Oberweis Asset Management Inc. increased its stake in Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 14.7% in the fourth quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,840,040 shares of the company's stock after purchasing an additional 235,910 shares during the period. Zeta Global accounts for about 1.6% of Oberweis Asset Management Inc.'s portfolio, making the stock its 4th largest position. Oberweis Asset Management Inc. owned about 0.77% of Zeta Global worth $33,102,000 as of its most recent filing with the Securities & Exchange Commission.
Other hedge funds have also bought and sold shares of the company. JPMorgan Chase & Co. raised its position in Zeta Global by 31.0% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,240,872 shares of the company's stock worth $37,015,000 after buying an additional 293,583 shares during the last quarter. Hodges Capital Management Inc. lifted its position in Zeta Global by 163.1% during the fourth quarter. Hodges Capital Management Inc. now owns 433,473 shares of the company's stock valued at $7,798,000 after purchasing an additional 268,710 shares during the period. Barclays PLC boosted its holdings in Zeta Global by 36.4% in the third quarter. Barclays PLC now owns 420,518 shares of the company's stock valued at $12,544,000 after purchasing an additional 112,238 shares during the last quarter. Nordea Investment Management AB acquired a new stake in Zeta Global during the 4th quarter worth about $2,444,000. Finally, Janney Montgomery Scott LLC lifted its holdings in shares of Zeta Global by 273.1% in the 4th quarter. Janney Montgomery Scott LLC now owns 77,745 shares of the company's stock valued at $1,399,000 after buying an additional 56,910 shares during the period. Institutional investors and hedge funds own 87.75% of the company's stock.
Zeta Global Trading Up 0.6 %
Shares of Zeta Global stock traded up $0.09 during mid-day trading on Tuesday, hitting $13.49. The stock had a trading volume of 1,203,396 shares, compared to its average volume of 5,239,601. The firm has a market cap of $3.21 billion, a P/E ratio of -19.30, a price-to-earnings-growth 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 has a 50-day moving average of $14.39 and a two-hundred day moving average of $19.56. Zeta Global Holdings Corp. has a 12-month low of $10.69 and a 12-month high of $38.20.
Analyst Ratings Changes
A number of equities research analysts have recently commented on the stock. The Goldman Sachs Group dropped their price objective on shares of Zeta Global from $30.00 to $27.00 and set a "neutral" rating on the stock in a research note on Tuesday, March 4th. B. Riley decreased their price objective on shares of Zeta Global from $44.00 to $29.00 and set a "buy" rating for the company in a research report on Tuesday, April 22nd. Royal Bank of Canada dropped their target price on Zeta Global from $40.00 to $30.00 and set an "outperform" rating on the stock in a research report on Monday. Barclays lowered their price target on Zeta Global from $32.00 to $18.00 and set an "equal weight" rating on the stock in a research report on Thursday, February 27th. Finally, Needham & Company LLC reiterated a "buy" rating and set a $43.00 target price on shares of Zeta Global in a research report on Wednesday, February 26th. Four equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Moderate Buy" and an average target price of $32.57.
Read Our Latest Stock Analysis on ZETA
About Zeta Global
(
Free Report)
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.
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