Electronic Arts Inc. (NASDAQ:EA – Get Free Report) insider Vijayanthimala Singh sold 1,200 shares of the business’s stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $200.81, for a total value of $240,972.00. Following the completion of the sale, the insider owned 27,560 shares in the company, valued at approximately $5,534,323.60. This trade represents a 4.17% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Vijayanthimala Singh also recently made the following trade(s):
- On Wednesday, April 15th, Vijayanthimala Singh sold 1,200 shares of Electronic Arts stock. The shares were sold at an average price of $203.25, for a total value of $243,900.00.
- On Monday, March 16th, Vijayanthimala Singh sold 1,200 shares of Electronic Arts stock. The shares were sold at an average price of $199.69, for a total value of $239,628.00.
- On Tuesday, February 17th, Vijayanthimala Singh sold 1,200 shares of Electronic Arts stock. The shares were sold at an average price of $200.63, for a total value of $240,756.00.
Electronic Arts Stock Performance
Shares of Electronic Arts stock opened at $201.05 on Tuesday. The firm has a market cap of $50.41 billion, a price-to-earnings ratio of 57.61, a price-to-earnings-growth ratio of 2.21 and a beta of 0.66. The stock’s 50-day moving average is $201.77 and its 200-day moving average is $202.21. Electronic Arts Inc. has a one year low of $141.19 and a one year high of $204.88. The company has a debt-to-equity ratio of 0.22, a current ratio of 1.05 and a quick ratio of 1.05.
Electronic Arts Dividend Announcement
Analyst Ratings Changes
Several analysts recently issued reports on the company. UBS Group reiterated a “neutral” rating on shares of Electronic Arts in a report on Wednesday, February 4th. Weiss Ratings reiterated a “hold (c)” rating on shares of Electronic Arts in a report on Monday, May 4th. Finally, Citigroup upped their target price on Electronic Arts from $202.00 to $204.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Three research analysts have rated the stock with a Buy rating, sixteen have assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Hold” and a consensus price target of $196.64.
Read Our Latest Report on Electronic Arts
Institutional Trading of Electronic Arts
Several institutional investors and hedge funds have recently bought and sold shares of EA. Brighton Jones LLC raised its holdings in Electronic Arts by 9.4% during the fourth quarter. Brighton Jones LLC now owns 3,420 shares of the game software company’s stock worth $500,000 after acquiring an additional 294 shares in the last quarter. Empowered Funds LLC raised its stake in Electronic Arts by 167.0% in the first quarter. Empowered Funds LLC now owns 19,306 shares of the game software company’s stock valued at $2,790,000 after buying an additional 12,076 shares during the period. Geneos Wealth Management Inc. raised its stake in Electronic Arts by 150.8% in the first quarter. Geneos Wealth Management Inc. now owns 316 shares of the game software company’s stock valued at $46,000 after buying an additional 190 shares during the period. Jump Financial LLC bought a new stake in Electronic Arts in the second quarter valued at approximately $2,323,000. Finally, NewEdge Advisors LLC raised its stake in Electronic Arts by 96.4% in the second quarter. NewEdge Advisors LLC now owns 3,067 shares of the game software company’s stock valued at $490,000 after buying an additional 1,505 shares during the period. Institutional investors own 90.23% of the company’s stock.
About Electronic Arts
Electronic Arts Inc (NASDAQ: EA) is a global interactive entertainment company headquartered in Redwood City, California. Founded in 1982 by Trip Hawkins, EA develops, publishes and distributes video games and related content for a variety of platforms, including consoles, personal computers and mobile devices. The company combines in-house development, partnerships and studio acquisitions to create and maintain a portfolio of entertainment properties and live-service experiences for players worldwide.
EA’s product lineup spans several well-known franchises and genres.
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