Fiduciary Alliance LLC Boosts Holdings in Zeta Global Holdings Corp. $ZETA

Fiduciary Alliance LLC grew its stake in Zeta Global Holdings Corp. (NYSE:ZETA) by 81.6% during the 1st quarter, Holdings Channel reports. The firm owned 356,064 shares of the company’s stock after purchasing an additional 159,943 shares during the quarter. Fiduciary Alliance LLC’s holdings in Zeta Global were worth $6,185,000 at the end of the most recent reporting period.

A number of other institutional investors and hedge funds have also modified their holdings of ZETA. Blue Trust Inc. raised its position in shares of Zeta Global by 5.7% during the 1st quarter. Blue Trust Inc. now owns 25,152 shares of the company’s stock worth $400,000 after purchasing an additional 1,353 shares during the last quarter. Diversified Trust Co boosted its holdings in Zeta Global by 161.2% in the 1st quarter. Diversified Trust Co now owns 82,322 shares of the company’s stock worth $1,311,000 after buying an additional 50,800 shares during the last quarter. Hsbc Holdings PLC boosted its holdings in Zeta Global by 2.3% in the 4th quarter. Hsbc Holdings PLC now owns 34,938 shares of the company’s stock worth $724,000 after buying an additional 793 shares during the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management purchased a new stake in Zeta Global during the 4th quarter worth approximately $83,000. Finally, DGS Capital Management LLC increased its stake in Zeta Global by 64.4% during the 4th quarter. DGS Capital Management LLC now owns 24,890 shares of the company’s stock worth $507,000 after buying an additional 9,748 shares in the last quarter. Hedge funds and other institutional investors own 87.75% of the company’s stock.

Insider Activity at Zeta Global

In related news, Director Jeanine Silberblatt sold 7,500 shares of Zeta Global 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 owned 50,350 shares in the company, 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 SEC, which can be accessed through this link. Corporate insiders own 10.74% of the company’s stock.

Zeta Global Trading Down 3.8%

Shares of Zeta Global stock opened at $18.77 on Thursday. The stock has a market cap of $4.68 billion, a P/E ratio of -170.60, a P/E/G ratio of 2.88 and a beta of 1.34. The stock’s 50 day simple moving average is $19.01 and its 200-day simple moving average is $18.57. Zeta Global Holdings Corp. has a 1-year low of $13.74 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.

Key Zeta Global News

Here are the key news stories impacting Zeta Global this week:

• Positive Sentiment: Zeta’s new multi-year partnership with Palantir to develop a unified data and AI infrastructure for marketing has been described by analysts as strategically positive and a validation of Zeta’s AI pivot. Zeta’s partnership with Palantir ‘strategically positive’: Needham
• Positive Sentiment: Bank of America raised its price target on Zeta Global and reiterated a buy rating, signaling increased confidence in the company’s growth outlook and upside potential. Read More: Read More.
• Positive Sentiment: DA Davidson reaffirmed its buy rating on Zeta Global and set a higher price target, adding to the bullish analyst response following the Palantir deal. Read More: Read More., Read More.
• Positive Sentiment: Reports say the Palantir-Zeta agreement could be a 7-year deal targeting roughly $100 million in annual revenue, which would help support long-term growth expectations. Palantir and Zeta Global ink 7-year deal, targeting $100M in annual revenue
• Neutral Sentiment: Several articles focused on whether Zeta’s valuation is still attractive after its strong multi-year run, suggesting some debate remains about how much of the good news is already priced in. Zeta Global (ZETA) Stock After 3-Year 139% Gain Is The Valuation Still Attractive
• Neutral Sentiment: Market coverage also noted mixed analyst target changes after Zeta’s platform reframing, indicating a more divided view on the stock’s near-term valuation. Zeta Global (ZETA) Stock Faces Mixed Analyst Target Changes After Platform Reframing

Wall Street Analyst Weigh In

Several equities analysts have recently weighed in on the company. Weiss Ratings restated a “sell (d-)” rating on shares of Zeta Global in a research report on Monday, April 20th. Bank of America boosted their price target on Zeta Global from $24.00 to $28.00 and gave the stock a “buy” rating in a research report on Wednesday. DA Davidson reissued a “buy” rating and issued a $30.00 price objective on shares of Zeta Global in a research note on Wednesday. Royal Bank Of Canada increased their price objective on Zeta Global from $27.00 to $29.00 and gave the company an “outperform” rating in a research note on Friday, May 1st. Finally, B. Riley Financial restated a “buy” rating on shares of Zeta Global in a report on Friday, May 1st. Ten equities research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat, Zeta Global currently has an average rating of “Moderate Buy” and an average target price of $28.33.

Zeta Global Company 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.