Zynga Inc. (NASDAQ:ZNGA) shares were down 1.8% on Thursday . The stock traded as low as $2.67 and last traded at $2.67, with a volume of 11,101,491 shares trading hands. The stock had previously closed at $2.72.

Several research analysts recently weighed in on ZNGA shares. Jefferies Group reaffirmed a “buy” rating on shares of Zynga in a research note on Monday, July 11th. Wedbush reaffirmed an “outperform” rating and set a $4.25 target price on shares of Zynga in a report on Saturday, May 7th. Cowen and Company raised Zynga from a “market perform” rating to an “outperform” rating and set a $3.50 target price for the company in a report on Wednesday, August 3rd. TheStreet raised Zynga from a “sell” rating to a “hold” rating in a report on Wednesday, July 27th. Finally, Pacific Crest reaffirmed a “hold” rating on shares of Zynga in a report on Friday, August 5th. Two research analysts have rated the stock with a sell rating, eight have assigned a hold rating and four have issued a buy rating to the company’s stock. Zynga currently has an average rating of “Hold” and a consensus target price of $3.07.

The firm has a 50-day moving average of $2.75 and a 200 day moving average of $2.46. The stock’s market cap is $2.34 billion.

In other news, VP Devang Shah sold 18,791 shares of Zynga stock in a transaction on Monday, July 18th. The stock was sold at an average price of $2.83, for a total value of $53,178.53. Following the completion of the sale, the vice president now directly owns 77,799 shares of the company’s stock, valued at approximately $220,171.17. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CFO Michelle Quejado sold 11,275 shares of Zynga stock in a transaction on Monday, May 16th. The shares were sold at an average price of $2.55, for a total value of $28,751.25. Following the completion of the sale, the chief financial officer now directly owns 72,553 shares of the company’s stock, valued at $185,010.15. The disclosure for this sale can be found here.

Other large investors have recently added to or reduced their stakes in the company. Dimensional Fund Advisors LP boosted its stake in Zynga by 15.9% in the fourth quarter. Dimensional Fund Advisors LP now owns 23,824,830 shares of the company’s stock valued at $63,850,000 after buying an additional 3,259,964 shares during the period. State of New Jersey Common Pension Fund D purchased a new stake in Zynga during the fourth quarter valued at approximately $9,112,000. Marshall Wace LLP boosted its stake in Zynga by 5.9% in the fourth quarter. Marshall Wace LLP now owns 724,019 shares of the company’s stock valued at $1,941,000 after buying an additional 40,248 shares during the period. Finally, Rhumbline Advisers boosted its stake in Zynga by 5.3% in the fourth quarter. Rhumbline Advisers now owns 499,836 shares of the company’s stock valued at $1,340,000 after buying an additional 25,220 shares during the period.

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) and Android and social networking sites, such as Facebook. The Company operates through developing and monetizing social games segment.

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