298,900 Shares in Zeta Global Holdings Corp. (NYSE:ZETA) Bought by Wilson Asset Management International PTY Ltd.

Wilson Asset Management International PTY Ltd. acquired a new stake in Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) in the 1st quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor acquired 298,900 shares of the company's stock, valued at approximately $4,053,000. Zeta Global accounts for about 1.1% of Wilson Asset Management International PTY Ltd.'s holdings, making the stock its 27th biggest position. Wilson Asset Management International PTY Ltd. owned about 0.13% of Zeta Global at the end of the most recent reporting period.

Several other large investors also recently made changes to their positions in the business. Optiver Holding B.V. grew its holdings in shares of 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 acquiring an additional 532 shares during the last quarter. Summit Investment Advisors Inc. increased its stake in Zeta Global by 3.3% in the 4th quarter. Summit Investment Advisors Inc. now owns 18,698 shares of the company's stock worth $336,000 after purchasing an additional 592 shares in the last quarter. Coppell Advisory Solutions LLC raised its holdings in Zeta Global by 244.1% during the 4th quarter. Coppell Advisory Solutions LLC now owns 1,693 shares of the company's stock worth $31,000 after buying an additional 1,201 shares during the period. Xponance Inc. raised its holdings in Zeta Global by 10.9% during the 4th quarter. Xponance Inc. now owns 13,897 shares of the company's stock worth $250,000 after buying an additional 1,365 shares during the period. Finally, Rakuten Securities Inc. purchased a new stake in Zeta Global during the fourth quarter valued at about $27,000. Institutional investors own 87.75% of the company's stock.

Zeta Global Stock Up 0.1%

ZETA stock traded up $0.02 during mid-day trading on Wednesday, hitting $15.16. The stock had a trading volume of 7,555,674 shares, compared to its average volume of 5,955,539. Zeta Global Holdings Corp. has a 1-year low of $10.69 and a 1-year high of $38.20. The company has a fifty day moving average of $13.63 and a 200 day moving average of $15.83. 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 stock has a market capitalization of $3.57 billion, a price-to-earnings ratio of -52.27, a PEG ratio of 34.09 and a beta of 1.29.

Analyst Upgrades and Downgrades

Several research analysts have recently weighed in on the stock. B. Riley dropped their target price on shares of Zeta Global from $44.00 to $29.00 and set a "buy" rating on the stock in a research report on Tuesday, April 22nd. DA Davidson lowered their price objective on shares of Zeta Global from $42.00 to $25.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. Royal Bank Of Canada cut their target price on shares of Zeta Global from $40.00 to $30.00 and set an "outperform" rating on the stock in a research note on Monday, April 28th. Morgan Stanley reduced their target price on Zeta Global from $25.00 to $15.00 and set an "equal weight" rating for the company in a report on Wednesday, April 16th. Finally, Truist Financial lowered their price target on Zeta Global from $42.00 to $34.00 and set a "buy" rating on the stock in a report on Wednesday, April 16th. Four analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat.com, Zeta Global presently has an average 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.