June 26, 2017 – By wolcottdaily
Crispin Odey increased its stake in Electronic Arts Inc (EA) by 18.8% based on its latest 2016Q4 regulatory filing with the SEC. Odey Asset Management Group Ltd bought 6,175 shares as the company’s stock rose 23.30% with the market. The hedge fund run by Crispin Odey held 39,025 shares of the prepackaged software company at the end of 2016Q4, valued at $ 3.07 million, up from 32,850 at the end of the previous reported quarter. Odey Asset Management Group Ltd who had been investing in Electronic Arts Inc for a number of months, seems to be bullish on the $ 33.79B market cap company. The stock rose 0.12% or $ 0.13 reaching $ 111 per share. About 2,151 shares traded. Electronic Arts Inc. (NASDAQ:EA) has risen 46.45% since June 26, 2016 and is uptrending. It has outperformed by 29.75% the S&P500.
Keith Meister decreased its stake in Platform Specialty Prods Cor (PAH) by 10.57% based on its latest 2016Q4 regulatory filing with the SEC. Corvex Management Lp sold 1.97 million shares as the company’s stock rose 0.60% with the market. The hedge fund run by Keith Meister held 16.70 million shares of the major chemicals company at the end of 2016Q4, valued at $ 163.82 million, down from 18.67 million at the end of the previous reported quarter. Corvex Management Lp who had been investing in Platform Specialty Prods Cor for a number of months, seems to be less bullish one the $ 3.61 billion market cap company. It closed at $ 12.63 lastly. It is down 48.23% since June 26, 2016 and is uptrending. It has outperformed by 31.53% the S&P500.
Investors sentiment increased to 0.85 in Q4 2016. Its up 0.04, from 0.81 in 2016Q3. It increased, as 71 investors sold EA shares while 214 reduced holdings. 65 funds opened positions while 178 raised stakes. 290.67 million shares or 1.29% less from 294.46 million shares in 2016Q3 were reported. The Netherlands-based Robeco Institutional Asset Management Bv has invested 0.28% in Electronic Arts Inc. (NASDAQ:EA). Howe & Rusling Inc invested 0% in Electronic Arts Inc. (NASDAQ:EA). Delta Lloyd Nv stated it has 23,738 shares or 0.06% of all its holdings. Techs Crossover Mgmt Vi Ltd Liability holds 951,618 shares or 100% of its portfolio. Gotham Asset Mgmt Limited Company reported 39,678 shares. Louisiana State Employees Retirement System holds 19,000 shares or 0.08% of its portfolio. Asset Mgmt One Co Limited holds 575,323 shares or 0.11% of its portfolio. Wells Fargo & Co Mn stated it has 0.06% of its portfolio in Electronic Arts Inc. (NASDAQ:EA). Great Lakes Limited Liability holds 0.01% of its portfolio in Electronic Arts Inc. (NASDAQ:EA) for 2,852 shares. Wealth Architects Limited Liability Com holds 5,059 shares. Metropolitan Life Ny holds 0.09% or 162,178 shares. Korea Invest Corp, Korea-based fund reported 176,355 shares. Voya Inv Mgmt Limited Liability Company has 3.12 million shares. Chicago Equity Ptnrs Ltd Com has 0.03% invested in Electronic Arts Inc. (NASDAQ:EA) for 16,335 shares. First Mercantile Com holds 0.59% or 48,124 shares.
Among 18 analysts covering Electronic Arts (NASDAQ:EA), 14 have Buy rating, 0 Sell and 4 Hold. Therefore 78% are positive. Electronic Arts had 36 analyst reports since July 28, 2015 according to SRatingsIntel. As per Friday, September 23, the company rating was initiated by Morgan Stanley. The company was maintained on Friday, October 30 by Mizuho. The rating was maintained by Wedbush on Wednesday, October 26 with “Neutral”. On Wednesday, November 2 the stock rating was maintained by Benchmark with “Buy”. The rating was maintained by Benchmark with “Buy” on Wednesday, February 1. The stock of Electronic Arts Inc. (NASDAQ:EA) earned “Overweight” rating by Atlantic Securities on Friday, December 4. Bank of America upgraded the shares of EA in report on Friday, January 15 to “Buy” rating. The stock of Electronic Arts Inc. (NASDAQ:EA) has “Outperform” rating given on Thursday, November 12 by Oppenheimer. Stifel Nicolaus maintained Electronic Arts Inc. (NASDAQ:EA) rating on Thursday, May 12. Stifel Nicolaus has “Buy” rating and $ 82 target. The stock of Electronic Arts Inc. (NASDAQ:EA) earned “Neutral” rating by Mizuho on Wednesday, November 2.
Odey Asset Management Group Ltd, which manages about $ 953.12M US Long portfolio, decreased its stake in Facebook Inc (NASDAQ:FB) by 212,158 shares to 62,600 shares, valued at $ 7.20M in 2016Q4, according to the filing. It also reduced its holding in Bmc Stk Hldgs Inc by 239,310 shares in the quarter, leaving it with 2.22M shares, and cut its stake in Molson Coors Brewing Co (NYSE:TAP).
More notable recent Electronic Arts Inc. (NASDAQ:EA) news were published by: Finance.Yahoo.com</a> which released: “3 Stocks to Watch on Monday: Apple Inc. (AAPL), Microsoft Corporation (MSFT …” on June 12, 2017, also Schaeffersresearch.com</a> with their article: “Buy Calls on Activision Blizzard, Electronic Arts Stocks Right Now” published on June 21, 2017, Bloomberg.com</a> published: “EA Pays CEO $ 20 Million as FIFA 17 Maker Navigates Shift to Web” on June 16, 2017. More interesting news about Electronic Arts Inc. (NASDAQ:EA) were released by: Fool.com</a> and their article: “Why Shares of Electronic Arts Inc. Popped 20% in May” published on June 13, 2017 as well as Businesswire.com</a>‘s news article titled: “EA SPORTS NHL 18 Reveals Edmonton Oilers Superstar Connor McDavid as Cover …” with publication date: June 22, 2017.
Since January 3, 2017, it had 0 insider buys, and 49 sales for $ 63.85 million activity. On Tuesday, January 10 Jorgensen Blake J sold $ 950,433 worth of Electronic Arts Inc. (NASDAQ:EA) or 12,130 shares. Soderlund Patrick had sold 8,000 shares worth $ 759,355 on Monday, May 1. Bruzzo Chris had sold 12,000 shares worth $ 983,631 on Thursday, February 2. BARKER KENNETH A had sold 26,701 shares worth $ 2.91 million. On Thursday, January 19 the insider Schatz Jacob J. sold $ 177,528. On Tuesday, May 23 HOAG JAY C sold $ 754,375 worth of Electronic Arts Inc. (NASDAQ:EA) or 6,769 shares.
Investors sentiment decreased to 1.09 in Q4 2016. Its down 1.48, from 2.57 in 2016Q3. It worsened, as 37 investors sold PAH shares while 41 reduced holdings. 22 funds opened positions while 63 raised stakes. 235.89 million shares or 2.83% more from 229.41 million shares in 2016Q3 were reported. Verition Fund Mngmt Ltd Liability accumulated 0.26% or 303,282 shares. Ascend Cap Ltd holds 1.34 million shares. Brave Asset Management owns 0.09% invested in Platform Specialty Products Corp (NYSE:PAH) for 15,000 shares. 17.20 million were accumulated by Bares Mngmt. Moreover, Barclays Public Ltd Co has 0% invested in Platform Specialty Products Corp (NYSE:PAH). Wells Fargo And Mn reported 436,966 shares or 0% of all its holdings. Goldman Sachs Group holds 892,401 shares. Moreover, Comm Fincl Bank has 0.01% invested in Platform Specialty Products Corp (NYSE:PAH) for 39,715 shares. Grp Inc Inc owns 5,750 shares for 0% of their portfolio. Blackrock Inc accumulated 0% or 51,427 shares. 7.23M are held by Lmm Limited Liability. First Tru Advsr Ltd Partnership invested in 53,445 shares. Moreover, Kcg Holding has 0.02% invested in Platform Specialty Products Corp (NYSE:PAH). Inverness Counsel Lc, New York-based fund reported 13,000 shares. Gp One Trading Ltd Partnership holds 0% in Platform Specialty Products Corp (NYSE:PAH) or 35,371 shares.
Corvex Management Lp, which manages about $ 8.18B and $ 5.79B US Long portfolio, upped its stake in Jpmorgan Chase & Co (NYSE:JPM) by 1.53M shares to 1.78 million shares, valued at $ 153.78M in 2016Q4, according to the filing. It also increased its holding in Pandora Media Inc (NYSE:P) by 225,000 shares in the quarter, for a total of 11.65M shares, and has risen its stake in T Mobile Us (NYSE:TMUS).
Among 9 analysts covering Platform Specialty Products Corporation (NYSE:PAH), 6 have Buy rating, 0 Sell and 3 Hold. Therefore 67% are positive. Platform Specialty Products Corporation had 19 analyst reports since August 17, 2015 according to SRatingsIntel. The firm has “Buy” rating given on Monday, August 22 by Roth Capital. The rating was initiated by Bank of America with “Buy” on Wednesday, March 9. On Monday, November 7 the stock rating was upgraded by Nomura to “Buy”. Morgan Stanley initiated Platform Specialty Products Corp (NYSE:PAH) on Monday, January 30 with “Equal-Weight” rating. The firm earned “Neutral” rating on Tuesday, September 13 by Nomura. The stock of Platform Specialty Products Corp (NYSE:PAH) earned “Equal-Weight” rating by Barclays Capital on Tuesday, August 16. The stock of Platform Specialty Products Corp (NYSE:PAH) earned “Buy” rating by TH Capital on Monday, August 22. Credit Suisse reinitiated Platform Specialty Products Corp (NYSE:PAH) on Thursday, December 3 with “Neutral” rating. Barclays Capital maintained Platform Specialty Products Corp (NYSE:PAH) rating on Wednesday, October 5. Barclays Capital has “Equal Weight” rating and $ 10 target. The rating was reinitiated by Credit Suisse on Monday, May 2 with “Neutral”.
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