Electronic Arts Inc. (EA) CEO Sells $978,210.00 in Stock

Electronic Arts Inc. (NASDAQ:EA) CEO Andrew Wilson sold 9,000 shares of Electronic Arts stock in a transaction dated Tuesday, January 2nd. The shares were sold at an average price of $108.69, for a total transaction of $978,210.00. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website.

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

  • On Friday, December 1st, Andrew Wilson sold 10,058 shares of Electronic Arts stock. The stock was sold at an average price of $105.76, for a total transaction of $1,063,734.08.
  • On Wednesday, November 1st, Andrew Wilson sold 10,058 shares of Electronic Arts stock. The stock was sold at an average price of $113.81, for a total transaction of $1,144,700.98.

Electronic Arts Inc. (NASDAQ EA) opened at $112.39 on Friday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.38 and a current ratio of 2.38. Electronic Arts Inc. has a 52 week low of $77.94 and a 52 week high of $122.79. The company has a market cap of $34,700.00, a PE ratio of 29.65, a price-to-earnings-growth ratio of 1.80 and a beta of 0.61.

A number of research firms recently weighed in on EA. Vetr upgraded shares of Electronic Arts from a “sell” rating to a “hold” rating and set a $104.10 price target on the stock in a research report on Thursday. Wedbush restated a “buy” rating on shares of Electronic Arts in a research report on Tuesday. Morgan Stanley restated an “overweight” rating and set a $128.00 price target (up from $126.00) on shares of Electronic Arts in a research report on Monday, October 2nd. Barclays began coverage on shares of Electronic Arts in a research report on Wednesday, October 4th. They set an “overweight” rating and a $129.00 price target on the stock. Finally, Zacks Investment Research lowered shares of Electronic Arts from a “hold” rating to a “sell” rating in a research report on Tuesday. One investment analyst has rated the stock with a sell rating, six have issued a hold rating and twenty-three have issued a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $122.53.

A number of hedge funds have recently modified their holdings of the business. FMR LLC raised its stake in Electronic Arts by 0.7% during 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 during the period. Bank of New York Mellon Corp raised its stake in Electronic Arts by 0.6% during the third quarter. Bank of New York Mellon Corp now owns 4,203,946 shares of the game software company’s stock worth $496,317,000 after purchasing an additional 25,397 shares during the period. Northern Trust Corp raised its stake in Electronic Arts by 1.2% during 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 during the period. American Century Companies Inc. raised its stake in Electronic Arts by 7.8% during 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 during the period. Finally, Renaissance Technologies LLC raised its stake in shares of Electronic Arts by 928.4% in the 2nd quarter. Renaissance Technologies LLC now owns 2,586,064 shares of the game software company’s stock valued at $273,399,000 after acquiring an additional 2,334,600 shares during the period. 93.51% of the stock is currently owned by institutional investors.

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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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