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

Silvercrest Asset Management Group LLC lowered its stake in shares of Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 36.1% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 348,424 shares of the company's stock after selling 196,866 shares during the period. Silvercrest Asset Management Group LLC owned 0.15% of Zeta Global worth $6,268,000 as of its most recent SEC filing.

A number of other large investors have also made changes to their positions in ZETA. Barclays PLC boosted its stake in shares of Zeta Global by 36.4% during the third quarter. Barclays PLC now owns 420,518 shares of the company's stock valued at $12,544,000 after acquiring an additional 112,238 shares during the last quarter. Hennion & Walsh Asset Management Inc. boosted its stake in shares of Zeta Global by 53.0% during the fourth quarter. Hennion & Walsh Asset Management Inc. now owns 43,477 shares of the company's stock valued at $782,000 after acquiring an additional 15,068 shares during the last quarter. Janney Capital Management LLC acquired a new stake in shares of Zeta Global during the fourth quarter valued at $355,000. Janney Montgomery Scott LLC boosted its stake in shares of Zeta Global by 273.1% during the fourth quarter. Janney Montgomery Scott LLC now owns 77,745 shares of the company's stock valued at $1,399,000 after acquiring an additional 56,910 shares during the last quarter. Finally, Register Financial Advisors LLC boosted its stake in shares of Zeta Global by 15.8% during the fourth quarter. Register Financial Advisors LLC now owns 11,000 shares of the company's stock valued at $198,000 after acquiring an additional 1,500 shares during the last quarter. Institutional investors and hedge funds own 87.75% of the company's stock.

Wall Street Analysts Forecast Growth

Several equities analysts recently weighed in on ZETA shares. Canaccord Genuity Group reduced their target price on Zeta Global from $28.00 to $26.00 and set a "buy" rating on the stock in a research report on Friday, May 2nd. Truist Financial decreased their price target on Zeta Global from $42.00 to $34.00 and set a "buy" rating on the stock in a research note on Wednesday, April 16th. The Goldman Sachs Group decreased their price target on Zeta Global from $27.00 to $16.00 and set a "neutral" rating on the stock in a research note on Monday, May 5th. Morgan Stanley decreased their price target on Zeta Global from $25.00 to $15.00 and set an "equal weight" rating on the stock in a research note on Wednesday, April 16th. Finally, DA Davidson decreased their price target on Zeta Global from $42.00 to $25.00 and set a "buy" rating on the stock in a research note on Monday, April 14th. Four equities 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, Zeta Global has an average rating of "Moderate Buy" and a consensus price target of $30.36.

Zeta Global Trading Down 1.4%

Shares of NYSE ZETA traded down $0.18 during midday trading on Friday, hitting $13.09. The stock had a trading volume of 2,589,167 shares, compared to its average volume of 5,356,724. The company has a market capitalization of $3.08 billion, a price-to-earnings ratio of -18.70, a PEG ratio of 1.65 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. 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 fifty day moving average price of $13.20 and a 200 day moving average price of $17.66.

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.