200,000 Shares in Zeta Global Holdings Corp. (NYSE:ZETA) Purchased by Diker Management LLC

Diker Management LLC purchased a new stake in Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 200,000 shares of the company's stock, valued at approximately $3,598,000. Zeta Global comprises about 3.1% of Diker Management LLC's investment portfolio, making the stock its 6th biggest position. Diker Management LLC owned about 0.08% of Zeta Global at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Vanguard Group Inc. raised its holdings in shares of Zeta Global by 2.3% during the 4th quarter. Vanguard Group Inc. now owns 22,177,591 shares of the company's stock worth $398,975,000 after acquiring an additional 489,499 shares during the period. Renaissance Technologies LLC raised its stake in Zeta Global by 98.8% during the fourth quarter. Renaissance Technologies LLC now owns 4,719,762 shares of the company's stock worth $84,909,000 after purchasing an additional 2,345,562 shares during the period. Geode Capital Management LLC boosted its holdings in Zeta Global by 7.2% in the 4th quarter. Geode Capital Management LLC now owns 4,573,271 shares of the company's stock valued at $82,470,000 after purchasing an additional 306,592 shares during the last quarter. Arrowstreet Capital Limited Partnership increased its holdings in shares of Zeta Global by 119.1% during the 4th quarter. Arrowstreet Capital Limited Partnership now owns 4,129,255 shares of the company's stock worth $74,285,000 after buying an additional 2,244,953 shares during the last quarter. Finally, Norges Bank purchased a new stake in shares of Zeta Global during the 4th quarter valued at approximately $43,236,000. Institutional investors and hedge funds own 87.75% of the company's stock.

Analyst Ratings Changes

Several brokerages have weighed in on ZETA. Royal Bank of Canada lowered their target price on shares of Zeta Global from $40.00 to $30.00 and set an "outperform" rating for the company in a research note on Monday, April 28th. Truist Financial cut their target price on Zeta Global from $42.00 to $34.00 and set a "buy" rating on the stock in a research report on Wednesday, April 16th. Needham & Company LLC dropped their price objective on Zeta Global from $43.00 to $25.00 and set a "buy" rating for the company in a research note on Friday, May 2nd. B. Riley lowered their target price on Zeta Global from $44.00 to $29.00 and set a "buy" rating for the company in a report on Tuesday, April 22nd. Finally, Morgan Stanley dropped their target price on Zeta Global from $25.00 to $15.00 and set an "equal weight" rating for the company in a research report on Wednesday, April 16th. Four research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company's stock. According to data from MarketBeat, the company presently has an average rating of "Moderate Buy" and an average price target of $30.36.

Zeta Global Stock Performance

NYSE ZETA traded up $0.04 during trading on Friday, reaching $13.35. The company's stock had a trading volume of 2,886,063 shares, compared to its average volume of 5,328,441. Zeta Global Holdings Corp. has a twelve month low of $10.69 and a twelve month high of $38.20. The firm has a market cap of $3.17 billion, a price-to-earnings ratio of -19.07, a P/E/G ratio of 1.65 and a beta of 1.29. The business's fifty day moving average price is $13.39 and its 200-day moving average price is $18.65. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.32 and a current ratio of 3.32.

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.