Harvest Fund Management Co. Ltd Has $712,000 Holdings in Zeta Global Holdings Corp. (NYSE:ZETA)

Harvest Fund Management Co. Ltd lifted its position in shares of Zeta Global Holdings Corp. (NYSE:ZETA) by 26.8% during the 3rd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 23,876 shares of the company’s stock after acquiring an additional 5,039 shares during the quarter. Harvest Fund Management Co. Ltd’s holdings in Zeta Global were worth $712,000 at the end of the most recent reporting period.

Other hedge funds also recently modified their holdings of the company. Wolff Wiese Magana LLC acquired a new stake in shares of Zeta Global during the 3rd quarter valued at $26,000. Quest Partners LLC boosted its holdings in shares of Zeta Global by 1,718.9% during the 2nd quarter. Quest Partners LLC now owns 2,310 shares of the company’s stock valued at $41,000 after acquiring an additional 2,183 shares in the last quarter. Farther Finance Advisors LLC boosted its holdings in shares of Zeta Global by 3,885.7% during the 3rd quarter. Farther Finance Advisors LLC now owns 1,395 shares of the company’s stock valued at $42,000 after acquiring an additional 1,360 shares in the last quarter. Covestor Ltd boosted its holdings 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 valued at $45,000 after acquiring an additional 1,451 shares in the last quarter. Finally, Advisors Asset Management Inc. boosted its holdings in shares of Zeta Global by 104.1% during the 3rd quarter. Advisors Asset Management Inc. now owns 2,227 shares of the company’s stock valued at $66,000 after acquiring an additional 1,136 shares in the last quarter. Institutional investors and hedge funds own 75.82% of the company’s stock.

Wall Street Analysts Forecast Growth

ZETA has been the topic of several recent research reports. DA Davidson raised their price objective on Zeta Global from $39.00 to $42.00 and gave the company a “buy” rating in a report on Tuesday, November 12th. Craig Hallum raised their target price on Zeta Global from $37.00 to $45.00 and gave the stock a “buy” rating in a research report on Tuesday, November 12th. Oppenheimer raised their target price on Zeta Global from $33.00 to $42.00 and gave the stock an “outperform” rating in a research report on Tuesday, November 12th. Bank of America raised their target price on Zeta Global from $30.00 to $36.00 and gave the stock a “buy” rating in a research report on Thursday, September 26th. Finally, Canaccord Genuity Group raised their target price on Zeta Global from $24.00 to $28.00 and gave the stock a “buy” rating in a research report on Wednesday, November 20th. Three research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. According to MarketBeat, the stock currently has an average rating of “Moderate Buy” and an average price target of $38.00.

Zeta Global Stock Down 5.0 %

ZETA stock opened at $21.27 on Tuesday. The stock has a 50-day moving average price of $28.00 and a 200-day moving average price of $22.93. 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 quarterly earnings data on Monday, November 11th. The company reported ($0.09) earnings per share for the quarter, missing the consensus estimate of $0.17 by ($0.26). The business had revenue of $268.30 million during the quarter, compared to the consensus estimate of $252.68 million. Zeta Global had a negative return on equity of 45.22% and a negative net margin of 13.35%. The business’s revenue was up 42.0% on a year-over-year basis. During the same period last year, the business posted ($0.27) earnings per share. Equities research analysts expect that Zeta Global Holdings Corp. will post -0.16 earnings per share for the current year.

Insider Activity

In other news, CFO Christopher E. Greiner bought 7,975 shares of Zeta Global stock in a transaction dated Monday, November 18th. The stock was bought at an average cost of $18.80 per share, for a total transaction of $149,930.00. Following the purchase, the chief financial officer now directly owns 2,330,010 shares in the company, valued at approximately $43,804,188. This represents a 0.34 % increase in their position. The purchase was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, Director Imran Khan purchased 55,000 shares of the business’s stock in a transaction on Monday, November 18th. The shares were bought at an average price of $18.96 per share, with a total value of $1,042,800.00. Following the purchase, the director now directly owns 55,000 shares in the company, valued at approximately $1,042,800. The trade was a ∞ increase in their position. The disclosure for this purchase can be found here. Insiders bought a total of 129,901 shares of company stock worth $2,471,244 in the last three months. Company insiders own 25.54% of the company’s stock.

Zeta Global Company 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.