Stocks

Insider Selling at Zuora, Inc. (NYSE: ZUO)

Published January 4, 2025

On January 2nd, 2025, Matthew R. Dobson, the Chief Accounting Officer (CAO) of Zuora, Inc. (NYSE: ZUO), sold 2,908 shares of the company's stock. This transaction was executed at an average price of $9.93 per share, amounting to a total of $28,876.44. Following this sale, Dobson holds 83,958 shares in Zuora, valued at approximately $833,702.94. This sale reduced his position in the company by 3.35%. The details of the sale were disclosed in a filing with the U.S. Securities and Exchange Commission (SEC).

Performance of Zuora’s Stock

As of Friday, January 3rd, equities of Zuora, Inc. were trading at $9.94. Over the past year, the stock has fluctuated, reaching a low of $7.70 and a high of $10.85. The company's market capitalization is currently at $1.53 billion, with a price-to-earnings ratio of -20.29 and a beta value of 1.66. Zuora has a current ratio of 2.62 and a quick ratio of 2.77, indicating solid liquidity, while its debt-to-equity ratio stands at 2.00. The stock’s 50-day moving average is $9.92, with a 200-day moving average of $9.31.

Recent Analyst Ratings

Several financial institutions have recently analyzed Zuora’s stock. Needham & Company LLC maintained a "hold" rating while setting a price target of $15.00 in a report dated October 21st. Similarly, Lake Street Capital reiterated a "hold" rating with a target price of $10.00 on October 18th. Currently, five analysts rate Zuora stock as a hold, and two have given it a buy rating, leading to an average rating of "Hold" with an average price target of $11.43, according to MarketBeat.

Institutional Investor Activity

Recent changes in institutional holdings of Zuora stock have also been noted. Rhumbline Advisers increased its stake by 4.5% in the second quarter, owning 193,923 shares worth $1,926,000 after adding 8,407 shares. Arizona State Retirement System raised its holdings by 4.0%, now owning 36,648 shares valued at $364,000. Another significant increase in holdings came from Mutual of America Capital Management LLC, which raised its stake by 18.0%, owning 746,117 shares worth $7,409,000 after adding 113,597 shares. XTX Topco Ltd and Canada Pension Plan Investment Board also bought new positions in the company during this period. Overall, institutional investors own about 83.02% of Zuora's stock.

About Zuora, Inc.

Zuora, Inc. specializes in providing a monetization suite designed for contemporary businesses, helping them launch and scale new services while operating flexible, customer-focused business models. Their offerings include Zuora Billing, which enables customers to implement diverse pricing strategies, Zuora Revenue for managing complex revenue streams, Zuora Payments for global payment processing, and Zephr, a platform aimed at enhancing digital customer experiences.

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