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Miura Global Management Has Cut Its Holding in Zynga (ZNGA) by $11.25 Million; International Business Machine (IBM) Holder Shelter Mutual Insurance Co Has Cut Its Position by $899,000

Pasco Alfaro / Richard Tumure decreased its stake in Zynga Inc (ZNGA) by 57.69% based on its latest 2017Q3 regulatory filing with the SEC. Miura Global Management Llc sold 3.75M shares as the company’s stock rose 28.73% with the market. The hedge fund run by Pasco Alfaro / Richard Tumure held 2.75 million shares of the edp services company at the end of 2017Q3, valued at $10.40 million, down from 6.50 million at the end of the previous reported quarter. Miura Global Management Llc who had been investing in Zynga Inc for a number of months, seems to be less bullish one the $3.03B market cap company. The stock increased 1.01% or $0.035 during the last trading session, reaching $3.485. About 4.96 million shares traded. Zynga Inc. (NASDAQ:ZNGA) has risen 35.83% since February 14, 2017 and is uptrending. It has outperformed by 19.13% the S&P500.

Shelter Mutual Insurance Co decreased its stake in International Business Machine (IBM) by 8.58% based on its latest 2017Q3 regulatory filing with the SEC. Shelter Mutual Insurance Co sold 6,200 shares as the company’s stock declined 15.88% while stock markets rallied. The institutional investor held 66,100 shares of the computer manufacturing company at the end of 2017Q3, valued at $9.59M, down from 72,300 at the end of the previous reported quarter. Shelter Mutual Insurance Co who had been investing in International Business Machine for a number of months, seems to be less bullish one the $141.04B market cap company. The stock increased 1.06% or $1.6 during the last trading session, reaching $152.35. About 924,951 shares traded. International Business Machines Corporation (NYSE:IBM) has risen 4.86% since February 14, 2017 and is uptrending. It has underperformed by 11.84% the S&P500.

Since September 1, 2017, it had 0 insider buys, and 5 selling transactions for $292,370 activity. $78,400 worth of Zynga Inc. (NASDAQ:ZNGA) shares were sold by Kim Bernard Jin. Shares for $78,400 were sold by Bromberg Matthew S on Tuesday, January 16.

Investors sentiment decreased to 1.17 in 2017 Q3. Its down 0.48, from 1.65 in 2017Q2. It turned negative, as 25 investors sold ZNGA shares while 61 reduced holdings. 37 funds opened positions while 64 raised stakes. 579.86 million shares or 4.13% more from 556.87 million shares in 2017Q2 were reported. 3.53M are owned by Maplelane Ltd. Meeder Asset stated it has 0% of its portfolio in Zynga Inc. (NASDAQ:ZNGA). Nomura Holding owns 0% invested in Zynga Inc. (NASDAQ:ZNGA) for 313,100 shares. Bb&T owns 10,200 shares for 0% of their portfolio. State Board Of Administration Of Florida Retirement reported 932,974 shares or 0.01% of all its holdings. Rhumbline Advisers reported 0.01% stake. Tower Rech Limited Liability Co (Trc) owns 33,054 shares or 0.01% of their US portfolio. 17,425 were reported by Sterling Mgmt Lc. Parametric Port Limited Liability Com owns 0.01% invested in Zynga Inc. (NASDAQ:ZNGA) for 1.81M shares. 409,004 are owned by Putnam Invests Ltd Liability. Colorado-based Centurylink Invest Mgmt has invested 0.3% in Zynga Inc. (NASDAQ:ZNGA). Quantbot Technology LP reported 92,800 shares. Zurcher Kantonalbank (Zurich Cantonalbank) accumulated 25,827 shares. Menta Cap Ltd Co owns 426,345 shares or 0.24% of their US portfolio. Ibm Retirement Fund stated it has 0.01% in Zynga Inc. (NASDAQ:ZNGA).

Among 17 analysts covering Zynga (NASDAQ:ZNGA), 9 have Buy rating, 1 Sell and 7 Hold. Therefore 53% are positive. Zynga had 43 analyst reports since August 7, 2015 according to SRatingsIntel. The stock of Zynga Inc. (NASDAQ:ZNGA) earned “Buy” rating by Piper Jaffray on Tuesday, May 30. The stock of Zynga Inc. (NASDAQ:ZNGA) has “Neutral” rating given on Monday, August 10 by Goldman Sachs. The firm earned “Overweight” rating on Tuesday, May 30 by PiperJaffray. Cowen & Co maintained the stock with “Buy” rating in Friday, June 23 report. Canaccord Genuity maintained it with “Hold” rating and $3.5 target in Thursday, August 3 report. The rating was maintained by Jefferies on Sunday, February 11 with “Buy”. Mizuho initiated the shares of ZNGA in report on Friday, December 23 with “Buy” rating. Canaccord Genuity maintained the stock with “Hold” rating in Tuesday, September 5 report. Piper Jaffray maintained it with “Buy” rating and $400 target in Tuesday, July 18 report. The firm has “Equal Weight” rating given on Monday, August 10 by Morgan Stanley.

Among 33 analysts covering International Business Machines (NYSE:IBM), 13 have Buy rating, 4 Sell and 16 Hold. Therefore 39% are positive. International Business Machines had 123 analyst reports since July 21, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Wednesday, July 19 by Bank of America. The rating was maintained by Jefferies with “Sell” on Wednesday, September 20. S&P Research maintained the shares of IBM in report on Wednesday, October 21 with “Buy” rating. RBC Capital Markets maintained it with “Sector Perform” rating and $145 target in Monday, January 18 report. The rating was maintained by Morgan Stanley on Wednesday, July 19 with “Buy”. The stock of International Business Machines Corporation (NYSE:IBM) earned “Buy” rating by Drexel Hamilton on Tuesday, April 19. The stock of International Business Machines Corporation (NYSE:IBM) earned “Sector Perform” rating by RBC Capital Markets on Monday, October 5. The firm has “Market Outperform” rating given on Tuesday, July 19 by JMP Securities. As per Tuesday, July 19, the company rating was maintained by Barclays Capital. On Tuesday, July 19 the stock rating was maintained by Citigroup with “Neutral”.

Shelter Mutual Insurance Co, which manages about $320.56M US Long portfolio, upped its stake in Teva Pharmaceutical Industries Ltd (NYSE:TEVA) by 36,400 shares to 40,400 shares, valued at $711,000 in 2017Q3, according to the filing.

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