Zynga Inc. (NASDAQ:ZNGA) Director Ellen F. Siminoff sold 12,000 shares of Zynga stock in a transaction that occurred on Wednesday, November 1st. The shares were sold at an average price of $3.86, for a total transaction of $46,320.00. Following the completion of the transaction, the director now directly owns 139,900 shares in the company, valued at approximately $540,014. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website.

Shares of Zynga Inc. (NASDAQ ZNGA) opened at $3.92 on Monday. Zynga Inc. has a fifty-two week low of $2.40 and a fifty-two week high of $4.02.

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A number of institutional investors have recently made changes to their positions in ZNGA. Global X MANAGEMENT CO LLC boosted its stake in shares of Zynga by 16.1% in the 3rd quarter. Global X MANAGEMENT CO LLC now owns 1,028,626 shares of the company’s stock valued at $3,888,000 after purchasing an additional 142,374 shares in the last quarter. American Century Companies Inc. boosted its stake in shares of Zynga by 1.5% in the 3rd quarter. American Century Companies Inc. now owns 9,266,153 shares of the company’s stock valued at $35,026,000 after purchasing an additional 140,368 shares in the last quarter. Westpac Banking Corp boosted its stake in shares of Zynga by 93.4% in the 3rd quarter. Westpac Banking Corp now owns 490,200 shares of the company’s stock valued at $1,853,000 after purchasing an additional 236,800 shares in the last quarter. First Quadrant L P CA boosted its stake in shares of Zynga by 164.3% in the 3rd quarter. First Quadrant L P CA now owns 6,002,422 shares of the company’s stock valued at $22,689,000 after purchasing an additional 3,731,357 shares in the last quarter. Finally, First Trust Advisors LP boosted its stake in shares of Zynga by 14.8% in the 3rd quarter. First Trust Advisors LP now owns 13,188,402 shares of the company’s stock valued at $49,852,000 after purchasing an additional 1,697,862 shares in the last quarter. 69.31% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities analysts recently issued reports on ZNGA shares. BidaskClub raised shares of Zynga from a “hold” rating to a “buy” rating in a research report on Wednesday, August 23rd. Zacks Investment Research raised shares of Zynga from a “hold” rating to a “buy” rating and set a $4.25 target price on the stock in a research report on Thursday, August 10th. Benchmark Co. reaffirmed a “buy” rating and set a $4.35 target price (up previously from $3.65) on shares of Zynga in a research report on Wednesday, August 9th. Piper Jaffray Companies set a $4.00 target price on shares of Zynga and gave the stock a “buy” rating in a research report on Thursday, August 3rd. Finally, Cowen and Company reaffirmed a “buy” rating and set a $4.50 target price on shares of Zynga in a research report on Thursday, October 12th. Six analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The stock presently has an average rating of “Buy” and a consensus price target of $4.09.

About Zynga

Zynga Inc is a provider of social game services. The Company develops, markets and operates social games as live services played on mobile platforms, such as iPhone Operating System (iOS) operating system and Android operating system and social networking sites, such as Facebook. The Company has developed a range of social games, including games in its Slots, Words With Friends, Zynga Poker and FarmVille franchises.

Insider Buying and Selling by Quarter for Zynga (NASDAQ:ZNGA)

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