IHT Wealth Management LLC Acquires Shares of 24,560 Zeta Global Holdings Corp. (NYSE:ZETA)

IHT Wealth Management LLC purchased a new position in shares of Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm purchased 24,560 shares of the company's stock, valued at approximately $442,000.

Other hedge funds and other institutional investors have also bought and sold shares of the company. Tower Research Capital LLC TRC raised its position in Zeta Global by 130.2% during the fourth quarter. Tower Research Capital LLC TRC now owns 8,054 shares of the company's stock valued at $145,000 after purchasing an additional 4,555 shares in the last quarter. MML Investors Services LLC acquired a new stake in shares of Zeta Global in the 4th quarter valued at approximately $1,472,000. MetLife Investment Management LLC grew its holdings in shares of Zeta Global by 6.4% during the 4th quarter. MetLife Investment Management LLC now owns 108,884 shares of the company's stock valued at $1,959,000 after purchasing an additional 6,571 shares during the last quarter. Natixis acquired a new position in Zeta Global during the 4th quarter worth approximately $407,000. Finally, Dimensional Fund Advisors LP lifted its stake in Zeta Global by 708.7% in the 4th quarter. Dimensional Fund Advisors LP now owns 615,810 shares of the company's stock valued at $11,079,000 after purchasing an additional 539,658 shares during the last quarter. Institutional investors and hedge funds own 87.75% of the company's stock.

Wall Street Analysts Forecast Growth

Several research analysts have recently issued reports on the stock. Truist Financial lowered their price target 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. Barclays dropped their target price on Zeta Global from $32.00 to $18.00 and set an "equal weight" rating for the company in a research report on Thursday, February 27th. Morgan Stanley reduced their price target on Zeta Global from $25.00 to $15.00 and set an "equal weight" rating on the stock in a report on Wednesday, April 16th. DA Davidson dropped their price objective 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. Finally, B. Riley reduced their target price on shares of Zeta Global from $44.00 to $29.00 and set a "buy" rating on the stock in a report on Tuesday, April 22nd. Four equities research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat.com, the company has a consensus rating of "Moderate Buy" and a consensus price target of $32.57.

Zeta Global Trading Down 3.0 %

NYSE ZETA traded down $0.40 during trading hours on Wednesday, hitting $13.05. 3,354,802 shares of the company's stock were exchanged, compared to its average volume of 5,249,123. The company has a current ratio of 3.32, a quick ratio of 3.32 and a debt-to-equity ratio of 0.41. Zeta Global Holdings Corp. has a 1-year low of $10.69 and a 1-year high of $38.20. The stock has a 50-day simple moving average of $14.21 and a 200 day simple moving average of $19.52. The firm has a market cap of $3.10 billion, a price-to-earnings ratio of -18.64, a PEG ratio of 1.65 and a beta of 1.29.

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.