The Global X Management Co. LLC Increases Position in Zynga Inc. (ZNGA)

Zynga, Inc. (ZNGA) belonging to the Consumer Discretionary sector has surged 4.7% and closed its last trading session at $3.79. Cowen and Company now has an outperform rating on the stock. Analysts have placed a $3.76 price target on Zynga Inc., suggesting a -0.79% decline from recent close.

Want to see what other hedge funds are holding ZNGA? CytRx Corporation (CYTR) shares have been seen trading -74.81% off its 52 week- peak value and changed 86.34% from its 52 week-bottom price value. Analysts giving shares a rating of 1 or 2 would be indicating a Buy. Zacks Investment Research upgraded shares of Zynga from a "hold" rating to a "buy" rating and set a $3.75 price target on the stock in a report on Wednesday, May 10th. Its minimum price target estimates has been figured out at $3 while the maximum price target forecast is established at $5.

The Target Price for Zynga Inc Cl A Cmn (NASDAQ:ZNGA) is $3.76/share according to the consensus analysis of analysts working on the stock. Five analysts have rated the stock with a hold rating and nine have assigned a buy rating to the stock. Earnings surprises can have a huge impact on a company's stock price. Float is the number of shares available for trading of a particular stock. Floating stock is calculated by subtracting closely-held shares and restricted stock from a firm's total outstanding shares. The institutional investor owned 627,713 shares of the company's stock after buying an additional 46,776 shares during the period. Also, General Counsel Devang Shah sold 19,210 shares of the firm's stock in a transaction dated Monday, April 17th. Its last month's stock price volatility remained 3.42% which for the week approaches 3.77%. Following the transaction, the general counsel now directly owns 88,157 shares of the company's stock, valued at approximately $240,668.61. The disclosure for this sale can be found here. In the last three months, insiders have sold 1,837,220 shares of company stock valued at $6,412,191. Company insiders own 12.43% of the company's stock. Gladstone Capital Management LLP purchased a new position in Zynga during the first quarter worth $1,648,000. Alyeska Investment Group L.P. now owns 10,310,484 shares of the company's stock worth $26,498,000 after buying an additional 8,810,484 shares in the last quarter. GSA Capital Partners LLP boosted its stake in Zynga by 132.3% in the fourth quarter. GSA Capital Partners LLP now owns 57,935 shares of the company's stock worth $149,000 after buying an additional 32,994 shares in the last quarter. The company's revenue was up 4.1% on a year-over-year basis. The company's market cap is $3.03 billion.

Zynga Inc Cl A Cmn (NASDAQ:ZNGA) has average revenue estimates of $206.8 Million, compared to low analyst estimates of $204.18 Million and high estimates of $211.91 Million for the current quarter. Equities analysts predict that Zynga Inc. will post $0.09 earnings per share for the current year.

More news: Sunday shows omit key consequences of GOP Senate health care bill

The Average Earnings Estimate for the Current Fiscal quarter is $0.02 per share, according to consensus of 15 analysts.

According to Balance Sheet of ZNGA, Total cash on most recent quarter is 720.44 Million. Zynga had a negative return on equity of 5.25% and a negative net margin of 12.16%.

Zynga Inc. (NASDAQ:ZNGA)'s EPS growth this year is 7.50% and the trailing 12-month EPS is $-0.10. The "percentage off the 52-week high or low" refers to when a stock current price is relative to where it has traded over the last 52 weeks.

Like this



26 June 2017
Chris Harrison sorry for 'Bachelor in Paradise' suspension
Cast members have been sent home until the investigation is complete and there have been suggestions the series will be cancelled. Raven appeared on Nick Viall's Bachelor season and was set to appear on Bachelor in Paradise .

26 June 2017
Tallest building west of Mississippi River opens in LA
The Wilshire Grand Centre's spine and sail have programmable LEDs that can provide colourful illumination and visuals. Southern California has dozens of faults, and the building is created to withstand about a magnitude-7.5 temblor.

26 June 2017
Revenue Estimates Analysis AVEO Pharmaceuticals, Inc. (AVEO)
Market capitalization is calculated by multiplying a company's shares outstanding by the current market price of one share. (NASDAQ:AVEO) are making a strong comeback as they have jumped 150.5% since bottoming out at $0.5 on March 28, 2017.

26 June 2017
Clinton colluded with Democratic Party to beat Sanders
Following the Vermont senator's defeat, Trump said the Democratic Party had cheated Sanders out of the nomination. Jane Sanders served as president of Burlington College from 2004 to 2011, reports the Huffington Post .

26 June 2017
BMW announces $600M expansion as it celebrates 25 years
Production climbed to a record 411,000 units past year , with about 70 percent of those vehicles exported. The investment, which is expected to run from 2018 through 2021 will add 1,000 jobs, the company said.

26 June 2017
Most Recent Analysts Ratings Southwestern Energy Company (SWN)
The total number of shares percentage held by insiders is about 0.54% while the number of Shares % held by institutions is 110.6%. On average, analysts expect that Southwestern Energy Company will post $0.68 earnings per share for the current fiscal year.

26 June 2017
Veteran DUP MP: UK LGBTI rights will be maintained
Downing Street has warned that direct rule from London could be imposed if no solution is found before ta June 29 deadline. He added: "We're looking forward especially to the meeting with the DUP and the DUP leader".

26 June 2017
AK Steel Holding Corporation (NYSE:AKS), Citizens Financial Group Inc (NYSE:CFG)
The share price has moved forward from its 20 days moving average 8.35% and positively from its 50 days moving average 8.49%. TRADEMARK VIOLATION WARNING: This piece of content was reported by Stock Observer and is the property of of Stock Observer.

26 June 2017
GOP senators rebel as Senate Republicans unveil new healthcare bill
Paul about the direction the bill should be heading in", said Sen. AARP calls on every Senator to vote "NO" on this harmful bill. John Kasich, a Republican, said in a Twitter message.

26 June 2017
Traders Watch list: Extended Stay America Inc (NYSE:STAY)
AQR Capital Management LLC bought a new position in Extended Stay America during the fourth quarter valued at $320,000. Inc. acquired a new position in shares of Extended Stay America during the fourth quarter valued at $455,411,000.