ZETA COO Steven Gerber buys 13,250 shares at $18.55; 6 other insiders also bought in past 14 days as stock down 46.7% from high.
Steven H. Gerber, President & COO, purchased 13,250 shares of Zeta Global at $18.55 on 2024-11-18, bringing his holdings to 2,940,811 shares. This transaction occurs within a notable cluster pattern: six other insiders have also bought shares within the past 14 days. The broader context is material—Zeta trades at $19.58 today, down 46.7% from its 52-week high of $36.74 and down 29.8% over the prior 30 days, despite reporting $268.3M in quarterly revenue with 23.3% annual growth. However, the company was unprofitable in its most recent full fiscal year with net income of $-17.4M in the latest quarter. The cluster buy pattern is notable and merits close attention to understand whether insiders view recent price weakness as a buying opportunity or whether other factors are driving coordinated accumulation.