Financial Lp Hrt Sells 42,254 Shares of Zeta Network Group (NASDAQ:ZNB) Stock

Zeta Network Group (NASDAQ:ZNB) major shareholder Financial Lp Hrt sold 42,254 shares of the firm’s stock in a transaction that occurred on Tuesday, July 28th. The shares were sold at an average price of $2.87, for a total transaction of $121,268.98. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Large shareholders that own at least 10% 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 Monday, July 27th, Financial Lp Hrt bought 8,925 shares of Zeta Network Group stock. The shares were acquired at an average price of $2.54 per share, with a total value of $22,669.50.
• 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 stock was sold at an average price of $0.40, for a total value of $21,212.00.

Zeta Network Group Trading Down 15.9%

NASDAQ ZNB opened at $2.38 on Friday. Zeta Network Group has a 12 month low of $1.83 and a 12 month high of $16,796.00. The stock has a 50-day simple moving average of $6.50 and a 200 day simple moving average of $117.32.

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

Hedge Funds Weigh In On Zeta Network Group

An institutional investor recently bought a new stake 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 the company in its most recent Form 13F 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 0.39% of Zeta Network Group at the end of the most recent reporting period. 3.44% of the stock is owned by institutional investors.

Analyst Ratings Changes

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