Zuora, Inc. (NYSE:ZUO) Shares Acquired by Connor Clark & Lunn Investment Management Ltd.

Connor Clark & Lunn Investment Management Ltd. lifted its position in shares of Zuora, Inc. (NYSE:ZUO) by 8.9% during the fourth quarter, Holdings Channel.com reports. The firm owned 547,456 shares of the company’s stock after acquiring an additional 44,822 shares during the period. Connor Clark & Lunn Investment Management Ltd.’s holdings in Zuora were worth $5,431,000 as of its most recent filing with the Securities and Exchange Commission (SEC).

A number of other institutional investors have also recently added to or reduced their stakes in ZUO. Samson Rock Capital LLP grew its stake in Zuora by 598.4% in the 4th quarter. Samson Rock Capital LLP now owns 2,095,340 shares of the company’s stock valued at $20,786,000 after acquiring an additional 1,795,340 shares during the period. Scalar Gauge Management LLC grew its stake in Zuora by 27.4% in the 3rd quarter. Scalar Gauge Management LLC now owns 6,484,599 shares of the company’s stock valued at $55,897,000 after acquiring an additional 1,393,327 shares during the period. JPMorgan Chase & Co. grew its stake in Zuora by 52.5% in the 3rd quarter. JPMorgan Chase & Co. now owns 1,126,596 shares of the company’s stock valued at $9,711,000 after acquiring an additional 387,876 shares during the period. New York Life Investment Management LLC acquired a new stake in Zuora in the 4th quarter valued at $2,780,000. Finally, Potrero Capital Research LLC lifted its holdings in Zuora by 8.1% in the 3rd quarter. Potrero Capital Research LLC now owns 2,949,360 shares of the company’s stock valued at $25,423,000 after purchasing an additional 219,863 shares in the last quarter. Institutional investors and hedge funds own 83.02% of the company’s stock.

Insider Buying and Selling at Zuora

In other Zuora news, 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 transaction, the chief accounting officer now owns 83,958 shares in the company, valued at approximately $833,702.94. This trade represents a 3.35 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Peter Hirsch sold 25,664 shares of the firm’s stock in a transaction on Thursday, January 2nd. The shares were sold at an average price of $9.93, for a total value of $254,843.52. Following the completion of the transaction, the insider now owns 43,615 shares in the company, valued at $433,096.95. The trade was a 37.04 % decrease in their position. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 207,868 shares of company stock worth $2,064,908. Corporate insiders own 8.62% of the company’s stock.

Zuora Stock Performance

Shares of ZUO stock opened at $10.02 on Monday. The stock’s fifty day moving average is $10.00 and its two-hundred day moving average is $9.65. 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 firm has a market capitalization of $1.54 billion, a P/E ratio of -20.45 and a beta of 1.67. Zuora, Inc. has a fifty-two week low of $8.20 and a fifty-two week high of $10.85.

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.