Granite Investment Partners LLC Sells 42,880 Shares of Zeta Global Holdings Corp. $ZETA

Granite Investment Partners LLC trimmed its holdings in Zeta Global Holdings Corp. (NYSE:ZETAFree Report) by 5.8% during the first quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 700,167 shares of the company’s stock after selling 42,880 shares during the quarter. Granite Investment Partners LLC’s holdings in Zeta Global were worth $11,147,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

Other institutional investors and hedge funds also recently made changes to their positions in the company. Advisors Asset Management Inc. lifted its stake in Zeta Global by 34.2% in the first quarter. Advisors Asset Management Inc. now owns 4,579 shares of the company’s stock valued at $62,000 after buying an additional 1,168 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. grew its position in shares of Zeta Global by 4.6% during the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 106,371 shares of the company’s stock worth $1,442,000 after buying an additional 4,631 shares during the period. Caxton Associates LLP acquired a new stake in shares of Zeta Global during the 1st quarter worth approximately $205,000. Woodline Partners LP bought a new stake in shares of Zeta Global in the 1st quarter valued at $222,000. Finally, Strs Ohio bought a new stake in shares of Zeta Global in the 1st quarter valued at $117,000. Institutional investors own 87.75% of the company’s stock.

Analysts Set New Price Targets

Several brokerages recently issued reports on ZETA. Weiss Ratings reissued a “sell (d-)” rating on shares of Zeta Global in a research note on Monday, April 20th. Freedom Capital upgraded shares of Zeta Global to a “strong-buy” rating in a report on Monday, June 29th. DA Davidson reaffirmed a “buy” rating and issued a $30.00 price target on shares of Zeta Global in a research note on Wednesday, June 24th. KeyCorp upgraded shares of Zeta Global from a “sector weight” rating to an “overweight” rating and set a $22.00 price objective on the stock in a report on Tuesday, April 28th. Finally, Royal Bank Of Canada increased their price objective on shares of Zeta Global from $27.00 to $29.00 and gave the stock an “outperform” rating in a research report on Friday, May 1st. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, Zeta Global presently has a consensus rating of “Moderate Buy” and a consensus target price of $28.33.

Check Out Our Latest Stock Report on ZETA

Insider Buying and Selling

In other Zeta Global news, Director Jeanine Silberblatt sold 7,500 shares of the business’s stock in a transaction on Friday, June 12th. The shares were sold at an average price of $19.89, for a total transaction of $149,175.00. Following the completion of the sale, the director owned 50,350 shares in the company, valued at approximately $1,001,461.50. The trade was a 12.96% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Company insiders own 10.74% of the company’s stock.

Zeta Global Price Performance

Shares of NYSE:ZETA opened at $21.61 on Thursday. Zeta Global Holdings Corp. has a twelve month low of $13.74 and a twelve month high of $25.95. The stock’s 50 day moving average is $19.57 and its 200-day moving average is $18.70. The company has a quick ratio of 2.07, a current ratio of 2.07 and a debt-to-equity ratio of 0.22. The firm has a market capitalization of $5.39 billion, a price-to-earnings ratio of -196.43, a PEG ratio of 3.23 and a beta of 1.37.

Zeta Global Profile

(Free Report)

Zeta Global, founded in 2007 and headquartered in New York City, is a leading data-driven marketing technology company. The firm’s mission centers on helping brands acquire, grow and retain customers through a unified customer lifecycle management platform. Over the years, Zeta Global has built a reputation for leveraging big data and predictive analytics to power digital marketing programs across multiple channels.

At the core of Zeta’s offering is the Zeta Marketing Platform, which combines identity resolution, audience insights and real-time engagement capabilities.

Further Reading

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Institutional Ownership by Quarter for Zeta Global (NYSE:ZETA)

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