Two Sigma Investments LP Purchases 1,709,654 Shares of Zeta Global Holdings Corp. (NYSE:ZETA)

Two Sigma Investments LP increased its position in Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 1,240.8% in the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,847,443 shares of the company's stock after buying an additional 1,709,654 shares during the quarter. Two Sigma Investments LP owned 0.78% of Zeta Global worth $33,236,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Several other institutional investors and hedge funds also recently made changes to their positions in ZETA. Optiver Holding B.V. grew its holdings in Zeta Global by 60.9% during the 4th quarter. Optiver Holding B.V. now owns 1,406 shares of the company's stock worth $25,000 after acquiring an additional 532 shares during the last quarter. Rakuten Securities Inc. acquired a new position in shares of Zeta Global during the fourth quarter worth $27,000. Coppell Advisory Solutions LLC grew its stake in shares of Zeta Global by 244.1% in 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 during the last quarter. SBI Securities Co. Ltd. acquired a new stake in Zeta Global in the fourth quarter valued at $33,000. Finally, Point72 Hong Kong Ltd acquired a new stake in Zeta Global in the fourth quarter valued at $33,000. Institutional investors and hedge funds own 87.75% of the company's stock.

Analyst Upgrades and Downgrades

Several brokerages have commented on ZETA. Needham & Company LLC cut their target price on Zeta Global from $43.00 to $25.00 and set a "buy" rating on the stock in a report on Friday, May 2nd. Canaccord Genuity Group cut their price objective on Zeta Global from $28.00 to $26.00 and set a "buy" rating on the stock in a research note on Friday, May 2nd. William Blair reiterated an "outperform" rating on shares of Zeta Global in a report on Wednesday, February 26th. Truist Financial lowered their price target on shares of Zeta Global from $42.00 to $34.00 and set a "buy" rating for the company in a report on Wednesday, April 16th. Finally, Barclays dropped their price target on shares of Zeta Global from $32.00 to $18.00 and set an "equal weight" rating on the stock in a research report on Thursday, February 27th. Four equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company. According to MarketBeat.com, Zeta Global has an average rating of "Moderate Buy" and a consensus price target of $30.36.

Zeta Global Stock Down 1.4%

Shares of ZETA stock traded down $0.18 on Monday, reaching $13.09. 2,589,167 shares of the company were exchanged, compared to its average volume of 5,356,724. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.32 and a quick ratio of 3.32. The company has a 50-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 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 one year low of $10.69 and a one year high of $38.20.

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.