Algert Global LLC Has $1.07 Million Position in Zeta Global Holdings Corp. (NYSE:ZETA)

Algert Global LLC trimmed its holdings in Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 46.5% in the fourth quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The fund owned 59,176 shares of the company's stock after selling 51,341 shares during the quarter. Algert Global LLC's holdings in Zeta Global were worth $1,065,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other institutional investors and hedge funds also recently bought and sold shares of ZETA. Optiver Holding B.V. lifted its stake in Zeta Global by 60.9% during the fourth quarter. Optiver Holding B.V. now owns 1,406 shares of the company's stock valued at $25,000 after buying an additional 532 shares in the last quarter. Rakuten Securities Inc. purchased a new stake in Zeta Global during the fourth quarter valued at about $27,000. Coppell Advisory Solutions LLC lifted its stake in Zeta Global by 244.1% during the fourth quarter. Coppell Advisory Solutions LLC now owns 1,693 shares of the company's stock valued at $31,000 after buying an additional 1,201 shares in the last quarter. SBI Securities Co. Ltd. acquired a new position in shares of Zeta Global in the 4th quarter valued at about $33,000. Finally, Heck Capital Advisors LLC purchased a new stake in shares of Zeta Global in the fourth quarter worth approximately $66,000. 87.75% of the stock is owned by institutional investors and hedge funds.

Zeta Global Stock Performance

Shares of Zeta Global stock traded down $0.09 during midday trading on Friday, hitting $13.86. The company had a trading volume of 1,346,775 shares, compared to its average volume of 5,325,209. The business's 50 day simple moving average is $13.28 and its two-hundred day simple moving average is $18.37. The stock has a market cap of $3.26 billion, a PE ratio of -19.79, a P/E/G ratio of 1.65 and a beta of 1.29. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.32 and a quick ratio of 3.32. Zeta Global Holdings Corp. has a 1-year low of $10.69 and a 1-year high of $38.20.

Analysts Set New Price Targets

A number of research firms have recently issued reports on ZETA. Truist Financial reduced their price target on shares of Zeta Global from $42.00 to $34.00 and set a "buy" rating for the company in a research report on Wednesday, April 16th. William Blair reissued an "outperform" rating on shares of Zeta Global in a research report on Wednesday, February 26th. Barclays dropped their price objective on Zeta Global from $32.00 to $18.00 and set an "equal weight" rating on the stock in a report on Thursday, February 27th. Morgan Stanley dropped their price objective on Zeta Global from $25.00 to $15.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 16th. Finally, DA Davidson dropped their price objective on Zeta Global from $42.00 to $25.00 and set a "buy" rating on the stock in a report on Monday, April 14th. Four investment analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. Based on data from MarketBeat.com, Zeta Global currently has an average rating of "Moderate Buy" and a consensus price target of $30.36.

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.