Asset Management LLC’s holdings in Zeta Global were worth $227,159,000 as of its most recent filing with the Securities and Exchange Commission.

Other large investors also recently made changes to their positions in the company. Mackenzie Financial Corp raised its stake in Zeta Global by 4.8% during the 3rd quarter. Mackenzie Financial Corp now owns 12,195 shares of the company’s stock worth $242,000 after buying an additional 560 shares during the period. Verus Capital Partners LLC grew its stake in Zeta Global by 1.2% in 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. SlateStone Wealth LLC increased its holdings 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 in the last quarter. Principal Financial Group Inc. increased its holdings in shares of Zeta Global by 6.5% during the third quarter. Principal Financial Group Inc. now owns 14,264 shares of the company’s stock valued at $283,000 after acquiring an additional 874 shares in the last quarter. Finally, M&T Bank Corp raised its position in shares of Zeta Global by 5.9% during the second quarter. M&T Bank Corp now owns 17,086 shares of the company’s stock worth $264,000 after purchasing an additional 959 shares during the period. 87.75% of the stock is currently owned by institutional investors and hedge funds.

Zeta Global Stock Down 6.0%

Shares of NYSE:ZETA opened at $18.54 on Thursday. The business’s 50 day moving average is $18.66 and its 200 day moving average is $18.54. Zeta Global Holdings Corp. has a 12-month low of $12.39 and a 12-month high of $25.95. The stock has a market cap of $4.62 billion, a price-to-earnings ratio of -168.56, a PEG ratio of 3.07 and a beta of 1.34. The company has a quick ratio of 2.07, a current ratio of 2.07 and a debt-to-equity ratio of 0.22.

Insider Transactions at Zeta Global

In other Zeta Global news, Director Jeanine Silberblatt sold 7,500 shares of Zeta Global stock in a transaction on Friday, June 12th. The shares were sold at an average price of $19.89, for a total transaction of $149,175.00. Following the transaction, the director directly owned 50,350 shares of the company’s stock, valued at $1,001,461.50. The trade was a 12.96% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 10.74% of the stock is owned by corporate insiders.

Wall Street Analysts Forecast Growth

ZETA has been the subject of several research reports. B. Riley Financial reissued a “buy” rating on shares of Zeta Global in a research report on Friday, May 1st. Bank of America initiated coverage on shares of Zeta Global in a report on Tuesday, May 19th. They set a “buy” rating and a $24.00 price objective on the stock. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Zeta Global in a research note on Monday, April 20th. Wall Street Zen cut shares of Zeta Global from a “buy” rating to a “hold” rating in a report on Saturday, May 30th. Finally, Royal Bank Of Canada boosted their target price on shares of Zeta Global from $27.00 to $29.00 and gave the stock an “outperform” rating in a research report on Friday, May 1st. Ten investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given 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 target price of $27.83.

Zeta Global Profile

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.