Zynga Inc (ZNGA)

[Trevor11]

ZNGA: APRIL,5TH,2016,OPPENHEIMER,INCREASED,ITS,POSITION,IN,ZNGA



OPPENHEIMERFUNDS INC. ACQUIRES 200,401 SHARES OF ZYNGA INC (ZNGA)

Posted by Taylor Nule on Apr 5th, 2016


OppenheimerFunds Inc. increased its stake in shares of Zynga Inc (NASDAQ:ZNGA) by 3.9% during the fourth quarter, Holdings Channel reports. The firm owned 5,375,664 shares of the company’s stock after buying an additional 200,401 shares during the period. OPPENHEIMERFUNDS INC. OWNED ABOUT 0.58% OF ZYNGA WORTH $14,407,000 AT THE END OF THE MOST RECENT REPORTING PERIOD.

Other hedge funds also recently added to or reduced their stakes in the company.
FIRST TRUST ADVISORS LP BOOSTED ITS STAKE IN ZYNGA by 64.8% in the fourth quarter.
First Trust Advisors LP now owns 8,517,511 shares of the company’s stock worth $22,827,000 after buying an additional 3,350,046 shares during the period.

MAJEDIE ASSET MANAGEMENT LTD BOOSTED ITS POSITION IN ZYNGA by 8.9% in the fourth quarter.
Majedie Asset Management Ltd now owns 1,834,394 shares of the company’s stock worth $4,916,000 after buying an additional 149,780 shares in the last quarter.

RUSSELL FRANK CO BOOSTED ITS POSITION IN ZYNGA by 5.6% in the fourth quarter. Russell Frank Co now owns 2,093,295 shares of the company’s stock worth $5,610,000 after buying an additional 111,100 shares in the last quarter.

RIVER & MERCANTILE ASSET MANAGEMENT BOUGHT A NEW POSITION IN ZYNGA during the fourth quarter worth about $2,476,000.


Finally, CALIFORNIA STATE TEACHERS RETIREMENT SYSTEM BOOSTED ITS POSITION IN ZYNGA by 1.6% in the fourth quarter. California State Teachers Retirement System now owns 1,468,977 shares of the company’s stock worth $3,937,000 after buying an additional 23,163 shares in the last quarter.

Shares of Zynga Inc (NASDAQ:ZNGA) traded up 0.87% during midday trading on Tuesday, hitting $2.31. 11,357,408 shares of the stock were exchanged. The firm has a 50-day moving average price of $2.16 and a 200 day moving average price of $2.38. THE FIRM’S MARKET CAP IS $1.99 BILLION...


Source:

http://www.thevistavoice.org/2016/04/05/oppenheimerfunds-inc-acquires-200401-shares-of-zynga-inc-znga/1026838/