Zeta Network Group (NASDAQ:ZNB) Major Shareholder Sells $21,212.00 in Stock

Zeta Network Group (NASDAQ:ZNB) major shareholder Financial Lp Hrt sold 53,030 shares of Zeta Network Group stock in a transaction on Monday, July 20th. The stock was sold at an average price of $0.40, for a total transaction of $21,212.00. Following the sale, the insider owned 101,920 shares of the company’s stock, valued at $40,768. The trade was a 34.22% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Large 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 Tuesday, July 28th, Financial Lp Hrt sold 42,254 shares of Zeta Network Group stock. The shares were sold at an average price of $2.87, for a total transaction of $121,268.98.
• On Monday, July 27th, Financial Lp Hrt bought 8,925 shares of Zeta Network Group stock. The stock was purchased at an average cost of $2.54 per share, for a total transaction of $22,669.50.
• On Friday, July 24th, Financial Lp Hrt bought 21,929 shares of Zeta Network Group stock. The stock was purchased at an average price of $0.27 per share, with a total value of $5,920.83.

Zeta Network Group Stock Performance

Shares of ZNB stock opened at $2.83 on Friday. The business has a fifty day moving average of $6.73 and a 200 day moving average of $118.13. Zeta Network Group has a 1 year low of $1.83 and a 1 year high of $16,796.00.

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

Institutional Inflows and Outflows

An institutional investor recently bought a new position in Zeta Network Group stock. Anson Funds Management LP purchased a new stake in Zeta Network Group (NASDAQ:ZNB) during the 4th quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor purchased 595,397 shares of the company’s stock, valued at approximately $345,000. Anson Funds Management LP owned about 0.39% of Zeta Network Group as of its most recent filing with the Securities and Exchange Commission (SEC). Institutional investors and hedge funds own 3.44% of the company’s stock.

Analysts Set New Price Targets

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