201,690 Shares in Zeta Global Holdings Corp. (NYSE:ZETA) Purchased by Cavalier Investments LLC

Cavalier Investments LLC acquired a new stake in shares of Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 201,690 shares of the company's stock, valued at approximately $2,735,000. Cavalier Investments LLC owned about 0.08% of Zeta Global as of its most recent filing with the Securities and Exchange Commission (SEC).

Other hedge funds and other institutional investors have also added to or reduced their stakes in the company. Vanguard Group Inc. lifted its stake in Zeta Global by 2.3% in the 4th quarter. Vanguard Group Inc. now owns 22,177,591 shares of the company's stock worth $398,975,000 after purchasing an additional 489,499 shares in the last quarter. Renaissance Technologies LLC grew its holdings in shares of Zeta Global by 98.8% in 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 last quarter. Geode Capital Management LLC increased its stake in shares of Zeta Global by 7.2% during the fourth quarter. Geode Capital Management LLC now owns 4,573,271 shares of the company's stock valued at $82,470,000 after buying an additional 306,592 shares during the period. Arrowstreet Capital Limited Partnership lifted its holdings in Zeta Global by 119.1% during the fourth 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 period. Finally, Jacobs Levy Equity Management Inc. bought a new stake in shares of Zeta Global in the 4th quarter valued at about $51,042,000. 87.75% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research firms recently commented on ZETA. Needham & Company LLC dropped their price target on shares of Zeta Global from $43.00 to $25.00 and set a "buy" rating on the stock in a research report on Friday, May 2nd. Canaccord Genuity Group lowered their target price on Zeta Global from $28.00 to $26.00 and set a "buy" rating on the stock in a research note on Friday, May 2nd. B. Riley reduced their price objective on shares of Zeta Global from $44.00 to $29.00 and set a "buy" rating on the stock in a research note on Tuesday, April 22nd. Truist Financial lowered their price objective on Zeta Global from $42.00 to $34.00 and set a "buy" rating for the company in a research note on Wednesday, April 16th. Finally, Barclays decreased their price target on shares of Zeta Global from $32.00 to $18.00 and set an "equal weight" rating for the company in a report on Thursday, February 27th. Four research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the company. According to MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $30.36.

Zeta Global Stock Up 2.1%

Shares of NYSE:ZETA opened at $15.34 on Friday. The company has a market cap of $3.61 billion, a price-to-earnings ratio of -52.89, a PEG ratio of 33.06 and a beta of 1.25. The company has a 50-day moving average price of $13.39 and a 200 day moving average price of $16.00. Zeta Global Holdings Corp. has a 12 month low of $10.69 and a 12 month high of $38.20. The company has a current ratio of 3.33, a quick ratio of 3.33 and a debt-to-equity ratio of 0.29.

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.

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