Zuora Inc (NYSE:ZUO) SVP Jennifer Pileggi sold 10,000 shares of the business’s stock in a transaction that occurred on Monday, October 8th. The stock was sold at an average price of $20.38, for a total transaction of $203,800.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

Jennifer Pileggi also recently made the following trade(s):

  • On Monday, September 10th, Jennifer Pileggi sold 20,000 shares of Zuora stock. The stock was sold at an average price of $25.07, for a total transaction of $501,400.00.

ZUO stock opened at $18.10 on Friday. The company has a current ratio of 2.03, a quick ratio of 2.03 and a debt-to-equity ratio of 0.07. Zuora Inc has a 12 month low of $17.72 and a 12 month high of $37.78.

Zuora (NYSE:ZUO) last posted its earnings results on Thursday, August 30th. The company reported ($0.13) EPS for the quarter, topping the Thomson Reuters’ consensus estimate of ($0.16) by $0.03. The business had revenue of $57.75 million during the quarter, compared to the consensus estimate of $54.00 million. Analysts anticipate that Zuora Inc will post -0.78 EPS for the current fiscal year.

Several research firms have commented on ZUO. Needham & Company LLC boosted their target price on shares of Zuora from $33.00 to $38.00 and gave the stock a “buy” rating in a research report on Wednesday, August 29th. They noted that the move was a valuation call. Canaccord Genuity boosted their target price on shares of Zuora from $26.00 to $28.00 and gave the stock a “hold” rating in a research report on Friday, August 31st. Morgan Stanley boosted their target price on shares of Zuora from $24.00 to $26.00 and gave the stock an “equal weight” rating in a research report on Friday, August 31st. Jefferies Financial Group boosted their target price on shares of Zuora to $35.00 and gave the stock a “buy” rating in a research report on Friday, August 31st. Finally, Zacks Investment Research downgraded shares of Zuora from a “buy” rating to a “hold” rating in a research report on Wednesday, August 1st. Four investment analysts have rated the stock with a hold rating and two have given a buy rating to the company. The company currently has an average rating of “Hold” and a consensus target price of $29.17.

Several hedge funds and other institutional investors have recently bought and sold shares of ZUO. Flagship Harbor Advisors LLC bought a new stake in shares of Zuora during the 2nd quarter worth $133,000. Tower Research Capital LLC TRC bought a new stake in shares of Zuora during the 2nd quarter worth $147,000. Cubist Systematic Strategies LLC bought a new stake in shares of Zuora during the 2nd quarter worth $308,000. Cornerstone Wealth Management LLC bought a new stake in shares of Zuora during the 2nd quarter worth $335,000. Finally, Raymond James & Associates bought a new stake in shares of Zuora during the 2nd quarter worth $546,000. 10.99% of the stock is owned by institutional investors and hedge funds.

Zuora Company Profile

Zuora, Inc provides cloud-based software on a subscription basis that enables companies in various industries to launch, manage, and transform into a subscription business. The company offers Zuora Central platform that acts as an intelligent subscription management hub that automates the subscription order-to-cash process, including quoting, billing, collections, analytics, and revenue recognition.

Further Reading: Dow Jones Industrial Average (DJIA)

Receive News & Ratings for Zuora Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zuora and related companies with MarketBeat.com's FREE daily email newsletter.