Electronic Arts Inc. (NASDAQ:EA) SVP Samantha S. Smith sold 2,721 shares of the firm’s stock in a transaction dated Monday, November 14th. The shares were sold at an average price of $76.78, for a total value of $208,918.38. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink.

Electronic Arts Inc. (NASDAQ:EA) opened at 79.62 on Friday. Electronic Arts Inc. has a 52-week low of $53.01 and a 52-week high of $86.07. The firm has a market cap of $24.03 billion, a price-to-earnings ratio of 20.29 and a beta of 0.58. The firm has a 50-day moving average of $81.69 and a 200 day moving average of $78.25.

Electronic Arts (NASDAQ:EA) last posted its earnings results on Tuesday, November 1st. The game software company reported ($0.13) earnings per share for the quarter, missing the Zacks’ consensus estimate of $0.43 by $0.56. The business earned $1.10 billion during the quarter, compared to the consensus estimate of $1.08 billion. Electronic Arts had a net margin of 27.62% and a return on equity of 23.03%. The business’s revenue was up 10.2% compared to the same quarter last year. During the same period in the previous year, the firm earned $0.65 EPS. On average, equities research analysts forecast that Electronic Arts Inc. will post $3.70 earnings per share for the current year.

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

A number of equities analysts recently commented on EA shares. Vetr downgraded Electronic Arts from a “buy” rating to a “hold” rating and set a $83.46 price target for the company. in a research note on Monday, November 7th. MKM Partners reiterated a “buy” rating and issued a $95.00 price target on shares of Electronic Arts in a research note on Thursday, November 3rd. Barclays PLC reiterated an “overweight” rating and issued a $94.00 price target (up from $88.00) on shares of Electronic Arts in a research note on Thursday, November 3rd. Piper Jaffray Cos. reiterated an “overweight” rating and issued a $91.00 price target (up from $89.00) on shares of Electronic Arts in a research note on Thursday, November 3rd. Finally, Morgan Stanley reiterated an “overweight” rating and issued a $101.00 price target on shares of Electronic Arts in a research note on Thursday, November 3rd. Seven analysts have rated the stock with a hold rating, fifteen have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of “Buy” and a consensus target price of $89.93.

A number of hedge funds have recently bought and sold shares of EA. Archford Capital Strategies LLC boosted its stake in shares of Electronic Arts by 1,407.3% in the second quarter. Archford Capital Strategies LLC now owns 1,447 shares of the game software company’s stock valued at $110,000 after buying an additional 1,351 shares in the last quarter. Global X Management Co. LLC boosted its stake in shares of Electronic Arts by 113.9% in the third quarter. Global X Management Co. LLC now owns 1,587 shares of the game software company’s stock valued at $136,000 after buying an additional 845 shares in the last quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. boosted its stake in shares of Electronic Arts by 270.5% in the third quarter. Mitsubishi UFJ Securities Holdings Co. Ltd. now owns 1,630 shares of the game software company’s stock valued at $139,000 after buying an additional 1,190 shares in the last quarter. Catalyst Capital Advisors LLC purchased a new stake in shares of Electronic Arts during the third quarter valued at $140,000. Finally, Tuttle Tactical Management LLC purchased a new stake in shares of Electronic Arts during the third quarter valued at $153,000. 98.98% of the stock is currently owned by institutional investors and hedge funds.

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.

5 Day Chart for NASDAQ:EA

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