Electronic Arts Inc. (EA) Insider Andrew Wilson Sells 10,058 Shares

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.

Insider Buying and Selling by Quarter for Electronic Arts (NASDAQ:EA)

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