Insider Activity of Zynga, Inc. (ZNGA)

Marco Green
May 28, 2017

More notable recent Zynga Inc (NASDAQ:ZNGA) news were published by: Fool.com which released: "Why Zynga Inc Stock Popped Today" on May 05, 2017, also Reuters.com with their article: "BRIEF-Zynga Inc Q1 loss per share $0.01" published on May 04, 2017, Valuewalk.com published: "Zynga Inc Beats Revenue Guidance, Activision Blizzard, Inc". It represents a security's price that, if achieved, results in a trader recognizing the best possible outcome for his investment. Insiders own 16.60% of the company's stock. (ZNGA) stands at -8.25 while the industry's and the sector's growth for next 5 years ticked at 21.58 and 4.89 respectively. Zacks Investment Research raised Zynga from a hold rating to a buy rating and set a $3.75 price objective on the stock in a research report on Wednesday, May 10th.

Zynga Inc. (ZNGA) closed business day at $3.58 with 2.29%.

Zynga, Inc. (ZNGA) has the market capitalization of $2.92 Billion. Finally, Piper Jaffray Companies reiterated a hold rating and set a $3.00 price objective on shares of Zynga in a research report on Friday, May 5th. Analysts pegging the company with a rating of 3 would be indicating a Hold recommendation. The stock's average target of $2.92 is -14.37% below today's ($3.41) share price. Siminoff Ellen F sold 12,000 shares worth $31,080. However the price at the close of last session was 18.53% higher than its 50-day moving average and 24.88% over its 200-day moving average. The company maintains price to book ratio of 2.01.

Zynga (NASDAQ:ZNGA) last released its quarterly earnings data on Thursday, May 4th. The company reported ($0.01) earnings per share for the quarter, hitting the consensus estimate of ($0.01). Net profit margin of the company was recorded at -12.2 percent, operating profit margin was -12.9 percent, whereas gross profit margin stands at 67.1 percent.

In case of Revenue Estimates, 206370 analysts have provided their consensus Average Revenue Estimates for Zynga, Inc.as 13000. The company's quarterly revenue was up 4.1% on a year-over-year basis. These analysts have also projected a Low Estimate of $0.01/share and a High Estimate of $0.03/share. The stock of Zynga Inc (NASDAQ:ZNGA) has "Hold" rating given on Friday, August 7 by Robert W. Baird. If you are accessing this piece of content on another publication, it was stolen and republished in violation of U.S. & worldwide copyright & trademark legislation. The legal version of this story can be accessed at https://www.themarketsdaily.com/2017/05/25/zynga-inc-znga-given-hold-rating-at-canaccord-genuity-updated-updated.html. Amalgamated Bank now owns 104,174 shares of the company's stock valued at $297,000 after buying an additional 3,346 shares during the last quarter. Following the transaction, the director now directly owns 157,973 shares in the company, valued at approximately $448,643.32. The stock has "Outperform" rating by Wedbush on Thursday, February 11. The stock was sold at an average price of $2.91, for a total transaction of $34,920.00. The Stock now has a Weekly Volatility of 3.17% and Monthly Volatility of 3.73%. The disclosure for this sale can be found here. Recently, the stock has been noticed trading 11.75% away from the 20-day moving average. Hedge funds and other institutional investors own 60.68% of the company's stock. Clinton Group Inc. increased its stake in Zynga by 0.7% in the first quarter.

Since January 1, 0001, it had 0 buys, and 12 sales for $1.39 million activity. Zynga's revenue was up 4.1% compared to the same quarter a year ago. Principal Financial Group Inc. now owns 92,862 shares of the company's stock valued at $265,000 after buying an additional 2,540 shares during the period. HighTower Advisors LLC acquired a new position in shares of Zynga during the first quarter worth approximately $116,000. Moreover, Empire Capital Management L.L.C. has 3.38% invested in the company for 392,000 shares. PNC Financial Services Group Inc. now owns 71,889 shares of the company's stock valued at $205,000 after buying an additional 7,535 shares during the last quarter.

Valuation Ratios of Zynga Inc. Goldman Sachs Group accumulated 1.97M shares.

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