Teachers Retirement System of The State of Kentucky Purchases 29,665 Shares of Zeta Global Holdings Corp. $ZETA

Teachers Retirement System of The State of Kentucky boosted its holdings in shares of Zeta Global Holdings Corp. (NYSE:ZETA) by 55.0% during the third quarter, Holdings Channel reports. The firm owned 83,593 shares of the company’s stock after acquiring an additional 29,665 shares during the quarter. Teachers Retirement System of The State of Kentucky’s holdings in Zeta Global were worth $1,661,000 at the end of the most recent quarter.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Golden State Wealth Management LLC lifted its holdings in 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 valued at $26,000 after purchasing an additional 1,600 shares in the last quarter. Farther Finance Advisors LLC increased its stake in Zeta Global by 124.9% in the 3rd quarter. Farther Finance Advisors LLC now owns 1,842 shares of the company’s stock worth $37,000 after buying an additional 1,023 shares in the last quarter. Traub Capital Management LLC bought a new stake in Zeta Global during the second quarter valued at about $50,000. SBI Securities Co. Ltd. lifted its position in shares of Zeta Global by 58.3% in the second quarter. SBI Securities Co. Ltd. now owns 3,368 shares of the company’s stock valued at $52,000 after acquiring an additional 1,241 shares in the last quarter. Finally, Game Plan Financial Advisors LLC bought a new position in shares of Zeta Global in the third quarter worth about $55,000. 87.75% of the stock is owned by hedge funds and other institutional investors.

Zeta Global Stock Up 0.9%

NYSE:ZETA opened at $18.93 on Friday. The company has a market cap of $4.55 billion, a PE ratio of -126.19, a P/E/G ratio of 2.20 and a beta of 1.28. The company has a current ratio of 1.60, a quick ratio of 1.60 and a debt-to-equity ratio of 0.24. Zeta Global Holdings Corp. has a twelve month low of $10.69 and a twelve month high of $24.90. The company’s 50 day moving average is $19.16 and its two-hundred day moving average is $19.06.

Analysts Set New Price Targets

Several research analysts have weighed in on the company. Needham & Company LLC restated a “buy” rating on shares of Zeta Global in a research note on Tuesday, November 25th. Bank of America lifted their price target on shares of Zeta Global from $28.00 to $30.00 and gave the company a “buy” rating in a report on Tuesday, November 25th. UBS Group set a $29.00 price objective on Zeta Global in a research report on Tuesday, November 25th. Wall Street Zen downgraded Zeta Global from a “buy” rating to a “hold” rating in a research report on Saturday, February 28th. Finally, Citigroup initiated coverage on shares of Zeta Global in a report on Friday, November 21st. They issued a “buy” rating and a $26.00 price target for the company. Nine research analysts have rated the stock with a Buy rating, three have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of $29.00.

Insider Buying and Selling at Zeta Global

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

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.