Neo Ivy Capital Management Buys Shares of 188,130 Zeta Global Holdings Corp. (NYSE:ZETA)

Neo Ivy Capital Management bought a new stake in shares of Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) in the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund bought 188,130 shares of the company's stock, valued at approximately $3,384,000. Neo Ivy Capital Management owned 0.08% of Zeta Global as of its most recent SEC filing.

Several other institutional investors and hedge funds have also recently bought and sold shares of ZETA. JT Stratford LLC bought a new position in Zeta Global in the 4th quarter valued at about $245,000. Two Sigma Advisers LP acquired a new stake in shares of Zeta Global in the 4th quarter worth approximately $32,571,000. Two Sigma Investments LP boosted its holdings in shares of Zeta Global by 1,240.8% in the fourth quarter. Two Sigma Investments LP now owns 1,847,443 shares of the company's stock valued at $33,236,000 after acquiring an additional 1,709,654 shares in the last quarter. Teza Capital Management LLC acquired a new position in shares of Zeta Global during the fourth quarter valued at approximately $219,000. Finally, Toronto Dominion Bank bought a new stake in Zeta Global during the fourth quarter worth approximately $1,351,000. Institutional investors own 87.75% of the company's stock.

Zeta Global Stock Down 1.1%

NYSE:ZETA traded down $0.15 during trading hours on Wednesday, hitting $13.42. 1,052,380 shares of the company's stock traded hands, compared to its average volume of 5,332,116. 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 $3.16 billion, a P/E ratio of -19.16, 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 quick ratio of 3.32 and a current ratio of 3.32. The stock's fifty day moving average price is $13.16 and its two-hundred day moving average price is $17.36.

Wall Street Analysts Forecast Growth

A number of equities analysts have issued reports on the company. Morgan Stanley decreased their price target on Zeta Global from $25.00 to $15.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 16th. William Blair reaffirmed an "outperform" rating on shares of Zeta Global in a research note on Wednesday, February 26th. DA Davidson lowered their target price on Zeta Global from $42.00 to $25.00 and set a "buy" rating on the stock in a report on Monday, April 14th. The Goldman Sachs Group cut their price target on shares of Zeta Global from $27.00 to $16.00 and set a "neutral" rating for the company in a report on Monday, May 5th. Finally, Truist Financial lowered their price objective on shares of Zeta Global from $42.00 to $34.00 and set a "buy" rating on the stock in a research note 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. Based on data from MarketBeat.com, the stock currently has a consensus 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.