Wells Fargo & Company MN Has $5.74 Million Holdings in Zeta Global Holdings Corp. (NYSE:ZETA)

Wells Fargo & Company MN lessened its stake in Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 14.8% during the fourth quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor owned 319,008 shares of the company's stock after selling 55,318 shares during the quarter. Wells Fargo & Company MN owned approximately 0.13% of Zeta Global worth $5,739,000 as of its most recent filing with the SEC.

A number of other institutional investors have also modified their holdings of ZETA. Rakuten Securities Inc. bought a new position in Zeta Global in the 4th quarter worth about $27,000. SBI Securities Co. Ltd. acquired a new stake in shares of Zeta Global in the 4th quarter worth approximately $33,000. Heck Capital Advisors LLC bought a new stake in Zeta Global during the fourth quarter worth approximately $66,000. IFP Advisors Inc acquired a new stake in shares of Zeta Global during the 4th quarter valued at $72,000. Finally, Transcendent Capital Group LLC bought a new stake in shares of Zeta Global during the 4th quarter worth $87,000. Institutional investors and hedge funds own 87.75% of the company's stock.

Wall Street Analyst Weigh In

A number of equities analysts recently issued reports on the company. Truist Financial decreased their target price on Zeta Global from $42.00 to $34.00 and set a "buy" rating on the stock in a report on Wednesday, April 16th. The Goldman Sachs Group decreased their target price on Zeta Global from $30.00 to $27.00 and set a "neutral" rating for the company in a research report on Tuesday, March 4th. Barclays decreased 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. Canaccord Genuity Group reiterated a "buy" rating and issued a $28.00 price objective on shares of Zeta Global in a research report on Wednesday, February 26th. Finally, DA Davidson decreased their price objective on Zeta Global from $42.00 to $25.00 and set a "buy" rating for the company in a research report on Monday, April 14th. Four research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average price target of $33.29.

Zeta Global Trading Up 3.4 %

Zeta Global stock traded up $0.41 during trading hours on Thursday, reaching $12.49. 883,925 shares of the company's stock were exchanged, compared to its average volume of 5,216,005. The firm has a market capitalization of $2.97 billion, a PE ratio of -17.82, a PEG ratio of 1.65 and a beta of 1.29. The company has a quick ratio of 3.32, a current ratio of 3.32 and a debt-to-equity ratio of 0.41. The firm's 50 day simple moving average is $15.03 and its 200 day simple moving average is $20.11. Zeta Global Holdings Corp. has a twelve month low of $10.69 and a twelve month high of $38.20.

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.