Zeta Global Holdings Corp. (NYSE:ZETA) COO Steven H. Gerber Buys 13,250 Shares

Zeta Global Holdings Corp. (NYSE:ZETA) COO Steven H. Gerber purchased 13,250 shares of the company’s stock in a transaction that occurred on Monday, November 18th. The shares were acquired at an average price of $18.55 per share, for a total transaction of $245,787.50. Following the completion of the purchase, the chief operating officer now directly owns 2,940,811 shares in the company, valued at $54,552,044.05. This represents a 0.45 % increase in their position. The purchase was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this hyperlink.

Zeta Global Stock Up 4.9 %

NYSE ZETA opened at $23.10 on Thursday. Zeta Global Holdings Corp. has a 52-week low of $7.65 and a 52-week high of $38.20. The company has a fifty day moving average of $28.32 and a 200-day moving average of $22.74. 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 (NYSE:ZETA) last issued its quarterly earnings results on Monday, November 11th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($0.26). The firm had revenue of $268.30 million for the quarter, compared to the consensus estimate of $252.68 million. Zeta Global had a negative return on equity of 45.22% and a negative net margin of 13.35%. The company’s revenue for the quarter was up 42.0% on a year-over-year basis. During the same period last year, the firm earned ($0.27) EPS. On average, research analysts forecast that Zeta Global Holdings Corp. will post -0.45 earnings per share for the current fiscal year.

Institutional Trading of Zeta Global

Hedge funds and other institutional investors have recently bought and sold shares of the company. Juncture Wealth Strategies LLC lifted its holdings in shares of Zeta Global by 3.1% in the 3rd quarter. Juncture Wealth Strategies LLC now owns 21,226 shares of the company’s stock worth $633,000 after acquiring an additional 634 shares during the last quarter. Essex Investment Management Co. LLC grew its holdings in shares of Zeta Global by 0.3% during the 3rd quarter. Essex Investment Management Co. LLC now owns 306,305 shares of the company’s stock valued at $9,137,000 after purchasing an additional 856 shares during the last quarter. Wolff Wiese Magana LLC purchased a new position in Zeta Global in the 3rd quarter worth $26,000. HighTower Advisors LLC lifted its stake in Zeta Global by 4.2% in the third quarter. HighTower Advisors LLC now owns 22,383 shares of the company’s stock worth $668,000 after purchasing an additional 892 shares during the last quarter. Finally, Amalgamated Bank boosted its position in Zeta Global by 20.0% during the second quarter. Amalgamated Bank now owns 5,691 shares of the company’s stock valued at $100,000 after buying an additional 948 shares during the period. Hedge funds and other institutional investors own 75.82% of the company’s stock.

Analyst Upgrades and Downgrades

Several equities research analysts have issued reports on ZETA shares. Royal Bank of Canada increased their target price on Zeta Global from $33.00 to $37.00 and gave the stock an “overweight” rating in a research report on Monday, November 11th. Barclays increased their price objective on Zeta Global from $28.00 to $32.00 and gave the stock an “equal weight” rating in a report on Wednesday, November 13th. Needham & Company LLC lifted their target price on Zeta Global from $36.00 to $43.00 and gave the company a “buy” rating in a report on Tuesday, November 12th. KeyCorp downgraded shares of Zeta Global from an “overweight” rating to a “sector weight” rating in a report on Thursday, November 14th. Finally, B. Riley boosted their price objective on shares of Zeta Global from $30.00 to $37.00 and gave the company a “buy” rating in a research note on Monday, September 30th. Three research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, Zeta Global has an average rating of “Moderate Buy” and a consensus target price of $38.00.

About Zeta Global

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.