Alpha DNA Investment Management LLC Buys 10,076 Shares of Zeta Global Holdings Corp. (NYSE:ZETA)

Alpha DNA Investment Management LLC increased its stake in Zeta Global Holdings Corp. (NYSE:ZETA) by 63.7% in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The firm owned 25,901 shares of the company’s stock after purchasing an additional 10,076 shares during the period. Alpha DNA Investment Management LLC’s holdings in Zeta Global were worth $466,000 as of its most recent filing with the Securities and Exchange Commission.

A number of other large investors have also recently added to or reduced their stakes in the company. Canada Pension Plan Investment Board raised its holdings in shares of Zeta Global by 1,314.3% in the fourth quarter. Canada Pension Plan Investment Board now owns 178,200 shares of the company’s stock valued at $3,206,000 after purchasing an additional 165,600 shares during the last quarter. Regal Investment Advisors LLC lifted its position in Zeta Global by 9.6% during the 4th quarter. Regal Investment Advisors LLC now owns 54,821 shares of the company’s stock worth $986,000 after buying an additional 4,819 shares in the last quarter. Jump Financial LLC boosted its stake in shares of Zeta Global by 2,106.2% during the 4th quarter. Jump Financial LLC now owns 303,532 shares of the company’s stock worth $5,461,000 after buying an additional 289,774 shares during the last quarter. Guggenheim Capital LLC bought a new position in shares of Zeta Global in the 4th quarter valued at about $197,000. Finally, Summit Investment Advisors Inc. increased its position in shares of Zeta Global by 3.3% in the fourth quarter. Summit Investment Advisors Inc. now owns 18,698 shares of the company’s stock valued at $336,000 after acquiring an additional 592 shares during the last quarter. Institutional investors own 87.75% of the company’s stock.

Analyst Upgrades and Downgrades

ZETA has been the subject of a number of analyst reports. Royal Bank of Canada decreased their price target on Zeta Global from $43.00 to $40.00 and set an “outperform” rating for the company in a research note on Friday, January 3rd. William Blair reiterated an “outperform” rating on shares of Zeta Global in a research note on Wednesday, February 26th. Truist Financial lowered their price objective on shares of Zeta Global from $42.00 to $34.00 and set a “buy” rating on the stock in a research note on Wednesday. B. Riley reiterated a “buy” rating and set a $44.00 price target on shares of Zeta Global in a report on Wednesday, February 26th. Finally, Canaccord Genuity Group restated a “buy” rating and issued a $28.00 price objective on shares of Zeta Global in a research note on Wednesday, February 26th. Four research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Zeta Global currently has an average rating of “Moderate Buy” and a consensus price target of $34.36.

Zeta Global Trading Up 1.0 %

Shares of Zeta Global stock opened at $11.46 on Friday. Zeta Global Holdings Corp. has a 52-week low of $10.93 and a 52-week high of $38.20. The firm has a 50-day moving average of $15.71 and a 200-day moving average of $20.50. The stock has a market cap of $2.72 billion, a PE ratio of -16.37, a PEG ratio of 1.65 and a beta of 1.29. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.32 and a current ratio of 3.32.

Zeta Global Profile

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.