Investors can expect a company’s stock to rise or fall based on the buying and selling of stock by its insiders. Zeta Global Holdings Corp shares valued at $48,874 were sold by Ravella Satish on Dec 15 ’23. At $8.54 per share, Ravella Satish sold 5,723 shares. The insider’s holdings dropped to 166,311 shares worth approximately $1.94 million following the completion of this transaction.
Also, Ravella Satish sold 5,000 shares, netting a total of over 45,005 in proceeds. Following the sale of shares at $9.00 each, the insider now holds 225,141 shares.
Before that, Ravella Satish had sold 804 shares from its account. In a trade valued at $6,909, the Senior Vice President, Finance traded Zeta Global Holdings Corp shares for $8.59 each. Upon closing the transaction, the insider’s holdings decreased to 804 shares, worth approximately $2.68 million.
As published in a research note from Morgan Stanley on April 04, 2024, Zeta Global Holdings Corp [ZETA] has been rated up from an Equal-weight to an Overweight and the price target has been revised to $17 from $12. Analysts at DA Davidson started covering the stock with ‘”a Buy”‘ outlook in a report released in early April. As of December 09, 2022, B. Riley Securities has initiated its “Buy” rating for ZETA. Earlier on November 22, 2022, Credit Suisse initiated its rating. Their recommendation was “a Neutral” for ZETA stock.
Analyzing ZETA Stock Performance
During the last five days, there has been a drop of approximately -4.27%. Over the course of the year, Zeta Global Holdings Corp shares have jumped approximately 32.20%. Shares of the company reached a 52-week high of $12.45 on 04/08/24 and a 52-week low of $7.84 on 01/04/24. A 50-day SMA is recorded $10.75, while a 200-day SMA reached $9.06. Nevertheless, trading volume fell to 1.64 million shares from 1.0 million shares the previous day.
Support And Resistance Levels for Zeta Global Holdings Corp (ZETA)
According to the 24-hour chart, there is a support level at 11.58, which, if violated, would cause prices to drop to 11.50. In the upper region, resistance lies at 11.80. The next price resistance is at 11.94. RSI (Relative Strength Index) is 56.31 on the 14-day chart, showing neutral technical sentiment. Moving Average Convergence Divergence (MACD) is at 0.10, which suggests the price will decrease in the coming days. Percent R is at 36.74%, indicating low price movement. Stochastics %K at holding indicates that the stock is to be held.
