Zuora, Inc. (NYSE:ZUO) Shares Sold by Vontobel Holding Ltd.

Vontobel Holding Ltd. lowered its position in Zuora, Inc. (NYSE:ZUO) by 42.1% during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The firm owned 23,972 shares of the company’s stock after selling 17,436 shares during the period. Vontobel Holding Ltd.’s holdings in Zuora were worth $238,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the stock. Palumbo Wealth Management LLC grew its holdings in Zuora by 11.7% during the 3rd quarter. Palumbo Wealth Management LLC now owns 11,536 shares of the company’s stock valued at $99,000 after buying an additional 1,210 shares during the last quarter. MetLife Investment Management LLC grew its holdings in Zuora by 3.1% during the 3rd quarter. MetLife Investment Management LLC now owns 76,873 shares of the company’s stock valued at $663,000 after buying an additional 2,303 shares during the last quarter. Charles Schwab Investment Management Inc. grew its holdings in Zuora by 0.4% during the 3rd quarter. Charles Schwab Investment Management Inc. now owns 1,153,372 shares of the company’s stock valued at $9,942,000 after buying an additional 4,432 shares during the last quarter. Quarry LP grew its holdings in Zuora by 504.9% during 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 during the last quarter. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC grew its holdings in Zuora by 2.4% during the 3rd quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 300,049 shares of the company’s stock valued at $2,586,000 after buying an additional 6,940 shares during the last quarter. Institutional investors and hedge funds own 83.02% of the company’s stock.

Insider Transactions at Zuora

In other news, CRO Robert J. Traube sold 60,885 shares of the firm’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $9.93, for a total transaction of $604,588.05. Following the sale, the executive now owns 168,906 shares in the company, valued at $1,677,236.58. This trade represents a 26.50 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. Also, CAO Matthew R. Dobson sold 2,908 shares of the firm’s stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $9.93, for a total value of $28,876.44. Following the sale, the chief accounting officer now owns 83,958 shares in the company, valued at $833,702.94. This trade represents a 3.35 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 207,868 shares of company stock worth $2,064,908 over the last quarter. 8.62% of the stock is currently owned by insiders.

Zuora Price Performance

Shares of NYSE:ZUO opened at $10.02 on Friday. The business’s fifty day moving average price is $9.97 and its two-hundred day moving average price is $9.48. The stock has a market cap of $1.54 billion, a PE 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 one year low of $7.70 and a one year high of $10.85.

Zuora Company 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.