Jeanine Silberblatt Sells 7,500 Shares of Zeta Global (NYSE:ZETA) Stock

Zeta Global Holdings Corp. (NYSE:ZETAGet Free Report) Director Jeanine Silberblatt sold 7,500 shares of the firm’s stock in a transaction that occurred on Friday, June 12th. The stock was sold at an average price of $19.89, for a total transaction of $149,175.00. Following the transaction, the director directly owned 50,350 shares of the company’s stock, valued at approximately $1,001,461.50. This trade represents a 12.96% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.

Zeta Global Trading Up 0.6%

Shares of ZETA opened at $20.18 on Friday. The company has a debt-to-equity ratio of 0.22, a current ratio of 2.07 and a quick ratio of 2.07. The firm has a 50 day simple moving average of $18.45 and a 200-day simple moving average of $18.51. Zeta Global Holdings Corp. has a 1-year low of $12.10 and a 1-year high of $25.95. The stock has a market cap of $5.03 billion, a price-to-earnings ratio of -183.46, a price-to-earnings-growth ratio of 3.15 and a beta of 1.34.

Institutional Trading of Zeta Global

Hedge funds have recently bought and sold shares of the company. Cornerstone Planning Group LLC boosted its position in Zeta Global by 3,150.0% during the fourth quarter. Cornerstone Planning Group LLC now owns 1,300 shares of the company’s stock worth $26,000 after acquiring an additional 1,260 shares during the last quarter. DV Equities LLC acquired a new stake in Zeta Global during the fourth quarter worth approximately $29,000. Binnacle Investments Inc acquired a new stake in Zeta Global during the third quarter worth approximately $30,000. United Community Bank acquired a new stake in Zeta Global during the fourth quarter worth approximately $31,000. Finally, EverSource Wealth Advisors LLC boosted its position in Zeta Global by 204.1% during the first quarter. EverSource Wealth Advisors LLC now owns 2,095 shares of the company’s stock worth $33,000 after acquiring an additional 1,406 shares during the last quarter. Institutional investors and hedge funds own 87.75% of the company’s stock.

Wall Street Analysts Forecast Growth

ZETA has been the subject of a number of recent research reports. Wall Street Zen cut shares of Zeta Global from a “buy” rating to a “hold” rating in a research note on Saturday, May 30th. B. Riley Financial reissued a “buy” rating on shares of Zeta Global in a research note on Friday, May 1st. KeyCorp raised shares of Zeta Global from a “sector weight” rating to an “overweight” rating and set a $22.00 price objective for the company in a research note on Tuesday, April 28th. Bank of America initiated coverage on shares of Zeta Global in a research note on Tuesday, May 19th. They set a “buy” rating and a $24.00 price objective for the company. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Zeta Global in a research note on Monday, April 20th. Ten equities research analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has given a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and an average target price of $27.83.

Read Our Latest Stock Analysis on Zeta Global

About Zeta Global

(Get 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.

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