Evanson Financial LLC Purchases Shares of 30,612 Zeta Global Holdings Corp. $ZETA

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

A number of other hedge funds and other institutional investors also recently made changes to their positions in ZETA. Cornerstone Planning Group LLC increased its stake in Zeta Global by 3,150.0% in the fourth quarter. Cornerstone Planning Group LLC now owns 1,300 shares of the company’s stock valued at $26,000 after acquiring an additional 1,260 shares during the period. DV Equities LLC bought a new position in Zeta Global during the fourth quarter worth about $29,000. Binnacle Investments Inc acquired a new stake in Zeta Global during the third quarter valued at approximately $30,000. United Community Bank acquired a new stake in Zeta Global during the fourth quarter valued at approximately $31,000. Finally, National Bank of Canada FI grew its stake in shares of Zeta Global by 223.1% in the 3rd quarter. National Bank of Canada FI now owns 1,835 shares of the company’s stock valued at $36,000 after purchasing an additional 1,267 shares during the period. 87.75% of the stock is owned by institutional investors.

Insider Buying and Selling

In other Zeta Global news, Director Jeanine Silberblatt sold 7,500 shares of the business’s stock in a transaction 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 transaction, the director owned 50,350 shares of the company’s stock, valued at approximately $1,001,461.50. The trade was a 12.96% decrease in their ownership of the stock. The transaction 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.

Key Headlines Impacting Zeta Global

Here are the key news stories impacting Zeta Global this week:

Zeta Global Stock Performance

NYSE:ZETA 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 firm has a 50 day moving average of $21.35 and a 200-day moving average of $18.88. 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 stock has a market capitalization of $6.63 billion, a P/E ratio of -1,329.95, a price-to-earnings-growth ratio of 3.65 and a beta of 1.39.

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

Analyst Upgrades and Downgrades

A number of equities analysts have recently issued reports on the company. Freedom Capital raised Zeta Global to a “strong-buy” rating in a report on Monday, June 29th. The Goldman Sachs Group set a $28.00 price target on Zeta Global and gave the company a “neutral” rating in a research report on Wednesday, June 24th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Zeta Global in a research note on Friday, July 17th. KeyCorp lifted their price objective on Zeta Global from $22.00 to $27.00 and gave the company an “overweight” rating in a report on Wednesday. Finally, B. Riley Financial restated a “buy” rating and issued a $32.00 target price (up from $30.00) on shares of Zeta Global in a research note on Wednesday. One research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average price target of $29.62.

Get Our Latest Stock Report on ZETA

Zeta Global Company Profile

(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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