Bullseye Asset Management LLC Acquires 30,000 Shares of Zeta Global Holdings Corp. $ZETA

Bullseye Asset Management LLC raised its holdings in shares of Zeta Global Holdings Corp. (NYSE:ZETA) by 7.0% in the second quarter, Holdings Channel.com reports. The firm owned 456,361 shares of the company’s stock after buying an additional 30,000 shares during the period. Zeta Global comprises 3.5% of Bullseye Asset Management LLC’s portfolio, making the stock its 5th largest holding. Bullseye Asset Management LLC’s holdings in Zeta Global were worth $7,069,000 at the end of the most recent quarter.

A number of other institutional investors also recently made changes to their positions in ZETA. Palouse Capital Management Inc. boosted its stake in shares of Zeta Global by 6.1% during the 2nd quarter. Palouse Capital Management Inc. now owns 10,794 shares of the company’s stock valued at $167,000 after buying an additional 619 shares during the last quarter. Harbor Capital Advisors Inc. boosted its stake in Zeta Global by 1.3% during the 2nd quarter. Harbor Capital Advisors Inc. now owns 63,330 shares of the company’s stock valued at $981,000 after acquiring an additional 804 shares during the last quarter. SlateStone Wealth LLC boosted its stake in Zeta Global by 5.8% during the 1st quarter. SlateStone Wealth LLC now owns 17,154 shares of the company’s stock valued at $233,000 after acquiring an additional 948 shares during the last quarter. Teacher Retirement System of Texas grew its holdings in Zeta Global by 4.2% during the 2nd quarter. Teacher Retirement System of Texas now owns 27,651 shares of the company’s stock worth $428,000 after acquiring an additional 1,123 shares in the last quarter. Finally, Advisors Asset Management Inc. increased its position in shares of Zeta Global by 34.2% in the 1st quarter. Advisors Asset Management Inc. now owns 4,579 shares of the company’s stock worth $62,000 after purchasing an additional 1,168 shares during the last quarter. 87.75% of the stock is owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of equities analysts recently commented on ZETA shares. William Blair reiterated an “outperform” rating on shares of Zeta Global in a research note on Monday. The Goldman Sachs Group reiterated a “neutral” rating and issued a $23.00 price target on shares of Zeta Global in a report on Thursday, November 6th. Truist Financial upped their price target on Zeta Global from $34.00 to $36.00 and gave the company a “buy” rating in a research report on Thursday, October 9th. Zacks Research raised shares of Zeta Global from a “strong sell” rating to a “hold” rating in a report on Wednesday, August 27th. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Zeta Global in a research note on Wednesday, October 8th. Nine investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat, the stock currently has an average rating of “Moderate Buy” and a consensus target price of $26.18.

Zeta Global Trading Up 1.3%

NYSE:ZETA opened at $17.49 on Tuesday. The firm has a market capitalization of $4.21 billion, a P/E ratio of -145.75 and a beta of 1.27. The business has a 50 day simple moving average of $19.12 and a 200 day simple moving average of $17.04. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.01 and a quick ratio of 3.01. Zeta Global Holdings Corp. has a 12-month low of $10.69 and a 12-month high of $27.79.

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.