Clearbridge Investments LLC, a renowned institutional investor, has propelled the position of Zeta Global Holdings Corp. on the NASDAQ market by 1.0% during the fourth quarter. This occurred according to its most recent filing with the Securities & Exchange Commission. The company acquired an additional 28,226 shares amounting to a total of 2,923,636 shares of the company’s stock. Clearbridge Investments LLC owned approximately 1.41% of Zeta Global worth $23,886,000 at the end of this period.
Zeta Global last issued its quarterly earnings data on Thursday, May 4th unveiling some discouraging EPS figures to investors- ($0.38) which is lower than what analysts had previously predicted ($0.05). This certainly came across as disappointing news looking at how it poses considerable challenges for decision-makers hoping to influence future investments in Zeta Corporation.
Zeta Global hopes this discouraging report would not deter potential investors from recognizing valuable opportunities for growth and wealth creation within their sphere of operations. Demonstrably alluding to their “omnichannel data-driven cloud platform,” currently operating in America and beyond.
The objective is clear- delivering much-needed consumer intelligence and marketing automation software globally within a single framework presenting comprehensive insights effortlessly at arm’s reach vis-a-vis billions of structured and unstructured data points analyzed through advanced machine learning algorithms with potential ramifications towards effectively predicting consumer intent incredibly efficiently via omnichannel marketing.
Furthermore, Zeta’s Consumer Data platform powers augmented analytics while creating an amalgamated view of consumers’ identity profiles alongside key characteristics such as behavior and purchase intent among a plethora other value additions.
In conclusion, Zeta can confidently project growth in revenue over the present fiscal year by utilizing insights from the massive reservoirs of consumer data points culled from its omnichannel marketing platform along with unparalleled expertise offered by intuitive machine learning algorithms resulting in one effective response- step aside acquisitions, this could be the near-perfect investment opportunity.
Investors Show Strong Interest in Zeta Global Holdings Corp.
Zeta Global Holdings Corp. has recently been a topic of interest for several hedge funds and institutional investors. The company operates an omnichannel data-driven cloud platform that provides consumer intelligence and marketing automation software to enterprises on a global scale. In recent news, the stock opened at $8.61 on Friday, with one-year lows being $4.09 and highs at $11.28 respectively.
Several key players in the investment space have purchased significant shares of Zeta Global, including Citigroup Inc., who bought a new position valued at approximately $27,000 in the first quarter, Point72 Hong Kong Ltd, who increased its position by 626.8% in Q3 2020, Legal & General Group Plc and Metropolitan Life Insurance Co NY, who both purchased new stakes in Zeta Global.
The company’s Zeta Marketing Platform utilizes machine learning algorithms and opted-in data sets to analyze billions of structured and unstructured data points to predict customer intent for omnichannel marketing efforts. The Consumer Data platform ingests disparate data points to generate a single view of customers that includes identity, profile characteristics, behaviors, and purchase intent.
Several analysts have commented favorably on Zeta Global’s prospects; Oppenheimer boosted their 12-month price objective from $12 to $14 while Credit Suisse Group boosted their price objective from $9 to $10 for the stock. Barclays gave the company an “overweight” rating while Needham & Company LLC reiterated its “buy” rating for Zeta Global with a target price of $13 per share.
In related news regarding insider movements associated with Zeta Global stock, Director Robert H. Niehaus sold thousands of shares across two transactions on Wednesday 8th March (5837 shares) and Monday 6th March (29283 shares). These sales follow previous quarters where insiders sold more than 111207 shares worth over 1 million dollars combined.
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