Electronic Arts Inc. (NASDAQ:EA) insider Andrew Wilson sold 10,058 shares of Electronic Arts stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $113.81, for a total transaction of $1,144,700.98. The transaction was disclosed in a filing with the SEC, which is available through the SEC website.
Andrew Wilson also recently made the following trade(s):
- On Monday, October 2nd, Andrew Wilson sold 10,058 shares of Electronic Arts stock. The stock was sold at an average price of $118.04, for a total transaction of $1,187,246.32.
- On Friday, September 1st, Andrew Wilson sold 10,058 shares of Electronic Arts stock. The stock was sold at an average price of $119.56, for a total transaction of $1,202,534.48.
Shares of Electronic Arts Inc. (EA) opened at $112.27 on Wednesday. The stock has a market cap of $34,490.73, a PE ratio of 28.79, a PEG ratio of 1.83 and a beta of 0.65. Electronic Arts Inc. has a 52-week low of $73.74 and a 52-week high of $122.79. The company has a debt-to-equity ratio of 0.23, a current ratio of 2.38 and a quick ratio of 2.38.
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EA has been the topic of several research analyst reports. Zacks Investment Research upgraded shares of Electronic Arts from a “hold” rating to a “buy” rating and set a $130.00 target price on the stock in a report on Friday, October 27th. KeyCorp reiterated a “buy” rating and issued a $134.00 price objective on shares of Electronic Arts in a report on Friday, August 25th. Jefferies Group LLC reiterated a “buy” rating and issued a $135.00 price objective on shares of Electronic Arts in a report on Thursday, August 31st. Barclays PLC began coverage on shares of Electronic Arts in a report on Wednesday, October 4th. They issued an “overweight” rating and a $129.00 price objective on the stock. Finally, Bank of America Corporation upgraded shares of Electronic Arts from a “neutral” rating to a “buy” rating and set a $131.00 price objective on the stock in a report on Wednesday, July 26th. Five investment analysts have rated the stock with a hold rating, twenty-three have given a buy rating and one has given a strong buy rating to the company. Electronic Arts presently has an average rating of “Buy” and a consensus target price of $123.38.
Several institutional investors have recently made changes to their positions in the company. D. Scott Neal Inc. acquired a new position in Electronic Arts in the second quarter valued at about $120,000. Tower Research Capital LLC TRC raised its stake in Electronic Arts by 310.8% during the second quarter. Tower Research Capital LLC TRC now owns 1,405 shares of the game software company’s stock worth $149,000 after acquiring an additional 1,063 shares in the last quarter. Bessemer Group Inc. raised its stake in Electronic Arts by 144.5% during the third quarter. Bessemer Group Inc. now owns 1,325 shares of the game software company’s stock worth $157,000 after acquiring an additional 783 shares in the last quarter. Dupont Capital Management Corp acquired a new position in Electronic Arts during the third quarter worth about $183,000. Finally, Captrust Financial Advisors acquired a new position in Electronic Arts during the second quarter worth about $195,000. 94.56% of the stock is owned by institutional investors.
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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