Chris Bruzzo Sells 1,500 Shares of Electronic Arts Inc. (EA) Stock

Electronic Arts Inc. (NASDAQ:EA) EVP Chris Bruzzo sold 1,500 shares of the firm’s stock in a transaction on Friday, December 1st. The stock was sold at an average price of $105.80, for a total value of $158,700.00. Following the transaction, the executive vice president now directly owns 38,562 shares of the company’s stock, valued at approximately $4,079,859.60. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link.

Chris Bruzzo also recently made the following trade(s):

  • On Wednesday, November 1st, Chris Bruzzo sold 1,500 shares of Electronic Arts stock. The stock was sold at an average price of $113.78, for a total value of $170,670.00.
  • On Monday, October 2nd, Chris Bruzzo sold 1,500 shares of Electronic Arts stock. The stock was sold at an average price of $118.10, for a total value of $177,150.00.

Shares of Electronic Arts Inc. (NASDAQ EA) traded down $0.20 during trading on Thursday, reaching $103.18. The company had a trading volume of 4,668,400 shares, compared to its average volume of 2,951,575. Electronic Arts Inc. has a 52-week low of $76.42 and a 52-week high of $122.79. The firm has a market capitalization of $31,833.33, a PE ratio of 26.58, a P/E/G ratio of 1.70 and a beta of 0.61. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 0.23.

EA has been the subject of several recent research reports. Oppenheimer reissued a “buy” rating on shares of Electronic Arts in a research report on Friday, November 17th. Zacks Investment Research downgraded Electronic Arts from a “buy” rating to a “hold” rating in a research report on Thursday, October 26th. Barclays decreased their price objective on Electronic Arts from $129.00 to $127.00 and set an “overweight” rating on the stock in a report on Wednesday, November 1st. Goldman Sachs Group initiated coverage on Electronic Arts in a report on Friday, September 8th. They set a “buy” rating and a $136.00 price objective on the stock. Finally, BidaskClub cut Electronic Arts from a “hold” rating to a “sell” rating in a report on Saturday, October 21st. Five analysts have rated the stock with a hold rating and twenty-four have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus target price of $123.26.

A number of institutional investors have recently modified their holdings of EA. FMR LLC lifted its stake in shares of 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 in the last quarter. Bank of New York Mellon Corp lifted its stake in shares of 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 in the last quarter. Northern Trust Corp lifted its stake in shares of 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 in the last quarter. American Century Companies Inc. lifted its stake in shares of 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 in the last quarter. Finally, Renaissance Technologies LLC lifted its stake in shares of Electronic Arts by 928.4% during 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. Hedge funds and other institutional investors own 93.78% of the company’s stock.

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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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