Quantbot Technologies LP Purchases 6,095 Shares of Zuora, Inc. (NYSE:ZUO)

Quantbot Technologies LP grew its holdings in Zuora, Inc. (NYSE:ZUO) by 14.0% during the 4th quarter, according to the company in its most recent disclosure with the SEC. The fund owned 49,730 shares of the company’s stock after purchasing an additional 6,095 shares during the quarter. Quantbot Technologies LP’s holdings in Zuora were worth $493,000 as of its most recent filing with the SEC.

A number of other institutional investors have also made changes to their positions in ZUO. JPMorgan Chase & Co. increased its holdings in shares of Zuora by 52.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,126,596 shares of the company’s stock worth $9,711,000 after purchasing an additional 387,876 shares during the period. 272 Capital LP grew its holdings 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 purchasing 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 valued at $2,125,000 after purchasing an additional 68,338 shares during the period. SG Americas Securities LLC raised its stake in shares of Zuora by 49.8% in the fourth 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 in the last quarter. Finally, Algert Global LLC lifted its position in Zuora by 96.6% in the third quarter. Algert Global LLC now owns 228,855 shares of the company’s stock worth $1,973,000 after purchasing an additional 112,420 shares during the period. 83.02% of the stock is currently owned by institutional investors.

Zuora Stock Performance

Shares of Zuora stock opened at $10.02 on Friday. Zuora, Inc. has a 52-week low of $8.20 and a 52-week high of $10.85. The firm has a market capitalization of $1.54 billion, a PE ratio of -20.45 and a beta of 1.67. The company has a debt-to-equity ratio of 2.00, a current ratio of 2.62 and a quick ratio of 2.62. The company’s fifty day moving average price is $10.01 and its two-hundred day moving average price is $9.72.

Insider Activity

In other news, CAO Matthew R. Dobson sold 2,908 shares of the firm’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $9.93, for a total transaction of $28,876.44. Following the completion of the sale, the chief accounting officer now owns 83,958 shares of the company’s stock, valued at approximately $833,702.94. This trade represents a 3.35 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through this link. Also, CFO Todd Mcelhatton sold 50,373 shares of the business’s stock in a transaction that occurred on Thursday, January 2nd. The stock was sold at an average price of $9.93, for a total value of $500,203.89. Following the completion of the transaction, the chief financial officer now directly owns 404,634 shares in the company, valued at $4,018,015.62. The trade was a 11.07 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 207,868 shares of company stock worth $2,064,908. Corporate insiders own 8.62% of the company’s stock.

Zuora Company Profile

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.