Commonwealth of Pennsylvania Public School Empls Retrmt SYS Takes Position in Zuora, Inc. (NYSE:ZUO)

Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in shares of Zuora, Inc. (NYSE:ZUO) during the 4th quarter, HoldingsChannel reports. The firm acquired 20,000 shares of the company’s stock, valued at approximately $198,000.

A number of other large investors have also recently bought and sold shares of the business. Scalar Gauge Management LLC raised its position in shares of Zuora by 27.4% during the 3rd quarter. Scalar Gauge Management LLC now owns 6,484,599 shares of the company’s stock worth $55,897,000 after purchasing an additional 1,393,327 shares during the period. State Street Corp boosted its position in Zuora by 0.3% during the 3rd quarter. State Street Corp now owns 3,302,811 shares of the company’s stock valued at $28,470,000 after purchasing an additional 10,424 shares during the period. Geode Capital Management LLC grew its stake in Zuora by 4.0% during the 3rd quarter. Geode Capital Management LLC now owns 3,137,007 shares of the company’s stock worth $27,047,000 after buying an additional 119,439 shares during the last quarter. Potrero Capital Research LLC increased its position in Zuora by 8.1% in the third quarter. Potrero Capital Research LLC now owns 2,949,360 shares of the company’s stock worth $25,423,000 after buying an additional 219,863 shares during the period. Finally, Samson Rock Capital LLP lifted its stake in Zuora by 598.4% in the fourth quarter. Samson Rock Capital LLP now owns 2,095,340 shares of the company’s stock valued at $20,786,000 after buying an additional 1,795,340 shares during the last quarter. Institutional investors own 83.02% of the company’s stock.

Insider Buying and Selling at Zuora

In other news, insider Peter Hirsch sold 19,469 shares of Zuora stock in a transaction that occurred on Wednesday, January 15th. The stock was sold at an average price of $9.97, for a total transaction of $194,105.93. Following the sale, the insider now owns 24,146 shares of the company’s stock, valued at approximately $240,735.62. The trade was a 44.64 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Tien Tzuo sold 48,569 shares of the 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 $482,290.17. Following the completion of the transaction, the chief executive officer now directly owns 110,576 shares of the company’s stock, valued at $1,098,019.68. This trade represents a 30.52 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 207,868 shares of company stock valued at $2,064,908 in the last ninety days. Company insiders own 8.62% of the company’s stock.

Zuora Stock Performance

Shares of ZUO opened at $10.02 on Friday. The firm has a fifty day moving average of $10.01 and a 200-day moving average of $9.72. The company has a market cap of $1.54 billion, a price-to-earnings ratio of -20.45 and a beta of 1.67. The company has a debt-to-equity ratio of 2.00, a quick ratio of 2.62 and a current ratio of 2.62. Zuora, Inc. has a 1 year low of $8.20 and a 1 year high of $10.85.

Zuora 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.