Zeta Global Holdings Corp. (NYSE:ZETA) Shares Sold by Lisanti Capital Growth LLC

Lisanti Capital Growth LLC decreased its stake in Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 79.5% in the first quarter, according to the company in its most recent 13F filing with the SEC. The firm owned 61,400 shares of the company's stock after selling 238,465 shares during the quarter. Lisanti Capital Growth LLC's holdings in Zeta Global were worth $833,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds also recently bought and sold shares of the company. Optiver Holding B.V. raised its holdings in shares of Zeta Global by 60.9% in the fourth quarter. Optiver Holding B.V. now owns 1,406 shares of the company's stock worth $25,000 after buying an additional 532 shares during the period. Rakuten Securities Inc. purchased a new stake in Zeta Global in the fourth quarter worth $27,000. Coppell Advisory Solutions LLC increased its stake 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. SBI Securities Co. Ltd. bought a new stake in shares of Zeta Global during the fourth quarter worth $33,000. Finally, Point72 Hong Kong Ltd purchased a new stake in shares of Zeta Global during the fourth quarter valued at $33,000. 87.75% of the stock is owned by hedge funds and other institutional investors.

Zeta Global Price Performance

Shares of NYSE ZETA traded up $0.02 during midday trading on Wednesday, hitting $15.16. The stock had a trading volume of 7,539,830 shares, compared to its average volume of 5,955,411. The company has a quick ratio of 3.33, a current ratio of 3.33 and a debt-to-equity ratio of 0.29. The stock has a 50 day simple moving average of $13.63 and a 200-day simple moving average of $15.83. The company has a market capitalization of $3.57 billion, a PE ratio of -52.27, a P/E/G ratio of 34.09 and a beta of 1.29. Zeta Global Holdings Corp. has a 1 year low of $10.69 and a 1 year high of $38.20.

Analysts Set New Price Targets

A number of equities research analysts have weighed in on the company. The Goldman Sachs Group decreased their target price on Zeta Global from $27.00 to $16.00 and set a "neutral" rating for the company in a research report on Monday, May 5th. B. Riley cut their price target on shares of Zeta Global from $44.00 to $29.00 and set a "buy" rating on the stock in a report on Tuesday, April 22nd. Canaccord Genuity Group decreased their price objective on shares of Zeta Global from $28.00 to $26.00 and set a "buy" rating for the company in a research report on Friday, May 2nd. DA Davidson lowered their price target on Zeta Global from $42.00 to $25.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Finally, Morgan Stanley dropped their price objective on shares of Zeta Global from $25.00 to $15.00 and set an "equal weight" rating on the stock in a 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. Based on data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and an average price target of $30.36.

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.