Zeta Network Group (NASDAQ:ZNB) Major Shareholder Financial Lp Hrt Sells 53,030 Shares of Stock

Zeta Network Group (NASDAQ:ZNB) major shareholder Financial Lp Hrt sold 53,030 shares of the stock in a transaction on Monday, July 20th. The stock was sold at an average price of $0.40, for a total value of $21,212.00. Following the completion of the sale, the insider directly owned 101,920 shares in the company, valued at $40,768. This represents a 34.22% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Major shareholders that own more than 10% of a company’s stock are required to disclose their transactions with the SEC.

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

• On Monday, July 27th, Financial Lp Hrt bought 8,925 shares of Zeta Network Group stock. The stock was bought at an average price of $2.54 per share, for a total transaction of $22,669.50.
• On Friday, July 24th, Financial Lp Hrt purchased 21,929 shares of Zeta Network Group stock. The shares were purchased at an average cost of $0.27 per share, with a total value of $5,920.83.

Zeta Network Group Price Performance

Shares of ZNB opened at $2.93 on Wednesday. The firm has a fifty day moving average of $7.16 and a 200-day moving average of $126.70. Zeta Network Group has a 1 year low of $1.83 and a 1 year high of $18,432.00.

Zeta Network Group (NASDAQ:ZNB) last released its quarterly earnings data on Thursday, June 18th. The company reported ($681.24) earnings per share for the quarter. The company had revenue of $8.45 million for 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 purchased a new position in shares of Zeta Network Group (NASDAQ:ZNB) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The fund purchased 595,397 shares of the company’s stock, valued at approximately $345,000. Anson Funds Management LP owned 0.39% of Zeta Network Group as of its most recent filing with the Securities and Exchange Commission. Institutional investors own 3.44% of the company’s stock.

Wall Street Analysts Forecast Growth

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