Zynga Inc (NASDAQ:ZNGA) insider Jeffrey Miles Ryan sold 36,798 shares of the business’s stock in a transaction on Thursday, June 20th. The stock was sold at an average price of $6.09, for a total value of $224,099.82. Following the completion of the sale, the insider now directly owns 10,667 shares in the company, valued at approximately $64,962.03. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link.

Shares of Zynga stock opened at $6.05 on Monday. The firm has a market cap of $5.66 billion, a PE ratio of 302.50, a P/E/G ratio of 3.20 and a beta of 0.32. The company has a current ratio of 0.71, a quick ratio of 0.71 and a debt-to-equity ratio of 0.01. Zynga Inc has a 12-month low of $3.32 and a 12-month high of $6.55.

Zynga (NASDAQ:ZNGA) last announced its earnings results on Wednesday, May 1st. The company reported ($0.14) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of $0.03 by ($0.17). The company had revenue of $265.00 million for the quarter, compared to analyst estimates of $255.45 million. Zynga had a negative return on equity of 7.09% and a negative net margin of 12.34%. The firm’s revenue for the quarter was up 27.4% on a year-over-year basis. During the same period last year, the firm earned $0.01 earnings per share. Equities research analysts predict that Zynga Inc will post 0.13 EPS for the current fiscal year.

Several institutional investors have recently made changes to their positions in ZNGA. FMR LLC raised its position in shares of Zynga by 6,486,449.1% during the fourth quarter. FMR LLC now owns 15,048,794 shares of the company’s stock worth $59,142,000 after purchasing an additional 15,048,562 shares during the period. Norges Bank purchased a new position in shares of Zynga during the fourth quarter valued at $41,398,000. TimesSquare Capital Management LLC grew its holdings in shares of Zynga by 228.2% during the first quarter. TimesSquare Capital Management LLC now owns 13,256,300 shares of the company’s stock valued at $70,656,000 after buying an additional 9,217,100 shares in the last quarter. Brown Advisory Inc. grew its holdings in shares of Zynga by 1,304.6% during the fourth quarter. Brown Advisory Inc. now owns 6,963,422 shares of the company’s stock valued at $27,367,000 after buying an additional 6,467,661 shares in the last quarter. Finally, Highbridge Capital Management LLC purchased a new position in shares of Zynga during the fourth quarter valued at $19,741,000. 73.37% of the stock is currently owned by institutional investors.

ZNGA has been the topic of a number of research reports. Jefferies Financial Group boosted their price objective on Zynga from $5.75 to $7.00 and gave the stock a “buy” rating in a research note on Thursday, May 2nd. Wedbush set a $8.00 price objective on Zynga and gave the stock a “buy” rating in a research note on Tuesday, May 28th. Barclays raised Zynga to a “hold” rating and set a $6.00 price objective on the stock in a research note on Thursday, May 2nd. BidaskClub downgraded Zynga from a “strong-buy” rating to a “buy” rating in a research note on Wednesday, March 20th. Finally, ValuEngine raised Zynga from a “buy” rating to a “strong-buy” rating in a research note on Thursday, February 28th. One equities research analyst has rated the stock with a sell rating, four have given a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the company. The company has an average rating of “Buy” and a consensus target price of $6.52.

Zynga Company Profile

Zynga Inc develops, markets, and operates social games as live services in the United States and internationally. The company's games are played on mobile platforms, such as Apple iOS and Google's Android operating systems, as well as on social networking sites, such as Facebook. It also provides advertising services comprising mobile and display ads, engagement ads and offers, and branded virtual items and sponsorships to advertising agencies and brokers; and licenses its own brands.

Featured Story: How is net asset value different from market price?

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

Receive News & Ratings for Zynga Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Zynga and related companies with MarketBeat.com's FREE daily email newsletter.