Baird Financial Group Inc. has reduced on its stake in Electronic Arts Inc. (NASDAQ:EA) by 13.2% in the fourth quarter of 2016. This is according to the company’s latest Form 13F filing with the Securities and Exchange Commission. Baird Financial Group, an institutional investor owned a total of 2,890 shares in Electronic Arts’ stock after selling off 440 shares. The company reduced its holding to $228,000 as at the most recent reporting time.
In addition to Baird Financial Group, a number of other institutional investors have also changed their stakes in the game software company. Tredje AP fonden owns 61,450 shares Electronic Arts’ stock after increasing its stake by 5.4%. Tredje AP fonden’s stake is valued at $4,840,000 following the purchase of an additional 3,150 shares in the fourth quarter of 2016.
Private Advisor Group LLC increased its stake in the game software company by 15.6% in the last quarter. The company now owns a total of 9,068 shares of Electronic Arts at a surface value of $717,000 after buying an additional 1,227 shares in the fourth quarter.
Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in the game software company by 0.7% in the last quarter bringing its total hold in the company to 17,298 shares valued at $1,362,000 after purchasing an additional 120 shares in the fourth quarter.
State Street Corp raised its stake in Electronic Arts by 2.4% in the last quarter to bring its hold in the company to 11,567,754 shares with a surface value of $911,088,000 after purchasing an additional 272,121 shares in the fourth quarter.
FUKOKU MUTUAL LIFE INSURANCE Co raised its stake in the game software company by 57.1% in the last quarter bringing its total hold in the company to 3,300 shares valued at $260,000 following the purchase of an additional 1,200 shares in the fourth quarter.
On Monday, Electronic Arts Inc opened at 87.24. The company has a 12-month high of $88.28 and a 12-month low of $61.10. Electronic Arts Inc has a market value of $26.89 billion.
