Zynga Inc. (NASDAQ:ZNGA) CFO Michelle Quejado sold 5,981 shares of the stock in a transaction that occurred on Friday, September 16th. The shares were sold at an average price of $2.89, for a total transaction of $17,285.09. The transaction was disclosed in a filing with the SEC, which is available through this link.

Shares of Zynga Inc. (NASDAQ:ZNGA) opened at 2.86 on Tuesday. Zynga Inc. has a one year low of $1.78 and a one year high of $3.02. The firm’s market capitalization is $2.52 billion. The company’s 50 day moving average is $2.76 and its 200-day moving average is $2.57.

A number of institutional investors have recently added to or reduced their stakes in ZNGA. Moors & Cabot Inc. boosted its position in Zynga by 0.4% in the second quarter. Moors & Cabot Inc. now owns 124,050 shares of the company’s stock worth $307,000 after buying an additional 500 shares in the last quarter. Utah Retirement Systems raised its stake in Zynga by 0.6% in the second quarter. Utah Retirement Systems now owns 132,388 shares of the company’s stock worth $329,000 after buying an additional 800 shares during the last quarter. Public Employees Retirement System of Ohio raised its stake in Zynga by 0.7% in the second quarter. Public Employees Retirement System of Ohio now owns 143,765 shares of the company’s stock worth $358,000 after buying an additional 973 shares during the last quarter. Penserra Capital Management LLC raised its stake in Zynga by 3.5% in the second quarter. Penserra Capital Management LLC now owns 49,442 shares of the company’s stock worth $123,000 after buying an additional 1,656 shares during the last quarter. Finally, Principal Financial Group Inc. raised its stake in Zynga by 2.5% in the second quarter. Principal Financial Group Inc. now owns 113,942 shares of the company’s stock worth $284,000 after buying an additional 2,793 shares during the last quarter. Institutional investors and hedge funds own 59.36% of the company’s stock.

Several research firms have recently commented on ZNGA. Robert W. Baird reissued a “neutral” rating and set a $3.00 price target on shares of Zynga in a research note on Saturday, August 6th. TheStreet raised shares of Zynga from a “sell” rating to a “hold” rating in a research note on Wednesday, July 27th. Pacific Crest reissued a “hold” rating on shares of Zynga in a research note on Friday, August 5th. FBR & Co reissued an “outperform” rating and set a $4.25 price target on shares of Zynga in a research note on Tuesday, September 13th. Finally, Jefferies Group reissued a “buy” rating on shares of Zynga in a research note on Monday, July 11th. Two investment analysts have rated the stock with a sell rating, eight have given a hold rating and five have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $3.17.

Zynga Company Profile

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.

5 Day Chart for NASDAQ:ZNGA

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