Zynga Inc – Class A (NASDAQ:ZNGA) Sellers Increased Their Shorts By 2.01%

June 29, 2018 - By Eric Painter

Big Money Sentiment decreased to 1.08 in 2018 Q1. It has change of 0.30, from 2017Q4’s 1.38. The ratio dived due to Zynga Inc. positioning: 38 sold and 48 reduced. 28 funds took positions and 65 increased positions. Investors holded 587.93 million in 2017Q4 but now own 575.74 million shares or 2.07% less.
Wellington Management Group Llp reported 18,639 shs stake. Gsa Prns Llp accumulated 173,877 shs. Gilder Gagnon Howe Ltd Limited Liability Company has 2.90 million shs. Georgia-based Invesco Limited has invested 0% in Zynga Inc. (NASDAQ:ZNGA). Royal Savings Bank Of Canada holds 0% of its capital in Zynga Inc. (NASDAQ:ZNGA) for 31,904 shs. Td Asset Mgmt Inc has invested 0% in Zynga Inc. (NASDAQ:ZNGA). Alliancebernstein Ltd Partnership has invested 0% of its capital in Zynga Inc. (NASDAQ:ZNGA). Bb&T Ltd Com has invested 0% in Zynga Inc. (NASDAQ:ZNGA). California Public Employees Retirement Systems invested in 1.98 million shs. Schwab Charles Inc owns 0.01% invested in Zynga Inc. (NASDAQ:ZNGA) for 3.26M shs. Rhumbline Advisers holds 724,647 shs or 0.01% of its capital. Morgan Stanley reported 0% in Zynga Inc. (NASDAQ:ZNGA). First Republic Investment Mngmt Incorporated holds 12,504 shs. Wells Fargo & Mn stated it has 0% in Zynga Inc. (NASDAQ:ZNGA). Exane Derivatives holds 4,014 shs.

Zynga Inc. had 10 sales and 0 insider purchases since January 16, 2018. This’s net activity of $574,360. On Wednesday, April 18 the insider Bromberg Matthew S sold $71,400. Kim Bernard Jin had sold 20,000 shs worth $71,400.

Change of 2.01% for Zynga Inc – Class A (NASDAQ:ZNGA)’s shorted shares was recorded. In June was announced ZNGA’s total 23.09 million shorted shares by FINRA. Previously was reported up change of 2.01% from 22.64 million shares. Previous ZNGA’s position will need 4 days to recover. It has 5.82M average volume. Zynga Inc – Class A’s shorted shares float is 3.02%.

Ticker’s shares touched $4.06 during the last trading session after 0.50% change.Zynga Inc. has volume of 2.78M shares. Since June 29, 2017 ZNGA has risen 19.48% and is uptrending. The stock outperformed the S&P500 by 6.91%.

Zynga Inc. develops, markets, and operates social games as live services played on the Internet, social networking sites, and mobile platforms in the United States and internationally.The company has $3.48 billion market cap. It offers its online social games primarily under the Slots, Words With Friends, Zynga Poker, and FarmVille franchises.The P/E ratio is 135.33. The companyÂ’s games are accessible on mobile platforms, Facebook, and other social networks, as well as Zynga.com.

Zynga Inc. (NASDAQ:ZNGA) Ratings Coverage

In total 5 analysts cover Zynga (NASDAQ:ZNGA). “Buy” rating has 4, “Sell” are 1, while 0 are “Hold”. (NASDAQ:ZNGA) has 80% bullish analysts. 5 are the (NASDAQ:ZNGA)’s ratings reports on Jun 29, 2018 according to StockzIntelligence Inc. On Sunday, February 11 Jefferies maintained the shares of ZNGA in report with “Buy” rating. On Thursday, February 8 Credit Suisse maintained Zynga Inc. (NASDAQ:ZNGA) with “Underperform” rating. On Thursday, May 31 the firm earned “Buy” rating by Benchmark. In Thursday, February 8 report Wedbush maintained it with “Buy” rating and $5.5 target.

There’s a significant Zynga Inc. (NASDAQ:ZNGA) news announced by Seekingalpha.com. It’s a report titled: “Zynga: No Cigar” on June 01, 2018.

Zynga Inc. (NASDAQ:ZNGA) Institutional Investors Chart

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