Trexquant Investment LP Acquires 117,320 Shares of Zuora, Inc. (NYSE:ZUO)

Trexquant Investment LP increased its holdings in shares of Zuora, Inc. (NYSE:ZUO) by 77.3% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The institutional investor owned 269,000 shares of the company’s stock after purchasing an additional 117,320 shares during the quarter. Trexquant Investment LP owned approximately 0.18% of Zuora worth $2,668,000 at the end of the most recent reporting period.

Other institutional investors and hedge funds also recently added to or reduced their stakes in the company. JPMorgan Chase & Co. grew its holdings in Zuora by 52.5% during the 3rd quarter. JPMorgan Chase & Co. now owns 1,126,596 shares of the company’s stock valued at $9,711,000 after buying an additional 387,876 shares in the last quarter. 272 Capital LP grew its stake in Zuora by 28.1% during the third quarter. 272 Capital LP now owns 493,527 shares of the company’s stock valued at $4,254,000 after acquiring an additional 108,201 shares in the last quarter. FMR LLC increased its holdings in Zuora by 38.4% in the 3rd quarter. FMR LLC now owns 246,499 shares of the company’s stock valued at $2,125,000 after acquiring an additional 68,338 shares during the last quarter. SG Americas Securities LLC increased its holdings in Zuora by 49.8% in the 4th quarter. SG Americas Securities LLC now owns 85,665 shares of the company’s stock valued at $850,000 after acquiring an additional 28,465 shares during the last quarter. Finally, BNP Paribas Financial Markets lifted its stake in Zuora by 71.8% in the 3rd quarter. BNP Paribas Financial Markets now owns 168,270 shares of the company’s stock worth $1,450,000 after purchasing an additional 70,349 shares in the last quarter. Institutional investors own 83.02% of the company’s stock.

Zuora Stock Performance

Shares of Zuora stock opened at $10.02 on Tuesday. The company has a quick ratio of 2.62, a current ratio of 2.62 and a debt-to-equity ratio of 2.00. The firm has a market cap of $1.54 billion, a price-to-earnings ratio of -20.45 and a beta of 1.67. Zuora, Inc. has a twelve month low of $8.20 and a twelve month high of $10.85. The business has a 50-day moving average price of $10.02 and a 200-day moving average price of $9.80.

Insider Buying and Selling at Zuora

In other Zuora news, insider Peter Hirsch sold 19,469 shares of the stock in a transaction on Wednesday, January 15th. The shares were sold at an average price of $9.97, for a total transaction of $194,105.93. Following the completion of the transaction, the insider now owns 24,146 shares in the company, valued at $240,735.62. This trade represents a 44.64 % 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. 8.62% of the stock is currently owned by company insiders.

Zuora 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.