Zeta Network Group (NASDAQ:ZNB) Major Shareholder Financial Lp Hrt Buys 8,925 Shares

Zeta Network Group (NASDAQ:ZNBGet Free Report) major shareholder Financial Lp Hrt purchased 8,925 shares of the company’s stock in a transaction that occurred on Monday, July 27th. The stock was acquired at an average cost of $2.54 per share, with a total value of $22,669.50. Following the purchase, the insider directly owned 38,427 shares of the company’s stock, valued at $97,604.58. This trade represents a 30.25% increase in their ownership of the stock. The purchase was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Major shareholders that own 10% or more of a company’s stock are required to disclose their sales and purchases with the SEC.

Financial Lp Hrt also recently made the following trade(s):

  • On Friday, July 24th, Financial Lp Hrt purchased 21,929 shares of Zeta Network Group stock. The stock was bought at an average price of $0.27 per share, for a total transaction of $5,920.83.
  • On Monday, July 20th, Financial Lp Hrt sold 53,030 shares of Zeta Network Group stock. The shares were sold at an average price of $0.40, for a total transaction of $21,212.00.

Zeta Network Group Stock Up 8.9%

NASDAQ ZNB traded up $0.24 during trading on Tuesday, hitting $2.93. The company had a trading volume of 447,602 shares, compared to its average volume of 127,147. Zeta Network Group has a one year low of $1.83 and a one year high of $18,432.00. The company’s fifty day moving average is $7.36 and its 200-day moving average is $130.51.

Zeta Network Group (NASDAQ:ZNBGet Free Report) last announced its earnings results on Thursday, June 18th. The company reported ($681.24) earnings per share for the quarter. The firm had revenue of $8.45 million for the quarter.

Institutional Trading of Zeta Network Group

A hedge fund recently bought a new position in Zeta Network Group stock. Anson Funds Management LP purchased a new position in Zeta Network Group (NASDAQ:ZNBFree Report) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm purchased 595,397 shares of the company’s stock, valued at approximately $345,000. Anson Funds Management LP owned approximately 0.39% of Zeta Network Group at the end of the most recent reporting period. 3.44% of the stock is currently owned by hedge funds and other institutional investors.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (e+)” rating on shares of Zeta Network Group in a report on Tuesday, July 21st. One investment analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Read Our Latest Stock Analysis on ZNB

About Zeta Network Group

(Get Free Report)

Color Star Technology Co, Ltd., an entertainment and education company, provides online entertainment performances and music education services in the United States and China. The company operates Color World, an online platform of curriculum that includes music, sports, animation, painting and calligraphy, film and television, life skills, etc. Its Color World platform provides celebrity lectures, celebrity concert videos, celebrity peripheral products, and artist interactive communication services.

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