Zeta Global Holdings Corp. (NYSE:ZETA) Shares Sold by Connors Investor Services Inc.

Connors Investor Services Inc. cut its position in shares of Zeta Global Holdings Corp. (NYSE:ZETA) by 11.6% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 129,030 shares of the company’s stock after selling 16,991 shares during the quarter. Connors Investor Services Inc. owned 0.05% of Zeta Global worth $2,321,000 as of its most recent filing with the SEC.

A number of other institutional investors also recently bought and sold shares of ZETA. Vanguard Group Inc. grew its position in Zeta Global by 2.3% during the fourth quarter. Vanguard Group Inc. now owns 22,177,591 shares of the company’s stock valued at $398,975,000 after acquiring an additional 489,499 shares during the period. Lord Abbett & CO. LLC grew its position in shares of Zeta Global by 85.0% in the 3rd quarter. Lord Abbett & CO. LLC now owns 5,710,081 shares of the company’s stock worth $170,332,000 after acquiring an additional 2,623,980 shares in the last quarter. Renaissance Technologies LLC raised its holdings in shares of Zeta Global by 98.8% during the fourth quarter. Renaissance Technologies LLC now owns 4,719,762 shares of the company’s stock worth $84,909,000 after purchasing an additional 2,345,562 shares during the period. Geode Capital Management LLC boosted its position in Zeta Global by 7.2% during the 4th quarter. Geode Capital Management LLC now owns 4,573,271 shares of the company’s stock valued at $82,470,000 after purchasing an additional 306,592 shares during the period. Finally, Arrowstreet Capital Limited Partnership grew its position in shares of Zeta Global by 119.1% during the fourth quarter. Arrowstreet Capital Limited Partnership now owns 4,129,255 shares of the company’s stock worth $74,285,000 after acquiring an additional 2,244,953 shares during the last quarter. 87.75% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analyst Weigh In

Several equities analysts have commented on ZETA shares. Canaccord Genuity Group reissued a “buy” rating and set a $28.00 target price on shares of Zeta Global in a research note on Wednesday, February 26th. Truist Financial cut their target price on Zeta Global from $42.00 to $34.00 and set a “buy” rating on the stock in a research report on Wednesday, April 16th. Royal Bank of Canada dropped their price target on Zeta Global from $40.00 to $30.00 and set an “outperform” rating on the stock in a research note on Monday. The Goldman Sachs Group decreased their target price on shares of Zeta Global from $30.00 to $27.00 and set a “neutral” rating for the company in a report on Tuesday, March 4th. Finally, Barclays lowered their price objective on shares of 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. Four analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $32.57.

Zeta Global Stock Up 0.4 %

Shares of ZETA stock opened at $13.45 on Wednesday. Zeta Global Holdings Corp. has a 52-week low of $10.69 and a 52-week high of $38.20. The stock has a market cap of $3.20 billion, a price-to-earnings ratio of -19.21, a PEG ratio of 1.65 and a beta of 1.29. The firm’s 50-day moving average is $14.21 and its 200-day moving average is $19.52. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.32 and a current ratio of 3.32.

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.