SG Americas Securities LLC Sells 130,982 Shares of Zeta Global Holdings Corp. $ZETA

SG Americas Securities LLC lowered its stake in shares of Zeta Global Holdings Corp. (NYSE:ZETA) by 56.0% in the first quarter, Holdings Channel reports. The institutional investor owned 103,095 shares of the company’s stock after selling 130,982 shares during the period. SG Americas Securities LLC’s holdings in Zeta Global were worth $1,641,000 as of its most recent filing with the SEC.

Other hedge funds have also made changes to their positions in the company. Cornerstone Planning Group LLC grew its position in Zeta Global by 3,150.0% during the fourth quarter. Cornerstone Planning Group LLC now owns 1,300 shares of the company’s stock worth $26,000 after buying an additional 1,260 shares in the last quarter. DV Equities LLC bought a new stake in shares of Zeta Global in the 4th quarter worth approximately $29,000. Binnacle Investments Inc bought a new stake in shares of Zeta Global in the 3rd quarter worth approximately $30,000. United Community Bank acquired a new stake in shares of Zeta Global during the 4th quarter worth approximately $31,000. Finally, National Bank of Canada FI grew its holdings in shares of Zeta Global by 223.1% during the 3rd quarter. National Bank of Canada FI now owns 1,835 shares of the company’s stock worth $36,000 after purchasing an additional 1,267 shares in the last quarter. Institutional investors own 87.75% of the company’s stock.

Zeta Global Stock Performance

NYSE ZETA opened at $20.75 on Friday. Zeta Global Holdings Corp. has a 1-year low of $13.74 and a 1-year high of $25.95. The company has a 50 day moving average of $19.27 and a 200-day moving average of $18.59. 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 $5.17 billion, a price-to-earnings ratio of -188.61, a PEG ratio of 3.08 and a beta of 1.37.

Insiders Place Their Bets

In related news, Director Jeanine Silberblatt sold 7,500 shares of the firm’s 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 completion of the sale, the director directly owned 50,350 shares of the company’s stock, valued at $1,001,461.50. This trade represents a 12.96% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. 10.74% of the stock is owned by corporate insiders.

Analyst Ratings Changes

A number of analysts have recently issued reports on the company. Freedom Capital upgraded Zeta Global to a “strong-buy” rating in a research report on Monday. The Goldman Sachs Group set a $28.00 target price on Zeta Global and gave the stock a “neutral” rating in a research report on Wednesday, June 24th. Wall Street Zen upgraded shares of Zeta Global from a “hold” rating to a “buy” rating in a research note on Saturday, June 20th. KeyCorp raised shares of Zeta Global from a “sector weight” rating to an “overweight” rating and set a $22.00 price target on the stock in a report on Tuesday, April 28th. Finally, Royal Bank Of Canada increased their price objective on shares of Zeta Global from $27.00 to $29.00 and gave the company an “outperform” rating in a research note on Friday, May 1st. One research analyst has rated the stock with a Strong Buy rating, ten have assigned a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat.com, Zeta Global currently has a consensus rating of “Moderate Buy” and an average price target of $28.33.

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.