DreamWorks Animation: Institutional Stock Sales in Third Quarter

Insiders are generally long-term investors due to restriction in making short-term profits. In contrast, wealth management institutions always have short-term investment. Wall St. Watchdog reveals information regarding the insiders and institutions which recently decreased stock shares of DreamWorks Animation SKG Inc. (NASDAQ:DWA).

SEC data indicate that these institutions significantly reduced their stock shares of DreamWorks Animation SKG Inc. in Q3 2011:

  • GLOBAL THEMATIC PARTNERS, LLC: On 06/30/2011, held 1,514,327 shares, worth $30,437,973. On 09/30/2011, held 0 shares.
  • ARTISAN PARTNERS HOLDINGS LP: On 06/30/2011, held 1,294,400 shares, worth $26,017,440. On 09/30/2011, held 0 shares.
  • FRANKLIN RESOURCES INC: On 06/30/2011, held 555,089 shares, worth $11,157,289. On 09/30/2011, held 0 shares.
  • ROCHDALE INVESTMENT MANAGEMENT LLC: On 06/30/2011, held 434,725 shares, worth $8,737,973. On 09/30/2011, held 0 shares.
  • STATE OF NEW JERSEY COMMON PENSION FUND A: On 06/30/2011, held 420,000 shares, worth $8,442,000. On 09/30/2011, held 0 shares.

About the company: DreamWorks Animation SKG, Inc. develops and produces computer generated animated feature films for a broad movie-going audience.

Competitors to Watch: Lions Gate Entertainment Corp. (NYSE:LGF), CKX Inc. (NASDAQ:CKXE), Seven Arts Pictures PLC (NASDAQ:SAPX), Point.360 (NASDAQ:PTSX), World Wrestling Entertainment, Inc. (NYSE:WWE), and Rentrak Corporation (NASDAQ:RENT). Lions Gate Entertainment (NYSE:LGF), Disney (NYSE:DIS), Sony (NYSE:SNE), Apple (NASDAQ:AAPL), Time Warner (NYSE:TWX), Comcast Corp (NASDAQ:CMCSA), Crown Media (NASDAQ:CRWN), IMAX (NASDAQ:IMAX), News Corp (NASDAQ:NWSA) and Netflix (NASDAQ:NFLX).

(Note: Data regarding DreamWorks Animation SKG Inc.’s stock holdings are sourced from whalewisdom.com. All data are assumed to be accurate.)

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