Cadian Capital Management LP Lifted Its Zynga (ZNGA) Position; Shorts at Technipfmc Plc (FTI) Lowered By 2.53%

February 20, 2018 - By Peter Erickson

Technipfmc Plc (NYSE:FTI) had a decrease of 2.53% in short interest. FTI’s SI was 11.69M shares in February as released by FINRA. Its down 2.53% from 11.99M shares previously. With 3.43M avg volume, 3 days are for Technipfmc Plc (NYSE:FTI)’s short sellers to cover FTI’s short positions. The SI to Technipfmc Plc’s float is 9.89%. The stock decreased 0.68% or $0.2 during the last trading session, reaching $29.41. About 2.89M shares traded. TechnipFMC plc (NYSE:FTI) has 0.00% since February 20, 2017 and is . It has underperformed by 16.70% the S&P500.

Cadian Capital Management Lp increased Zynga Inc (ZNGA) stake by 23.38% reported in 2017Q3 SEC filing. Cadian Capital Management Lp acquired 2.73M shares as Zynga Inc (ZNGA)’s stock rose 28.73%. The Cadian Capital Management Lp holds 14.41 million shares with $54.49 million value, up from 11.68 million last quarter. Zynga Inc now has $3.10 billion valuation. The stock decreased 0.84% or $0.03 during the last trading session, reaching $3.56. About 3.41M shares traded. Zynga Inc. (NASDAQ:ZNGA) has risen 35.83% since February 20, 2017 and is uptrending. It has outperformed by 19.13% the S&P500.

TechnipFMC plc provides technologies, systems, and services for gas and oil projects worldwide. The company has market cap of $13.72 billion. It operates in three divisions: Subsea, Onshore/Offshore, and Surface Projects. It has a 153.98 P/E ratio. The Subsea segment offers products, such as trees, manifolds, controls, templates, flowline systems, umbilicals, and flexibles, as well as subsea processing products.

Among 33 analysts covering FMC Technologies (NYSE:FTI), 18 have Buy rating, 2 Sell and 13 Hold. Therefore 55% are positive. FMC Technologies had 94 analyst reports since July 23, 2015 according to SRatingsIntel. Cowen & Co maintained the stock with “Outperform” rating in Thursday, February 18 report. The stock of TechnipFMC plc (NYSE:FTI) has “Hold” rating given on Monday, February 6 by Jefferies. The stock of TechnipFMC plc (NYSE:FTI) earned “Hold” rating by RBC Capital Markets on Thursday, March 23. National Bank Canada maintained the shares of FTI in report on Thursday, August 6 with “Outperform” rating. The company was upgraded on Thursday, July 23 by Jefferies. The firm earned “Overweight” rating on Thursday, August 25 by CapitalOne. The rating was downgraded by HSBC to “Reduce” on Wednesday, November 15. The stock has “Outperform” rating by Cowen & Co on Thursday, July 23. BMO Capital Markets maintained TechnipFMC plc (NYSE:FTI) rating on Wednesday, October 11. BMO Capital Markets has “Hold” rating and $30.0 target. The stock has “Buy” rating by RBC Capital Markets on Friday, October 6.

Investors sentiment decreased to 0 in 2017 Q3. Its down 0.25, from 0.25 in 2017Q2. It fall, as 0 investors sold TechnipFMC plc shares while 1 reduced holdings. 0 funds opened positions while 0 raised stakes. 314,100 shares or 0.62% less from 316,061 shares in 2017Q2 were reported. Price Michael F holds 250,000 shares or 3.09% of its portfolio. Focused Wealth Mngmt has invested 0% in TechnipFMC plc (NYSE:FTI). Cibc Mkts has invested 0.02% in TechnipFMC plc (NYSE:FTI).

Investors sentiment decreased to 1.17 in Q3 2017. 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. Nomura Inc holds 313,100 shares or 0% of its portfolio. Commerzbank Aktiengesellschaft Fi reported 100,074 shares stake. Tiger Eye Capital Lc has 1.9% invested in Zynga Inc. (NASDAQ:ZNGA) for 3.38 million shares. First Republic Investment Management reported 0% of its portfolio in Zynga Inc. (NASDAQ:ZNGA). Aqr Cap Mgmt Lc owns 0.03% invested in Zynga Inc. (NASDAQ:ZNGA) for 7.52 million shares. Employees Retirement Association Of Colorado has invested 0.01% of its portfolio in Zynga Inc. (NASDAQ:ZNGA). Wellington Mngmt Group Ltd Liability Partnership stated it has 0.01% in Zynga Inc. (NASDAQ:ZNGA). Acg Wealth reported 10,200 shares. Comerica Bank has invested 0.01% in Zynga Inc. (NASDAQ:ZNGA). Citigroup has invested 0% in Zynga Inc. (NASDAQ:ZNGA). Shannon River Fund Ltd Liability Corp invested 2.4% in Zynga Inc. (NASDAQ:ZNGA). The New York-based G2 Inv Prtn Management Lc has invested 0.09% in Zynga Inc. (NASDAQ:ZNGA). Stelliam Ltd Partnership invested in 13.82 million shares. Mark Asset Mngmt stated it has 743,954 shares. Rhumbline Advisers owns 714,111 shares.

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 rating was upgraded by Bank of America on Friday, May 5 to “Neutral”. The rating was initiated by Oppenheimer on Thursday, November 12 with “Perform”. The firm earned “Hold” rating on Friday, August 7 by Robert W. Baird. As per Friday, June 2, the company rating was maintained by Cowen & Co. Canaccord Genuity maintained the stock with “Hold” rating in Sunday, November 5 report. The firm has “Buy” rating by Piper Jaffray given on Tuesday, July 18. As per Thursday, August 3, the company rating was maintained by Canaccord Genuity. The company was maintained on Thursday, September 14 by Piper Jaffray. The firm has “Equal Weight” rating by Pacific Crest given on Monday, August 10. The stock has “Buy” rating by Benchmark on Tuesday, February 9.

Since September 1, 2017, it had 0 insider purchases, and 5 insider sales for $292,370 activity. Shares for $45,480 were sold by Siminoff Ellen F on Monday, October 2. $78,400 worth of Zynga Inc. (NASDAQ:ZNGA) was sold by Bromberg Matthew S. Shares for $78,400 were sold by Kim Bernard Jin.

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