1,810,500 Shares in Zeta Global Holdings Corp. (NYSE:ZETA) Purchased by Two Sigma Advisers LP

Two Sigma Advisers LP purchased a new position in Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) during the fourth quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 1,810,500 shares of the company's stock, valued at approximately $32,571,000. Two Sigma Advisers LP owned approximately 0.76% of Zeta Global as of its most recent SEC filing.

A number of other institutional investors have also recently modified their holdings of the stock. Hodges Capital Management Inc. raised its stake in Zeta Global by 163.1% during the 4th quarter. Hodges Capital Management Inc. now owns 433,473 shares of the company's stock valued at $7,798,000 after buying an additional 268,710 shares during the last quarter. Barclays PLC lifted its stake in Zeta Global by 36.4% in the 3rd quarter. Barclays PLC now owns 420,518 shares of the company's stock worth $12,544,000 after purchasing an additional 112,238 shares in the last quarter. Janney Montgomery Scott LLC increased its position in Zeta Global by 273.1% in the fourth quarter. Janney Montgomery Scott LLC now owns 77,745 shares of the company's stock worth $1,399,000 after purchasing an additional 56,910 shares during the last quarter. Janney Capital Management LLC bought a new stake in shares of Zeta Global in the 4th quarter valued at approximately $355,000. Finally, Stephens Investment Management Group LLC increased its position in Zeta Global by 219.5% during the fourth quarter. Stephens Investment Management Group LLC now owns 822,157 shares of the company's stock valued at $14,791,000 after acquiring an additional 564,830 shares during the last quarter. 87.75% of the stock is owned by hedge funds and other institutional investors.

Analyst Upgrades and Downgrades

ZETA has been the subject of a number of research reports. Barclays lowered their price target on Zeta Global from $32.00 to $18.00 and set an "equal weight" rating for the company in a report on Thursday, February 27th. Truist Financial dropped their target price on Zeta Global from $42.00 to $34.00 and set a "buy" rating on the stock in a research report on Wednesday, April 16th. Royal Bank of Canada decreased their price target on shares of Zeta Global from $40.00 to $30.00 and set an "outperform" rating for the company in a research report on Monday, April 28th. Morgan Stanley lowered their target price on shares of Zeta Global from $25.00 to $15.00 and set an "equal weight" rating for the company in a research note on Wednesday, April 16th. Finally, William Blair restated an "outperform" rating on shares of Zeta Global in a research note on Wednesday, February 26th. Four equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has an average rating of "Moderate Buy" and an average target price of $30.36.

Zeta Global Price Performance

Shares of ZETA stock traded down $0.18 during mid-day trading on Monday, hitting $13.09. 2,589,167 shares of the stock were exchanged, compared to its average volume of 5,356,724. The company has a quick ratio of 3.32, a current ratio of 3.32 and a debt-to-equity ratio of 0.41. Zeta Global Holdings Corp. has a 52-week low of $10.69 and a 52-week high of $38.20. The firm has a fifty day moving average of $13.20 and a 200 day moving average of $17.55. The company has a market cap of $3.08 billion, a PE ratio of -18.70, a price-to-earnings-growth ratio of 1.65 and a beta of 1.29.

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.