67,533 Shares in Zuora, Inc. (NYSE:ZUO) Purchased by Slotnik Capital LLC

Slotnik Capital LLC acquired a new stake in shares of Zuora, Inc. (NYSE:ZUO) during the fourth quarter, HoldingsChannel reports. The firm acquired 67,533 shares of the company’s stock, valued at approximately $670,000. Zuora accounts for 0.3% of Slotnik Capital LLC’s holdings, making the stock its 17th largest holding.

A number of other large investors have also modified their holdings of the company. Vestcor Inc bought a new stake in Zuora in the fourth quarter valued at about $40,000. SBI Securities Co. Ltd. bought a new position in shares of Zuora in the fourth quarter valued at approximately $41,000. Quarry LP boosted its holdings in shares of Zuora by 504.9% in the 3rd quarter. Quarry LP now owns 6,164 shares of the company’s stock worth $53,000 after acquiring an additional 5,145 shares in the last quarter. Point72 Hong Kong Ltd bought a new stake in Zuora during the 3rd quarter worth approximately $63,000. Finally, Skandinaviska Enskilda Banken AB publ bought a new stake in Zuora during the 4th quarter worth approximately $102,000. 83.02% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Zuora

In related news, insider Peter Hirsch sold 19,469 shares of the firm’s 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 transaction, the insider now owns 24,146 shares in the company, valued at $240,735.62. This trade represents a 44.64 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. 8.62% of the stock is owned by company insiders.

Zuora Stock Performance

Shares of NYSE:ZUO opened at $10.02 on Thursday. The business has a fifty day moving average of $10.01 and a 200-day moving average of $9.77. 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 twelve month low of $8.20 and a twelve month high of $10.85. The firm has a market cap of $1.54 billion, a PE ratio of -20.45 and a beta of 1.67.

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.