Jump Financial LLC Sells 276,556 Shares of Zeta Global Holdings Corp. $ZETA

Jump Financial LLC cut its position in shares of Zeta Global Holdings Corp. (NYSE:ZETA) by 91.1% during the 1st quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 26,976 shares of the company’s stock after selling 276,556 shares during the quarter. Jump Financial LLC’s holdings in Zeta Global were worth $366,000 as of its most recent filing with the Securities & Exchange Commission.

Several other hedge funds also recently made changes to their positions in the company. Yong Rong HK Asset Management Ltd bought a new stake in shares of Zeta Global during the first quarter valued at approximately $38,748,000. Jacobs Levy Equity Management Inc. bought a new stake in shares of Zeta Global during the fourth quarter valued at approximately $51,042,000. Nuveen LLC bought a new stake in shares of Zeta Global during the first quarter valued at approximately $28,152,000. Northern Trust Corp boosted its position in shares of Zeta Global by 16.0% during the fourth quarter. Northern Trust Corp now owns 2,041,040 shares of the company’s stock valued at $36,718,000 after purchasing an additional 281,251 shares in the last quarter. Finally, Two Sigma Investments LP boosted its position in shares of Zeta Global by 1,240.8% during the fourth quarter. Two Sigma Investments LP now owns 1,847,443 shares of the company’s stock valued at $33,236,000 after purchasing an additional 1,709,654 shares in the last quarter. 87.75% of the stock is currently owned by institutional investors.

Analyst Upgrades and Downgrades

Several equities research analysts recently weighed in on ZETA shares. Morgan Stanley lifted their price target on Zeta Global from $15.00 to $20.00 and gave the company an “equal weight” rating in a research report on Wednesday, August 6th. Bank of America boosted their target price on Zeta Global from $20.00 to $24.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. Wall Street Zen raised Zeta Global from a “hold” rating to a “buy” rating in a report on Saturday, August 9th. Canaccord Genuity Group boosted their target price on Zeta Global from $26.00 to $28.00 and gave the stock a “buy” rating in a report on Wednesday, August 6th. Finally, The Goldman Sachs Group boosted their target price on Zeta Global from $16.00 to $18.00 and gave the stock a “neutral” rating in a report on Thursday, August 7th. Eleven investment analysts have rated the stock with a Buy rating and five have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and a consensus target price of $30.14.

Zeta Global Stock Down 5.5%

ZETA stock opened at $18.55 on Wednesday. Zeta Global Holdings Corp. has a 1-year low of $10.69 and a 1-year high of $38.20. The business has a fifty day moving average price of $16.85 and a 200-day moving average price of $15.19. The company has a debt-to-equity ratio of 0.29, a current ratio of 3.25 and a quick ratio of 3.25. The stock has a market capitalization of $4.42 billion, a P/E ratio of -97.64 and a beta of 1.30.

About Zeta Global

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.