Insider Selling: Zeta Global (NYSE:ZETA) Director Sells $149,175.00 in Stock

Zeta Global Holdings Corp. (NYSE:ZETA) Director Jeanine Silberblatt sold 7,500 shares of Zeta Global stock in a transaction on Friday, June 12th. The stock was sold at an average price of $19.89, for a total transaction of $149,175.00. Following the transaction, the director owned 50,350 shares in the company, valued at approximately $1,001,461.50. This trade represents a 12.96% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink.

Zeta Global Price Performance

Shares of NYSE:ZETA opened at $20.18 on Monday. The firm has a market cap of $5.03 billion, a PE ratio of -183.46, a price-to-earnings-growth ratio of 3.15 and a beta of 1.34. The firm’s fifty day moving average is $18.45 and its 200-day moving average is $18.52. The company has a debt-to-equity ratio of 0.22, a quick ratio of 2.07 and a current ratio of 2.07. Zeta Global Holdings Corp. has a 52 week low of $12.10 and a 52 week high of $25.95.

Hedge Funds Weigh In On Zeta Global

Hedge funds and other institutional investors have recently bought and sold shares of the company. Cornerstone Planning Group LLC raised its holdings in shares of Zeta Global by 3,150.0% during the fourth quarter. Cornerstone Planning Group LLC now owns 1,300 shares of the company’s stock valued at $26,000 after purchasing an additional 1,260 shares during the period. DV Equities LLC acquired a new position in shares of Zeta Global during the fourth quarter valued at about $29,000. Binnacle Investments Inc acquired a new position in shares of Zeta Global during the third quarter valued at about $30,000. United Community Bank acquired a new position in shares of Zeta Global during the fourth quarter valued at about $31,000. Finally, EverSource Wealth Advisors LLC raised its holdings in shares of Zeta Global by 204.1% during the first quarter. EverSource Wealth Advisors LLC now owns 2,095 shares of the company’s stock valued at $33,000 after purchasing an additional 1,406 shares during the period. Institutional investors and hedge funds own 87.75% of the company’s stock.

Analyst Upgrades and Downgrades

A number of equities analysts have recently commented on the stock. Weiss Ratings reiterated a “sell (d-)” rating on shares of Zeta Global in a report on Monday, April 20th. Royal Bank Of Canada boosted their target price on shares of Zeta Global from $27.00 to $29.00 and gave the company an “outperform” rating in a report on Friday, May 1st. KeyCorp upgraded shares of Zeta Global from a “sector weight” rating to an “overweight” rating and set a $22.00 target price on the stock in a report on Tuesday, April 28th. Wall Street Zen lowered shares of Zeta Global from a “buy” rating to a “hold” rating in a report on Saturday, May 30th. Finally, Bank of America began coverage on shares of Zeta Global in a report on Tuesday, May 19th. They issued a “buy” rating and a $24.00 target price on the stock. Ten analysts have rated the stock with a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $27.83.

About Zeta Global

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.