505,379 Shares in Zeta Global Holdings Corp. $ZETA Bought by Peregrine Capital Management LLC

Peregrine Capital Management LLC purchased a new position in Zeta Global Holdings Corp. (NYSE:ZETA) in the 3rd quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund purchased 505,379 shares of the company’s stock, valued at approximately $10,042,000.

Several other large investors have also recently modified their holdings of ZETA. Greenvale Capital LLP lifted its stake in shares of Zeta Global by 178.0% in 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 last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its position in Zeta Global by 753.3% in 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 during the last quarter. Geode Capital Management LLC lifted its position in Zeta Global by 3.8% in the second quarter. Geode Capital Management LLC now owns 4,835,620 shares of the company’s stock valued at $74,913,000 after purchasing an additional 174,972 shares during the last quarter. State Street Corp boosted its stake in shares of Zeta Global by 4.8% during the second quarter. State Street Corp now owns 4,671,750 shares of the company’s stock valued at $72,365,000 after purchasing an additional 215,932 shares during the period. Finally, Bwcp LP grew its holdings in shares of Zeta Global by 4.8% in the second quarter. Bwcp LP now owns 2,740,611 shares of the company’s stock worth $42,452,000 after purchasing an additional 125,815 shares during the last quarter. Hedge funds and other institutional investors own 87.75% of the company’s stock.

Insider Transactions at Zeta Global

In related news, Director Jeanine Silberblatt sold 12,990 shares of the firm’s stock in a transaction that occurred 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 sale, the director owned 57,850 shares in the company, valued at approximately $1,118,819. This trade represents a 18.34% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Corporate insiders own 13.02% of the company’s stock.

Zeta Global Price Performance

Shares of NYSE:ZETA opened at $23.65 on Friday. The business has a 50-day simple moving average of $19.00 and a two-hundred day simple moving average of $18.36. 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 firm has a market cap of $5.69 billion, a price-to-earnings ratio of -197.08, a price-to-earnings-growth ratio of 2.46 and a beta of 1.26. Zeta Global Holdings Corp. has a fifty-two week low of $10.69 and a fifty-two week high of $26.60.

Analyst Ratings Changes

A number of research firms recently commented on ZETA. Bank of America upped their price target on shares of Zeta Global from $28.00 to $30.00 and gave the company a “buy” rating in a report on Tuesday, November 25th. Needham & Company LLC reaffirmed a “buy” rating on shares of Zeta Global in a research note on Tuesday, November 25th. B. Riley increased their target price on shares of Zeta Global from $29.00 to $30.00 and gave the stock a “buy” rating in a report on Tuesday, November 25th. Morgan Stanley raised their target price on Zeta Global from $21.00 to $23.00 and gave the stock an “equal weight” rating in a research note on Wednesday, November 26th. Finally, Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Zeta Global in a research report on Wednesday, October 8th. Nine equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $27.25.

Zeta Global Company Profile

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.