Union Bancaire Privee UBP SA Acquires Shares of 21,892 Zuora, Inc. (NYSE:ZUO)

Union Bancaire Privee UBP SA bought a new position in shares of Zuora, Inc. (NYSE:ZUO) in the fourth quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The fund bought 21,892 shares of the company’s stock, valued at approximately $217,000.

Other large investors have also made changes to their positions in the company. Quarry LP increased its position in Zuora by 504.9% in the third quarter. Quarry LP now owns 6,164 shares of the company’s stock worth $53,000 after purchasing an additional 5,145 shares during the period. Point72 Hong Kong Ltd acquired a new stake in shares of Zuora during the 3rd quarter worth approximately $63,000. Palumbo Wealth Management LLC raised its stake in shares of Zuora by 11.7% during the third quarter. Palumbo Wealth Management LLC now owns 11,536 shares of the company’s stock worth $99,000 after buying an additional 1,210 shares during the last quarter. EP Wealth Advisors LLC bought a new stake in shares of Zuora during the third quarter worth approximately $112,000. Finally, Entropy Technologies LP acquired a new position in Zuora in the third quarter valued at approximately $155,000. Institutional investors and hedge funds own 83.02% of the company’s stock.

Insider Transactions at Zuora

In other Zuora news, CAO Matthew R. Dobson sold 2,908 shares of the company’s stock in a transaction that occurred on Thursday, January 2nd. The shares were sold at an average price of $9.93, for a total value of $28,876.44. Following the completion of the sale, the chief accounting officer now owns 83,958 shares of the company’s stock, valued at approximately $833,702.94. This represents a 3.35 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Peter Hirsch sold 19,469 shares of Zuora stock in a transaction 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 transaction, the insider now directly owns 24,146 shares in the company, valued at approximately $240,735.62. This represents a 44.64 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 207,868 shares of company stock worth $2,064,908 in the last three months. Insiders own 8.62% of the company’s stock.

Zuora Price Performance

ZUO opened at $10.02 on Tuesday. The company has a fifty day moving average price of $9.97 and a two-hundred day moving average price of $9.52. The firm has a market capitalization of $1.54 billion, a PE ratio of -20.45 and a beta of 1.67. Zuora, Inc. has a 52 week low of $7.70 and a 52 week high of $10.85. The company has a debt-to-equity ratio of 2.00, a quick ratio of 2.62 and a current ratio of 2.62.

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.