Zeta Global Holdings Corp (NYSE: ZETA) is 36.51% higher on its value in year-to-date trading and has touched a low of $7.24 and a high of $12.44 in the current 52-week trading range. The question becomes, what are the chances the stock will continue to grow shareholders’ wealth in the market. Here’s what analysts think will happen to its price in the coming time. The ZETA stock was last observed hovering at around $12.23 in the last trading session, with the day’s loss setting it -0.19%.
Currently trading at $12.04, the stock is 11.22% and 15.95% above its SMA20 and SMA50 respectively. However, with a daily trading volume of 1.39 million and changing -1.55% at the moment leaves the stock 35.24% off its SMA200. ZETA registered 21.37% gain for a year compared to 6-month gain of 43.68%. The firm has a 50-day simple moving average (SMA 50) of $3.68 and a 200-day simple moving average (SMA200) of -$21.57.
3 Tiny Stocks Primed to Explode
The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.
We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.
Click here for full details and to join for free
Sponsored
The stock witnessed a 17.69% loss in the last 1 month and extending the period to 3 months gives it a 48.09%, and is 11.38% up over the last 5 days. If we measure the stock’s price variations over the week and the month, we find that the volatility rates stand at 4.78% over the week and 3.31% over the month.
Zeta Global Holdings Corp (ZETA) has around 1783 employees, a market worth around $2.63B and $728.72M in sales. Fwd P/E is 43.31. Profit margin for the company is -25.73%. Distance from 52-week low is 66.30% and -3.25% from its 52-week high. The company has generated returns on investments over the last 12 months (-51.41%).
Zeta Global Holdings Corp quarterly earnings per share for the current quarter are estimated at $0.07 with sales reaching $187.11M over the same period.The EPS is expected to grow by 80.95% this year, but quarterly earnings will post 20.10% year-over-year. Quarterly sales are estimated to grow 18.70% in year-over-year returns.
Zeta Global Holdings Corp (ZETA) Top Institutional Holders
248 institutions hold shares in Zeta Global Holdings Corp (ZETA), with institutional investors hold 68.89% of the company’s shares. The shares outstanding are 188.63M, and float is at 157.23M with Short Float at 6.36%. Institutions hold 64.64% of the Float.
The top institutional shareholder in the company is GPI Capital, LP with over 16.24 million shares valued at $138.66 million. The investor’s holdings represent 8.90% of the ZETA Shares outstanding. As of Jun 29, 2023, the second largest holder is Vanguard Group Inc with 14.92 million shares valued at $127.45 million to account for 8.18% of the shares outstanding. The other top investors are Blackrock Inc. which holds 9.81 million shares representing 5.38% and valued at over $83.81 million, while Granahan Investment Management LLC holds 3.90% of the shares totaling 7.12 million with a market value of $60.84 million.
Zeta Global Holdings Corp (ZETA) Insider Activity
The most recent transaction is an insider sale by Ravella Satish,the company’sSenior Vice President, Finance. SEC filings show that Ravella Satish sold 5,723 shares of the company’s common stock on Dec 15 ’23 at a price of $8.54 per share for a total of $48874.0. Following the sale, the insider now owns 0.17 million shares.
Zeta Global Holdings Corp disclosed in a document filed with the SEC on Oct 17 ’23 that Ravella Satish (Senior Vice President, Finance) sold a total of 5,000 shares of the company’s common stock. The trade occurred on Oct 17 ’23 and was made at $9.00 per share for $45005.0. Following the transaction, the insider now directly holds 0.23 million shares of the ZETA stock.
Still, SEC filings show that on Oct 09 ’23, Ravella Satish (Senior Vice President, Finance) disposed off 804 shares at an average price of $8.59 for $6909.0. The insider now directly holds 230,141 shares of Zeta Global Holdings Corp (ZETA).
