Quantum Capital Management Has Increased Zynga INC (ZNGA) Holding by $3.88 Million as Valuation Declined

May 16, 2018 - By Migdalia James

Investors sentiment increased to 1.38 in Q4 2017. Its up 0.21, from 1.17 in 2017Q3. It improved, as 27 investors sold ZNGA 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. 4.24 million are owned by Point72 Asset Management Lp. Ww Asset stated it has 28,071 shares or 0% of all its holdings. Mark Asset Mngmt Corp reported 0.58% stake. 112,034 were reported by Commerzbank Aktiengesellschaft Fi. State Board Of Administration Of Florida Retirement has 932,974 shares. Northern Tru reported 0% in Zynga Inc. (NASDAQ:ZNGA). 13,655 were accumulated by Timber Hill Ltd Liability Co. Aspen Investment Mgmt holds 10,000 shares or 0.03% of its portfolio. Bluemountain Cap Ltd Co owns 0.03% invested in Zynga Inc. (NASDAQ:ZNGA) for 352,104 shares. Great West Life Assurance Can invested 0% in Zynga Inc. (NASDAQ:ZNGA). Comerica Bancorporation holds 0.01% or 297,745 shares in its portfolio. Pictet Asset Mgmt owns 8.62M shares. Menta Cap Limited Liability Co holds 340,400 shares. Moreover, J Goldman And LP has 0.33% invested in Zynga Inc. (NASDAQ:ZNGA) for 1.52M shares. Fincl Bank Of America Corporation De has 356,285 shares for 0% of their portfolio.

Since January 16, 2018, it had 0 buys, and 8 sales for $475,798 activity. Shares for $43,472 were sold by Siminoff Ellen F on Monday, February 26. Kim Bernard Jin also sold $78,400 worth of Zynga Inc. (NASDAQ:ZNGA) on Tuesday, January 16.

Quantum Capital Management increased its stake in Zynga Inc (ZNGA) by 66.41% based on its latest 2017Q4 regulatory filing with the SEC. Quantum Capital Management bought 970,073 shares as the company’s stock declined 7.50% with the market. The institutional investor held 2.43 million shares of the edp services company at the end of 2017Q4, valued at $9.72 million, up from 1.46 million at the end of the previous reported quarter. Quantum Capital Management who had been investing in Zynga Inc for a number of months, seems to be bullish on the $3.49B market cap company. It closed at $4.07 lastly. It is up 31.67% since May 16, 2017 and is uptrending. It has outperformed by 20.12% the S&P500.

More notable recent Zynga Inc. (NASDAQ:ZNGA) news were published by: Seekingalpha.com which released: “Pincus’ Latest Move Can Improve Zynga’s Long-Term Prosperity” on May 06, 2018, also Nasdaq.com with their article: “Zynga Inc Stock Is More Than Its Founder” published on May 08, 2018, 247Wallst.com published: “Why Zynga’s Turnaround Could Come With Almost 50% Upside” on May 16, 2018. More interesting news about Zynga Inc. (NASDAQ:ZNGA) were released by: Nasdaq.com and their article: “Research Report Identifies Monster Beverage, Infinera, Zynga, Calithera Biosciences, Marathon Oil, and National …” published on May 16, 2018 as well as Streetinsider.com‘s news article titled: “Omega’s 13F Shows Increase in Ocwen (OCN), Synchrony (SYF), United (UAL), Exits Zynga (ZNGA) (More…)” with publication date: May 15, 2018.

Zynga Inc. (NASDAQ:ZNGA) Ratings Coverage

Among 5 analysts covering Zynga (NASDAQ:ZNGA), 4 have Buy rating, 1 Sell and 0 Hold. Therefore 80% are positive. Zynga had 5 analyst reports since December 8, 2017 according to SRatingsIntel. The stock of Zynga Inc. (NASDAQ:ZNGA) has “Buy” rating given on Friday, December 8 by Cowen & Co. The firm has “Buy” rating by Jefferies given on Sunday, February 11. Wedbush maintained Zynga Inc. (NASDAQ:ZNGA) on Thursday, February 8 with “Buy” rating. The rating was maintained by Credit Suisse with “Underperform” on Thursday, February 8.

Zynga Inc. (NASDAQ:ZNGA) Institutional Positions Chart

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