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Vinva Investment Management Ltd Acquires 81,803 Shares of Electronic Arts Inc. $EA
Vinva Investment Management Ltd significantly increased its stake in Electronic Arts (NASDAQ:EA) by 89.8%, acquiring 81,803 additional shares to hold a total of 172,909 shares valued at $34.94 million. Electronic Arts has also announced a quarterly dividend of $0.19 per share, payable on March 18th to shareholders of record by February 25th. Despite institutional buying, company insiders, including CEO Andrew Wilson and Laura Miele, sold 27,600 shares worth approximately $5.59 million during the last quarter.