Samjo Management LLC Has $4.23 Million Stock Holdings in Zeta Global Holdings Corp. $ZETA

Key Points

• Samjo Management LLC increased its stake in Zeta Global Holdings Corp. by 32.3%, acquiring a total of 312,100 shares valued at approximately $4.23 million.
• Several institutional investors, including Yong Rong HK Asset Management and Two Sigma Investments, have significantly purchased stakes in Zeta Global, raising the total institutional ownership to 87.75%.
• Analysts have varying price targets for Zeta Global, with a consensus rating of Moderate Buy and an average price target of $30.14.

Samjo Management LLC grew its stake in shares of Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 32.3% in the 1st quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 312,100 shares of the company's stock after purchasing an additional 76,200 shares during the period. Zeta Global comprises about 1.8% of Samjo Management LLC's holdings, making the stock its 20th biggest holding. Samjo Management LLC owned 0.13% of Zeta Global worth $4,232,000 as of its most recent filing with the Securities & Exchange Commission.

A number of other institutional investors have also recently bought and sold shares of the stock. Yong Rong HK Asset Management Ltd purchased a new stake in Zeta Global during the first quarter valued at about $38,748,000. Jacobs Levy Equity Management Inc. purchased a new stake in shares of Zeta Global in the 4th quarter valued at approximately $51,042,000. Nuveen LLC acquired a new position in Zeta Global in the 1st quarter worth approximately $28,152,000. Two Sigma Advisers LP acquired a new position in Zeta Global in the 4th quarter worth approximately $32,571,000. Finally, Two Sigma Investments LP grew its position in Zeta Global by 1,240.8% during the 4th quarter. Two Sigma Investments LP now owns 1,847,443 shares of the company's stock worth $33,236,000 after purchasing an additional 1,709,654 shares in the last quarter. Hedge funds and other institutional investors own 87.75% of the company's stock.

Analysts Set New Price Targets

A number of analysts have recently issued reports on ZETA shares. The Goldman Sachs Group increased their target price on Zeta Global from $16.00 to $18.00 and gave the company a "neutral" rating in a report on Thursday, August 7th. Needham & Company LLC decreased their price objective on Zeta Global from $43.00 to $25.00 and set a "buy" rating for the company in a research report on Friday, May 2nd. Royal Bank Of Canada dropped their target price on Zeta Global from $40.00 to $30.00 and set an "outperform" rating on the stock in a report on Monday, April 28th. Canaccord Genuity Group boosted their price objective on shares of Zeta Global from $26.00 to $28.00 and gave the company a "buy" rating in a research report on Wednesday, August 6th. Finally, Wall Street Zen upgraded shares of Zeta Global from a "hold" rating to a "buy" rating in a report on Saturday, August 9th. Eleven investment analysts have rated the stock with a Buy rating and four have assigned a Hold rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $30.14.

Zeta Global Stock Up 6.9%

ZETA stock opened at $19.5580 on Friday. The firm has a market cap of $4.66 billion, a PE ratio of -102.94 and a beta of 1.28. Zeta Global Holdings Corp. has a 1 year low of $10.69 and a 1 year high of $38.20. The company has a fifty day simple moving average of $16.06 and a 200 day simple moving average of $15.32. The company has a current ratio of 3.25, a quick ratio of 3.25 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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