Zeta Global Holdings Corp. $ZETA Shares Purchased by William Blair Investment Management LLC

William Blair Investment Management LLC lifted its holdings in Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 37.3% during the second quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm owned 1,247,870 shares of the company's stock after acquiring an additional 339,247 shares during the quarter. William Blair Investment Management LLC owned 0.53% of Zeta Global worth $19,330,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors have also recently made changes to their positions in the company. China Universal Asset Management Co. Ltd. increased its stake in shares of Zeta Global by 228.6% in the first quarter. China Universal Asset Management Co. Ltd. now owns 115,000 shares of the company's stock worth $1,559,000 after acquiring an additional 80,000 shares during the period. Summit Creek Advisors LLC increased its stake in shares of Zeta Global by 33.6% in the first quarter. Summit Creek Advisors LLC now owns 1,047,677 shares of the company's stock worth $14,206,000 after acquiring an additional 263,451 shares during the period. Teacher Retirement System of Texas acquired a new stake in shares of Zeta Global in the first quarter worth $360,000. Yong Rong HK Asset Management Ltd acquired a new stake in shares of Zeta Global in the first quarter worth $38,748,000. Finally, Allspring Global Investments Holdings LLC acquired a new stake in shares of Zeta Global in the first quarter worth $162,000. Institutional investors and hedge funds own 87.75% of the company's stock.

Analyst Ratings Changes

ZETA has been the topic of a number of research reports. Weiss Ratings reiterated a "sell (d-)" rating on shares of Zeta Global in a research note on Wednesday, October 8th. Truist Financial raised their price target on shares of Zeta Global from $34.00 to $36.00 and gave the company a "buy" rating in a research report on Thursday, October 9th. Morgan Stanley raised their price target on shares of Zeta Global from $15.00 to $20.00 and gave the company an "equal weight" rating in a research report on Wednesday, August 6th. Canaccord Genuity Group raised their price target on shares of Zeta Global from $28.00 to $30.00 and gave the company a "buy" rating in a research report on Wednesday, October 1st. Finally, Wall Street Zen upgraded shares of Zeta Global from a "hold" rating to a "buy" rating in a research report on Saturday, September 20th. Ten analysts have rated the stock with a Buy rating, five have assigned a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat, the stock has a consensus rating of "Moderate Buy" and an average target price of $29.54.

Zeta Global Stock Down 2.1%

Shares of NYSE ZETA opened at $17.84 on Monday. The company's 50-day simple moving average is $19.53 and its 200-day simple moving average is $15.93. Zeta Global Holdings Corp. has a 52-week low of $10.69 and a 52-week high of $38.20. The firm has a market cap of $4.25 billion, a price-to-earnings ratio of -93.92 and a beta of 1.29. The company has a quick ratio of 3.25, a current ratio of 3.25 and a debt-to-equity ratio of 0.29.

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.

Want to see what other hedge funds are holding ZETA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Zeta Global Holdings Corp. (NYSE:ZETA - Free Report).

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.