213,000 Shares in Zeta Global Holdings Corp. (NYSE:ZETA) Bought by California First Leasing Corp

California First Leasing Corp purchased a new stake in shares of Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) during the first quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 213,000 shares of the company's stock, valued at approximately $2,888,000. Zeta Global comprises approximately 1.3% of California First Leasing Corp's holdings, making the stock its 27th largest holding. California First Leasing Corp owned 0.09% 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 made changes to their positions in the company. Optiver Holding B.V. lifted its stake 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 acquiring an additional 532 shares during the period. Summit Investment Advisors Inc. lifted its position in Zeta Global by 3.3% in the fourth quarter. Summit Investment Advisors Inc. now owns 18,698 shares of the company's stock worth $336,000 after purchasing an additional 592 shares during the period. Coppell Advisory Solutions LLC lifted its position in Zeta Global by 244.1% in the fourth 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. Xponance Inc. boosted its stake in Zeta Global by 10.9% during the 4th quarter. Xponance Inc. now owns 13,897 shares of the company's stock valued at $250,000 after purchasing an additional 1,365 shares in the last quarter. Finally, Rakuten Securities Inc. acquired a new position in shares of Zeta Global during the 4th quarter valued at $27,000. 87.75% of the stock is currently owned by institutional investors and hedge funds.

Wall Street Analyst Weigh In

Several analysts have recently weighed in on the company. B. Riley cut their price objective on Zeta Global from $44.00 to $29.00 and set a "buy" rating for the company in a report on Tuesday, April 22nd. Morgan Stanley decreased their target price on shares of Zeta Global from $25.00 to $15.00 and set an "equal weight" rating for the company in a report on Wednesday, April 16th. Canaccord Genuity Group reduced their price objective on Zeta Global from $28.00 to $26.00 and set a "buy" rating for the company in a research note on Friday, May 2nd. Needham & Company LLC dropped their target price on Zeta Global from $43.00 to $25.00 and set a "buy" rating on the stock in a report on Friday, May 2nd. Finally, The Goldman Sachs Group decreased 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. Four research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. Based on data from MarketBeat, the company currently has a consensus rating of "Moderate Buy" and an average target price of $30.36.

Zeta Global Stock Performance

Shares of ZETA stock traded down $0.55 during trading on Monday, reaching $14.90. The company had a trading volume of 9,196,523 shares, compared to its average volume of 6,018,378. The firm's 50 day simple moving average is $13.80 and its two-hundred day simple moving average is $15.70. Zeta Global Holdings Corp. has a one year low of $10.69 and a one year high of $38.20. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.33 and a quick ratio of 3.33. The company has a market capitalization of $3.51 billion, a PE ratio of -51.38, a PEG ratio of 34.00 and a beta of 1.29.

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.