How Analysts Feel About Zynga Inc. (NASDAQ:ZNGA)?

April 16, 2018 - By Stephen Andrade

Investors sentiment increased to 1.38 in 2017 Q4. Its up 0.21, from 1.17 in 2017Q3. It increased, as 27 investors sold Zynga Inc. shares while 54 reduced holdings. 40 funds opened positions while 72 raised stakes. 587.93 million shares or 1.39% more from 579.86 million shares in 2017Q3 were reported.
Gilder Gagnon Howe & Com Ltd Com holds 1.94 million shares. Glenmede Tru Na has 0% invested in Zynga Inc. (NASDAQ:ZNGA). Pnc Finance Svcs Gp Inc reported 90,643 shares stake. Balyasny Asset Lc accumulated 92,044 shares. Citigroup accumulated 575,127 shares or 0% of the stock. 297,745 were reported by Comerica Bancorp. 148,411 are owned by Gotham Asset Mngmt Limited Liability Company. 37,967 were accumulated by Paloma Prtn Comm. Eagle Asset Mgmt owns 3.63 million shares or 0.08% of their US portfolio. Comml Bank Of Ny Mellon Corporation invested in 2.86M shares or 0% of the stock. Tiaa Cref Inv Lc stated it has 0.02% of its portfolio in Zynga Inc. (NASDAQ:ZNGA). State Street holds 0% or 9.93 million shares in its portfolio. 22,229 are held by Metropolitan Life Insurance. Artisan Ptnrs Partnership holds 0.14% or 18.66M shares. Cobblestone Advsrs Ltd Liability Co New York, New York-based fund reported 18,300 shares.

Since January 16, 2018, it had 0 insider purchases, and 5 insider sales for $290,758 activity. The insider Siminoff Ellen F sold 12,000 shares worth $44,850. The insider Bromberg Matthew S sold 20,000 shares worth $78,400.

Zynga Inc. (NASDAQ:ZNGA) Ratings Coverage

Among 6 analysts covering Zynga (NASDAQ:ZNGA), 4 have Buy rating, 1 Sell and 1 Hold. Therefore 67% are positive. Zynga had 6 analyst reports since November 5, 2017 according to SRatingsIntel. Credit Suisse maintained Zynga Inc. (NASDAQ:ZNGA) on Thursday, February 8 with “Underperform” rating. The stock of Zynga Inc. (NASDAQ:ZNGA) has “Buy” rating given on Thursday, February 8 by Wedbush. The company was maintained on Sunday, February 11 by Jefferies. The stock of Zynga Inc. (NASDAQ:ZNGA) has “Buy” rating given on Friday, December 8 by Cowen & Co. Canaccord Genuity maintained Zynga Inc. (NASDAQ:ZNGA) rating on Sunday, November 5. Canaccord Genuity has “Hold” rating and $3.5 target. Below is a list of Zynga Inc. (NASDAQ:ZNGA) latest ratings and price target changes.

11/02/2018 Broker: Jefferies Rating: Buy New Target: $5.0 Maintain
08/02/2018 Broker: Wedbush Rating: Buy New Target: $5.5 Maintain
08/02/2018 Broker: Credit Suisse Old Rating: Underperform New Rating: Underperform Old Target: $3.8 New Target: $4 Maintain
03/01/2018 Broker: Consumer Edge Research Rating: Overweight New Target: $4.5 Initiates Coverage On
08/12/2017 Broker: Cowen & Co Rating: Buy New Target: $4.5 Maintain
05/11/2017 Broker: Canaccord Genuity Rating: Hold New Target: $3.5 Maintain

The stock increased 1.43% or $0.05 during the last trading session, reaching $3.55. About 3.45M shares traded. Zynga Inc. (NASDAQ:ZNGA) has risen 31.67% since April 16, 2017 and is uptrending. It has outperformed by 20.12% the S&P500.

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 market cap of $3.08 billion. It offers its online social games primarily under the Slots, Words With Friends, Zynga Poker, and FarmVille franchises. It has a 118.33 P/E ratio. The companyÂ’s games are accessible on mobile platforms, Facebook, and other social networks, as well as Zynga.com.

Zynga Inc. (NASDAQ:ZNGA) Institutional Positions Chart

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