Jennifer Pileggi Sells 20,000 Shares of Zuora Inc (ZUO) Stock
Zuora Inc (NYSE:ZUO) SVP Jennifer Pileggi sold 20,000 shares of the stock in a transaction that occurred on Monday, September 10th. The shares were sold at an average price of $25.07, for a total transaction of $501,400.00. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website.
Shares of ZUO stock opened at $25.58 on Friday. Zuora Inc has a 12 month low of $18.75 and a 12 month high of $37.78. The company has a quick ratio of 2.12, a current ratio of 2.12 and a debt-to-equity ratio of 0.06.
Zuora (NYSE:ZUO) last announced its earnings results on Thursday, August 30th. The company reported ($0.13) EPS for the quarter, beating the Zacks’ consensus estimate of ($0.16) by $0.03. The business had revenue of $57.75 million for the quarter, compared to analysts’ expectations of $54.00 million. research analysts expect that Zuora Inc will post -0.78 EPS for the current fiscal year.
Hedge funds have recently made changes to their positions in the business. Flagship Harbor Advisors LLC purchased a new stake in Zuora during the second quarter valued at approximately $133,000. Tower Research Capital LLC TRC purchased a new stake in shares of Zuora in the second quarter worth $147,000. Cubist Systematic Strategies LLC purchased a new stake in shares of Zuora in the second quarter worth $308,000. Cornerstone Wealth Management LLC purchased a new stake in shares of Zuora in the second quarter worth $335,000. Finally, Raymond James & Associates purchased a new stake in shares of Zuora in the second quarter worth $546,000. 11.02% of the stock is owned by institutional investors and hedge funds.
Zuora Company Profile
Zuora, Inc provides cloud-based software on a subscription basis that enables companies in various industries to launch, manage, and transform into a subscription business. The company offers Zuora Central platform that acts as an intelligent subscription management hub that automates the subscription order-to-cash process, including quoting, billing, collections, analytics, and revenue recognition.
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