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KLP Kapitalforvaltning AS Purchases 7,000 Shares of Electronic Arts Inc. $EA
KLP Kapitalforvaltning AS increased its stake in Electronic Arts (NASDAQ:EA) by 7.9% in Q4, acquiring an additional 7,000 shares, bringing its total holdings to 95,533 shares valued at approximately $19.52 million. This increase in institutional ownership contrasts with recent insider selling, where insiders disposed of 27,600 shares worth $5.54 million over the past three months. Analysts currently rate EA as a “Hold” with an average target price of $188.30.