Zynga (ZNGA) Sees Interesting 13-F Activity in Q1 - Analyst

May 18, 2021 11:18 AM EDT
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Big bank 13-F activity in Zynga (NASDAQ: ZNGA) in the first quarter was flagged by Gordon Haskett analyst Don Bilson.

Bilson notes Nomura added 1.36 million shares, while Morgan Stanley added 2 million shares. In addition, Goldman Sachs added 1.45 million shares and BNP Paribas added 4.3 million shares.

The analyst reminds investors that Zynga was seen as a sympathy play after Electronic Arts bought Glu Mobile in February. He thinks the Q1 buying and the EA deal could be related.

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