Jeanine Silberblatt, a director at Zeta Global Holdings Corp. (NASDAQ: ZETA), executed a sale of 7,500 shares of the company's Class A Common Stock on June 12, 2026. The transaction, valued at $149,175, involved shares disposed of at a price of $19.89 each. Following the transaction, Silberblatt retains a direct holding of 50,350 shares.
This divestment takes place while Zeta Global shares have experienced an 8.2% decline over the past week, despite delivering a robust 66% return over the past year. According to InvestingPro analysis, the stock appears undervalued at current levels. Investors seeking deeper insights can access 14 additional InvestingPro Tips for ZETA, along with comprehensive financial health scores and Fair Value estimates.
In other recent news, Zeta Global reported strong financial results for the first quarter of 2026, with a 50% year-over-year revenue increase, reaching $396 million. This performance exceeded revenue expectations by 7.01%. The company also noted that its Marigold acquisition outperformed expectations by $8 million, contributing significantly to the revenue beat. RBC Capital responded by raising its price target on Zeta Global to $29, maintaining an Outperform rating due to the company's consistent revenue performance. Needham reiterated a Buy rating with a $25 price target, highlighting the company's strong AI growth. Additionally, Zeta Global announced its participation in the Open Semantic Interchange initiative, aimed at standardizing data definitions across enterprise systems. This initiative is led by Snowflake and involves partners from various sectors, including AI and financial services. These developments underscore Zeta Global's continued growth and strategic positioning in the market.