Wolff Wiese Magana LLC Buys Shares of 876 Zeta Global Holdings Corp. (NYSE:ZETA)

Wolff Wiese Magana LLC bought a new stake in Zeta Global Holdings Corp. (NYSE:ZETA) in the 3rd quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 876 shares of the company’s stock, valued at approximately $26,000.

Several other large investors have also recently bought and sold shares of ZETA. Quest Partners LLC boosted its holdings in shares of Zeta Global by 1,718.9% in the second quarter. Quest Partners LLC now owns 2,310 shares of the company’s stock valued at $41,000 after buying an additional 2,183 shares during the period. Point72 Hong Kong Ltd acquired a new position in shares of Zeta Global in the second quarter valued at approximately $99,000. Amalgamated Bank boosted its holdings in shares of Zeta Global by 20.0% in 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. DekaBank Deutsche Girozentrale acquired a new position in shares of Zeta Global in the second quarter valued at approximately $105,000. Finally, Counterpoint Mutual Funds LLC boosted its holdings in shares of Zeta Global by 9.4% in the first quarter. Counterpoint Mutual Funds LLC now owns 12,404 shares of the company’s stock valued at $136,000 after buying an additional 1,065 shares during the period. Institutional investors own 75.82% of the company’s stock.

Analyst Upgrades and Downgrades

ZETA has been the subject of several research analyst reports. Roth Mkm upped their price target on shares of Zeta Global from $33.00 to $44.00 and gave the company a “buy” rating in a report on Tuesday, October 1st. Barclays increased their target price on shares of Zeta Global from $18.00 to $28.00 and gave the stock an “overweight” rating in a report on Thursday, August 1st. Morgan Stanley cut shares of Zeta Global from an “overweight” rating to an “equal weight” rating and increased their target price for the stock from $18.00 to $30.00 in a report on Thursday, August 1st. DA Davidson increased their target price on shares of Zeta Global from $35.00 to $39.00 and gave the stock a “buy” rating in a report on Wednesday, October 9th. Finally, Canaccord Genuity Group increased their target price on shares of Zeta Global from $30.00 to $35.00 and gave the stock a “buy” rating in a report on Wednesday, October 9th. One analyst has rated the stock with a hold rating, twelve have issued a buy rating and one has given a strong buy rating to the stock. Based on data from MarketBeat.com, Zeta Global has an average rating of “Buy” and a consensus target price of $35.00.

Zeta Global Stock Performance

NYSE ZETA opened at $30.00 on Friday. The firm has a market capitalization of $6.60 billion, a P/E ratio of -34.09 and a beta of 1.27. The firm’s fifty day moving average price is $27.47 and its two-hundred day moving average price is $20.20. Zeta Global Holdings Corp. has a 1 year low of $7.38 and a 1 year high of $34.14. The company has a current ratio of 1.98, a quick ratio of 1.98 and a debt-to-equity ratio of 0.85.

Zeta Global (NYSE:ZETA) last issued its quarterly earnings data on Wednesday, July 31st. The company reported ($0.16) earnings per share for the quarter, missing the consensus estimate of $0.10 by ($0.26). The company had revenue of $227.80 million during the quarter, compared to the consensus estimate of $212.44 million. Zeta Global had a negative net margin of 17.76% and a negative return on equity of 79.03%. Zeta Global’s revenue for the quarter was up 32.6% compared to the same quarter last year. During the same period in the previous year, the company earned ($0.32) earnings per share. As a group, research analysts anticipate that Zeta Global Holdings Corp. will post -0.41 EPS for the current year.

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.