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Zeta Global Holdings Corp (ZETA) Stock Could Soon Reward Patient Investors

SQ

Zeta Global Holdings Corp (NYSE: ZETA) is -22.01% lower on its value in year-to-date trading and has touched a low of $10.30 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 $13.56 in the last trading session, with the day’s gains setting it 0.47%.

Currently trading at $14.03, the stock is -4.34% and -20.83% below its SMA20 and SMA50 respectively. However, with a daily trading volume of 3.14 million and changing 3.47% at the moment leaves the stock -36.05% off its SMA200. ZETA registered 28.36% gain for a year compared to 6-month loss of -52.46%. The firm has a 50-day simple moving average (SMA 50) of $17.7212 and a 200-day simple moving average (SMA200) of $21.9377.

The stock witnessed a -15.33% gain in the last 1 month and extending the period to 3 months gives it a -20.60%, and is -10.81% 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 5.96% over the week and 6.64% over the month.

Zeta Global Holdings Corp (ZETA) has around 2191 employees, a market worth around $3.34B and $1.01B in sales. Fwd P/E is 14.69. Profit margin for the company is -6.94%. Distance from 52-week low is 36.21% and -63.27% from its 52-week high. The company has generated returns on investments over the last 12 months (-7.99%).

The EPS is expected to grow by 29.98% this year.

Zeta Global Holdings Corp (ZETA) Top Institutional Holders

415.0 institutions hold shares in Zeta Global Holdings Corp (ZETA), with institutional investors hold 78.67% of the company’s shares. The shares outstanding are 213.18M, and float is at 184.37M with Short Float at 12.35%. Institutions hold 70.81% of the Float.

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 8.0038 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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