Zeta Global Holdings Corp. (NYSE:ZETA) Shares Sold by Stratos Wealth Partners LTD.

Stratos Wealth Partners LTD. trimmed its position in shares of Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 52.5% in the 1st quarter, according to its most recent disclosure with the SEC. The institutional investor owned 25,523 shares of the company's stock after selling 28,248 shares during the quarter. Stratos Wealth Partners LTD.'s holdings in Zeta Global were worth $346,000 as of its most recent filing with the SEC.

Several other large investors have also recently made changes to their positions in ZETA. Optiver Holding B.V. increased its position in shares of 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. Bartlett & CO. Wealth Management LLC purchased a new stake in shares of Zeta Global during the first quarter worth approximately $27,000. Coppell Advisory Solutions LLC increased its position in shares of 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. Point72 Hong Kong Ltd purchased a new stake in shares of Zeta Global during the fourth quarter worth approximately $33,000. Finally, Heck Capital Advisors LLC purchased a new stake in shares of Zeta Global during the fourth quarter worth approximately $66,000. 87.75% of the stock is currently owned by hedge funds and other institutional investors.

Zeta Global Trading Up 5.6%

ZETA traded up $0.83 during mid-day trading on Thursday, hitting $15.80. 10,016,962 shares of the stock were exchanged, compared to its average volume of 6,192,356. The firm's fifty day moving average is $14.01 and its two-hundred day moving average is $15.52. Zeta Global Holdings Corp. has a 1-year low of $10.69 and a 1-year high of $38.20. The company has a current ratio of 3.33, a quick ratio of 3.33 and a debt-to-equity ratio of 0.29. The company has a market cap of $3.72 billion, a PE ratio of -54.42, a PEG ratio of 30.90 and a beta of 1.29.

Analysts Set New Price Targets

ZETA has been the subject of several analyst reports. Truist Financial dropped their target price on Zeta Global from $42.00 to $34.00 and set a "buy" rating for the company in a report on Wednesday, April 16th. Needham & Company LLC dropped their target price on Zeta Global from $43.00 to $25.00 and set a "buy" rating for the company in a report on Friday, May 2nd. Canaccord Genuity Group dropped their target price on Zeta Global from $28.00 to $26.00 and set a "buy" rating for the company in a report on Friday, May 2nd. The Goldman Sachs Group dropped their target price on Zeta Global from $27.00 to $16.00 and set a "neutral" rating for the company in a report on Monday, May 5th. Finally, B. Riley dropped their target price on Zeta Global from $44.00 to $29.00 and set a "buy" rating for the company in a report on Tuesday, April 22nd. Four analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $30.36.

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.