Left Brain Wealth Management LLC Invests $407,000 in Zeta Global Holdings Corp. (NYSE:ZETA)

Left Brain Wealth Management LLC acquired a new position in Zeta Global Holdings Corp. (NYSE:ZETA) in the fourth quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The firm acquired 22,600 shares of the company’s stock, valued at approximately $407,000.

A number of other institutional investors have also recently made changes to their positions in ZETA. US Bancorp DE boosted its position in shares of Zeta Global by 25.3% in the 3rd quarter. US Bancorp DE now owns 10,150 shares of the company’s stock worth $303,000 after purchasing an additional 2,047 shares in the last quarter. Farther Finance Advisors LLC boosted its position in shares of Zeta Global by 3,885.7% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,395 shares of the company’s stock worth $42,000 after purchasing an additional 1,360 shares in the last quarter. Principal Financial Group Inc. boosted its position in shares of Zeta Global by 512.3% in the 3rd quarter. Principal Financial Group Inc. now owns 136,058 shares of the company’s stock worth $4,059,000 after purchasing an additional 113,838 shares in the last quarter. Atria Investments Inc acquired a new stake in shares of Zeta Global in the 3rd quarter worth $358,000. Finally, Covestor Ltd lifted its position in Zeta Global by 2,902.0% during the 3rd quarter. Covestor Ltd now owns 1,501 shares of the company’s stock worth $45,000 after acquiring an additional 1,451 shares during the period. Institutional investors and hedge funds own 87.75% of the company’s stock.

Wall Street Analyst Weigh In

A number of analysts have commented on the company. William Blair reaffirmed an “outperform” rating on shares of Zeta Global in a research report on Wednesday, February 26th. Barclays lowered their price target 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. KeyCorp cut Zeta Global from an “overweight” rating to a “sector weight” rating in a research report on Thursday, November 14th. Canaccord Genuity Group reaffirmed a “buy” rating and set a $28.00 price target on shares of Zeta Global in a research report on Wednesday, February 26th. Finally, B. Riley reaffirmed a “buy” rating and set a $44.00 price target on shares of Zeta Global in a research report on Wednesday, February 26th. Four equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $36.86.

Zeta Global Stock Down 5.9 %

Shares of ZETA opened at $13.69 on Friday. Zeta Global Holdings Corp. has a 52 week low of $10.13 and a 52 week high of $38.20. The company has a quick ratio of 3.32, a current ratio of 3.32 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $3.25 billion, a price-to-earnings ratio of -19.55, a PEG ratio of 1.65 and a beta of 1.18. The stock’s 50-day moving average price is $18.80 and its 200-day moving average price is $23.18.

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.