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Thu Sep 26 12:59:50 UTC 2024: ## Institutional Investors Bet on Zeta Global’s Growth
**New York, NY – September 26, 2024** – Zeta Global Holdings Corp. (NASDAQ: ZETA) continues to attract significant institutional interest, with several investors increasing their stakes in the company during the second quarter.
XTX Topco Ltd, a notable investor, made a new $435,000 investment in Zeta Global, acquiring 24,656 shares. This follows a trend of other institutions increasing their holdings, including Quest Partners LLC (1,718.9% increase), Halpern Financial Inc. (18.6% increase), Amalgamated Bank (20.0% increase), and nVerses Capital LLC (1,900.0% increase).
DekaBank Deutsche Girozentrale also joined the list of investors, acquiring a new position in Zeta Global valued at approximately $105,000. Overall, institutional investors and hedge funds now own 75.82% of Zeta Global’s stock, demonstrating strong confidence in the company’s future.
The company’s stock opened at $29.63 on Thursday, with a 52-week low of $7.38 and a 52-week high of $30.47. Zeta Global boasts a market cap of $6.52 billion and has received positive analyst ratings, with twelve analysts issuing “buy” ratings and one giving a “strong buy” rating. According to MarketBeat.com, the company’s consensus rating is “Buy” with a target price of $30.17.
Zeta Global’s success is driven by its data-driven cloud platform that offers consumer intelligence and marketing automation software to enterprises worldwide. The company utilizes advanced machine learning algorithms and a robust data set to predict consumer intent, making it a valuable tool for optimizing marketing campaigns.
Investors are optimistic about Zeta Global’s continued growth in the data-driven marketing landscape, particularly with the company’s strong track record and positive analyst sentiment.