California Public Employees Retirement System Trims Holdings in Electronic Arts Inc. $EA

Posted by Geri Gentry on Jul 19th, 2026

California Public Employees Retirement System lowered its holdings in shares of Electronic Arts Inc. (NASDAQ:EA – Free Report) by 14.2% in the first quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The firm owned 569,675 shares of the game software company’s stock after selling 94,001 shares during the period. California Public Employees Retirement System’s holdings in Electronic Arts were worth $116,140,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors also recently bought and sold shares of EA. Ascentis Independent Advisors acquired a new position in Electronic Arts in the first quarter valued at $27,000. MV Capital Management Inc. acquired a new stake in shares of Electronic Arts during the fourth quarter worth about $28,000. Asset Planning Inc purchased a new position in shares of Electronic Arts during the first quarter worth about $32,000. Whipplewood Advisors LLC purchased a new position in shares of Electronic Arts during the first quarter worth about $32,000. Finally, Fideuram Asset Management Ireland dac acquired a new position in Electronic Arts in the 4th quarter valued at about $44,000. 90.23% of the stock is owned by hedge funds and other institutional investors.

Electronic Arts Price Performance

Shares of NASDAQ:EA opened at $208.90 on Friday. Electronic Arts Inc. has a 52 week low of $146.97 and a 52 week high of $209.19. The company has a 50-day moving average price of $203.38 and a 200 day moving average price of $202.64. The company has a market cap of $52.38 billion, a P/E ratio of 59.86, a PEG ratio of 2.34 and a beta of 0.64. The company has a quick ratio of 1.05, a current ratio of 1.05 and a debt-to-equity ratio of 0.22.

Electronic Arts Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, June 17th. Stockholders of record on Wednesday, May 27th were issued a $0.19 dividend. This represents a $0.76 annualized dividend and a dividend yield of 0.4%. The ex-dividend date of this dividend was Wednesday, May 27th. Electronic Arts’s dividend payout ratio (DPR) is currently 21.78%.

Analysts Set New Price Targets

Several research firms have commented on EA. Citigroup upped their price objective on Electronic Arts from $202.00 to $204.00 and gave the company a “neutral” rating in a research note on Thursday, May 7th. Wall Street Zen upgraded Electronic Arts to a “hold” rating in a research note on Saturday, June 6th. Argus lowered Electronic Arts from a “buy” rating to a “hold” rating in a report on Thursday, May 28th. Weiss Ratings upgraded Electronic Arts from a “hold (c)” rating to a “hold (c+)” rating in a research note on Monday, May 18th. Finally, Zacks Research downgraded Electronic Arts from a “hold” rating to a “strong sell” rating in a report on Monday, July 13th. Two analysts have rated the stock with a Buy rating, sixteen have given a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has an average rating of “Hold” and an average price target of $196.64.

View Our Latest Stock Analysis on Electronic Arts

Insiders Place Their Bets

In other Electronic Arts news, EVP Jacob J. Schatz sold 5,000 shares of the stock in a transaction on Wednesday, May 20th. The stock was sold at an average price of $201.19, for a total value of $1,005,950.00. Following the completion of the transaction, the executive vice president owned 42,287 shares in the company, valued at approximately $8,507,721.53. This represents a 10.57% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which can be accessed through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Andrew Wilson sold 5,000 shares of the firm’s stock in a transaction on Monday, June 15th. The shares were sold at an average price of $203.12, for a total value of $1,015,600.00. Following the completion of the sale, the chief executive officer directly owned 80,974 shares of the company’s stock, valued at approximately $16,447,438.88. This trade represents a 5.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 31,206 shares of company stock worth $6,292,058. Corporate insiders own 0.24% of the company’s stock.

Electronic Arts Company Profile

(Free Report)

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.