Zeta Global Holdings Corp. (NYSE:ZETA) Shares Sold by Comerica Bank

Comerica Bank trimmed its position in Zeta Global Holdings Corp. (NYSE:ZETA - Free Report) by 76.2% during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund owned 24,758 shares of the company's stock after selling 79,385 shares during the period. Comerica Bank's holdings in Zeta Global were worth $445,000 at the end of the most recent reporting period.

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

Zeta Global Price Performance

Zeta Global stock traded down $0.10 during mid-day trading on Wednesday, reaching $13.58. The company had a trading volume of 256,774 shares, compared to its average volume of 5,338,834. Zeta Global Holdings Corp. has a 1 year low of $10.69 and a 1 year high of $38.20. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.32 and a quick ratio of 3.32. The company has a market capitalization of $3.20 billion, a P/E ratio of -19.36, a P/E/G ratio of 1.65 and a beta of 1.29. The stock's 50-day simple moving average is $13.26 and its 200-day simple moving average is $18.00.

Analyst Ratings Changes

A number of brokerages have issued reports on ZETA. DA Davidson cut their target price on Zeta Global from $42.00 to $25.00 and set a "buy" rating on the stock in a research report on Monday, April 14th. B. Riley reduced their target price on shares of Zeta Global from $44.00 to $29.00 and set a "buy" rating for the company in a report on Tuesday, April 22nd. Needham & Company LLC reduced their target price on shares of Zeta Global from $43.00 to $25.00 and set a "buy" rating for the company in a report on Friday, May 2nd. Canaccord Genuity Group cut their price target on shares of Zeta Global from $28.00 to $26.00 and set a "buy" rating for the company in a report on Friday, May 2nd. Finally, Royal Bank of Canada cut their price target on shares of Zeta Global from $40.00 to $30.00 and set an "outperform" rating for the company in a report on Monday, April 28th. Four analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and a consensus target price of $30.36.

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.