Evanson Financial LLC Takes $602,000 Position in Zeta Global Holdings Corp. $ZETA

Evanson Financial LLC purchased a new stake in Zeta Global Holdings Corp. (NYSE:ZETAFree Report) in the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The firm purchased 30,612 shares of the company’s stock, valued at approximately $602,000.

Other large investors have also recently bought and sold shares of the company. Mackenzie Financial Corp raised its position in shares of Zeta Global by 4.8% during the 3rd quarter. Mackenzie Financial Corp now owns 12,195 shares of the company’s stock valued at $242,000 after acquiring an additional 560 shares during the last quarter. Verus Capital Partners LLC boosted its position in shares of Zeta Global by 1.2% in the 4th quarter. Verus Capital Partners LLC now owns 49,100 shares of the company’s stock worth $999,000 after purchasing an additional 600 shares during the last quarter. Essential Partners LLC boosted its position in shares of Zeta Global by 30.9% in the 1st quarter. Essential Partners LLC now owns 2,670 shares of the company’s stock worth $43,000 after purchasing an additional 630 shares during the last quarter. SlateStone Wealth LLC grew its stake in shares of Zeta Global by 3.9% during the fourth quarter. SlateStone Wealth LLC now owns 19,801 shares of the company’s stock worth $403,000 after purchasing an additional 750 shares during the period. Finally, Hsbc Holdings PLC grew its stake in shares of Zeta Global by 2.3% during the fourth quarter. Hsbc Holdings PLC now owns 34,938 shares of the company’s stock worth $724,000 after purchasing an additional 793 shares during the period. Institutional investors and hedge funds own 87.75% of the company’s stock.

Wall Street Analyst Weigh In

Several equities analysts have weighed in on ZETA shares. KeyCorp increased their target price on Zeta Global from $22.00 to $27.00 and gave the company an “overweight” rating in a research note on Wednesday. William Blair set a $29.00 target price on Zeta Global in a research report on Thursday. Royal Bank Of Canada upped their price target on Zeta Global from $29.00 to $31.00 and gave the company an “outperform” rating in a research note on Wednesday. Freedom Capital upgraded shares of Zeta Global to a “strong-buy” rating in a research report on Monday, June 29th. Finally, The Goldman Sachs Group set a $28.00 price objective on shares of Zeta Global and gave the stock a “neutral” rating in a research note on Wednesday, June 24th. One research analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, three have given a Hold rating and one has issued a Sell rating to the company’s stock. Based on data from MarketBeat, Zeta Global currently has an average rating of “Moderate Buy” and a consensus price target of $29.62.

Get Our Latest Research Report on Zeta Global

Insider Activity

In related news, Director Jeanine Silberblatt sold 7,500 shares of the business’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $19.89, for a total value of $149,175.00. Following the completion of the transaction, the director directly owned 50,350 shares in the company, valued at approximately $1,001,461.50. The trade was a 12.96% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Corporate insiders own 10.74% of the company’s stock.

Zeta Global Stock Performance

ZETA stock opened at $26.60 on Friday. Zeta Global Holdings Corp. has a 1-year low of $14.36 and a 1-year high of $28.50. The company has a current ratio of 2.07, a quick ratio of 2.07 and a debt-to-equity ratio of 0.22. The firm has a market cap of $6.63 billion, a PE ratio of -1,329.95, a P/E/G ratio of 3.65 and a beta of 1.39. The business’s 50-day moving average price is $21.35 and its two-hundred day moving average price is $18.88.

Zeta Global (NYSE:ZETAGet Free Report) last announced its quarterly earnings results on Tuesday, August 4th. The company reported $0.03 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.20 by ($0.17). The business had revenue of $442.77 million during the quarter, compared to the consensus estimate of $420.61 million. Zeta Global had a positive return on equity of 5.55% and a negative net margin of 0.15%.The firm’s revenue was up 43.6% compared to the same quarter last year. During the same quarter last year, the company earned ($0.10) earnings per share. As a group, research analysts forecast that Zeta Global Holdings Corp. will post 0.21 earnings per share for the current year.

Key Zeta Global News

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About Zeta Global

(Free Report)

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.

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Institutional Ownership by Quarter for Zeta Global (NYSE:ZETA)

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