Financial Lp Hrt Buys 8,925 Shares of Zeta Network Group (NASDAQ:ZNB) Stock

Zeta Network Group (NASDAQ:ZNB) major shareholder Financial Lp Hrt bought 8,925 shares of the business’s stock in a transaction on Monday, July 27th. The stock was bought at an average price of $2.54 per share, for a total transaction of $22,669.50. Following the completion of the purchase, the insider directly owned 38,427 shares of the company’s stock, valued at $97,604.58. The trade was a 30.25% increase in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Large shareholders that own more than 10% of a company’s shares are required to disclose their sales and purchases with the SEC.

Financial Lp Hrt also recently made the following trade(s):

• On Friday, July 24th, Financial Lp Hrt purchased 21,929 shares of Zeta Network Group stock. The shares were purchased at an average cost of $0.27 per share, with a total value of $5,920.83.
• On Monday, July 20th, Financial Lp Hrt sold 53,030 shares of Zeta Network Group stock. The stock was sold at an average price of $0.40, for a total transaction of $21,212.00.

Zeta Network Group Stock Down 18.1%

ZNB stock opened at $2.40 on Thursday. The firm’s 50-day simple moving average is $6.95 and its 200 day simple moving average is $122.58. Zeta Network Group has a fifty-two week low of $1.83 and a fifty-two week high of $17,368.00.

Zeta Network Group (NASDAQ:ZNB) last posted its earnings results on Thursday, June 18th. The company reported ($681.24) earnings per share (EPS) for the quarter. The business had revenue of $8.45 million for the quarter.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Zeta Network Group in a report on Tuesday, July 21st. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, Zeta Network Group presently has an average rating of “Sell”.

Institutional Investors Weigh In On Zeta Network Group

A hedge fund recently bought a new stake in Zeta Network Group stock. Anson Funds Management LP bought a new stake in Zeta Network Group (NASDAQ:ZNB) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor bought 595,397 shares of the company’s stock, valued at approximately $345,000. Anson Funds Management LP owned approximately 0.39% of Zeta Network Group as of its most recent SEC filing. Institutional investors and hedge funds own 3.44% of the company’s stock.

Zeta Network Group Company Profile

Color Star Technology Co, Ltd., an entertainment and education company, provides online entertainment performances and music education services in the United States and China. The company operates Color World, an online platform of curriculum that includes music, sports, animation, painting and calligraphy, film and television, life skills, etc. Its Color World platform provides celebrity lectures, celebrity concert videos, celebrity peripheral products, and artist interactive communication services.