Cavalier Investments LLC Decreases Holdings in Zeta Global Holdings Corp. $ZETA

Cavalier Investments LLC trimmed its holdings in shares of Zeta Global Holdings Corp. (NYSE:ZETA) by 21.9% in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund owned 157,566 shares of the company’s stock after selling 44,124 shares during the period. Cavalier Investments LLC owned 0.07% of Zeta Global worth $2,441,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors also recently bought and sold shares of the business. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC lifted its holdings in Zeta Global by 753.3% during the 1st quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 6,306,270 shares of the company’s stock worth $85,513,000 after buying an additional 5,567,201 shares during the last quarter. Yong Rong HK Asset Management Ltd acquired a new stake in shares of Zeta Global during the first quarter worth about $38,748,000. Bwcp LP increased its position in shares of Zeta Global by 101.8% during the first quarter. Bwcp LP now owns 2,614,796 shares of the company’s stock worth $35,457,000 after purchasing an additional 1,319,273 shares in the last quarter. Nuveen LLC acquired a new stake in shares of Zeta Global during the first quarter worth about $28,152,000. Finally, Think Investments LP acquired a new stake in shares of Zeta Global during the first quarter worth about $19,126,000. 87.75% of the stock is owned by hedge funds and other institutional investors.

Analyst Ratings Changes

ZETA has been the topic of a number of research analyst reports. William Blair reiterated an “outperform” rating on shares of Zeta Global in a research report on Wednesday, October 1st. The Goldman Sachs Group lifted their target price on Zeta Global from $16.00 to $18.00 and gave the stock a “neutral” rating in a research report on Thursday, August 7th. Zacks Research upgraded Zeta Global from a “strong sell” rating to a “hold” rating in a research report on Wednesday, August 27th. Bank of America lifted their target price on Zeta Global from $20.00 to $24.00 and gave the stock a “buy” rating in a research report on Wednesday, August 6th. Finally, Truist Financial lifted their target price on Zeta Global from $34.00 to $36.00 and gave the stock a “buy” rating in a research report on Thursday, October 9th. Ten equities research analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat.com, Zeta Global currently has a consensus rating of “Moderate Buy” and an average target price of $28.67.

Zeta Global Stock Performance

Shares of ZETA stock opened at $19.45 on Wednesday. The stock has a market capitalization of $4.63 billion, a PE ratio of -102.37 and a beta of 1.29. Zeta Global Holdings Corp. has a 52-week low of $10.69 and a 52-week high of $38.20. The stock’s 50-day moving average price is $19.57 and its 200 day moving average price is $16.00. The company has a quick ratio of 3.25, a current ratio of 3.25 and a debt-to-equity ratio of 0.29.

Zeta Global Company Profile

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.