KD Logo

Checking in on Zuora Inc (ZUO) after recent insiders movement

Zuora Inc’s recently made public that its Chief Product & Tech Officer HIRSCH PETER unloaded Company’s shares for reported $0.17 million on Oct 15 ’24. In the deal valued at $9.06 per share,18,855 shares were sold. As a result of this transaction, HIRSCH PETER now holds 19,279 shares worth roughly $0.19 million.

3 Tiny Stocks Primed to Explode The world's greatest investor — Warren Buffett — has a simple formula for making big money in the markets. He buys up valuable assets when they are very cheap. For stock market investors that means buying up cheap small cap stocks like these with huge upside potential.

We've set up an alert service to help smart investors take full advantage of the small cap stocks primed for big returns.

Click here for full details and to join for free
Sponsored

Then, PETER D HIRSCH bought 18,855 shares, generating $169,129 in total proceeds.

Before that, Dobson Matthew R sold 2,994 shares. Zuora Inc shares valued at $24,981 were divested by the Chief Accounting Officer at a price of $8.34 per share. As a result of the transaction, Dobson Matthew R now holds 74,536 shares, worth roughly $0.74 million.

Craig Hallum downgraded its Zuora Inc [ZUO] rating to a Hold from a a Buy in a research note published recently. A number of analysts have revised their coverage, including Goldman’s analysts, who increased its forecast for the stock in late January from “a Neutral” to “a Buy”. Robert W. Baird began covering ZUO with “Neutral” recommendation on July 13, 2023. Lake Street started covering the stock on January 31, 2023. It rated ZUO as “a Buy”.

Price Performance Review of ZUO

On Monday, Zuora Inc [NYSE:ZUO] saw its stock fall -0.10% to $9.89. Over the last five days, the stock has gained 0.10%. Zuora Inc shares have risen nearly 5.21% since the year began. Nevertheless, the stocks have risen 32.93% over the past one year. While a 52-week high of $10.85 was reached on 05/23/24, a 52-week low of $7.28 was recorded on 02/29/24. SMA at 50 days reached $9.03, while 200 days put it at $9.14.

Levels Of Support And Resistance For ZUO Stock

The 24-hour chart illustrates a support level at 9.88, which if violated will result in even more drops to 9.87. On the upside, there is a resistance level at 9.91. A further resistance level may holdings at 9.93. The Relative Strength Index (RSI) on the 14-day chart is 73.56, which indicates overbought technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.03, which suggests price will go down in the next trading period. Percent R suggests that price movement has been bullish at 17.46%. Stochastics %K at 85.95% indicates the stock is a selling.

How much short interest is there in Zuora Inc?

A steep rise in short interest was recorded in Zuora Inc stocks on 2024-10-15, growing by 4716.0 shares to a total of 5.84 million shares. Yahoo Finance data shows the prior-month short interest on 2024-09-13 was 5.83 million shares. There was a rise of 0.08%, which implies that there is a positive sentiment for the stock.

The most recent change occurred on October 21, 2022 when Goldman began covering the stock and recommended ‘”a Neutral”‘ rating along with a $9 price target.

Most Popular