Creative Planning Purchases New Position in Zeta Global Holdings Corp. (NYSE:ZETA)

Creative Planning acquired a new position in shares of Zeta Global Holdings Corp. (NYSE:ZETA) in the 3rd quarter, according to its most recent filing with the SEC. The fund acquired 23,344 shares of the company’s stock, valued at approximately $696,000.

Several other large investors also recently bought and sold shares of ZETA. Quest Partners LLC increased its stake in Zeta Global by 1,718.9% during the 2nd quarter. Quest Partners LLC now owns 2,310 shares of the company’s stock worth $41,000 after buying an additional 2,183 shares in the last quarter. Point72 Hong Kong Ltd acquired a new position in shares of Zeta Global during the 2nd quarter worth approximately $99,000. Amalgamated Bank boosted its holdings in shares of Zeta Global by 20.0% during the 2nd quarter. Amalgamated Bank now owns 5,691 shares of the company’s stock worth $100,000 after purchasing an additional 948 shares during the last quarter. DekaBank Deutsche Girozentrale acquired a new position in shares of Zeta Global during the 2nd quarter worth approximately $105,000. Finally, Entropy Technologies LP acquired a new position in shares of Zeta Global during the 1st quarter worth approximately $153,000. 75.82% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Several research analysts have recently weighed in on ZETA shares. Needham & Company LLC restated a “buy” rating and set a $36.00 target price on shares of Zeta Global in a report on Wednesday, October 9th. DA Davidson upped their price objective on Zeta Global from $35.00 to $39.00 and gave the company a “buy” rating in a report on Wednesday, October 9th. Barclays cut Zeta Global from an “overweight” rating to an “equal weight” rating and set a $28.00 price target on the stock. in a research note on Friday, October 18th. KeyCorp assumed coverage on Zeta Global in a research note on Tuesday, October 22nd. They set an “overweight” rating and a $40.00 price target on the stock. Finally, Roth Mkm upped their price objective on Zeta Global from $33.00 to $44.00 and gave the stock a “buy” rating in a research report on Tuesday, October 1st. Two investment analysts have rated the stock with a hold rating, eleven have given a buy rating and two have assigned a strong buy rating to the company. Based on data from MarketBeat, the company currently has an average rating of “Buy” and a consensus price target of $35.69.

Zeta Global Price Performance

Shares of ZETA opened at $27.89 on Monday. Zeta Global Holdings Corp. has a fifty-two week low of $7.63 and a fifty-two week high of $34.14. The company has a market capitalization of $6.13 billion, a price-to-earnings ratio of -31.69 and a beta of 1.29. The firm has a 50-day simple moving average of $28.19 and a 200-day simple moving average of $21.54. The company has a debt-to-equity ratio of 0.85, a quick ratio of 1.98 and a current ratio of 1.98.

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.