5 Small Cap SaaS Stocks Hedge Funds Are Piling Into

4. Zuora, Inc. (NYSE:ZUO)

Number of Hedge Fund Shareholders In Q4 2022: 23

Zuora, Inc. (NYSE:ZUO) enables businesses to transform their operations to a subscription based model. Its platform allows customers to recognize revenue, generate quotations, and automate collections.

Zuora, Inc. (NYSE:ZUO)’s CEO Mr. Tien Tzuo shared his take on the ongoing technology industry downturn in February 2023, stating that his firm is primed to utilize the trends generated from the downturn. According to him, firms are experimenting with a mix of business models, and Zuora, Inc. (NYSE:ZUO) has the right products to help them deliver this change. 23 of the 943 hedge funds polled by Insider Monkey in Q4 2022 had bought the firm’s shares.

Zuora, Inc. (NYSE:ZUO)’s largest investor is Kevin Oram and Peter Uddo’s Praesidium Investment Management Company which own s4.9 million shares that are worth $31 million.

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