Skylands Capital LLC Buys 37,950 Shares of Zeta Global Holdings Corp. $ZETA

Skylands Capital LLC lifted its stake in Zeta Global Holdings Corp. (NYSE:ZETA) by 92.6% in the 1st quarter, HoldingsChannel reports. The firm owned 78,950 shares of the company’s stock after buying an additional 37,950 shares during the quarter. Skylands Capital LLC’s holdings in Zeta Global were worth $1,257,000 at the end of the most recent quarter.

A number of other large investors have also recently modified their holdings of ZETA. Advisors Asset Management Inc. increased its position in shares of Zeta Global by 34.2% during 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. lifted its holdings in Zeta Global by 4.6% in the first 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 purchased a new stake in Zeta Global in the first quarter worth about $205,000. Woodline Partners LP bought a new stake in Zeta Global during the 1st quarter valued at approximately $222,000. Finally, Strs Ohio bought a new stake in Zeta Global during the 1st quarter valued at approximately $117,000. Institutional investors own 87.75% of the company’s stock.

Insider Transactions at Zeta Global

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 stock was sold at an average price of $19.89, for a total value of $149,175.00. Following the sale, the director directly owned 50,350 shares of the company’s stock, valued at approximately $1,001,461.50. The trade was a 12.96% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. Insiders own 10.74% of the company’s stock.

Zeta Global Stock Performance

Shares of ZETA opened at $18.98 on Friday. 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 business’s 50 day moving average price is $19.07 and its 200-day moving average price is $18.56. Zeta Global Holdings Corp. has a 52 week low of $13.74 and a 52 week high of $25.95. The stock has a market cap of $4.73 billion, a P/E ratio of -172.50, a P/E/G ratio of 2.81 and a beta of 1.34.

Wall Street Analyst Weigh In

ZETA has been the topic of a number of research analyst reports. B. Riley Financial reiterated a “buy” rating on shares of Zeta Global in a report on Friday, May 1st. KeyCorp upgraded Zeta Global from a “sector weight” rating to an “overweight” rating and set a $22.00 price target on the stock in a research report on Tuesday, April 28th. DA Davidson reaffirmed a “buy” rating and issued a $30.00 price target on shares of Zeta Global in a research note on Wednesday. The Goldman Sachs Group set a $28.00 price objective on Zeta Global and gave the stock a “neutral” rating in a report on Wednesday. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Zeta Global in a research report on Monday, April 20th. Ten investment analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Zeta Global has a consensus rating of “Moderate Buy” and an average target price of $28.33.

Zeta Global Profile

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.