Two Sigma Investments LP Has $33.24 Million Holdings in Zeta Global Holdings Corp. (NYSE:ZETA)

Two Sigma Investments LP raised its stake in shares of Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 1,240.8% in the 4th quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The fund owned 1,847,443 shares of the company's stock after purchasing an additional 1,709,654 shares during the period. Two Sigma Investments LP owned 0.78% of Zeta Global worth $33,236,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors have also added to or reduced their stakes in the company. Optiver Holding B.V. raised its position in Zeta Global by 60.9% in the 4th quarter. Optiver Holding B.V. now owns 1,406 shares of the company's stock worth $25,000 after purchasing an additional 532 shares during the period. Rakuten Securities Inc. purchased a new stake in shares of Zeta Global in the 4th quarter worth approximately $27,000. Coppell Advisory Solutions LLC boosted its position in Zeta Global by 244.1% during the 4th quarter. Coppell Advisory Solutions LLC now owns 1,693 shares of the company's stock valued at $31,000 after acquiring an additional 1,201 shares in the last quarter. SBI Securities Co. Ltd. bought a new position in Zeta Global in the fourth quarter worth about $33,000. Finally, Point72 Hong Kong Ltd purchased a new stake in Zeta Global during the fourth quarter valued at approximately $33,000. Hedge funds and other institutional investors own 87.75% of the company's stock.

Zeta Global Stock Down 1.4%

NYSE ZETA traded down $0.18 during trading on Friday, reaching $13.09. The company's stock had a trading volume of 2,589,167 shares, compared to its average volume of 5,342,454. The stock has a market capitalization of $3.08 billion, a PE ratio of -18.70, a PEG ratio of 1.65 and a beta of 1.29. The company has a current ratio of 3.32, a quick ratio of 3.32 and a debt-to-equity ratio of 0.41. The business has a 50-day moving average price of $13.22 and a 200-day moving average price of $17.87. Zeta Global Holdings Corp. has a 1-year low of $10.69 and a 1-year high of $38.20.

Analysts Set New Price Targets

ZETA has been the topic of several research analyst reports. Canaccord Genuity Group dropped their price target 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 restated an "outperform" rating on shares of Zeta Global in a research report on Wednesday, February 26th. B. Riley cut their price objective on shares of Zeta Global from $44.00 to $29.00 and set a "buy" rating for the company in a report on Tuesday, April 22nd. Needham & Company LLC reduced their target price on shares of Zeta Global from $43.00 to $25.00 and set a "buy" rating on the stock in a research note on Friday, May 2nd. Finally, Royal Bank of Canada decreased their price objective on shares of Zeta Global from $40.00 to $30.00 and set an "outperform" rating on the stock in a report on Monday, April 28th. Four equities research analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the company's stock. According to data from MarketBeat, Zeta Global presently has a consensus rating of "Moderate Buy" and a consensus price target 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.