Zeta Global (NYSE:ZETA) Shares Down 6.1% - What's Next?

Zeta Global Holdings Corp. (NYSE:ZETA - Get Free Report)'s share price dropped 6.1% on Tuesday . The stock traded as low as $13.54 and last traded at $13.59. Approximately 1,517,153 shares traded hands during trading, a decline of 69% from the average daily volume of 4,837,251 shares. The stock had previously closed at $14.47.Analyst Upgrades and DowngradesTop 3 High-Risk, High-Reward Plays for Bullish InvestorsA number of analysts have recently issued reports on the stock. B. Riley reaffirmed a "buy" rating and set a $44.00 price objective on shares of Zeta Global in a report on Wednesday, February 26th. Needham & Company LLC reiterated a "buy" rating and issued a $43.00 price objective on shares of Zeta Global in a report on Wednesday, February 26th. Barclays reduced their price objective on Zeta Global from $32.00 to $18.00 and set an "equal weight" rating on the stock in a research report on Thursday, February 27th. The Goldman Sachs Group cut their target price on Zeta Global from $30.00 to $27.00 and set a "neutral" rating for the company in a research note on Tuesday, March 4th. Finally, William Blair reissued an "outperform" rating on shares of Zeta Global in a research note on Wednesday, February 26th. Four investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company's stock. According to data from MarketBeat, the company presently has a consensus rating of "Moderate Buy" and a consensus target price of $36.86.Read Our Latest Stock Report on ZETAZeta Global Trading Down 5.5 %Zeta Global’s AI Cloud: Your Secret Weapon for Massive GrowthThe company has a quick ratio of 3.32, a current ratio of 3.32 and a debt-to-equity ratio of 0.41. The company has a market capitalization of $3.25 billion, a PE ratio of -19.55, a price-to-earnings-growth ratio of 1.65 and a beta of 1.18. The stock's fifty day moving average price is $18.61 and its two-hundred day moving average price is $22.99. Institutional Trading of Zeta GlobalSeveral large investors have recently bought and sold shares of ZETA. Optiver Holding B.V. increased its stake in shares of Zeta Global by 60.9% in the 4th quarter. Optiver Holding B.V. now owns 1,406 shares of the company's stock worth $25,000 after acquiring an additional 532 shares in the last quarter. Rakuten Securities Inc. purchased a new stake in Zeta Global in the fourth quarter worth about $27,000. Coppell Advisory Solutions LLC increased its stake in shares of Zeta Global by 244.1% during the fourth quarter. Coppell Advisory Solutions LLC now owns 1,693 shares of the company's stock valued at $31,000 after purchasing an additional 1,201 shares in the last quarter. SBI Securities Co. Ltd. purchased a new position in shares of Zeta Global during the fourth quarter valued at approximately $33,000. Finally, Point72 Hong Kong Ltd bought a new stake in shares of Zeta Global in the 4th quarter worth approximately $33,000. 87.75% of the stock is owned by institutional investors. Zeta Global Company Profile (Get Free Report)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.Further ReadingFive stocks we like better than Zeta GlobalConsumer Discretionary Stocks ExplainedArqit Stock Soars as NVIDIA’s GTC Fuels Quantum ExcitementWhy Understanding Call Option Volume is Essential to Successful Options Trading3 Must-Own Stocks to Build Wealth This DecadeWhat is the Nasdaq? Complete Overview with HistoryAdvanced Micro Devices Eyes AI Market Growth—Is AMD a Buy?This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in Zeta Global Right Now?Before you consider Zeta Global, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Zeta Global wasn't on the list.While Zeta Global currently has a Moderate Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here