Zuora Inc (NYSE:ZUO), a cloud-based subscription management platform provider, has reported an insider sell according to a recent SEC filing. Robert Traube, the Chief Revenue Officer of Zuora Inc, sold 42,852 shares of the company on January 10, 2024. The transaction was disclosed in a Form 4 filing with the Securities and Exchange Commission.
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 is designed to automate recurring billing, collections, quoting, revenue recognition, and subscription metrics.
Over the past year, the insider has sold a total of 475,621 shares and has not made any purchases of the company's stock. The recent sell brings the insider's total sales to a significant number, indicating a consistent pattern of share disposals over the period.
The insider transaction history for Zuora Inc shows a trend of insider selling, with 40 insider sells and no insider buys over the past year.
On the valuation front, shares of Zuora Inc were trading at $8.55 on the day of the insider's recent transaction. The company's market cap stands at $1.212 billion.
According to the GF Value, with a price of $8.55 and a GuruFocus Value of $11.44, Zuora Inc's price-to-GF-Value ratio is 0.75, suggesting that the stock is modestly undervalued.
The GF Value is a proprietary intrinsic value estimate from GuruFocus, which is calculated based on historical trading multiples such as price-earnings ratio, price-sales ratio, price-book ratio, and price-to-free cash flow, an adjustment factor based on the company's past returns and growth, and future business performance estimates provided by Morningstar analysts.
Investors often monitor insider transactions as they can provide insights into the insider's view of the company's stock value. However, it is important to consider that insider selling can occur for various reasons and may not necessarily indicate a negative outlook on the company's future performance.
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.
