Blue Jean Financial LLC Invests $2.55 Million in Zeta Global Holdings Corp. $ZETA

Blue Jean Financial LLC purchased a new position in Zeta Global Holdings Corp. (NYSE:ZETA) in the 4th quarter, Holdings Channel.com reports. The institutional investor purchased 125,518 shares of the company’s stock, valued at approximately $2,554,000. Zeta Global accounts for 2.1% of Blue Jean Financial LLC’s portfolio, making the stock its 11th biggest position.

Other hedge funds have also recently modified their holdings of the company. Cornerstone Planning Group LLC lifted its position in shares of Zeta Global by 3,150.0% in the 4th quarter. Cornerstone Planning Group LLC now owns 1,300 shares of the company’s stock worth $26,000 after purchasing an additional 1,260 shares during the period. Binnacle Investments Inc purchased a new stake in shares of Zeta Global in the 3rd quarter worth approximately $30,000. United Community Bank purchased a new stake in shares of Zeta Global in the 4th quarter worth approximately $31,000. National Bank of Canada FI lifted its position in shares of Zeta Global by 223.1% in the 3rd quarter. National Bank of Canada FI now owns 1,835 shares of the company’s stock worth $36,000 after purchasing an additional 1,267 shares during the period. Finally, Federation des caisses Desjardins du Quebec lifted its position in shares of Zeta Global by 159.3% in the 4th quarter. Federation des caisses Desjardins du Quebec now owns 1,880 shares of the company’s stock worth $38,000 after purchasing an additional 1,155 shares during the period. Hedge funds and other institutional investors own 87.75% of the company’s stock.

Wall Street Analyst Weigh In

ZETA has been the subject of several recent analyst reports. B. Riley Financial reiterated a “buy” rating on shares of Zeta Global in a research note on Friday, May 1st. DA Davidson boosted their price objective on shares of Zeta Global from $29.00 to $30.00 and gave the stock a “buy” rating in a research note on Thursday, February 26th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Zeta Global in a research note on Monday, April 20th. Wall Street Zen lowered shares of Zeta Global from a “buy” rating to a “hold” rating in a research note on Saturday, May 30th. Finally, KeyCorp upgraded shares of Zeta Global from a “sector weight” rating to an “overweight” rating and set a $22.00 price objective for the company in a research note on Tuesday, April 28th. Ten investment analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and an average target price of $27.83.

Insider Buying and Selling at Zeta Global

In other news, Director Jeanine Silberblatt sold 7,500 shares of the stock in a transaction on Friday, June 12th. The shares were sold at an average price of $19.89, for a total value of $149,175.00. Following the sale, the director owned 50,350 shares in the company, valued at $1,001,461.50. This represents a 12.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. 10.74% of the stock is owned by insiders.

Zeta Global Trading Up 0.6%

Shares of Zeta Global stock opened at $20.18 on Friday. The firm has a market capitalization of $5.03 billion, a price-to-earnings ratio of -183.46, a PEG ratio of 3.15 and a beta of 1.34. Zeta Global Holdings Corp. has a 12-month low of $12.10 and a 12-month high of $25.95. The firm’s 50 day simple moving average is $18.45 and its two-hundred day simple moving average is $18.51. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 0.22.

Zeta Global Profile

Zeta Global, founded in 2007 and headquartered in New York City, is a leading data-driven marketing technology company. The firm’s mission centers on helping brands acquire, grow and retain customers through a unified customer lifecycle management platform. Over the years, Zeta Global has built a reputation for leveraging big data and predictive analytics to power digital marketing programs across multiple channels.

At the core of Zeta’s offering is the Zeta Marketing Platform, which combines identity resolution, audience insights and real-time engagement capabilities.