Contour Asset Management LLC Boosts Position in Zeta Global Holdings Corp. $ZETA

Contour Asset Management LLC raised its holdings in Zeta Global Holdings Corp. (NYSE:ZETAFree Report) by 26.3% in the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 11,162,626 shares of the company’s stock after acquiring an additional 2,327,907 shares during the quarter. Zeta Global makes up about 5.3% of Contour Asset Management LLC’s portfolio, making the stock its 9th largest holding. Contour Asset Management LLC owned about 4.64% of Zeta Global worth $227,159,000 at the end of the most recent quarter.

Several other large investors have also recently modified their holdings of the business. Boothbay Fund Management LLC acquired a new position in shares of Zeta Global during the fourth quarter worth $1,211,000. Armistice Capital LLC increased its holdings in Zeta Global by 37.2% in the fourth quarter. Armistice Capital LLC now owns 428,229 shares of the company’s stock valued at $8,714,000 after purchasing an additional 116,140 shares during the period. Freestone Grove Partners LP acquired a new stake in Zeta Global in the fourth quarter valued at $215,000. Pennington Partners & CO. LLC bought a new position in Zeta Global during the 4th quarter worth $1,341,000. Finally, Schonfeld Strategic Advisors LLC raised its position in Zeta Global by 92.7% during the 4th quarter. Schonfeld Strategic Advisors LLC now owns 21,488 shares of the company’s stock worth $437,000 after purchasing an additional 10,336 shares during the last quarter. Institutional investors own 87.75% of the company’s stock.

Analysts Set New Price Targets

Several equities research analysts have recently weighed in on ZETA shares. B. Riley Financial reissued a “buy” rating on shares of Zeta Global in a research note on Friday, May 1st. DA Davidson upped their target price on Zeta Global from $29.00 to $30.00 and gave the company a “buy” rating in a report on Thursday, February 26th. Wall Street Zen downgraded shares of Zeta Global from a “buy” rating to a “hold” rating in a research report on Saturday, May 30th. KeyCorp upgraded shares of Zeta Global from a “sector weight” rating to an “overweight” rating and set a $22.00 price target for the company in a report on Tuesday, April 28th. Finally, Bank of America started coverage on shares of Zeta Global in a research report on Tuesday, May 19th. They issued a “buy” rating and a $24.00 price target on the stock. Ten analysts have rated the stock with a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, Zeta Global presently has a consensus rating of “Moderate Buy” and a consensus price target of $27.83.

Get Our Latest Research Report on ZETA

Zeta Global Stock Down 6.0%

Shares of NYSE:ZETA opened at $18.54 on Thursday. Zeta Global Holdings Corp. has a 1 year low of $12.39 and a 1 year high of $25.95. 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 business’s 50-day moving average is $18.66 and its 200-day moving average is $18.54. The company has a market capitalization of $4.62 billion, a price-to-earnings ratio of -168.56, a P/E/G ratio of 3.07 and a beta of 1.34.

Insider Transactions at Zeta Global

In other Zeta Global news, Director Jeanine Silberblatt sold 7,500 shares of the 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 in the company, valued at approximately $1,001,461.50. This represents a 12.96% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Company insiders own 10.74% of the company’s stock.

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

Want to see what other hedge funds are holding ZETA? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Zeta Global Holdings Corp. (NYSE:ZETAFree Report).

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

Receive News & Ratings for Zeta Global Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zeta Global and related companies with MarketBeat.com's FREE daily email newsletter.