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

Zeta Network Group (NASDAQ:ZNB) major shareholder Financial Lp Hrt purchased 8,925 shares of the company’s stock in a transaction on Monday, July 27th. The shares were bought at an average price of $2.54 per share, with a total value of $22,669.50. Following the completion of the transaction, the insider owned 38,427 shares of the company’s stock, valued at approximately $97,604.58. The trade was a 30.25% increase in their ownership of the stock. The acquisition was disclosed in a document filed with the SEC, which can be accessed through this link. Large shareholders that own at least 10% of a company’s shares are required to disclose their transactions 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 cost 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 Performance

NASDAQ:ZNB opened at $2.93 on Wednesday. Zeta Network Group has a 52 week low of $1.83 and a 52 week high of $18,432.00. The stock’s fifty day moving average is $7.16 and its two-hundred day moving average is $126.70.

Zeta Network Group (NASDAQ:ZNB) last issued its quarterly earnings data on Thursday, June 18th. The company reported ($681.24) earnings per share for the quarter. The firm had revenue of $8.45 million during the quarter.

Institutional Trading of Zeta Network Group

An institutional investor recently bought a new position in Zeta Network Group stock. Anson Funds Management LP bought a new stake in Zeta Network Group (NASDAQ:ZNB) in the fourth quarter, according to its most recent filing with the Securities & Exchange Commission. The firm bought 595,397 shares of the company’s stock, valued at approximately $345,000. Anson Funds Management LP owned 0.39% of Zeta Network Group at the end of the most recent quarter. Institutional investors own 3.44% of the company’s stock.

Analyst Upgrades and Downgrades

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

Zeta Network Group Company Profile

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.