Zuora Inc Chairman and CEO Tien Tzuo Sells 236,157 Shares
Zuora Inc (NYSE:ZUO), a cloud-based subscription management platform provider, has reported a significant insider sell according to a recent SEC filing. Chairman and CEO, 10% Owner Tien Tzuo sold 236,157 shares of the company on January 23, 2024. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Zuora Inc's business model revolves around its SaaS platform, which helps businesses in various industries to launch, manage, and transform into a subscription business. The platform's applications are designed to automate billing, collections, quoting, revenue recognition, and subscription metrics.
Over the past year, the insider has sold a total of 574,999 shares of Zuora Inc and has not made any purchases of the stock. The company's insider transaction history shows a total of 39 insider sells and no insider buys over the past year.
On the date of the insider's recent sell, shares of Zuora Inc were trading at $9.26, giving the company a market capitalization of $1.317 billion.
The stock's price-to-GF-Value ratio stands at 0.81, with a GuruFocus Value of $11.42, indicating that Zuora Inc is considered modestly undervalued based on its GF Value. The GF Value is determined by historical trading multiples, a GuruFocus adjustment factor based on the company's past performance, and future business performance estimates from Morningstar analysts.
The insider trend image above reflects the recent insider selling activity at Zuora Inc.
The GF Value image provides a visual representation of the stock's valuation relative to its intrinsic value estimate.
This article, generated by GuruFocus, is designed to provide general insights and is not tailored financial advice. Our commentary is rooted in historical data and analyst projections, utilizing an impartial methodology, and is not intended to serve as specific investment guidance. It does not formulate a recommendation to purchase or divest any stock and does not consider individual investment objectives or financial circumstances. Our objective is to deliver long-term, fundamental data-driven analysis. Be aware that our analysis might not incorporate the most recent, price-sensitive company announcements or qualitative information. GuruFocus holds no position in the stocks mentioned herein.
This article first appeared on GuruFocus.
