Voloridge Investment Management LLC Has $18.24 Million Position in Zeta Global Holdings Corp. (NYSE:ZETA)

Voloridge Investment Management LLC decreased its position in Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 32.8% during the fourth quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The firm owned 1,013,915 shares of the company's stock after selling 495,745 shares during the quarter. Voloridge Investment Management LLC owned approximately 0.43% of Zeta Global worth $18,240,000 as of its most recent SEC filing.

A number of other institutional investors and hedge funds have also modified their holdings of ZETA. Barclays PLC boosted its holdings in Zeta Global by 36.4% during the third quarter. Barclays PLC now owns 420,518 shares of the company's stock valued at $12,544,000 after acquiring an additional 112,238 shares during the period. Janney Capital Management LLC bought a new position in Zeta Global in the 4th quarter worth approximately $355,000. Janney Montgomery Scott LLC lifted its holdings in shares of Zeta Global by 273.1% during the fourth quarter. Janney Montgomery Scott LLC now owns 77,745 shares of the company's stock worth $1,399,000 after buying an additional 56,910 shares during the last quarter. Register Financial Advisors LLC boosted its position in shares of Zeta Global by 15.8% in the fourth quarter. Register Financial Advisors LLC now owns 11,000 shares of the company's stock valued at $198,000 after acquiring an additional 1,500 shares during the period. Finally, Blue Trust Inc. grew its stake in shares of Zeta Global by 10.1% in the fourth quarter. Blue Trust Inc. now owns 22,931 shares of the company's stock worth $413,000 after acquiring an additional 2,100 shares during the last quarter. 87.75% of the stock is currently owned by institutional investors and hedge funds.

Zeta Global Price Performance

Zeta Global stock traded up $0.54 on Tuesday, reaching $13.63. The company's stock had a trading volume of 1,684,147 shares, compared to its average volume of 5,386,948. The business's fifty day moving average price is $13.18 and its 200 day moving average price is $17.39. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.32 and a current ratio of 3.32. The company has a market cap of $3.21 billion, a price-to-earnings ratio of -19.47, a PEG ratio of 1.65 and a beta of 1.29. Zeta Global Holdings Corp. has a twelve month low of $10.69 and a twelve month high of $38.20.

Wall Street Analyst Weigh In

A number of brokerages have weighed in on ZETA. The Goldman Sachs Group reduced their price target on shares of Zeta Global from $27.00 to $16.00 and set a "neutral" rating for the company in a report on Monday, May 5th. Needham & Company LLC reduced their price objective on Zeta Global from $43.00 to $25.00 and set a "buy" rating for the company in a research report on Friday, May 2nd. DA Davidson lowered their price objective on Zeta Global from $42.00 to $25.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. B. Riley cut their target price on Zeta Global from $44.00 to $29.00 and set a "buy" rating for the company in a research note on Tuesday, April 22nd. Finally, Canaccord Genuity Group decreased their price target on shares of Zeta Global from $28.00 to $26.00 and set a "buy" rating on the stock in a research note on Friday, May 2nd. Four investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the company's stock. According to MarketBeat, Zeta Global has a consensus rating of "Moderate Buy" and a consensus price target of $30.36.

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.