Key Points
- Zeta Global director Jeanine Silberblatt sold 7,500 shares on June 12 at an average price of $19.89, totaling about $149,175. After the sale, she still owned 50,350 shares, a 12.96% reduction in her position.
- ZETA shares were up 0.6% in Friday trading, opening at $20.18. The stock has traded between $12.10 and $25.95 over the past 12 months.
- Analyst sentiment remains generally positive, with an average rating of “Moderate Buy” and an average price target of $27.83. Ten analysts rate the stock a Buy, three Hold, and one Sell.
Zeta Global Holdings Corp. (NYSE:ZETA - Get Free Report) 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 transaction, the director directly owned 50,350 shares in the company, valued at $1,001,461.50. This trade represents a 12.96% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.
Zeta Global Trading Up 0.6%
Shares of ZETA opened at $20.18 on Friday. The company has a quick ratio of 2.07, a current ratio of 2.07 and a debt-to-equity ratio of 0.22. Zeta Global Holdings Corp. has a 12-month low of $12.10 and a 12-month high of $25.95. The firm has a market capitalization of $5.03 billion, a PE ratio of -183.46, a price-to-earnings-growth ratio of 3.12 and a beta of 1.34. The stock's fifty day simple moving average is $18.45 and its 200-day simple moving average is $18.51.
Hedge Funds Weigh In On Zeta Global
Several hedge funds have recently added to or reduced their stakes in ZETA. Advisors Asset Management Inc. lifted its stake in Zeta Global by 34.2% in the first quarter. Advisors Asset Management Inc. now owns 4,579 shares of the company's stock valued at $62,000 after buying an additional 1,168 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. lifted its stake in Zeta Global by 4.6% in the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 106,371 shares of the company's stock valued at $1,442,000 after buying an additional 4,631 shares during the period. Caxton Associates LLP acquired a new position in Zeta Global in the first quarter valued at about $205,000. Woodline Partners LP acquired a new position in Zeta Global in the first quarter valued at about $222,000. Finally, Strs Ohio acquired a new position in Zeta Global in the first quarter valued at about $117,000. Institutional investors and hedge funds own 87.75% of the company's stock.
Analysts Set New Price Targets
Several equities analysts have recently issued reports on ZETA shares. DA Davidson upped their price target on Zeta Global from $29.00 to $30.00 and gave the company a "buy" rating in a research note on Thursday, February 26th. Royal Bank Of Canada increased their target price on Zeta Global from $27.00 to $29.00 and gave the company an "outperform" rating in a research note on Friday, May 1st. KeyCorp raised Zeta Global from a "sector weight" rating to an "overweight" rating and set a $22.00 target price on the stock in a research note on Tuesday, April 28th. 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 investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $27.83.
Check Out Our Latest Stock Analysis on Zeta Global
Zeta Global Company Profile
(
Get Free Report)
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.
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