Stephens Investment Management Group LLC Raises Stock Holdings in Zeta Global Holdings Corp. $ZETA

Stephens Investment Management Group LLC lifted its holdings in shares of Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 15.6% in the second quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund owned 935,102 shares of the company's stock after acquiring an additional 126,216 shares during the quarter. Stephens Investment Management Group LLC owned 0.40% of Zeta Global worth $14,485,000 at the end of the most recent quarter.

Other institutional investors and hedge funds also recently modified their holdings of the company. Bartlett & CO. Wealth Management LLC purchased a new stake in Zeta Global in the first quarter worth $27,000. Quarry LP increased its position in Zeta Global by 963.9% in the first quarter. Quarry LP now owns 2,181 shares of the company's stock worth $30,000 after buying an additional 1,976 shares during the last quarter. Banque Cantonale Vaudoise purchased a new stake in Zeta Global in the first quarter worth $32,000. CWM LLC increased its position in 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 buying an additional 1,264 shares during the last quarter. Finally, AlphaQuest LLC increased its position in Zeta Global by 261.1% in the first quarter. AlphaQuest LLC now owns 4,463 shares of the company's stock worth $61,000 after buying an additional 3,227 shares during the last quarter. 87.75% of the stock is owned by hedge funds and other institutional investors.

Zeta Global Price Performance

NYSE:ZETA opened at $18.45 on Thursday. The company has a debt-to-equity ratio of 0.29, a quick ratio of 3.25 and a current ratio of 3.25. The stock has a fifty day moving average of $19.57 and a 200 day moving average of $16.02. Zeta Global Holdings Corp. has a 52-week low of $10.69 and a 52-week high of $38.20. The firm has a market capitalization of $4.39 billion, a price-to-earnings ratio of -97.08 and a beta of 1.29.

Analyst Upgrades and Downgrades

Several equities analysts have recently weighed in on ZETA shares. William Blair reiterated an "outperform" rating on shares of Zeta Global in a research report on Wednesday, October 1st. Zacks Research upgraded Zeta Global from a "strong sell" rating to a "hold" rating in a research report on Wednesday, August 27th. Weiss Ratings reiterated a "sell (d-)" rating on shares of Zeta Global in a research report on Wednesday, October 8th. Truist Financial lifted their price target on Zeta Global from $34.00 to $36.00 and gave the company a "buy" rating in a research report on Thursday, October 9th. Finally, The Goldman Sachs Group lifted their price objective on Zeta Global from $16.00 to $18.00 and gave the company a "neutral" rating in a research note on Thursday, August 7th. Ten equities research analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock presently has an average rating of "Moderate Buy" and a consensus target price of $28.67.

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.

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