Electronic Arts Inc. (NASDAQ:EA) SVP Vijayanthimala Singh sold 200 shares of the firm’s stock in a transaction dated Thursday, December 14th. The shares were sold at an average price of $105.20, for a total value of $21,040.00. Following the transaction, the senior vice president now owns 4,928 shares of the company’s stock, valued at $518,425.60. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.
Shares of Electronic Arts Inc. (NASDAQ:EA) traded up $2.86 during midday trading on Friday, hitting $109.28. The stock had a trading volume of 5,755,867 shares, compared to its average volume of 2,980,466. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 0.23. Electronic Arts Inc. has a 1-year low of $77.94 and a 1-year high of $122.79. The firm has a market cap of $32,498.45, a price-to-earnings ratio of 27.13, a PEG ratio of 1.73 and a beta of 0.61.
A number of equities analysts recently commented on the company. Cowen restated a “hold” rating and set a $106.00 target price on shares of Electronic Arts in a report on Friday, September 8th. Morgan Stanley restated an “overweight” rating and set a $128.00 target price (up from $126.00) on shares of Electronic Arts in a report on Monday, October 2nd. Needham & Company LLC reiterated a “buy” rating and issued a $130.00 price objective on shares of Electronic Arts in a research note on Friday, October 13th. Robert W. Baird reiterated a “buy” rating and issued a $130.00 price objective on shares of Electronic Arts in a research note on Wednesday, November 1st. Finally, Zacks Investment Research cut Electronic Arts from a “buy” rating to a “hold” rating in a research note on Thursday, November 2nd. Five research analysts have rated the stock with a hold rating and twenty-four have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $123.26.
About Electronic Arts
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.
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