SOA Wealth Advisors LLC. Has $1.27 Million Stock Holdings in Zeta Global Holdings Corp. $ZETA

Key Points

• SOA Wealth Advisors LLC reduced its holdings in Zeta Global Holdings Corp. by 26.1%, now owning 81,725 shares valued at approximately $1.27 million.
• Several institutional investors increased their stakes in Zeta Global, with significant growth reported by Quarry LP, CWM LLC, and AlphaQuest LLC during the first quarter.
• Analysts have positive ratings for Zeta Global, with an average price target of $29.38 and multiple firms upgrading their ratings to "buy."

SOA Wealth Advisors LLC. reduced its position in shares of Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 26.1% during the 2nd quarter, according to the company in its most recent Form 13F filing with the Securities and Exchange Commission. The fund owned 81,725 shares of the company's stock after selling 28,930 shares during the period. SOA Wealth Advisors LLC.'s holdings in Zeta Global were worth $1,266,000 as of its most recent filing with the Securities and Exchange Commission.

Several other institutional investors and hedge funds also recently made changes to their positions in ZETA. Bartlett & CO. Wealth Management LLC bought a new stake in Zeta Global during the 1st quarter worth approximately $27,000. Quarry LP lifted its holdings in shares of Zeta Global by 963.9% during the first quarter. Quarry LP now owns 2,181 shares of the company's stock worth $30,000 after purchasing an additional 1,976 shares during the period. Banque Cantonale Vaudoise acquired a new position in shares of Zeta Global during the first quarter worth $32,000. CWM LLC grew its stake in shares of Zeta Global by 44.5% in the first quarter. CWM LLC now owns 4,106 shares of the company's stock worth $56,000 after purchasing an additional 1,264 shares during the last quarter. Finally, AlphaQuest LLC increased its holdings in Zeta Global by 261.1% in the first quarter. AlphaQuest LLC now owns 4,463 shares of the company's stock valued at $61,000 after purchasing an additional 3,227 shares during the period. Institutional investors and hedge funds own 87.75% of the company's stock.

Analyst Ratings Changes

A number of equities research analysts have commented on ZETA shares. William Blair reiterated an "outperform" rating on shares of Zeta Global in a research report on Wednesday. The Goldman Sachs Group lifted their price objective on Zeta Global from $16.00 to $18.00 and gave the stock a "neutral" rating in a research note on Thursday, August 7th. Morgan Stanley increased their target price on shares of Zeta Global from $15.00 to $20.00 and gave the company an "equal weight" rating in a research report on Wednesday, August 6th. Wall Street Zen upgraded shares of Zeta Global from a "hold" rating to a "buy" rating in a research report on Saturday, September 20th. Finally, Canaccord Genuity Group increased their price objective on shares of Zeta Global from $28.00 to $30.00 and gave the stock a "buy" rating in a research report on Wednesday. Ten equities research analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company. Based on data from MarketBeat.com, Zeta Global currently has an average rating of "Moderate Buy" and an average price target of $29.38.

Zeta Global Trading Up 0.7%

NYSE:ZETA opened at $20.01 on Thursday. Zeta Global Holdings Corp. has a 12 month low of $10.69 and a 12 month high of $38.20. The company has a current ratio of 3.25, a quick ratio of 3.25 and a debt-to-equity ratio of 0.29. The stock has a market capitalization of $4.76 billion, a price-to-earnings ratio of -105.29 and a beta of 1.29. The firm has a fifty day simple moving average of $18.94 and a two-hundred day simple moving average of $15.52.

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.

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