Zynga INC (ZNGA) Shareholder Springbok Capital Management LLC Decreased Stake by $3.29 Million as Shares Rose

Big Money Sentiment increased to 1.14 in 2018 Q4. It has change of 0.06, from 2018Q3’s 1.08. The ratio is positive due to ZNGA positioning: 30 sold and 55 reduced. 44 funds acquired stakes and 53 increased stakes. Investors holded 647.16 million in 2018Q3 but now own 673.02 million shares or 4.00% more. Veritable Lp invested 0% in Zynga Inc. (NASDAQ:ZNGA). Private Advisor Gp Limited Liability Company reported 0% in Zynga Inc. (NASDAQ:ZNGA). Mirae Asset Global Investments Ltd has invested 0.02% of its capital in Zynga Inc. (NASDAQ:ZNGA). Walleye Trading Ltd stated it has 67,654 shs. Bnp Paribas Arbitrage reported 107,206 shs or 0% of all its holdings. Iowa-based Principal Financial Gru Inc has invested 0% in Zynga Inc. (NASDAQ:ZNGA). Tiaa Cref Investment Mngmt Limited Company has 4.13M shs. Glenmede Trust Co Na has 0% invested in Zynga Inc. (NASDAQ:ZNGA) for 3,000 shs. Alliancebernstein Ltd Partnership holds 0% or 892,707 shs. Meeder Asset Mngmt Incorporated reported 0% stake. 11,081 are held by Sterling Mgmt Ltd Liability Company. American Intl Group Inc invested in 0% or 13,868 shs. Oakbrook Invests Lc accumulated 15,650 shs or 0% of the stock. Earnest Partners Llc reported 54 shs. 1.24 million were reported by California State Teachers Retirement System.

ZNGA registered $3.32 million net activity with 0 insider buys and 10 sales since October 24, 2018. Shares for $42,240 were sold by Siminoff Ellen F on Monday, November 26. On Friday, January 18 Ryan Jeffrey Miles sold $549,478 worth of Zynga Inc. (NASDAQ:ZNGA). Buckley Jeffrey sold $400,000 worth of Zynga Inc. (NASDAQ:ZNGA) on Wednesday, January 2. On Friday, October 26 the insider PINCUS MARK J sold $1.62M.

Based on the latest 2018Q4 regulatory filing with the SEC, Springbok Capital Management Llc decreased its holdings in Zynga Inc (ZNGA) by 87.65%. The company’s stock rose 44.04% with the market as Springbok Capital Management Llc sold 1.10M shares. The hedge fund is holding 154,380 shares, compared to the 1.25 million from the previous quarter. And the reported value of the edp services company is $607,000 for the 2018Q4. $4.87B is Zynga Inc’s MC. The stock decreased 2.05% or $0.11 during the last trading session, touching $5.25.Currently Zynga Inc. is uptrending after 51.16% change in last April 18, 2018. ZNGA has also 11.23M shares volume. ZNGA outperformed the S&P 500 by 46.79%.

Springbok Capital Management Llc manages about $1.29 billion and $1.49B US Long portfolio. Its stake in Integrated Device Technology (NASDAQ:IDTI) was increased by 295,235 shares to 311,546 shares valued at $15.09 million in 2018Q4, according to the filing. For a total of 70,208 shares it increased its holding in Microsoft Corp (NASDAQ:MSFT) by 67,808 shares in the quarter, and has risen its stake in Spdr S&P 500 Etf Tr (Put) (SPY).

Zynga Inc. (NASDAQ:ZNGA)’s earnings report is expected on May, 1., according to Zacks. Analysts forecast $0.03 EPS, which is $0.02 up or 200.00 % from 2018’s $0.01 EPS. If reported the P/E will be 43.75 with $27.84M profit.

For more Zynga Inc. (NASDAQ:ZNGA) news announced recently go to: Fool.com, Fool.com, Nasdaq.com, Nasdaq.com or Nasdaq.com. The titles are as follows: “3 Surprising Stocks Hitting New Highs Last Week – The Motley Fool” announced on March 19, 2019, “Can Zynga and Glu Mobile Keep Hitting New Highs? – The Motley Fool” on March 25, 2019, “Don’t Watch the Glu Mobile Stock Financials, Watch the Gaming Trends – Nasdaq” with a publish date: April 10, 2019, “ZNGA May 31st Options Begin Trading – Nasdaq” and the last “7 Small-Cap Stocks With Big-Time Potential – Nasdaq” with publication date: March 27, 2019.

Zynga Inc. (NASDAQ:ZNGA) Ratings Coverage

Total analysts of 7 have positions in Zynga (NASDAQ:ZNGA) as follows: 4 rated it a “Buy”, 2 with “Sell” and 1 with “Hold”. The positive are 57%. Since November 1, 2018 according to StockzIntelligence Inc Zynga has 8 analyst reports. On Monday, March 11 Morgan Stanley maintained Zynga Inc. (NASDAQ:ZNGA) with “Buy” rating. On Friday, December 21 the firm has “Outperform” rating by Wedbush given. The stock rating was maintained by Credit Suisse with “Underperform” on Thursday, November 1. On Monday, January 28 the company was upgraded by KeyBanc Capital Markets. On Thursday, November 1 the rating was maintained by Barclays Capital with “Underweight”.

Zynga Inc. (NASDAQ:ZNGA) Institutional Investors Chart

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