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Why Zeta Global Holdings Corp (ZETA) Stock Could See Much Higher Prices Ahead

Zeta Global Holdings Corp (NYSE: ZETA) is -20.57% lower on its value in year-to-date trading and has touched a low of $10.05 and a high of $38.20 in the current 52-week trading range. The question becomes, what are the chances the stock will make a comeback and enjoy potential growth. Why not look at analysts view on what the future holds for the stock. The ZETA stock was last observed hovering at around $14.03 in the last trading session, with the day’s gains setting it 0.26%.

Currently trading at $14.29, the stock is -25.64% and -24.21% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 6.35 million and changing 1.85% at the moment leaves the stock -35.38% off its SMA200. ZETA registered 39.69% gain for a year compared to 6-month loss of -42.98%.

The stock witnessed a -32.72% gain in the last 1 month and extending the period to 3 months gives it a -44.59%, and is -15.24% down 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 8.43% over the week and 9.70% over the month.

Zeta Global Holdings Corp (ZETA) has around 2191 employees, a market worth around $3.40B and $1.01B in sales. Fwd P/E is 14.96. Profit margin for the company is -6.94%. Distance from 52-week low is 42.19% and -62.59% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.99%).

with sales reaching $254.18M over the same period.The EPS is expected to grow by 29.98% this year, but quarterly earnings will post 23.40% year-over-year. Quarterly sales are estimated to grow 30.38% in year-over-year returns.

Zeta Global Holdings Corp (ZETA) Top Institutional Holders

The shares outstanding are 213.18M, and float is at 183.09M with Short Float at 13.04%.

The top institutional shareholder in the company is VANGUARD GROUP INC with over 19.03 million shares valued at $335.82 million. The investor’s holdings represent 11.1115% of the ZETA Shares outstanding. As of 2024-06-30, the second largest holder is BLACKROCK INC. with 14.24 million shares valued at $251.27 million to account for 8.3139 of the shares outstanding. The other top investors are GPI CAPITAL, L.P. which holds 10.24 million shares representing 5.7553% and valued at over $180.68 million, while GRANAHAN INVESTMENT MANAGEMENT, LLC holds 3.2054 of the shares totaling 5.7 million with a market value of $100.63 million.

Zeta Global Holdings Corp (ZETA) Insider Activity

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Still, SEC filings show that on Jan 16 ’25, Family Trust No. C5 DTD 5/27/2 (Stockholder) Proposed Sale 267,242 shares at an average price of $17.33 for $4.63 million. The insider now directly holds shares of Zeta Global Holdings Corp (ZETA).

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