Schonfeld Strategic Advisors LLC Grows Stock Holdings in Zeta Global Holdings Corp. (NYSE:ZETA)

Schonfeld Strategic Advisors LLC lifted its position in Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 2,352.1% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 243,100 shares of the company's stock after buying an additional 233,186 shares during the period. Schonfeld Strategic Advisors LLC owned approximately 0.10% of Zeta Global worth $4,373,000 as of its most recent SEC filing.

Several other institutional investors also recently bought and sold shares of ZETA. Optiver Holding B.V. raised its stake in Zeta Global by 60.9% in the fourth quarter. Optiver Holding B.V. now owns 1,406 shares of the company's stock valued at $25,000 after buying an additional 532 shares during the last quarter. Rakuten Securities Inc. purchased a new stake in Zeta Global during the 4th quarter worth approximately $27,000. Coppell Advisory Solutions LLC lifted its position in Zeta Global by 244.1% during the 4th quarter. Coppell Advisory Solutions LLC now owns 1,693 shares of the company's stock worth $31,000 after acquiring an additional 1,201 shares during the period. SBI Securities Co. Ltd. acquired a new stake in shares of Zeta Global during the fourth quarter worth about $33,000. Finally, Heck Capital Advisors LLC acquired a new stake in shares of Zeta Global in the fourth quarter worth $66,000. 87.75% of the stock is currently owned by institutional investors and hedge funds.

Analysts Set New Price Targets

ZETA has been the topic of several recent research reports. William Blair reaffirmed an "outperform" rating on shares of Zeta Global in a report on Wednesday, February 26th. DA Davidson cut 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. Morgan Stanley dropped their target price on Zeta Global from $25.00 to $15.00 and set an "equal weight" rating on the stock in a research report on Wednesday, April 16th. Needham & Company LLC cut their price objective on Zeta Global from $43.00 to $25.00 and set a "buy" rating for the company in a research report on Friday, May 2nd. Finally, Truist Financial reduced their target price on Zeta Global from $42.00 to $34.00 and set a "buy" rating for the company in a research note on Wednesday, April 16th. Four investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company's stock. Based on data from MarketBeat.com, Zeta Global currently has a consensus rating of "Moderate Buy" and a consensus price target of $30.36.

Zeta Global Trading Up 0.7 %

Shares of ZETA stock traded up $0.09 on Wednesday, hitting $13.20. 2,504,573 shares of the stock traded hands, compared to its average volume of 5,335,408. Zeta Global Holdings Corp. has a twelve month low of $10.69 and a twelve month high of $38.20. The stock has a market capitalization of $3.14 billion, a PE ratio of -18.86, a PEG ratio of 1.65 and a beta of 1.29. The firm's 50-day moving average price is $13.60 and its two-hundred day moving average price is $18.93. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.32 and a current ratio of 3.32.

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.