Qsemble Capital Management LP Makes New Investment in Zeta Global Holdings Corp. (NYSE:ZETA)

Qsemble Capital Management LP acquired a new position in shares of Zeta Global Holdings Corp. (NYSE:ZETA) in the third quarter, according to its most recent 13F filing with the Securities and Exchange Commission. The institutional investor acquired 58,718 shares of the company’s stock, valued at approximately $1,752,000.

Other hedge funds also recently modified their holdings of the company. Juncture Wealth Strategies LLC lifted its stake in Zeta Global by 3.1% in the third quarter. Juncture Wealth Strategies LLC now owns 21,226 shares of the company’s stock valued at $633,000 after acquiring an additional 634 shares during the last quarter. Essex Investment Management Co. LLC lifted its stake in Zeta Global by 0.3% in the 3rd quarter. Essex Investment Management Co. LLC now owns 306,305 shares of the company’s stock valued at $9,137,000 after purchasing an additional 856 shares during the last quarter. Wolff Wiese Magana LLC bought a new position in Zeta Global during the third quarter worth about $26,000. Amalgamated Bank increased its position in Zeta Global by 20.0% during the second quarter. Amalgamated Bank now owns 5,691 shares of the company’s stock worth $100,000 after buying an additional 948 shares during the last quarter. Finally, Advisors Asset Management Inc. raised its stake in Zeta Global by 104.1% in the third quarter. Advisors Asset Management Inc. now owns 2,227 shares of the company’s stock valued at $66,000 after buying an additional 1,136 shares during the period. Institutional investors own 75.82% of the company’s stock.

Analyst Upgrades and Downgrades

A number of research analysts recently weighed in on ZETA shares. KeyCorp lowered Zeta Global from an “overweight” rating to a “sector weight” rating in a report on Thursday, November 14th. Oppenheimer upped their price objective on shares of Zeta Global from $33.00 to $42.00 and gave the company an “outperform” rating in a report on Tuesday, November 12th. B. Riley raised their target price on shares of Zeta Global from $30.00 to $37.00 and gave the stock a “buy” rating in a research note on Monday, September 30th. Needham & Company LLC upped their price target on shares of Zeta Global from $36.00 to $43.00 and gave the company a “buy” rating in a research note on Tuesday, November 12th. Finally, Craig Hallum increased their price target on shares of Zeta Global from $37.00 to $45.00 and gave the company a “buy” rating in a report on Tuesday, November 12th. Three research analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has given a strong buy rating to the company’s stock. Based on data from MarketBeat.com, Zeta Global presently has a consensus rating of “Moderate Buy” and an average price target of $38.00.

Insider Buying and Selling

In other Zeta Global news, COO Steven H. Gerber acquired 13,250 shares of the company’s stock in a transaction that occurred on Monday, November 18th. The stock was acquired at an average cost of $18.55 per share, for a total transaction of $245,787.50. Following the transaction, the chief operating officer now directly owns 2,940,811 shares in the company, valued at $54,552,044.05. This represents a 0.45 % increase in their ownership of the stock. The acquisition was disclosed in a legal filing with the SEC, which is available through this link. Also, CFO Christopher E. Greiner acquired 7,975 shares of Zeta Global stock in a transaction that occurred on Monday, November 18th. The stock was acquired at an average cost of $18.80 per share, for a total transaction of $149,930.00. Following the completion of the purchase, the chief financial officer now directly owns 2,330,010 shares of the company’s stock, valued at $43,804,188. This represents a 0.34 % increase in their ownership of the stock. The disclosure for this purchase can be found here. In the last 90 days, insiders have bought 129,901 shares of company stock worth $2,471,244. Corporate insiders own 25.54% of the company’s stock.

Zeta Global Stock Performance

Zeta Global stock opened at $21.27 on Tuesday. The stock’s fifty day moving average price is $28.00 and its two-hundred day moving average price is $22.93. The company has a debt-to-equity ratio of 0.41, a quick ratio of 3.32 and a current ratio of 3.32. Zeta Global Holdings Corp. has a one year low of $7.65 and a one year high of $38.20.

Zeta Global (NYSE:ZETA) last posted its quarterly earnings results on Monday, November 11th. The company reported ($0.09) EPS for the quarter, missing analysts’ consensus estimates 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 analyst estimates of $252.68 million. During the same period last year, the firm earned ($0.27) EPS. The firm’s revenue for the quarter was up 42.0% compared to the same quarter last year. Analysts anticipate that Zeta Global Holdings Corp. will post -0.16 EPS for the current year.

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.