Zeta Global Holdings Corp. (NYSE:ZETA) Shares Purchased by Graham Capital Management L.P.

Graham Capital Management L.P. increased its position in shares of Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 657.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 73,986 shares of the company's stock after purchasing an additional 64,218 shares during the period. Graham Capital Management L.P.'s holdings in Zeta Global were worth $1,331,000 as of its most recent SEC filing.

Several other large investors have also recently added to or reduced their stakes in the company. Ensign Peak Advisors Inc raised its holdings in Zeta Global by 199.0% during the fourth quarter. Ensign Peak Advisors Inc now owns 124,100 shares of the company's stock worth $2,233,000 after purchasing an additional 82,600 shares in the last quarter. FORA Capital LLC increased its holdings in Zeta Global by 11.3% in the fourth quarter. FORA Capital LLC now owns 104,670 shares of the company's stock valued at $1,883,000 after buying an additional 10,658 shares in the last quarter. Deutsche Bank AG increased its holdings in Zeta Global by 15.3% in the fourth quarter. Deutsche Bank AG now owns 630,854 shares of the company's stock valued at $11,349,000 after buying an additional 83,913 shares in the last quarter. Diker Management LLC purchased a new position in Zeta Global in the fourth quarter valued at about $3,598,000. Finally, Cetera Investment Advisers purchased a new position in Zeta Global in the fourth quarter valued at about $538,000. 87.75% of the stock is owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

A number of research analysts have issued reports on the stock. Truist Financial dropped their target price 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. Needham & Company LLC dropped their target price on shares of Zeta Global from $43.00 to $25.00 and set a "buy" rating for the company in a report on Friday, May 2nd. DA Davidson dropped their target price on shares of Zeta Global from $42.00 to $25.00 and set a "buy" rating for the company in a report on Monday, April 14th. Royal Bank of Canada dropped their target price on shares of Zeta Global from $40.00 to $30.00 and set an "outperform" rating for the company in a report on Monday, April 28th. Finally, Canaccord Genuity Group dropped their target price on shares of Zeta Global from $28.00 to $26.00 and set a "buy" rating for the company in a report on Friday, May 2nd. Four research analysts have rated the stock with a hold rating and eleven have given a buy rating to the company. According to MarketBeat.com, the company has an average rating of "Moderate Buy" and a consensus target price of $30.36.

Zeta Global Price Performance

Shares of ZETA stock traded down $0.64 during trading hours on Thursday, hitting $13.95. The company's stock had a trading volume of 3,609,620 shares, compared to its average volume of 5,340,875. The business has a fifty day moving average of $13.28 and a 200-day moving average of $18.37. The stock has a market cap of $3.29 billion, a price-to-earnings ratio of -19.93, a P/E/G 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. The company has a current ratio of 3.32, a quick ratio of 3.32 and a debt-to-equity ratio of 0.41.

About Zeta Global

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.