1 week Ago By Defense World Staff
JPMorgan Chase & Co. raised its position in shares of Zuora, Inc. (NYSE:ZUO – Free Report) by 109.
3% in the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 2,357,622 shares of the company’s stock after buying an additional 1,231,026 shares during the quarter. JPMorgan Chase & Co.
owned about 1.53% of Zuora worth $23,388,000 at the end of the most recent reporting period. Several other hedge funds have also modified their holdings of ZUO.
272 Capital LP raised its stake in shares of Zuora by 28.1% during the 3rd quarter. 272 Capital LP now owns 493,527 shares of the company’s stock worth $4,254,000 after acquiring an additional 108,201 shares in the last quarter.
FMR LLC increased its position in shares of Zuora by 38.4% during the third quarter. FMR LLC now owns 246,499 shares of the company’s stock worth $2,125,000 after purchasing an additional 68,338 shares in the last quarter.
SG Americas Securities LLC lifted its holdings in shares of Zuora by 49.8% during the 4th quarter. SG Americas Securities LLC now owns 85,665 shares of the company’s stock valued at $850,000 after purchasing an additional 28,465 shares during the last quarter.
Barclays PLC lifted its holdings in shares of Zuora by 256.0% during the 3rd quarter. Barclays PLC now owns 280,963 shares of the company’s stock valued at $2,422,000 after purchasing an additional 202,047 shares during the last quarter.
Finally, Geode Capital Management LLC boosted its position in shares of Zuora by 4.0% in the 3rd quarter. Geode Capital Management LLC now owns 3,137,007 shares of the company’s stock worth $27,047,000 after purchasing an additional 119,439 shares in the last quarter.
83.02% of the stock is owned by hedge funds and other institutional investors. Insider Buying and SellingIn other Zuora news, insider Peter Hirsch sold 19,469 shares of the firm’s stock in a transaction on Wednesday, January 15th.
The stock was sold at an average price of $9.97, for a total value of $194,105.93.
Following the transaction, the insider now owns 24,146 shares in the company, valued at approximately $240,735.62. This trade represents a 44.
64 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. 8.
62% of the stock is currently owned by insiders. Zuora Stock PerformanceShares of Zuora stock opened at $10.02 on Thursday.
The firm’s 50 day simple moving average is $10.02 and its two-hundred day simple moving average is $9.82.
The firm has a market capitalization of $1.54 billion, a price-to-earnings ratio of -20.45 and a beta of 1.
67. Zuora, Inc. has a 12-month low of $8.
20 and a 12-month high of $10.85. The company has a current ratio of 2.
62, a quick ratio of 2.62 and a debt-to-equity ratio of 2.00.
Zuora Company Profile (Free Report)Zuora, Inc provides a monetization suite for modern businesses to help companies launch and scale new services and operate dynamic customer-centric business models. The company offers Zuora Billing that allows customers to deploy various pricing and packaging strategies to monetize their recurring revenue streams, bill customers, calculate prorations when subscriptions change, and automate billing and payment operations; Zuora Revenue, a revenue recognition and automation solution that accounting teams use to manage their complex revenue streams; Zuora Payments to provide payment orchestration services for companies looking to operate globally; and Zephr, a digital subscriber experience platform that helps companies orchestrate dynamic experiences that increase conversion, reduce churn, and nurture ongoing subscriber relationships.Featured ArticlesFive stocks we like better than ZuoraMost Volatile Stocks, What Investors Need to KnowQuantum Computing: The $6.
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