ExodusPoint Capital Management LP Takes $1.09 Million Position in Zeta Global Holdings Corp. (NYSE:ZETA)

ExodusPoint Capital Management LP acquired a new stake in Zeta Global Holdings Corp. (NYSE:ZETA) in the 4th quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The institutional investor acquired 60,594 shares of the company’s stock, valued at approximately $1,090,000.

Other hedge funds also recently modified their holdings of the company. Rakuten Securities Inc. bought a new stake in shares of Zeta Global in the fourth quarter valued at approximately $27,000. SBI Securities Co. Ltd. acquired a new position in shares of Zeta Global in the fourth quarter valued at $33,000. Heck Capital Advisors LLC acquired a new position in shares of Zeta Global in the fourth quarter valued at $66,000. IFP Advisors Inc acquired a new position in shares of Zeta Global in the fourth quarter valued at $72,000. Finally, Transcendent Capital Group LLC acquired a new position in shares of Zeta Global in the fourth quarter valued at $87,000. 87.75% of the stock is owned by institutional investors.

Analyst Upgrades and Downgrades

A number of research analysts recently commented on the company. The Goldman Sachs Group cut their target price on Zeta Global from $30.00 to $27.00 and set a “neutral” rating for the company in a research note on Tuesday, March 4th. William Blair restated an “outperform” rating on shares of Zeta Global in a research note on Wednesday, February 26th. Needham & Company LLC restated a “buy” rating and issued a $43.00 target price on shares of Zeta Global in a research note on Wednesday, February 26th. Canaccord Genuity Group restated a “buy” rating and issued a $28.00 target price on shares of Zeta Global in a research note on Wednesday, February 26th. Finally, Morgan Stanley increased their price objective on Zeta Global from $23.00 to $25.00 and gave the stock an “equal weight” rating in a research note on Wednesday, February 26th. Four analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.com, Zeta Global presently has an average rating of “Moderate Buy” and a consensus price target of $36.86.

Zeta Global Stock Performance

Shares of NYSE:ZETA opened at $11.71 on Friday. Zeta Global Holdings Corp. has a twelve month low of $10.93 and a twelve month high of $38.20. The firm has a market cap of $2.78 billion, a PE ratio of -16.73, a price-to-earnings-growth ratio of 1.65 and a beta of 1.29. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.32 and a current ratio of 3.32. The business has a fifty day moving average of $16.74 and a 200-day moving average of $21.19.

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.