Zeta Network Group (NASDAQ:ZNB) Major Shareholder Sells $121,268.98 in Stock

Zeta Network Group (NASDAQ:ZNB) major shareholder Financial Lp Hrt sold 42,254 shares of Zeta Network Group stock in a transaction on Tuesday, July 28th. The shares were sold at an average price of $2.87, for a total transaction of $121,268.98. The sale was disclosed in a document filed with the SEC, which is available through this link. Major shareholders that own at least 10% of a company’s shares are required to disclose their transactions with the SEC.

Financial Lp Hrt also recently made the following trade(s):

• On Monday, July 27th, Financial Lp Hrt bought 8,925 shares of Zeta Network Group stock. The stock was purchased at an average price of $2.54 per share, for a total transaction of $22,669.50.
• On Friday, July 24th, Financial Lp Hrt purchased 21,929 shares of Zeta Network Group stock. The stock was purchased at an average cost of $0.27 per share, with a total value of $5,920.83.
• On Monday, July 20th, Financial Lp Hrt sold 53,030 shares of Zeta Network Group stock. The stock was sold at an average price of $0.40, for a total transaction of $21,212.00.

Zeta Network Group Trading Down 15.9%

Shares of NASDAQ:ZNB opened at $2.38 on Friday. The firm has a fifty day moving average price of $6.50 and a 200 day moving average price of $117.32. Zeta Network Group has a 1 year low of $1.83 and a 1 year high of $16,796.00.

Zeta Network Group (NASDAQ:ZNB) last issued its quarterly earnings data on Thursday, June 18th. The company reported ($681.24) EPS for the quarter. The firm had revenue of $8.45 million during the quarter.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reissued a “sell (e+)” rating on shares of Zeta Network Group in a research report on Tuesday, July 21st. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the company has a consensus rating of “Sell”.

Institutional Trading of Zeta Network Group

An institutional investor recently bought a new stake in Zeta Network Group stock. OMERS ADMINISTRATION Corp bought a new stake in Zeta Network Group (NASDAQ:ZNB) during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund bought 118,285 shares of the company’s stock, valued at approximately $68,000. OMERS ADMINISTRATION Corp owned approximately 0.08% of Zeta Network Group as of its most recent filing with the SEC. Institutional investors own 3.44% of the company’s stock.

About Zeta Network Group

Color Star Technology Co, Ltd., an entertainment and education company, provides online entertainment performances and music education services in the United States and China. The company operates Color World, an online platform of curriculum that includes music, sports, animation, painting and calligraphy, film and television, life skills, etc. Its Color World platform provides celebrity lectures, celebrity concert videos, celebrity peripheral products, and artist interactive communication services.