Zeta Global Holdings Corp. $ZETA is Lisanti Capital Growth LLC’s 8th Largest Position

Lisanti Capital Growth LLC increased its position in shares of Zeta Global Holdings Corp. (NYSE:ZETA) by 148.3% during the 3rd quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 370,205 shares of the company’s stock after buying an additional 221,125 shares during the period. Zeta Global comprises approximately 1.8% of Lisanti Capital Growth LLC’s holdings, making the stock its 8th biggest holding. Lisanti Capital Growth LLC owned about 0.16% of Zeta Global worth $7,356,000 at the end of the most recent quarter.

Other institutional investors have also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC increased its position in shares of Zeta Global by 2,000.0% during the second quarter. Golden State Wealth Management LLC now owns 1,680 shares of the company’s stock worth $26,000 after acquiring an additional 1,600 shares during the last quarter. Farther Finance Advisors LLC grew its stake in Zeta Global by 124.9% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,842 shares of the company’s stock valued at $37,000 after purchasing an additional 1,023 shares in the last quarter. Game Plan Financial Advisors LLC purchased a new stake in Zeta Global during the 3rd quarter worth approximately $55,000. Traub Capital Management LLC purchased a new stake in Zeta Global during the 2nd quarter worth approximately $50,000. Finally, SBI Securities Co. Ltd. raised its position in shares of Zeta Global by 58.3% in the 2nd quarter. SBI Securities Co. Ltd. now owns 3,368 shares of the company’s stock valued at $52,000 after purchasing an additional 1,241 shares in the last quarter. Institutional investors and hedge funds own 87.75% of the company’s stock.

Insider Activity

In related news, Director Jeanine Silberblatt sold 12,990 shares of the firm’s stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of $19.34, for a total value of $251,226.60. Following the sale, the director owned 57,850 shares of the company’s stock, valued at approximately $1,118,819. This trade represents a 18.34% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Company insiders own 13.02% of the company’s stock.

Analysts Set New Price Targets

A number of analysts have recently weighed in on the stock. Citigroup assumed coverage on shares of Zeta Global in a research report on Friday, November 21st. They set a “buy” rating and a $26.00 price target for the company. DA Davidson set a $29.00 price objective on shares of Zeta Global in a research note on Monday, January 12th. Weiss Ratings reissued a “sell (d-)” rating on shares of Zeta Global in a research report on Wednesday, January 21st. The Goldman Sachs Group increased their price target on shares of Zeta Global from $23.00 to $26.00 and gave the stock a “neutral” rating in a research report on Wednesday. Finally, Morgan Stanley lifted their price target on Zeta Global from $23.00 to $27.00 and gave the stock an “equal weight” rating in a research note on Thursday, January 15th. Nine research analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Zeta Global presently has an average rating of “Moderate Buy” and a consensus price target of $28.00.

Zeta Global Trading Down 4.7%

Zeta Global stock opened at $18.55 on Friday. Zeta Global Holdings Corp. has a 1 year low of $10.69 and a 1 year high of $26.60. The firm’s 50-day moving average is $19.93 and its 200-day moving average is $19.03. The company has a debt-to-equity ratio of 0.29, a quick ratio of 3.01 and a current ratio of 3.01. The company has a market cap of $4.46 billion, a P/E ratio of -154.57, a PEG ratio of 2.01 and a beta of 1.26.

Zeta Global (NYSE:ZETA) last announced its quarterly earnings data on Tuesday, November 4th. The company reported $0.18 earnings per share for the quarter, missing analysts’ consensus estimates of $0.19 by ($0.01). Zeta Global had a negative net margin of 1.87% and a negative return on equity of 1.22%. The business had revenue of $337.17 million for the quarter, compared to the consensus estimate of $327.70 million. During the same period in the prior year, the company earned ($0.09) EPS. Zeta Global’s quarterly revenue was up 25.6% on a year-over-year basis. On average, equities analysts expect that Zeta Global Holdings Corp. will post -0.16 earnings per share for the current year.

About Zeta Global

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.