Apollon Wealth Management LLC Purchases Shares of 14,852 Zeta Global Holdings Corp. $ZETA

Key Points

• Apollon Wealth Management LLC acquired a new position in Zeta Global Holdings Corp., purchasing 14,852 shares valued at approximately $230,000 during the second quarter.
• Several brokerages have recently upgraded their ratings for Zeta Global, with Bank of America increasing the price target from $20.00 to $24.00 and assigning a "buy" rating.
• Zeta Global's stock opened at $17.84 and has experienced a 12-month high of $38.20 and a low of $10.69, indicating volatility in its market performance.

Apollon Wealth Management LLC purchased a new position in shares of Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) during the second quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 14,852 shares of the company's stock, valued at approximately $230,000.

Several other institutional investors also recently modified their holdings of ZETA. Bartlett & CO. Wealth Management LLC acquired a new stake in Zeta Global in the first quarter valued at $27,000. Quarry LP grew its position in shares of Zeta Global by 963.9% in the 1st quarter. Quarry LP now owns 2,181 shares of the company's stock valued at $30,000 after buying an additional 1,976 shares during the last quarter. Banque Cantonale Vaudoise acquired a new stake in shares of Zeta Global in the first quarter valued at about $32,000. CWM LLC increased its stake in shares of Zeta Global by 44.5% in the first quarter. CWM LLC now owns 4,106 shares of the company's stock valued at $56,000 after buying an additional 1,264 shares during the period. Finally, AlphaQuest LLC raised its position in shares of Zeta Global by 261.1% during the first quarter. AlphaQuest LLC now owns 4,463 shares of the company's stock worth $61,000 after acquiring an additional 3,227 shares during the last quarter. Institutional investors own 87.75% of the company's stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on ZETA. Zacks Research upgraded Zeta Global from a "strong sell" rating to a "hold" rating in a report on Wednesday, August 27th. Bank of America upped their price objective on shares of Zeta Global from $20.00 to $24.00 and gave the company a "buy" rating in a research note on Wednesday, August 6th. William Blair reiterated an "outperform" rating on shares of Zeta Global in a research report on Wednesday, October 1st. Weiss Ratings reissued a "sell (d-)" rating on shares of Zeta Global in a research note on Wednesday, October 8th. Finally, Canaccord Genuity Group upped their price target on shares of Zeta Global from $28.00 to $30.00 and gave the company a "buy" rating in a research report on Wednesday, October 1st. Ten research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the company currently has an average rating of "Moderate Buy" and an average target price of $29.54.

Zeta Global Stock Down 2.1%

Shares of NYSE ZETA opened at $17.84 on Friday. The company has a quick ratio of 3.25, a current ratio of 3.25 and a debt-to-equity ratio of 0.29. The firm has a market cap of $4.25 billion, a PE ratio of -93.92 and a beta of 1.29. The company's fifty day simple moving average is $19.53 and its 200 day simple moving average is $15.91. Zeta Global Holdings Corp. has a 12-month low of $10.69 and a 12-month high of $38.20.

About Zeta Global

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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