Zeta Global Holdings Corp. (NYSE:ZETA) CFO Christopher E. Greiner Acquires 7,975 Shares

Zeta Global Holdings Corp. (NYSE:ZETA) CFO Christopher E. Greiner bought 7,975 shares of the stock in a transaction on Monday, November 18th. The shares were acquired at an average cost of $18.80 per share, with a total value of $149,930.00. Following the purchase, the chief financial officer now owns 2,330,010 shares of the company’s stock, valued at approximately $43,804,188. This represents a 0.34 % increase in their position. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

Zeta Global Price Performance

Shares of NYSE:ZETA traded up $2.39 on Monday, hitting $19.97. The company’s stock had a trading volume of 13,079,665 shares, compared to its average volume of 3,149,608. Zeta Global Holdings Corp. has a 1 year low of $7.65 and a 1 year high of $38.20. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.32 and a quick ratio of 3.32. The company has a market capitalization of $4.39 billion, a PE ratio of -26.87 and a beta of 1.29. The company has a 50-day simple moving average of $28.57 and a 200 day simple moving average of $22.62.

Zeta Global (NYSE:ZETA) last posted its quarterly earnings results on Monday, November 11th. The company reported ($0.09) EPS for the quarter, missing the consensus estimate of $0.17 by ($0.26). Zeta Global had a negative return on equity of 45.22% and a negative net margin of 13.35%. The business had revenue of $268.30 million for the quarter, compared to analysts’ expectations of $252.68 million. During the same period last year, the business posted ($0.27) earnings per share. The company’s revenue was up 42.0% compared to the same quarter last year. Sell-side analysts forecast that Zeta Global Holdings Corp. will post -0.45 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the stock. DA Davidson raised their target price on shares of Zeta Global from $39.00 to $42.00 and gave the company a “buy” rating in a research report on Tuesday, November 12th. Craig Hallum boosted their target price on shares of Zeta Global from $37.00 to $45.00 and gave the stock a “buy” rating in a report on Tuesday, November 12th. Bank of America lifted their price target on shares of Zeta Global from $30.00 to $36.00 and gave the stock a “buy” rating in a report on Thursday, September 26th. Royal Bank of Canada increased their price objective on Zeta Global from $33.00 to $37.00 and gave the company an “overweight” rating in a report on Monday, November 11th. Finally, Roth Mkm lifted their target price on Zeta Global from $33.00 to $44.00 and gave the stock a “buy” rating in a report on Tuesday, October 1st. Three analysts have rated the stock with a hold rating, eleven have given a buy rating and one has issued a strong buy rating to the company’s stock. According to MarketBeat, Zeta Global presently has an average rating of “Moderate Buy” and a consensus price target of $39.08.

Institutional Trading of Zeta Global

Several hedge funds and other institutional investors have recently bought and sold shares of the stock. Swiss National Bank grew its holdings in Zeta Global by 1.3% in the 1st quarter. Swiss National Bank now owns 309,600 shares of the company’s stock worth $3,384,000 after acquiring an additional 4,000 shares during the last quarter. Russell Investments Group Ltd. grew its position in shares of Zeta Global by 99.3% in the 1st quarter. Russell Investments Group Ltd. now owns 554,597 shares of the company’s stock worth $6,062,000 after buying an additional 276,294 shares during the last quarter. ProShare Advisors LLC increased its stake in shares of Zeta Global by 9.7% during the first quarter. ProShare Advisors LLC now owns 25,249 shares of the company’s stock valued at $276,000 after buying an additional 2,236 shares during the period. Entropy Technologies LP bought a new position in shares of Zeta Global during the first quarter valued at approximately $153,000. Finally, Vanguard Group Inc. lifted its stake in Zeta Global by 2.6% in the first quarter. Vanguard Group Inc. now owns 16,717,605 shares of the company’s stock worth $182,723,000 after acquiring an additional 431,077 shares during the period. Institutional investors own 75.82% of the company’s stock.

Zeta Global Company 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.