Company profile

Ticker
ZNGA
Exchange
Website
CEO
Frank D. Gibeau
Employees
Incorporated
Location
Fiscal year end
Former names
ZYNGA GAME NETWORK INC
SEC CIK

ZNGA stock data

(
)

Investment data

Data from SEC filings
Securities sold
Number of investors

Calendar

5 Nov 20
3 Dec 20
31 Dec 20

News

Quarter (USD) Sep 20 Jun 20 Mar 20 Sep 19
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS
Annual (USD) Dec 19 Dec 18 Dec 17 Dec 16
Revenue
Cost of revenue
Operating income
Operating margin
Net income
Net profit margin
Cash on hand
Change in cash
Diluted EPS

Financial data from Zynga Inc - earnings reports.

Date Owner Security Transaction Code 10b5-1 $Price #Shares $Value #Remaining
19 Nov 20 Dugan Regina E Class A Common Stock Option exercise Aquire M No 0 6,219 0 253,119
19 Nov 20 Dugan Regina E RSU Class A Common Stock Option exercise Dispose M No 0 6,219 0 12,438
19 Nov 20 Gordon William B Class A Common Stock Option exercise Aquire M No 0 6,219 0 1,219,897
19 Nov 20 Gordon William B RSU Class A Common Stock Option exercise Dispose M No 0 6,219 0 12,438
19 Nov 20 Lavigne Louis J JR Class A Common Stock Option exercise Aquire M No 0 6,219 0 28,857
19 Nov 20 Lavigne Louis J JR RSU Class A Common Stock Option exercise Dispose M No 0 6,219 0 12,438
19 Nov 20 Mills Carol Class A Common Stock Option exercise Aquire M No 0 6,219 0 199,245
19 Nov 20 Mills Carol RSU Class A Common Stock Option exercise Dispose M No 0 6,219 0 12,438
19 Nov 20 Mark J Pincus Class A Common Stock Option exercise Aquire M No 0 6,219 0 3,462,944
19 Nov 20 Mark J Pincus RSU Class A Common Stock Option exercise Dispose M No 0 6,219 0 12,438
74.9% owned by funds/institutions
13F holders
Current Prev Q Change
Total holders 419 429 -2.3%
Opened positions 69 101 -31.7%
Closed positions 79 67 +17.9%
Increased positions 152 156 -2.6%
Reduced positions 128 122 +4.9%
13F shares
Current Prev Q Change
Total value 17.43B 33.59B -48.1%
Total shares 807.96M 747M +8.2%
Total puts 4.2M 2.37M +77.3%
Total calls 10.89M 9.01M +20.9%
Total put/call ratio 0.4 0.3 +46.7%
Largest owners
Shares Value Change
Vanguard 94.67M $863.39M +8.9%
Artisan Partners Limited Partnership 70.09M $639.21M +8.8%
TROW T. Rowe Price 60.23M $549.28M +30.0%
BLK Blackrock 48.67M $443.9M -2.4%
GS Goldman Sachs 34.08M $310.84M +16.0%
Wellington Management 29.1M $265.4M +337.6%
William Blair Investment Management 25.28M $230.59M -1.9%
IVZ Invesco 22.46M $204.79M -5.4%
Brown Advisory 19.82M $180.72M +3.5%
Cadian Capital Management 18.5M $168.72M +56.1%
Largest transactions
Shares Bought/sold Change
Wellington Management 29.1M +22.45M +337.6%
TROW T. Rowe Price 60.23M +13.91M +30.0%
Renaissance Technologies 5.48M -11.87M -68.4%
BEN Franklin Resources 12.19M +8.79M +258.2%
Arrowstreet Capital, Limited Partnership 12.28M +8.38M +214.7%
Vanguard 94.67M +7.72M +8.9%
Cadian Capital Management 18.5M +6.65M +56.1%
Ajo 5.12M -5.71M -52.7%
Artisan Partners Limited Partnership 70.09M +5.68M +8.8%
American Century Companies 11.71M +5.41M +85.8%

Financial report summary

?
Risks
  • Our industry is intensely competitive and subject to rapid changes. If consumers prefer our competitors’ products or services over our own, our operating results could suffer.
  • (*) We rely on third-party platforms such as the Apple App Store and the Google Play Store to distribute our games and collect revenue. If we are unable to maintain a good relationship with such platform providers, if their terms and conditions or pricing changed to our detriment, if we violate, or if a platform provider believes that we have violated, the terms and conditions of its platform, or if any of these platforms loses market share or falls out of favor or is unavailable for a prolonged period of time, our business will suffer.
  • (*) We rely on third-party hosting and cloud computing providers, like Amazon Web Services (“AWS”), to operate certain aspects of our business. A significant portion of our game traffic is hosted by a single vendor, and any failure, disruption or significant interruption in our network or hosting and cloud services could adversely impact our operations and harm our business.
  • (*) Our business will suffer if we are unable to successfully acquire or integrate acquired companies into our business or otherwise manage the growth associated with multiple acquisitions.
  • (*) We rely on a small portion of our total players for a substantial amount of our revenue and if we fail to grow our player base, or if player engagement declines, revenue, bookings and operating results will be harmed.
  • The value of our virtual items is highly dependent on how we manage the economies in our games. If we fail to manage our game economies properly, our business may suffer.
  • (*) Cybersecurity attacks, including breaches, computer viruses and computer hacking attacks could harm our business, financial condition, results of operations or reputation.
  • We are subject to laws and regulations concerning privacy, information security, data protection, consumer protection and protection of minors, and these laws and regulations are continually evolving. Our actual or perceived failure to comply with these laws and regulations could harm our business.
  • Our revenue may be harmed by the proliferation of “cheating” programs and scam offers that seek to exploit our games and players, which may negatively affect game-playing experience and our ability to reliably validate our audience metric reporting and may lead players to stop playing our games.
  • Some of our players may make sales or purchases of virtual items used in our games through unauthorized or fraudulent third-party websites, which may reduce our revenue.
  • If we do not successfully invest in, establish and maintain awareness of our brand and games, if we incur excessive expenses promoting and maintaining our brand or our games, or if our games contain defects or objectionable content, our business, financial condition, results of operations or reputation could be harmed.
  • (*) We derive a significant portion of our revenues from advertisements and offers that are incorporated into our free-to-play games through relationships with third parties. If we are unable to continue to compete for these advertisements and offers, or if any events occur that negatively impact our relationships with advertisers, our advertising revenues and operating results would be negatively impacted.
  • We have a history of net losses and our revenue, bookings and operating margins may decline. We also may incur substantial net losses in the future and may not sustain profitability.
  • (*) Our business and growth may suffer if we fail to attract, retain and motivate key personnel.
  • Our core values of focusing on our players and acting for the long-term may conflict with the short-term expectations of analysts.
  • If the use of mobile devices as game platforms and the proliferation of mobile devices generally do not increase, our business could be adversely affected.
  • Failure to protect or enforce our intellectual property rights or the costs involved in such enforcement could harm our business, financial condition or results of operations.
  • We are, and may in the future be, subject to intellectual property disputes, which are costly to defend and could require us to pay significant damages and could limit our ability to use certain technologies in the future.
  • The exit by the United Kingdom from the European Union could harm our business, financial condition or results of operations.
  • (*) We may have exposure to greater than anticipated tax liabilities.
  • (*) We may require additional capital to meet our financial obligations and support business growth, and this capital might not be available on acceptable terms or at all.
  • Provisions in the Indenture for the Notes may deter or prevent a business combination that may be favorable to you.
  • We are subject to counterparty risk with respect to the capped call transactions.
  • (*) Our investment portfolio may become impaired by deterioration of the financial markets.
  • (*) The occurrence of an earthquake, other natural disaster or other significant business interruption at or near any of our facilities could cause damage to our facilities and equipment and interfere with our operations.
  • The capped call transactions may affect the price of our Class A common stock.
  • Our Class A common stock price may be volatile due to third-party data regarding our games.
Management Discussion
  • ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS
  • We continue to remain focused on monitoring and assessing the COVID-19 pandemic including prioritizing the interests of our employees and players. The impact of the COVID-19 pandemic on our operations began to materialize towards the end of the first quarter of 2020. Specifically, beginning in late March, as more individuals throughout the world sheltered-in-place, we began experiencing higher levels of player engagement in our games from current, lapsed and new players, as well as a decline in advertising prices across the industry. As shelter-in-place restrictions began softening in certain areas around the world in the second quarter of 2020, our Mobile DAUs started to return to levels more consistent with prior periods.
  • Additionally, in mid-March, our global workforce transitioned to remote working as we closed our offices, without any material disruption to our day-to-day operations. Our global offices largely continue to remain closed, with our global studios predominately operating remotely while we continue to assess the impact of the COVID-19 pandemic on the health and safety of our employees.
Content analysis ?
Positive
Negative
Uncertain
Constraining
Legalese
Litigous
Readability
H.S. senior Good
New words: accretion, AppLovin, approved, awaiting, burdensome, Christopher, CJEU, collapse, commensurate, curfew, dictate, entrance, flu, instrument, judicial, Justice, mechanic, migrating, predominately, proceed, puzzle, Rosiak, Shield, stamp, submitted, Subtopic, Teknoloji, unregistered, vacated, weather, winter
Removed: Buckley, exploring, flat, Goldman, Jeffrey, LLC, Machine, Morgan, Stanley, Zone