Electronic Arts Inc. (NASDAQ:EA) SVP Vijayanthimala Singh sold 200 shares of the business’s stock in a transaction dated Thursday, February 1st. The stock was sold at an average price of $126.75, for a total transaction of $25,350.00. Following the completion of the sale, the senior vice president now owns 4,528 shares in the company, valued at $573,924. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at this link.
Vijayanthimala Singh also recently made the following trade(s):
- On Tuesday, January 2nd, Vijayanthimala Singh sold 200 shares of Electronic Arts stock. The stock was sold at an average price of $105.85, for a total transaction of $21,170.00.
- On Thursday, December 14th, Vijayanthimala Singh sold 200 shares of Electronic Arts stock. The stock was sold at an average price of $105.20, for a total transaction of $21,040.00.
Electronic Arts Inc. (NASDAQ:EA) opened at $124.53 on Monday. The firm has a market capitalization of $38,345.95, a PE ratio of 38.92, a P/E/G ratio of 2.27 and a beta of 0.73. Electronic Arts Inc. has a 12 month low of $80.40 and a 12 month high of $131.01. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.92 and a quick ratio of 2.38.
Electronic Arts (NASDAQ:EA) last released its earnings results on Tuesday, January 30th. The game software company reported $2.06 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $2.03 by $0.03. Electronic Arts had a return on equity of 25.42% and a net margin of 19.67%. The company had revenue of $1.97 billion for the quarter, compared to analysts’ expectations of $2.02 billion. analysts expect that Electronic Arts Inc. will post 3.66 earnings per share for the current fiscal year.
Large investors have recently added to or reduced their stakes in the business. Cerebellum GP LLC purchased a new position in Electronic Arts during the 4th quarter valued at about $129,000. First Bank & Trust purchased a new position in Electronic Arts during the 4th quarter valued at about $134,000. Bessemer Group Inc. grew its stake in 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 in the last quarter. Exane Derivatives purchased a new position in Electronic Arts during the 4th quarter valued at about $142,000. Finally, Tower Research Capital LLC TRC grew its stake in 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 in the last quarter. 92.63% of the stock is currently owned by institutional investors.
EA has been the topic of several research reports. Goldman Sachs Group cut shares of Electronic Arts from a “conviction-buy” rating to a “buy” rating in a research report on Tuesday, December 12th. BMO Capital Markets dropped their price target on shares of Electronic Arts from $100.00 to $97.00 and set a “market perform” rating on the stock in a research report on Thursday, November 2nd. Piper Jaffray Companies reiterated a “buy” rating and issued a $128.00 price target on shares of Electronic Arts in a research report on Thursday, October 12th. KeyCorp reiterated a “buy” rating and issued a $134.00 price target on shares of Electronic Arts in a research report on Sunday, November 19th. Finally, Buckingham Research set a $143.00 price target on shares of Electronic Arts and gave the stock a “buy” rating in a research report on Sunday, November 19th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating and twenty-four have assigned a buy rating to the company’s stock. The stock currently has an average rating of “Buy” and a consensus price target of $130.34.
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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.
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