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Seatown Holdings Has Increased Amazon Com (AMZN) Position; As Zynga (ZNGA) Valuation Declined, Cadian Capital Management LP Decreased Its Stake by $26.54 Million

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Eric Bannasch decreased its stake in Zynga Inc (ZNGA) by 46.03% based on its latest 2017Q4 regulatory filing with the SEC. Cadian Capital Management Lp sold 6.63M shares as the company’s stock declined 7.50% with the market. The hedge fund run by Eric Bannasch held 7.78M shares of the edp services company at the end of 2017Q4, valued at $31.12 million, down from 14.41 million at the end of the previous reported quarter. Cadian Capital Management Lp who had been investing in Zynga Inc for a number of months, seems to be less bullish one the $3.54B market cap company. The stock decreased 0.12% or $0.01 during the last trading session, reaching $4.12. About 2.79 million shares traded. Zynga Inc. (NASDAQ:ZNGA) has risen 31.67% since May 24, 2017 and is uptrending. It has outperformed by 20.12% the S&P500.

Seatown Holdings increased its stake in Amazon Com Inc (AMZN) by 34% based on its latest 2017Q4 regulatory filing with the SEC. Seatown Holdings bought 15,905 shares as the company’s stock rose 28.13% while stock markets declined. The institutional investor held 62,683 shares of the consumer services company at the end of 2017Q4, valued at $73.31M, up from 46,778 at the end of the previous reported quarter. Seatown Holdings who had been investing in Amazon Com Inc for a number of months, seems to be bullish on the $777.55 billion market cap company. The stock increased 0.04% or $0.58 during the last trading session, reaching $1602.44. About 1.92 million shares traded. Amazon.com, Inc. (NASDAQ:AMZN) has risen 76.78% since May 24, 2017 and is uptrending. It has outperformed by 65.23% the S&P500.

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 company was maintained on Friday, August 7 by Robert W. Baird. The firm has “Buy” rating given on Tuesday, May 30 by Canaccord Genuity. The firm has “Overweight” rating given on Tuesday, May 30 by PiperJaffray. The firm earned “Neutral” rating on Friday, May 5 by Bank of America. The company was maintained on Monday, October 16 by KeyBanc Capital Markets. Canaccord Genuity maintained Zynga Inc. (NASDAQ:ZNGA) rating on Sunday, November 5. Canaccord Genuity has “Hold” rating and $3.5 target. The firm has “Equal Weight” rating given on Monday, August 10 by Pacific Crest. The stock of Zynga Inc. (NASDAQ:ZNGA) earned “Buy” rating by Cowen & Co on Friday, June 2. The stock has “Buy” rating by Piper Jaffray on Tuesday, May 30. The rating was maintained by Piper Jaffray on Thursday, August 3 with “Buy”.

More news for Zynga Inc. (NASDAQ:ZNGA) were recently published by: Seekingalpha.com, which released: “Zynga: Forever Undervalued” on May 17, 2018. 247Wallst.com‘s article titled: “Why Zynga’s Turnaround Could Come With Almost 50% Upside” and published on May 16, 2018 is yet another important article.

Since January 16, 2018, it had 0 insider buys, and 8 insider sales for $475,798 activity. 20,000 shares valued at $71,400 were sold by Bromberg Matthew S on Wednesday, April 18. Another trade for 20,000 shares valued at $78,400 was made by Kim Bernard Jin on Tuesday, January 16.

Cadian Capital Management Lp, which manages about $5.56 billion and $1.64B US Long portfolio, upped its stake in Alphabet Inc by 4,209 shares to 45,164 shares, valued at $47.58M in 2017Q4, according to the filing. It also increased its holding in Portola Pharmaceuticals Inc (NASDAQ:PTLA) by 357,700 shares in the quarter, for a total of 1.52M shares, and has risen its stake in Nanostring Technologies Inc (NASDAQ:NSTG).

Investors sentiment increased to 1.38 in 2017 Q4. Its up 0.21, from 1.17 in 2017Q3. It is positive, as 27 investors sold ZNGA shares while 54 reduced holdings. 40 funds opened positions while 72 raised stakes. 587.93 million shares or 1.39% more from 579.86 million shares in 2017Q3 were reported. First Republic Investment Mngmt owns 12,502 shares or 0% of their US portfolio. Boothbay Fund Mgmt Ltd Liability holds 41,150 shares. Moreover, D E Shaw And has 0.11% invested in Zynga Inc. (NASDAQ:ZNGA) for 19.33M shares. Jacobs Levy Equity Mngmt holds 6.32M shares. Contour Asset Mgmt Ltd stated it has 20.67M shares or 4.59% of all its holdings. Stone Ridge Asset Mgmt Lc holds 245,105 shares. The California-based Miracle Mile Ltd Limited Liability Company has invested 0.01% in Zynga Inc. (NASDAQ:ZNGA). Shannon River Fund has 2.76M shares. G2 Investment Ptnrs Management Ltd Liability invested in 89,900 shares. Moreover, Aspen Invest Mgmt has 0.03% invested in Zynga Inc. (NASDAQ:ZNGA) for 10,000 shares. 87,247 are held by Susquehanna Grp Llp. Meeder Asset invested 0% of its portfolio in Zynga Inc. (NASDAQ:ZNGA). New York State Common Retirement Fund owns 3.33M shares. Alliancebernstein Ltd Partnership has invested 0% in Zynga Inc. (NASDAQ:ZNGA). Utd Financial Advisers Limited Liability Corp has invested 0% of its portfolio in Zynga Inc. (NASDAQ:ZNGA).

Among 55 analysts covering Amazon.com (NASDAQ:AMZN), 52 have Buy rating, 0 Sell and 3 Hold. Therefore 95% are positive. Amazon.com had 302 analyst reports since July 21, 2015 according to SRatingsIntel. Morgan Stanley maintained Amazon.com, Inc. (NASDAQ:AMZN) rating on Friday, July 28. Morgan Stanley has “Buy” rating and $120000 target. Credit Suisse maintained Amazon.com, Inc. (NASDAQ:AMZN) on Monday, January 8 with “Buy” rating. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Hold” rating given on Friday, October 23 by Canaccord Genuity. Oppenheimer maintained it with “Outperform” rating and $700 target in Friday, January 29 report. As per Friday, July 24, the company rating was maintained by Cantor Fitzgerald. Cowen & Co maintained the stock with “Buy” rating in Monday, June 19 report. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Buy” rating given on Friday, March 9 by Evercore. As per Friday, February 2, the company rating was maintained by Bank of America. The stock of Amazon.com, Inc. (NASDAQ:AMZN) has “Buy” rating given on Monday, June 12 by Piper Jaffray. As per Monday, January 18, the company rating was initiated by Susquehanna.

More notable recent Amazon.com, Inc. (NASDAQ:AMZN) news were published by: Seekingalpha.com which released: “The Proof That Amazon Is Undervalued” on May 23, 2018, also Livetradingnews.com with their article: “Amazon.com, Inc. (NASDAQ:AMZN) Stock Consolidating” published on May 22, 2018, Seekingalpha.com published: “Netflix: Options Action!” on May 24, 2018. More interesting news about Amazon.com, Inc. (NASDAQ:AMZN) were released by: Investorplace.com and their article: “20 Stocks Hedge Fund Managers Are Buying In Bulk” published on May 23, 2018 as well as Nasdaq.com‘s news article titled: “5 Niche Tech ETFs Hitting All-Time Highs” with publication date: May 24, 2018.

Since December 7, 2017, it had 0 insider buys, and 21 insider sales for $64.49 million activity. Zapolsky David sold $3.03M worth of stock or 1,927 shares. 1,726 shares were sold by Jassy Andrew R, worth $2.72 million on Tuesday, May 15. Shares for $3.22M were sold by Olsavsky Brian T on Tuesday, May 15. $947,950 worth of Amazon.com, Inc. (NASDAQ:AMZN) was sold by WILKE JEFFREY A. ALBERG TOM A sold $1.01 million worth of stock. Another trade for 12,666 shares valued at $18.50M was sold by Blackburn Jeffrey M.

Zynga Inc. (NASDAQ:ZNGA) Institutional Positions Chart

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