Zeta Global Holdings Corp. (NASDAQ:ZETA – Get Rating) Director Robert H. Niehaus sold 175,536 shares of the company’s stock in a transaction that occurred on Friday, October 28th. The shares were sold at an average price of $8.09, for a total value of $1,420,086.24. Following the completion of the transaction, the director now directly owns 16,621,891 shares in the company, valued at approximately $134,471,098.19. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink.
Zeta Global Trading Up 0.7 %
Zeta Global stock traded up $0.06 during mid-day trading on Monday, reaching $8.34. 1,838,831 shares of the company were exchanged, compared to its average volume of 1,237,822. The company has a debt-to-equity ratio of 1.72, a current ratio of 1.68 and a quick ratio of 1.68. The company has a fifty day simple moving average of $6.99 and a 200-day simple moving average of $7.10. Zeta Global Holdings Corp. has a 12 month low of $4.09 and a 12 month high of $13.46.
Zeta Global (NASDAQ:ZETA – Get Rating) last issued its quarterly earnings results on Wednesday, August 3rd. The company reported ($0.62) EPS for the quarter, missing analysts’ consensus estimates of ($0.46) by ($0.16). The company had revenue of $137.30 million during the quarter, compared to the consensus estimate of $129.71 million. Zeta Global had a negative return on equity of 319.87% and a negative net margin of 56.14%. As a group, equities analysts anticipate that Zeta Global Holdings Corp. will post -1.82 EPS for the current year.
Analyst Ratings Changes
A number of research analysts have commented on the company. Credit Suisse Group decreased their price objective on Zeta Global from $12.00 to $9.50 and set a “neutral” rating on the stock in a report on Thursday, August 4th. Morgan Stanley upped their price target on shares of Zeta Global from $6.50 to $7.00 and gave the company an “equal weight” rating in a research note on Thursday,…
..
[ad_2]