Zynga (NASDAQ:ZNGA) posted its quarterly earnings data on Wednesday. The company reported $0.01 EPS for the quarter, missing the Zacks’ consensus estimate of $0.03 by ($0.02), Briefing.com reports. Zynga had a return on equity of 1.68% and a net margin of 3.09%. The company had revenue of $233.30 million for the quarter, compared to the consensus estimate of $218.64 million. During the same quarter last year, the business earned ($0.04) EPS. Zynga’s revenue was up 22.5% on a year-over-year basis. Zynga updated its Q1 guidance to ($0.01) EPS.

Shares of Zynga (ZNGA) traded down $0.12 on Friday, hitting $3.37. The stock had a trading volume of 6,222,765 shares, compared to its average volume of 14,717,079. Zynga has a one year low of $2.40 and a one year high of $4.34. The company has a market cap of $3,212.30, a price-to-earnings ratio of 112.87, a price-to-earnings-growth ratio of 2.71 and a beta of 0.51.

In related news, Director Ellen F. Siminoff sold 12,000 shares of the firm’s stock in a transaction on Wednesday, January 24th. The stock was sold at an average price of $3.74, for a total transaction of $44,880.00. Following the sale, the director now owns 247,900 shares of the company’s stock, valued at approximately $927,146. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, COO Matthew S. Bromberg sold 50,000 shares of the firm’s stock in a transaction on Wednesday, December 27th. The shares were sold at an average price of $3.95, for a total value of $197,500.00. Following the sale, the chief operating officer now directly owns 294,206 shares in the company, valued at approximately $1,162,113.70. The disclosure for this sale can be found here. In the last quarter, insiders sold 256,000 shares of company stock worth $1,007,560. Corporate insiders own 12.43% of the company’s stock.

An institutional investor recently raised its position in Zynga stock. The Manufacturers Life Insurance Company lifted its position in shares of Zynga Inc (NASDAQ:ZNGA) by 23.2% during the 2nd quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 30,835 shares of the company’s stock after acquiring an additional 5,815 shares during the quarter. The Manufacturers Life Insurance Company ‘s holdings in Zynga were worth $112,000 at the end of the most recent reporting period. Institutional investors and hedge funds own 70.21% of the company’s stock.

A number of equities analysts have commented on ZNGA shares. Cowen restated a “buy” rating and set a $4.50 price objective on shares of Zynga in a research note on Thursday, October 12th. KeyCorp restated a “hold” rating on shares of Zynga in a research note on Tuesday, October 17th. Wedbush set a $5.00 price objective on Zynga and gave the stock a “buy” rating in a research note on Wednesday, October 18th. Zacks Investment Research upgraded Zynga from a “hold” rating to a “strong-buy” rating and set a $4.50 price target on the stock in a research note on Saturday, November 11th. Finally, BidaskClub lowered Zynga from a “buy” rating to a “hold” rating in a research note on Wednesday, December 6th. Two analysts have rated the stock with a sell rating, six have assigned a hold rating and nine have issued a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus target price of $4.19.

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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) 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.

Earnings History for Zynga (NASDAQ:ZNGA)

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