Emerald Advisers LLC Has $414,000 Stock Holdings in Zuora, Inc. (NYSE:ZUO)

Emerald Advisers LLC trimmed its holdings in shares of Zuora, Inc. (NYSE:ZUO) by 96.2% in the fourth quarter, according to the company in its most recent filing with the SEC. The institutional investor owned 41,767 shares of the company’s stock after selling 1,063,806 shares during the quarter. Emerald Advisers LLC’s holdings in Zuora were worth $414,000 as of its most recent filing with the SEC.

Other hedge funds have also recently bought and sold shares of the company. Scalar Gauge Management LLC raised its holdings in shares of Zuora by 27.4% during the third quarter. Scalar Gauge Management LLC now owns 6,484,599 shares of the company’s stock worth $55,897,000 after acquiring an additional 1,393,327 shares during the period. State Street Corp raised its stake in shares of Zuora by 0.3% in the 3rd quarter. State Street Corp now owns 3,302,811 shares of the company’s stock valued at $28,470,000 after purchasing an additional 10,424 shares during the period. Geode Capital Management LLC lifted its holdings in shares of Zuora by 4.0% in the third quarter. Geode Capital Management LLC now owns 3,137,007 shares of the company’s stock valued at $27,047,000 after purchasing an additional 119,439 shares in the last quarter. Potrero Capital Research LLC boosted its position in shares of Zuora by 8.1% during the third quarter. Potrero Capital Research LLC now owns 2,949,360 shares of the company’s stock worth $25,423,000 after buying an additional 219,863 shares during the period. Finally, Samson Rock Capital LLP grew its holdings in shares of Zuora by 598.4% during the fourth quarter. Samson Rock Capital LLP now owns 2,095,340 shares of the company’s stock worth $20,786,000 after buying an additional 1,795,340 shares in the last quarter. 83.02% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Zuora

In other Zuora news, CAO Matthew R. Dobson sold 2,908 shares of Zuora stock in a transaction 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 sale, the chief accounting officer now directly owns 83,958 shares in the company, valued at approximately $833,702.94. The trade was a 3.35 % decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, insider Peter Hirsch sold 19,469 shares of the stock in a transaction dated 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 owns 24,146 shares of the company’s stock, 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 a total of 207,868 shares of company stock valued at $2,064,908 over the last 90 days. 8.62% of the stock is owned by corporate insiders.

Zuora Stock Performance

NYSE ZUO opened at $10.02 on Monday. Zuora, Inc. has a 52 week low of $8.20 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. The stock’s 50 day moving average price is $10.01 and its two-hundred day moving average price is $9.70. The stock has a market capitalization of $1.54 billion, a price-to-earnings ratio of -20.45 and a beta of 1.67.

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.