Zeta Global Holdings Corp.
ZETA · Services-Prepackaged Software · 156.7M shares · +49%/yr ↑ shares · EDGAR filings ↗
Reference price $19.89 · est. market cap ~$3.1B — last insider sale, 2026-06-12 (estimated from the dated SEC Form 4 price × shares outstanding — not a live quote)
Grade
B66Marketing-technology / data-cloud platform — near breakeven with strong free cash flow and rapid growth.
Strengths
- Strong free cash flow, rapid growth — FCF $185M (51st), FCF margin 14%, revenue +30% (82nd)
- Good coverage — interest coverage 14.5 (76th)
Risks
- Near-breakeven net result — operating margin 0%, net margin -2%
- Data-sourcing/privacy-regulation risk — per 10-K
- Competition — per 10-K
Notable findings
- Net lossNet loss (net margin -2.4%)
- Customer concentration~10% of revenue from one customer/distributor — In 2025, our top ten customers accounted for more than one-third of our total revenue, and one customer accounted for more than 10% of our total revenue
- Fund exitedNotable fund(s) exited this quarter: VANGUARD GROUP INC, Bridgewater Associates, LP, RENAISSANCE TECHNOLOGIES LLC
- Strong balance sheetStrong balance sheet — $320M cash & investments
- Notable holderHeld by 4 notable fund(s): GOLDMAN SACHS GROUP INC, STATE STREET CORP, CITADEL ADVISORS LLC +1 more (as of 2026-03-31)
Quarterly revenue
Last 4 quarters · from SEC filings.
Key metrics
Gross margin
60.6%
Operating margin
0.4%
Net margin
-2.4%
Return on equity
-3.9%
Return on assets
-2.1%
ROIC
0.4%
Revenue growth (QoQ)
0.4%
Debt / equity
0.2×
Net debt / EBITDA
-1.6×
Interest coverage
14.5×
Current ratio
1.6×
Free cash flow
$185M
EBITDA
$77M
Tangible book value
$59M
Cash & investments
$320M
Stock comp / revenue
13.6%
Insider transactions · last 18 months
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| 2026-06-12 | Silberblatt Jeanine | Sell | 7.5K | $19.89 |
| 2026-06-04 | Ravella Satish | Gift | 8.0K | — |
| 2026-06-02 | Ravella Satish | Option exercise | 25K | $12.56 |
| 2026-06-02 | Ravella Satish | Tax withheld | 17K | $25.25 |
| 2026-05-20 | Gerber Steven H. | Gift | 724K | — |
| 2026-05-20 | Greiner Christopher E | Gift | 633K | — |
| 2026-05-07 | NIEHAUS ROBERT H | Gift | 60K | — |
| 2026-05-07 | NIEHAUS ROBERT H | Gift | 60K | — |
| 2026-05-06 | Steinberg David | Gift | 285 | — |
| 2026-05-06 | Steinberg David | Gift | 1.3M | — |
| 2026-05-06 | Steinberg David | Gift | 768 | — |
| 2026-05-06 | Steinberg David | Gift | 13K | — |
| 2026-04-01 | LANDMAN WILLIAM | Grant | 1.6K | $15.92 |
| 2026-03-11 | Elzie Jene | Disposition | 4.1K | $18.24 |
| 2026-01-01 | LANDMAN WILLIAM | Grant | 1.2K | $20.35 |
| 2026-01-01 | Ravella Satish | Grant | 100K | — |
| 2025-12-17 | Khan Imran | Disposition | 14K | — |
| 2025-12-12 | Steinberg David | Gift | 13K | — |
| 2025-12-12 | Silberblatt Jeanine | Sell | 13K | $19.34 |
| 2025-12-12 | Steinberg David | Gift | 683K | — |
| 2025-12-11 | Steinberg David | Gift | 2.3K | — |
| 2025-12-11 | Steinberg David | Gift | 1.3K | — |
| 2025-12-05 | Ravella Satish | Gift | 74K | — |
| 2025-12-05 | Greiner Christopher E | Gift | 516K | — |
| 2025-11-19 | LANDMAN WILLIAM | Gift | 12K | — |
| 2025-11-14 | Gerber Steven H. | Gift | 685K | — |
| 2025-11-12 | NIEHAUS ROBERT H | Other | 346K | — |
| 2025-10-01 | LANDMAN WILLIAM | Grant | 1.3K | $19.87 |
| 2025-08-22 | Steinberg David | Gift | 814K | — |
| 2025-08-22 | Steinberg David | Gift | 26K | — |
| 2025-07-01 | Silberblatt Jeanine | Grant | 9.9K | — |
| 2025-07-01 | Royan William T. | Grant | 9.9K | — |
| 2025-07-01 | LANDMAN WILLIAM | Grant | 9.9K | — |
| 2025-07-01 | LANDMAN WILLIAM | Grant | 1.6K | $15.49 |
| 2025-07-01 | Khan Imran | Grant | 9.9K | — |
| 2025-07-01 | Elzie Jene | Grant | 9.9K | — |
| 2025-07-01 | NIEHAUS ROBERT H | Grant | 9.9K | — |
| 2025-05-09 | Ravella Satish | Grant | 25K | — |
| 2025-05-09 | Greiner Christopher E | Gift | 1.1M | — |
| 2025-05-09 | Steinberg David | Gift | 1.9M | — |
| 2025-05-08 | Gerber Steven H. | Gift | 1.3M | — |
| 2025-04-09 | Elzie Jene | Disposition | 8.2K | $12.88 |
| 2025-04-01 | SCULLEY JOHN | Other | 1.8K | — |
| 2025-04-01 | SCULLEY JOHN | Grant | 1.8K | $13.56 |
| 2025-04-01 | SCULLEY JOHN | Other | 1.8K | — |
| 2025-04-01 | LANDMAN WILLIAM | Grant | 1.8K | $13.56 |
| 2025-03-13 | SCULLEY JOHN | Gift | 500K | — |
| 2025-03-13 | SCULLEY JOHN | Gift | 500K | — |
| 2025-03-13 | LANDMAN WILLIAM | Disposition | 33K | $13.70 |
| 2025-03-12 | Ravella Satish | Gift | 90K | — |
| 2025-02-12 | Steinberg David | Option exercise | 2.6M | — |
| 2025-02-12 | Gerber Steven H. | Option exercise | 1.2M | — |
| 2025-02-12 | Greiner Christopher E | Option exercise | 1.0M | — |
| 2025-01-01 | SCULLEY JOHN | Grant | 1.4K | $17.99 |
| 2025-01-01 | SCULLEY JOHN | Other | 1.4K | $17.99 |
| 2025-01-01 | SCULLEY JOHN | Other | 1.4K | $17.99 |
| 2025-01-01 | LANDMAN WILLIAM | Grant | 1.4K | $17.99 |
All non-derivative Form 4 activity (SEC), newest first.
Notable events (8-K)
| Date | Items | |
|---|---|---|
| 2026-06-16 | Shareholder vote | filing ↗ |
| 2026-04-30 | ResultsExhibits | filing ↗ |
| 2026-02-24 | ResultsExhibits | filing ↗ |
| 2026-02-06 | Exhibits | filing ↗ |
| 2025-11-24 | Acquisition/disposition3.02Reg FDExhibits | filing ↗ |
| 2025-11-04 | ResultsExhibits | filing ↗ |
| 2025-09-30 | 3.02Reg FDOtherExhibits | filing ↗ |
| 2025-08-05 | ResultsExhibits | filing ↗ |
Recent filings
| Form | Filed | Period | Accession |
|---|---|---|---|
| 8-K | 2026-06-16 | 2026-06-16 | 0001193125-26-272699 ↗ |
| 10-Q | 2026-05-01 | 2026-03-31 | 0001193125-26-199156 ↗ |
| 8-K | 2026-04-30 | 2026-04-30 | 0001193125-26-197172 ↗ |
| 10-K | 2026-02-25 | 2025-12-31 | 0001193125-26-068598 ↗ |
| 8-K | 2026-02-24 | 2026-02-24 | 0001193125-26-066951 ↗ |
| 8-K/A | 2026-02-06 | 2025-11-24 | 0001193125-26-041153 ↗ |
| 8-K | 2025-11-24 | 2025-11-24 | 0001193125-25-293671 ↗ |
| 10-Q | 2025-11-05 | 2025-09-30 | 0001193125-25-265797 ↗ |
| 8-K | 2025-11-04 | 2025-11-04 | 0001193125-25-264645 ↗ |
| 8-K | 2025-09-30 | 2025-09-27 | 0001193125-25-225008 ↗ |
| 10-Q | 2025-08-06 | 2025-06-30 | 0000950170-25-103545 ↗ |
| 8-K | 2025-08-05 | 2025-08-05 | 0000950170-25-103002 ↗ |