Zeta Global Holdings Corp. (NYSE:ZETA) Shares Sold by Nuveen Asset Management LLC

Nuveen Asset Management LLC reduced its position in shares of Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 4.5% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,214,140 shares of the company's stock after selling 103,176 shares during the period. Nuveen Asset Management LLC owned approximately 0.93% of Zeta Global worth $39,832,000 as of its most recent SEC filing.

Other large investors have also recently added to or reduced their stakes in the company. Optiver Holding B.V. raised its holdings in Zeta Global by 60.9% during the fourth quarter. Optiver Holding B.V. now owns 1,406 shares of the company's stock worth $25,000 after purchasing an additional 532 shares in the last quarter. Rakuten Securities Inc. purchased a new position in Zeta Global during the fourth quarter worth about $27,000. Coppell Advisory Solutions LLC raised its holdings in Zeta Global by 244.1% during 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 in the last quarter. SBI Securities Co. Ltd. purchased a new position in Zeta Global during the fourth quarter worth about $33,000. Finally, Heck Capital Advisors LLC purchased a new position in Zeta Global during the fourth quarter worth about $66,000. 87.75% of the stock is owned by hedge funds and other institutional investors.

Zeta Global Price Performance

Shares of ZETA traded down $0.18 during mid-day trading on Monday, reaching $13.09. 2,589,167 shares of the company's stock were exchanged, compared to its average volume of 5,356,724. The company has a quick ratio of 3.32, a current ratio of 3.32 and a debt-to-equity ratio of 0.41. The company has a 50-day simple moving average of $13.18 and a two-hundred day simple moving average of $17.39. Zeta Global Holdings Corp. has a 52-week low of $10.69 and a 52-week high of $38.20. The company has a market cap of $3.08 billion, a price-to-earnings ratio of -18.70, a PEG ratio of 1.65 and a beta of 1.29.

Analysts Set New Price Targets

Several research analysts recently issued reports on ZETA shares. Canaccord Genuity Group cut their price target on shares of Zeta Global from $28.00 to $26.00 and set a "buy" rating for the company in a report on Friday, May 2nd. DA Davidson dropped their target price on shares of Zeta Global from $42.00 to $25.00 and set a "buy" rating for the company in a report on Monday, April 14th. Royal Bank of Canada dropped their target price on shares of Zeta Global from $40.00 to $30.00 and set an "outperform" rating for the company in a report on Monday, April 28th. William Blair reaffirmed an "outperform" rating on shares of Zeta Global in a report on Wednesday, February 26th. Finally, Barclays dropped their target price 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 equities research analysts have rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to MarketBeat, Zeta Global has a consensus rating of "Moderate Buy" and a consensus target price 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.