Jeanine Silberblatt Sells 12,990 Shares of Zeta Global (NYSE:ZETA) Stock

Zeta Global Holdings Corp. (NYSE:ZETA) Director Jeanine Silberblatt sold 12,990 shares of the company’s stock in a transaction on Friday, December 12th. The shares were sold at an average price of $19.34, for a total value of $251,226.60. Following the transaction, the director directly owned 57,850 shares in the company, valued at approximately $1,118,819. The trade was a 18.34% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link.

Zeta Global Price Performance

NYSE ZETA opened at $18.57 on Friday. Zeta Global Holdings Corp. has a one year low of $10.69 and a one year high of $26.60. The stock has a 50-day moving average of $18.57 and a 200 day moving average of $17.49. The company has a debt-to-equity ratio of 0.29, a quick ratio of 3.01 and a current ratio of 3.01. The company has a market capitalization of $4.47 billion, a price-to-earnings ratio of -154.74 and a beta of 1.27.

Wall Street Analyst Weigh In

A number of research analysts recently weighed in on the stock. Needham & Company LLC restated a “buy” rating on shares of Zeta Global in a research report on Tuesday, November 25th. Morgan Stanley increased their price target on Zeta Global from $21.00 to $23.00 and gave the company an “equal weight” rating in a report on Wednesday, November 26th. UBS Group set a $29.00 price objective on Zeta Global in a report on Tuesday, November 25th. Bank of America increased their target price on Zeta Global from $28.00 to $30.00 and gave the company a “buy” rating in a report on Tuesday, November 25th. Finally, The Goldman Sachs Group reissued a “neutral” rating and issued a $23.00 target price on shares of Zeta Global in a research report on Thursday, November 6th. Nine equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has assigned a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus price target of $27.25.

Institutional Trading of Zeta Global

Hedge funds have recently bought and sold shares of the stock. Greenvale Capital LLP grew its stake in shares of Zeta Global by 178.0% during the 2nd quarter. Greenvale Capital LLP now owns 6,951,181 shares of the company’s stock valued at $107,674,000 after acquiring an additional 4,451,181 shares during the period. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Zeta Global by 753.3% during the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,306,270 shares of the company’s stock valued at $85,513,000 after purchasing an additional 5,567,201 shares in the last quarter. Disciplined Growth Investors Inc. MN bought a new position in shares of Zeta Global in the third quarter worth approximately $121,502,000. Capital World Investors boosted its position in shares of Zeta Global by 0.9% in the third quarter. Capital World Investors now owns 4,979,853 shares of the company’s stock worth $98,950,000 after purchasing an additional 44,903 shares during the period. Finally, Geode Capital Management LLC increased its stake in shares of Zeta Global by 3.8% in the second quarter. Geode Capital Management LLC now owns 4,835,620 shares of the company’s stock worth $74,913,000 after purchasing an additional 174,972 shares in the last quarter. Institutional investors own 87.75% of the company’s stock.

Zeta Global Company 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.