Zuora, Inc. (NYSE:ZUO) Stock Holdings Raised by Samson Rock Capital LLP

Samson Rock Capital LLP grew its holdings in Zuora, Inc. (NYSE:ZUO - Free Report) by 598.4% in the 4th quarter, according to its most recent disclosure with the Securities & Exchange Commission. The institutional investor owned 2,095,340 shares of the company's stock after acquiring an additional 1,795,340 shares during the period. Zuora accounts for approximately 16.0% of Samson Rock Capital LLP's holdings, making the stock its 2nd largest position. Samson Rock Capital LLP owned about 1.36% of Zuora worth $20,786,000 at the end of the most recent quarter.

Other large investors also recently added to or reduced their stakes in the company. Quarry LP raised its stake in shares of Zuora by 504.9% in the 3rd quarter. Quarry LP now owns 6,164 shares of the company's stock valued at $53,000 after buying an additional 5,145 shares in the last quarter. Point72 Hong Kong Ltd bought a new stake in Zuora during the 3rd quarter worth about $63,000. Castleview Partners LLC bought a new position in shares of Zuora in the 3rd quarter valued at about $79,000. Palumbo Wealth Management LLC boosted its stake in shares of Zuora by 11.7% in the 3rd quarter. Palumbo Wealth Management LLC now owns 11,536 shares of the company's stock valued at $99,000 after purchasing an additional 1,210 shares during the last quarter. Finally, EP Wealth Advisors LLC bought a new position in shares of Zuora in the 3rd quarter valued at about $112,000. 83.02% of the stock is owned by institutional investors.

Zuora Stock Performance

Shares of Zuora stock remained flat at $9.99 on Wednesday. The stock had a trading volume of 4,678,031 shares, compared to its average volume of 1,877,469. The stock has a market capitalization of $1.54 billion, a price-to-earnings ratio of -20.39 and a beta of 1.67. The company has a fifty day moving average of $9.96 and a 200 day moving average of $9.44. The company has a quick ratio of 2.62, a current ratio of 2.62 and a debt-to-equity ratio of 2.00. Zuora, Inc. has a one year low of $7.70 and a one year high of $10.85.

Analysts Set New Price Targets

ZUO has been the topic of a number of analyst reports. Needham & Company LLC reiterated a "hold" rating and issued a $15.00 price target on shares of Zuora in a research report on Monday, October 21st. Lake Street Capital reissued a "hold" rating and issued a $10.00 target price on shares of Zuora in a research note on Friday, October 18th. Five research analysts have rated the stock with a hold rating and one has assigned a buy rating to the company's stock. Based on data from MarketBeat, the company has a consensus rating of "Hold" and a consensus target price of $11.33.

Insider Buying and Selling at Zuora

In related news, CRO Robert J. Traube sold 60,885 shares of Zuora stock in a transaction dated Thursday, January 2nd. The stock was sold at an average price of $9.93, for a total value of $604,588.05. Following the completion of the sale, the executive now owns 168,906 shares of the company's stock, valued at approximately $1,677,236.58. This trade represents a 26.50 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, insider Peter Hirsch sold 19,469 shares of Zuora stock in a transaction dated Wednesday, January 15th. The stock was sold at an average price of $9.97, for a total value of $194,105.93. Following the completion of the sale, the insider now directly owns 24,146 shares of the company's stock, valued at approximately $240,735.62. This trade represents a 44.64 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders sold 207,868 shares of company stock valued at $2,064,908. 8.62% of the stock is currently owned by company insiders.

About Zuora

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.