631,530 Shares in Zeta Global Holdings Corp. (NYSE:ZETA) Bought by BNP Paribas Financial Markets

BNP Paribas Financial Markets acquired a new position in Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor acquired 631,530 shares of the company's stock, valued at approximately $11,361,000. BNP Paribas Financial Markets owned 0.27% of Zeta Global at the end of the most recent reporting period.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Optiver Holding B.V. lifted its position in shares of Zeta Global by 60.9% in the 4th quarter. Optiver Holding B.V. now owns 1,406 shares of the company's stock worth $25,000 after purchasing an additional 532 shares during the period. Rakuten Securities Inc. purchased a new stake in shares of Zeta Global in the 4th quarter worth approximately $27,000. Coppell Advisory Solutions LLC lifted its position in shares of Zeta Global by 244.1% in the 4th quarter. Coppell Advisory Solutions LLC now owns 1,693 shares of the company's stock worth $31,000 after purchasing an additional 1,201 shares during the period. SBI Securities Co. Ltd. purchased a new stake in shares of Zeta Global in the 4th quarter worth approximately $33,000. Finally, Heck Capital Advisors LLC purchased a new stake in shares of Zeta Global in the 4th quarter worth approximately $66,000. 87.75% of the stock is currently owned by institutional investors.

Wall Street Analyst Weigh In

Several equities research analysts have recently weighed in on the stock. William Blair reaffirmed an "outperform" rating on shares of Zeta Global in a research report on Wednesday, February 26th. The Goldman Sachs Group lowered their price target on shares of Zeta Global from $27.00 to $16.00 and set a "neutral" rating for the company in a research report on Monday, May 5th. Barclays reduced their price objective on shares of Zeta Global from $32.00 to $18.00 and set an "equal weight" rating for the company in a research note on Thursday, February 27th. Needham & Company LLC reduced their price objective on shares of Zeta Global from $43.00 to $25.00 and set a "buy" rating for the company in a research note on Friday, May 2nd. Finally, Canaccord Genuity Group reduced their price objective on shares of Zeta Global from $28.00 to $26.00 and set a "buy" rating for the company in a research note on Friday, May 2nd. Four research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus target price of $30.36.

Zeta Global Stock Performance

Shares of ZETA stock traded down $0.11 during trading hours on Friday, hitting $13.83. The company's stock had a trading volume of 1,488,767 shares, compared to its average volume of 5,325,771. The company has a 50 day moving average of $13.28 and a 200 day moving average of $18.37. The stock has a market cap of $3.26 billion, a PE ratio of -19.76, a price-to-earnings-growth ratio of 1.65 and a beta of 1.29. The company has a current ratio of 3.32, a quick ratio of 3.32 and a debt-to-equity ratio of 0.41. Zeta Global Holdings Corp. has a 12-month low of $10.69 and a 12-month high of $38.20.

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.