876 Shares in Zeta Global Holdings Corp. (NYSE:ZETA) Purchased by Wolff Wiese Magana LLC

Wolff Wiese Magana LLC purchased a new position in shares of Zeta Global Holdings Corp. (NYSE:ZETA) during the third quarter, HoldingsChannel reports. The fund purchased 876 shares of the company’s stock, valued at approximately $26,000.

A number of other hedge funds have also bought and sold shares of the business. Juncture Wealth Strategies LLC increased its position in Zeta Global by 3.1% during the third quarter. Juncture Wealth Strategies LLC now owns 21,226 shares of the company’s stock worth $633,000 after acquiring an additional 634 shares during the period. Essex Investment Management Co. LLC increased its position in Zeta Global by 0.3% during the third quarter. Essex Investment Management Co. LLC now owns 306,305 shares of the company’s stock worth $9,137,000 after acquiring an additional 856 shares during the period. Amalgamated Bank increased its position in Zeta Global by 20.0% during the second quarter. Amalgamated Bank now owns 5,691 shares of the company’s stock worth $100,000 after acquiring an additional 948 shares during the period. Counterpoint Mutual Funds LLC grew its stake in Zeta Global by 9.4% during the first quarter. Counterpoint Mutual Funds LLC now owns 12,404 shares of the company’s stock worth $136,000 after buying an additional 1,065 shares in the last quarter. Finally, Arizona State Retirement System raised its position in shares of Zeta Global by 4.6% in the 2nd quarter. Arizona State Retirement System now owns 45,060 shares of the company’s stock valued at $795,000 after buying an additional 1,980 shares in the last quarter. 75.82% of the stock is owned by institutional investors.

Analyst Ratings Changes

ZETA has been the subject of several analyst reports. Bank of America boosted their target price on shares of Zeta Global from $30.00 to $36.00 and gave the company a “buy” rating in a research report on Thursday, September 26th. DA Davidson boosted their target price on shares of Zeta Global from $35.00 to $39.00 and gave the company a “buy” rating in a research report on Wednesday, October 9th. Needham & Company LLC restated a “buy” rating and issued a $36.00 target price on shares of Zeta Global in a research report on Wednesday, October 9th. B. Riley boosted their target price on shares of Zeta Global from $30.00 to $37.00 and gave the company a “buy” rating in a research report on Monday, September 30th. Finally, Canaccord Genuity Group boosted their target price on shares of Zeta Global from $30.00 to $35.00 and gave the company a “buy” rating in a research report on Wednesday, October 9th. One equities research analyst has rated the stock with a hold rating, twelve have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat, Zeta Global presently has a consensus rating of “Buy” and an average price target of $35.00.

Zeta Global Trading Down 3.0 %

ZETA opened at $30.00 on Friday. Zeta Global Holdings Corp. has a fifty-two week low of $7.38 and a fifty-two week high of $34.14. The company has a debt-to-equity ratio of 0.85, a current ratio of 1.98 and a quick ratio of 1.98. The firm has a market capitalization of $6.60 billion, a price-to-earnings ratio of -34.09 and a beta of 1.27. The company’s 50 day moving average price is $27.47 and its two-hundred day moving average price is $20.20.

Zeta Global (NYSE:ZETA) last posted its earnings results on Wednesday, July 31st. The company reported ($0.16) earnings per share for the quarter, missing analysts’ consensus estimates of $0.10 by ($0.26). Zeta Global had a negative return on equity of 79.03% and a negative net margin of 17.76%. The business had revenue of $227.80 million for the quarter, compared to the consensus estimate of $212.44 million. During the same period in the previous year, the firm earned ($0.32) earnings per share. The company’s revenue was up 32.6% compared to the same quarter last year. As a group, research analysts predict that Zeta Global Holdings Corp. will post -0.41 earnings per share for the current year.

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.