Regal Partners Ltd Makes New $155,000 Investment in Zeta Global Holdings Corp. $ZETA

Regal Partners Ltd bought a new position in Zeta Global Holdings Corp. (NYSE:ZETA) in the second quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 10,000 shares of the company’s stock, valued at approximately $155,000.

A number of other large investors have also added to or reduced their stakes in ZETA. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its holdings in Zeta Global by 753.3% in the first 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 purchasing an additional 5,567,201 shares in the last quarter. Yong Rong HK Asset Management Ltd bought a new position in Zeta Global in the first quarter worth about $38,748,000. Nuveen LLC bought a new position in Zeta Global in the first quarter worth about $28,152,000. Think Investments LP bought a new position in Zeta Global in the first quarter worth about $19,126,000. Finally, Bwcp LP grew its stake 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 acquiring an additional 1,319,273 shares during the last quarter. 87.75% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

ZETA has been the topic of a number of research analyst reports. Morgan Stanley boosted their price target on Zeta Global from $15.00 to $20.00 and gave the stock an “equal weight” rating in a research note on Wednesday, August 6th. DA Davidson boosted their price target on Zeta Global from $25.00 to $27.00 and gave the stock a “buy” rating in a research note on Monday, September 22nd. Zacks Research upgraded Zeta Global from a “strong sell” rating to a “hold” rating in a research note on Wednesday, August 27th. Bank of America boosted their price target on Zeta Global from $20.00 to $24.00 and gave the stock a “buy” rating in a research note on Wednesday, August 6th. Finally, Needham & Company LLC restated a “buy” rating and set a $25.00 price target on shares of Zeta Global in a research note on Thursday, October 9th. Ten research analysts have rated the stock with a Buy rating, five have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of $28.67.

Zeta Global Price Performance

Shares of NYSE ZETA opened at $18.00 on Friday. The business’s 50 day moving average price is $19.48 and its 200 day moving average price is $16.37. The firm has a market cap of $4.28 billion, a P/E ratio of -94.72 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 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 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.