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

Electronic Arts Inc. (NASDAQ:EA) CEO Andrew Wilson sold 10,058 shares of the business’s stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $105.76, for a total value of $1,063,734.08. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website.

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

  • On Wednesday, November 1st, Andrew Wilson sold 10,058 shares of Electronic Arts stock. The shares were sold at an average price of $113.81, for a total value of $1,144,700.98.
  • 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.

Electronic Arts Inc. (EA) opened at $103.18 on Thursday. The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.38 and a current ratio of 2.38. The firm has a market capitalization of $31,833.33, a P/E ratio of 26.58, a P/E/G ratio of 1.70 and a beta of 0.61. Electronic Arts Inc. has a 1-year low of $76.42 and a 1-year high of $122.79.

EA has been the topic of a number of analyst reports. Cowen reiterated a “hold” rating and set a $106.00 price objective on shares of Electronic Arts in a research note on Friday, September 8th. Morgan Stanley reiterated an “overweight” rating and set a $128.00 price objective (up previously from $126.00) on shares of Electronic Arts in a research note on Monday, October 2nd. Needham & Company LLC reiterated a “buy” rating and set 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 set 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 company currently has an average rating of “Buy” and an average price target of $123.26.

Several hedge funds have recently bought and sold shares of the stock. Tower Research Capital LLC TRC lifted its position in shares of Electronic Arts by 310.8% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,405 shares of the game software company’s stock valued at $149,000 after acquiring an additional 1,063 shares during the period. Bessemer Group Inc. lifted its position in shares of Electronic Arts by 144.5% during the 3rd quarter. Bessemer Group Inc. now owns 1,325 shares of the game software company’s stock valued at $157,000 after acquiring an additional 783 shares during the period. Dupont Capital Management Corp bought a new stake in shares of Electronic Arts during the 3rd quarter valued at $183,000. Captrust Financial Advisors bought a new stake in shares of Electronic Arts during the 2nd quarter valued at $195,000. Finally, GHP Investment Advisors Inc. bought a new stake in shares of Electronic Arts during the 3rd quarter valued at $202,000. 93.78% of the stock is currently owned by institutional investors and hedge funds.

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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.

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

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