Altice USA, Inc. (ATUS) Trades at $19.50 After Triangle; Shannon River Fund Management Boosted Zynga (ZNGA) Holding By $2.45 Million

Altice USA, Inc. (ATUS) formed triangle with $20.87 target or 7.00% above today’s $19.50 share price. Altice USA, Inc. (ATUS) has $14.37 billion valuation. The stock increased 3.50% or $0.66 during the last trading session, reaching $19.5. About 3.58 million shares traded or 87.90% up from the average. Altice USA, Inc. (NYSE:ATUS) has 0.00% since May 16, 2017 and is . It has underperformed by 11.55% the S&P500.

Shannon River Fund Management Llc increased Zynga Inc (ZNGA) stake by 42.08% reported in 2017Q4 SEC filing. Shannon River Fund Management Llc acquired 817,600 shares as Zynga Inc (ZNGA)’s stock declined 7.50%. The Shannon River Fund Management Llc holds 2.76M shares with $11.04M value, up from 1.94M last quarter. Zynga Inc now has $3.49 billion valuation. The stock increased 1.75% or $0.07 during the last trading session, reaching $4.07. About 19.10 million shares traded or 86.64% up from the average. Zynga Inc. (NASDAQ:ZNGA) has risen 31.67% since May 15, 2017 and is uptrending. It has outperformed by 20.12% the S&P500.

Analysts await Altice USA, Inc. (NYSE:ATUS) to report earnings on July, 26. They expect $-0.08 earnings per share, up 52.94% or $0.09 from last year’s $-0.17 per share. After $-0.16 actual earnings per share reported by Altice USA, Inc. for the previous quarter, Wall Street now forecasts -50.00% EPS growth.

Among 6 analysts covering Altice USA (NYSE:ATUS), 4 have Buy rating, 0 Sell and 2 Hold. Therefore 67% are positive. Altice USA has $38 highest and $25 lowest target. $31.25’s average target is 60.26% above currents $19.5 stock price. Altice USA had 7 analyst reports since June 23, 2017 according to SRatingsIntel. The stock has “Buy” rating by Goldman Sachs on Tuesday, November 7. The stock of Altice USA, Inc. (NYSE:ATUS) has “Outperform” rating given on Tuesday, November 14 by RBC Capital Markets. The rating was initiated by Pivotal Research on Friday, June 23 with “Buy”. Guggenheim downgraded the shares of ATUS in report on Friday, September 15 to “Neutral” rating. Wells Fargo initiated Altice USA, Inc. (NYSE:ATUS) on Wednesday, July 26 with “Market Perform” rating. The firm has “Buy” rating given on Wednesday, December 6 by Pivotal Research. The stock of Altice USA, Inc. (NYSE:ATUS) has “Buy” rating given on Friday, November 10 by Moffett Nathanson.

More recent Zynga Inc. (NASDAQ:ZNGA) news were published by: Finance.Yahoo.com which released: “Get into Zynga Inc Stock Before Its Imminent Breakout” on May 15, 2018. Also Seekingalpha.com published the news titled: “Pincus’ Latest Move Can Improve Zynga’s Long-Term Prosperity” on May 06, 2018. Nasdaq.com‘s news article titled: “Zynga Inc Stock Is More Than Its Founder” with publication date: May 08, 2018 was also an interesting one.

Since January 16, 2018, it had 0 insider buys, and 8 insider sales for $475,798 activity. $71,400 worth of Zynga Inc. (NASDAQ:ZNGA) was sold by Bromberg Matthew S. Siminoff Ellen F sold 12,000 shares worth $44,850. On Wednesday, April 18 Kim Bernard Jin sold $71,400 worth of Zynga Inc. (NASDAQ:ZNGA) or 20,000 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 stock of Zynga Inc. (NASDAQ:ZNGA) earned “Neutral” rating by Goldman Sachs on Monday, August 10. The firm has “Underperform” rating given on Thursday, February 8 by Credit Suisse. Piper Jaffray maintained it with “Buy” rating and $4.2500 target in Thursday, August 3 report. The firm has “Buy” rating by Piper Jaffray given on Tuesday, July 18. The stock of Zynga Inc. (NASDAQ:ZNGA) earned “Hold” rating by KeyBanc Capital Markets on Monday, October 16. The firm has “Hold” rating given on Thursday, August 3 by Canaccord Genuity. The stock of Zynga Inc. (NASDAQ:ZNGA) earned “Buy” rating by Jefferies on Thursday, August 3. The stock has “Buy” rating by Piper Jaffray on Tuesday, May 30. The firm earned “Hold” rating on Sunday, November 5 by Canaccord Genuity. Credit Suisse maintained the shares of ZNGA in report on Friday, August 7 with “Underperform” rating.

Shannon River Fund Management Llc decreased Blackline Inc stake by 197,522 shares to 322,831 valued at $10.59M in 2017Q4. It also reduced Immersion Corp (NASDAQ:IMMR) stake by 111,671 shares and now owns 918,130 shares. Commvault Systems Inc (NASDAQ:CVLT) was reduced too.

Zynga Inc. (NASDAQ:ZNGA) Institutional Positions Chart