Jump Financial LLC Boosts Stock Position in Zeta Global Holdings Corp. (NASDAQ:ZETA)

Jump Financial LLC lifted its position in Zeta Global Holdings Corp. (NASDAQ:ZETA - Free Report) by 117.3% in the 4th quarter, according to its most recent 13F filing with the SEC. The institutional investor owned 147,300 shares of the company's stock after acquiring an additional 79,507 shares during the period. Jump Financial LLC owned 0.07% of Zeta Global worth $1,299,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in ZETA. Insight Wealth Strategies LLC bought a new position in Zeta Global during the 4th quarter valued at approximately $922,000. Legato Capital Management LLC bought a new position in Zeta Global during the 4th quarter valued at approximately $929,000. Vanguard Group Inc. increased its position in Zeta Global by 6.6% during the 3rd quarter. Vanguard Group Inc. now owns 15,915,616 shares of the company's stock valued at $132,895,000 after buying an additional 991,678 shares in the last quarter. New York State Common Retirement Fund increased its position in Zeta Global by 28.9% during the 4th quarter. New York State Common Retirement Fund now owns 286,002 shares of the company's stock valued at $2,523,000 after buying an additional 64,135 shares in the last quarter. Finally, Blue Trust Inc. increased its position in Zeta Global by 22.8% during the 4th quarter. Blue Trust Inc. now owns 10,960 shares of the company's stock valued at $92,000 after buying an additional 2,037 shares in the last quarter. Institutional investors own 75.82% of the company's stock.

Wall Street Analyst Weigh In

A number of research firms recently weighed in on ZETA. Craig Hallum raised their price objective on Zeta Global from $15.00 to $22.00 and gave the company a "buy" rating in a research report on Tuesday, May 7th. Barclays lifted their target price on Zeta Global from $15.00 to $18.00 and gave the stock an "overweight" rating in a report on Tuesday, May 7th. Bank of America lifted their target price on Zeta Global from $15.00 to $18.00 and gave the stock a "buy" rating in a report on Tuesday, May 7th. Canaccord Genuity Group lifted their target price on Zeta Global from $13.00 to $17.00 and gave the stock a "buy" rating in a report on Tuesday, May 7th. Finally, Morgan Stanley lifted their target price on Zeta Global from $17.00 to $18.00 and gave the stock an "overweight" rating in a report on Tuesday, May 7th. Eleven equities research analysts have rated the stock with a buy rating and one has given a strong buy rating to the company's stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Buy" and an average target price of $18.75.

Zeta Global Stock Performance

Shares of ZETA stock traded up $0.32 on Friday, reaching $17.42. The stock had a trading volume of 1,696,796 shares, compared to its average volume of 1,688,208. The stock has a market cap of $3.80 billion, a P/E ratio of -16.43 and a beta of 1.12. Zeta Global Holdings Corp. has a 1 year low of $7.24 and a 1 year high of $17.49. The company has a debt-to-equity ratio of 0.96, a quick ratio of 1.89 and a current ratio of 1.89. The company has a 50 day simple moving average of $12.25 and a 200 day simple moving average of $10.20.

Zeta Global (NASDAQ:ZETA - Get Free Report) last released its quarterly earnings results on Monday, May 6th. The company reported ($0.23) earnings per share (EPS) for the quarter, topping analysts' consensus estimates of ($0.25) by $0.02. The firm had revenue of $195.00 million for the quarter, compared to the consensus estimate of $187.16 million. Zeta Global had a negative return on equity of 101.48% and a negative net margin of 22.20%. The company's revenue for the quarter was up 23.7% on a year-over-year basis. During the same period last year, the business posted ($0.38) EPS. Equities research analysts expect that Zeta Global Holdings Corp. will post -0.38 EPS for the current year.

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.