Electronic Arts Inc. (NASDAQ:EA) EVP Peter R. Moore sold 30,799 shares of the company’s stock in a transaction dated Thursday, November 3rd. The shares were sold at an average price of $81.17, for a total value of $2,499,954.83. Following the sale, the executive vice president now owns 77,227 shares in the company, valued at approximately $6,268,515.59. The sale was disclosed in a filing with the SEC, which is available through this link.

Peter R. Moore also recently made the following trade(s):

  • On Tuesday, September 6th, Peter R. Moore sold 10,000 shares of Electronic Arts stock. The shares were sold at an average price of $83.81, for a total value of $838,100.00.

Shares of Electronic Arts Inc. (NASDAQ:EA) opened at 76.79 on Friday. The company’s 50-day moving average price is $82.55 and its 200 day moving average price is $77.74. Electronic Arts Inc. has a 1-year low of $53.01 and a 1-year high of $86.07. The company has a market cap of $23.11 billion, a price-to-earnings ratio of 19.57 and a beta of 0.58.

Electronic Arts (NASDAQ:EA) last announced its earnings results on Tuesday, November 1st. The game software company reported ($0.13) earnings per share for the quarter, missing analysts’ consensus estimates of $0.43 by $0.56. The company had revenue of $1.10 billion for the quarter, compared to analysts’ expectations of $1.08 billion. Electronic Arts had a net margin of 27.62% and a return on equity of 23.03%. Electronic Arts’s quarterly revenue was up 10.2% on a year-over-year basis. During the same quarter in the prior year, the firm posted $0.65 earnings per share. On average, analysts predict that Electronic Arts Inc. will post $3.69 earnings per share for the current fiscal year.

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

Several research analysts have issued reports on the company. Cowen and Company lowered Electronic Arts from an “outperform” rating to a “market perform” rating and cut their price target for the stock from $96.00 to $82.00 in a report on Friday, October 28th. Vetr downgraded Electronic Arts from a “strong-buy” rating to a “buy” rating and set a $93.33 price objective for the company. in a research note on Tuesday, October 18th. Morgan Stanley initiated coverage on Electronic Arts in a research note on Friday, September 23rd. They issued an “overweight” rating and a $101.00 price objective for the company. Bank of America Corp. downgraded Electronic Arts from a “buy” rating to a “neutral” rating and lowered their price objective for the stock from $86.07 to $53.01 in a research note on Monday, October 24th. Finally, Piper Jaffray Cos. reissued an “overweight” rating and issued a $89.00 price objective on shares of Electronic Arts in a research note on Monday, October 24th. Seven analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has given a strong buy rating to the stock. The stock has an average rating of “Buy” and a consensus price target of $89.93.

A number of large investors have recently made changes to their positions in the stock. FMR LLC raised its stake in shares of Electronic Arts by 13.6% in the second quarter. FMR LLC now owns 29,807,407 shares of the game software company’s stock worth $2,258,208,000 after buying an additional 3,570,117 shares in the last quarter. Vanguard Group Inc. raised its stake in shares of Electronic Arts by 0.8% in the second quarter. Vanguard Group Inc. now owns 26,751,707 shares of the game software company’s stock worth $2,026,708,000 after buying an additional 202,429 shares in the last quarter. Ameriprise Financial Inc. raised its stake in shares of Electronic Arts by 2.2% in the second quarter. Ameriprise Financial Inc. now owns 11,877,969 shares of the game software company’s stock worth $899,870,000 after buying an additional 254,752 shares in the last quarter. BlackRock Institutional Trust Company N.A. raised its stake in shares of Electronic Arts by 2.4% in the second quarter. BlackRock Institutional Trust Company N.A. now owns 8,194,060 shares of the game software company’s stock worth $620,782,000 after buying an additional 191,899 shares in the last quarter. Finally, JPMorgan Chase & Co. raised its stake in shares of Electronic Arts by 46.3% in the third quarter. JPMorgan Chase & Co. now owns 7,478,959 shares of the game software company’s stock worth $639,284,000 after buying an additional 2,367,576 shares in the last quarter.

About Electronic Arts

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.

5 Day Chart for NASDAQ:EA

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