GuruFocus Premium Membership

Serving Intelligent Investors Since 2004

Try It 100% FREE for 7 Days!

Free 7-day Trial
All Articles and Columns »

Morning Coffee: Cohen Doubles Down on Zynga

March 28, 2014 | About:
Chris Mydlo

Chris Mydlo


Steven Cohen of SAC Capital increased his Zynga Inc. (ZNGA) position by 145.56%. His total position is now 38,694,391 shares, 5.3% of the outstanding shares. Zynga develops, markets and operates online social games as live services played on the internet, social networking sites and mobile platforms in the U.S. and internationally. The stock is held by seven gurus we follow.

Market Cap: 3.92B, P/E: N/A

Business Predictability: Not Rates, Financial Strength: 7/10, Profitability & Growth: 4/10


Cohen also added a new position in Midstates Petroleum (MPO). He purchased 3.55 million shares representing 5% of the shares outstanding. Midstates Petroleum is engaged in the exploration, development and production of oil, natural gas liquids and natural gas in the U.S. It is owned by one other Guru we follow. Chuck Royce (Trades, Portfolio) has a smaller position of 36,300 shares, 0.05% of outstanding shares.

Market Cap: 355.63M, P/E: N/A

Business Predictability: Not Rated, Financial Strength: 5/10, Profitability & Growth: 5/10


Click here to see other real-time guru trades.

Rating: 3.0/5 (3 votes)



Please leave your comment:

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial