ZenaTech Sees Unusually Large Options Volume (NASDAQ:ZENA)

ZenaTech, Inc. (NASDAQ:ZENA) saw unusually large options trading on Wednesday. Stock traders purchased 2,322 call options on the stock. This represents an increase of approximately 54% compared to the average daily volume of 1,509 call options.

Key Headlines Impacting ZenaTech

Here are the key news stories impacting ZenaTech this week:

• Positive Sentiment: ZenaTech reported a sharp year-over-year revenue jump of 640% in Q1 2026, driven by growth in its drone division, which supports the company’s expansion story and suggests improving business momentum. ZenaTech Reports 640% Increase in First Quarter 2026 Revenue Year-over-Year Growth Powered by its Drone Division
• Positive Sentiment: The company completed its 23rd Drone as a Service acquisition, expanding in Colorado and moving closer to its goal of acquiring 25 companies by mid-2026, which could boost recurring revenue and scale. ZenaTech Completes its 23rd Drone as a Service Acquisition Expanding Colorado Presence in Southeast Denver Growth Corridor
• Positive Sentiment: Unusually heavy call-option buying points to speculative bullish sentiment, with traders positioning for further upside.
• Neutral Sentiment: ZenaTech filed a Form 6-K showing higher current assets in Q1 2026, which may reassure investors about near-term liquidity but does not by itself change the growth outlook. ZenaTech Files June Form 6-K, Reporting Higher Q1 2026 Current Assets
• Neutral Sentiment: The company also disclosed an equity stake in Plurilock Security via an early warning filing, but the direct impact on ZenaTech’s core business is unclear. ZenaTech Files Early Warning Report Pursuant to National Instrument 61-103
• Negative Sentiment: The latest quarterly earnings showed a loss of $0.36 per share, underscoring that the company is still unprofitable despite rapid revenue growth.

ZenaTech Price Performance

ZENA traded up $0.01 during midday trading on Wednesday, reaching $1.51. 18,242,518 shares of the company’s stock were exchanged, compared to its average volume of 2,201,451. The company has a quick ratio of 2.03, a current ratio of 2.22 and a debt-to-equity ratio of 0.84. The business has a 50-day simple moving average of $1.99 and a two-hundred day simple moving average of $2.80. The firm has a market capitalization of $33.86 million, a price-to-earnings ratio of -1.42 and a beta of 7.07. ZenaTech has a one year low of $1.15 and a one year high of $7.11.

ZenaTech (NASDAQ:ZENA) last issued its earnings results on Wednesday, June 3rd. The company reported ($0.36) earnings per share (EPS) for the quarter.

Institutional Investors Weigh In On ZenaTech

A number of hedge funds have recently added to or reduced their stakes in ZENA. 683 Capital Management LLC bought a new stake in shares of ZenaTech in the 4th quarter valued at about $410,000. Skandinaviska Enskilda Banken AB publ bought a new position in ZenaTech during the 3rd quarter worth approximately $604,000. Vident Advisory LLC acquired a new position in ZenaTech during the third quarter valued at approximately $534,000. Virtu Financial LLC bought a new stake in ZenaTech in the third quarter valued at approximately $135,000. Finally, Barclays PLC increased its stake in ZenaTech by 208.5% in the fourth quarter. Barclays PLC now owns 11,163 shares of the company’s stock valued at $36,000 after purchasing an additional 7,544 shares in the last quarter.

Analyst Upgrades and Downgrades

A number of equities research analysts have issued reports on the company. Wall Street Zen cut ZenaTech from a “sell” rating to a “strong sell” rating in a research report on Saturday, April 11th. Weiss Ratings lowered shares of ZenaTech from a “sell (d-)” rating to a “sell (e+)” rating in a research report on Wednesday, May 6th. One investment analyst has rated the stock with a Buy rating and one has given a Sell rating to the stock. According to MarketBeat, the stock presently has an average rating of “Hold” and an average price target of $9.00.

ZenaTech Company Profile

ZenaTech, Inc, an enterprise software technology company, develops cloud-based software applications in Canada. It provides cryptocurrency wallets and cloud-based enterprise software solutions for the agriculture industry; cloud-based enterprise software solutions for the medical records industry; safety and compliance management software and mobile solutions; field management software and mobile solutions; integrated cloud-based enterprise software and hardware drone technology solutions for various industries; and browser-based enterprise software applications for public safety.