Zeta Global Holdings Corp. (NYSE:ZETA) is George Kaiser Family Foundation’s 9th Largest Position

George Kaiser Family Foundation trimmed its position in shares of Zeta Global Holdings Corp. (NYSE:ZETA) by 37.1% during the 3rd quarter, HoldingsChannel.com reports. The firm owned 103,695 shares of the company’s stock after selling 61,054 shares during the period. Zeta Global makes up about 0.5% of George Kaiser Family Foundation’s holdings, making the stock its 9th biggest holding. George Kaiser Family Foundation’s holdings in Zeta Global were worth $3,093,000 as of its most recent filing with the SEC.

Several other institutional investors also recently bought and sold shares of the company. Wolff Wiese Magana LLC purchased a new stake in Zeta Global during the third quarter valued at $26,000. Quest Partners LLC boosted its holdings in shares of Zeta Global by 1,718.9% in the second quarter. Quest Partners LLC now owns 2,310 shares of the company’s stock worth $41,000 after buying an additional 2,183 shares during the last quarter. Farther Finance Advisors LLC increased its holdings in Zeta Global by 3,885.7% during the third quarter. Farther Finance Advisors LLC now owns 1,395 shares of the company’s stock valued at $42,000 after buying an additional 1,360 shares during the last quarter. Covestor Ltd boosted its stake in shares of Zeta Global by 2,902.0% during the 3rd quarter. Covestor Ltd now owns 1,501 shares of the company’s stock worth $45,000 after acquiring an additional 1,451 shares during the last quarter. Finally, Point72 Hong Kong Ltd purchased a new stake in shares of Zeta Global in the 2nd quarter worth $99,000. 75.82% of the stock is owned by hedge funds and other institutional investors.

Zeta Global Price Performance

Zeta Global stock opened at $19.58 on Tuesday. The firm has a 50-day moving average of $28.44 and a two-hundred day moving average of $22.67. Zeta Global Holdings Corp. has a 1 year low of $7.65 and a 1 year high of $38.20. The company has a debt-to-equity ratio of 0.41, a current ratio of 3.32 and a quick ratio of 3.32.

Zeta Global (NYSE:ZETA) last posted its earnings results on Monday, November 11th. The company reported ($0.09) earnings per share (EPS) for the quarter, missing the consensus estimate of $0.17 by ($0.26). Zeta Global had a negative net margin of 13.35% and a negative return on equity of 45.22%. The company had revenue of $268.30 million during the quarter, compared to analysts’ expectations of $252.68 million. During the same quarter last year, the firm earned ($0.27) EPS. Zeta Global’s revenue for the quarter was up 42.0% on a year-over-year basis. Equities analysts anticipate that Zeta Global Holdings Corp. will post -0.45 EPS for the current fiscal year.

Analyst Ratings Changes

A number of analysts have recently issued reports on ZETA shares. Craig Hallum increased their price objective on shares of Zeta Global from $37.00 to $45.00 and gave the stock a “buy” rating in a research note on Tuesday, November 12th. Truist Financial restated a “buy” rating and issued a $42.00 price objective (up from $35.00) on shares of Zeta Global in a research report on Tuesday, November 12th. Barclays increased their target price on Zeta Global from $28.00 to $32.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 13th. Needham & Company LLC upped their price target on Zeta Global from $36.00 to $43.00 and gave the stock a “buy” rating in a research note on Tuesday, November 12th. Finally, Canaccord Genuity Group upped their target price on shares of Zeta Global from $35.00 to $42.00 and gave the stock a “buy” rating in a research report on Tuesday, November 12th. Three equities research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $39.08.

Insiders Place Their Bets

In other Zeta Global news, Director Imran Khan acquired 55,000 shares of the company’s stock in a transaction on Monday, November 18th. The shares were bought at an average cost of $18.96 per share, with a total value of $1,042,800.00. Following the completion of the acquisition, the director now owns 55,000 shares in the company, valued at approximately $1,042,800. This trade represents a ∞ increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, COO Steven H. Gerber purchased 13,250 shares of the company’s stock in a transaction that occurred on Monday, November 18th. The stock was bought at an average cost of $18.55 per share, for a total transaction of $245,787.50. Following the purchase, the chief operating officer now directly owns 2,940,811 shares in the company, valued at $54,552,044.05. This trade represents a 0.45 % increase in their position. The disclosure for this purchase can be found here. In the last 90 days, insiders have purchased 129,901 shares of company stock worth $2,471,244. Corporate insiders own 25.54% of the company’s stock.

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.