SOA Wealth Advisors LLC. Grows Stock Holdings in Zeta Global Holdings Corp. (NYSE:ZETA)

SOA Wealth Advisors LLC. increased its position in Zeta Global Holdings Corp. (NYSE:ZETA) by 5.7% in the 1st quarter, Holdings Channel.com reports. The firm owned 110,655 shares of the company’s stock after buying an additional 6,000 shares during the quarter. SOA Wealth Advisors LLC.’s holdings in Zeta Global were worth $1,500,000 as of its most recent SEC filing.

Several other institutional investors have also recently added to or reduced their stakes in the stock. Optiver Holding B.V. grew its position in shares of Zeta Global by 60.9% during the fourth quarter. Optiver Holding B.V. now owns 1,406 shares of the company’s stock worth $25,000 after acquiring an additional 532 shares during the last quarter. Rakuten Securities Inc. bought a new position in Zeta Global in the 4th quarter valued at about $27,000. Coppell Advisory Solutions LLC boosted 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 purchasing an additional 1,201 shares in the last quarter. SBI Securities Co. Ltd. bought a new position in shares of Zeta Global during the 4th quarter valued at about $33,000. Finally, Point72 Hong Kong Ltd bought a new position in shares of Zeta Global during the 4th quarter valued at about $33,000. 87.75% of the stock is owned by institutional investors and hedge funds.

Zeta Global Stock Performance

NYSE:ZETA opened at $13.96 on Friday. The stock’s 50-day simple moving average is $12.96 and its 200 day simple moving average is $16.84. The firm has a market capitalization of $3.29 billion, a PE ratio of -19.94, a price-to-earnings-growth ratio of 1.65 and a beta of 1.25. The company has a quick ratio of 3.32, a current ratio of 3.32 and a debt-to-equity ratio of 0.41. Zeta Global Holdings Corp. has a twelve month low of $10.69 and a twelve month high of $38.20.

Analyst Ratings Changes

A number of analysts have commented on the stock. B. Riley reduced 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 note on Tuesday, April 22nd. Truist Financial cut their price objective on shares of Zeta Global from $42.00 to $34.00 and set a “buy” rating on the stock in a research report on Wednesday, April 16th. Canaccord Genuity Group lowered their price target on Zeta Global from $28.00 to $26.00 and set a “buy” rating on the stock in a report on Friday, May 2nd. William Blair reiterated an “outperform” rating on shares of Zeta Global in a report on Wednesday, February 26th. Finally, Morgan Stanley lowered their price objective on shares of Zeta Global from $25.00 to $15.00 and set an “equal weight” rating on the stock in a research note on Wednesday, April 16th. Four investment analysts have rated the stock with a hold rating and eleven have assigned a buy rating to the stock. According to MarketBeat.com, Zeta Global has a consensus rating of “Moderate Buy” and an average 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.