Electronic Arts Inc. (EA) Insider Andrew Wilson Sells 10,058 Shares

Electronic Arts Inc. (NASDAQ:EA) insider Andrew Wilson sold 10,058 shares of the firm’s stock in a transaction dated Wednesday, November 1st. The shares were sold at an average price of $113.81, for a total value of $1,144,700.98. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink.

Andrew Wilson also recently made the following trade(s):

  • On Monday, October 2nd, Andrew Wilson sold 10,058 shares of Electronic Arts stock. The shares were sold at an average price of $118.04, for a total value of $1,187,246.32.
  • On Friday, September 1st, Andrew Wilson sold 10,058 shares of Electronic Arts stock. The shares were sold at an average price of $119.56, for a total value of $1,202,534.48.

Shares of Electronic Arts Inc. (NASDAQ EA) traded down $1.27 during trading hours on Friday, reaching $113.20. 2,859,092 shares of the company’s stock traded hands, compared to its average volume of 3,338,386. The company has a debt-to-equity ratio of 0.23, a quick ratio of 3.01 and a current ratio of 2.38. The company has a market capitalization of $34.79 billion, a price-to-earnings ratio of 28.97, a P/E/G ratio of 1.85 and a beta of 0.65.

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Several research analysts have commented on the company. BMO Capital Markets cut their price objective on Electronic Arts from $100.00 to $97.00 and set a “market perform” rating on the stock in a research report on Thursday. Zacks Investment Research lowered Electronic Arts from a “buy” rating to a “hold” rating in a research report on Thursday. Barclays PLC dropped their target price on Electronic Arts from $129.00 to $127.00 and set an “overweight” rating on the stock in a research report on Wednesday. Robert W. Baird reaffirmed a “buy” rating and set a $130.00 target price on shares of Electronic Arts in a research report on Wednesday. Finally, Piper Jaffray Companies reaffirmed a “buy” rating and set a $130.00 target price on shares of Electronic Arts in a research report on Wednesday. Five analysts have rated the stock with a hold rating, twenty-three have assigned a buy rating and one has issued a strong buy rating to the stock. The company presently has an average rating of “Buy” and a consensus target price of $123.38.

Several institutional investors have recently bought and sold shares of EA. FMR LLC boosted its holdings in Electronic Arts by 0.7% in the second quarter. FMR LLC now owns 30,692,180 shares of the game software company’s stock worth $3,244,778,000 after purchasing an additional 205,768 shares in the last quarter. Northern Trust Corp boosted its holdings in Electronic Arts by 1.2% in the second quarter. Northern Trust Corp now owns 3,431,740 shares of the game software company’s stock worth $362,804,000 after purchasing an additional 40,722 shares in the last quarter. American Century Companies Inc. boosted its holdings in Electronic Arts by 7.8% in the third quarter. American Century Companies Inc. now owns 2,712,104 shares of the game software company’s stock worth $320,191,000 after purchasing an additional 196,228 shares in the last quarter. Renaissance Technologies LLC boosted its holdings in Electronic Arts by 928.4% in the second quarter. Renaissance Technologies LLC now owns 2,586,064 shares of the game software company’s stock worth $273,399,000 after purchasing an additional 2,334,600 shares in the last quarter. Finally, TIAA CREF Investment Management LLC boosted its holdings in Electronic Arts by 12.9% in the second quarter. TIAA CREF Investment Management LLC now owns 1,741,644 shares of the game software company’s stock worth $184,127,000 after purchasing an additional 199,073 shares in the last quarter. Institutional investors and hedge funds own 94.45% of the company’s stock.

Electronic Arts Company Profile

Electronic Arts Inc develops, markets, publishes and distributes games, content and services that can be played by consumers on a range of platforms, which include consoles, personal computers (PCs), mobile phones and tablets. The Company’s games and services are based on a portfolio of intellectual property that includes established brands, such as FIFA, Madden NFL, Star Wars, Battlefield, the Sims and Need for Speed.

Insider Buying and Selling by Quarter for Electronic Arts (NASDAQ:EA)

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