Electronic Arts Inc. $EA Stock Holdings Boosted by Nisa Investment Advisors LLC

Nisa Investment Advisors LLC grew its position in shares of Electronic Arts Inc. (NASDAQ:EA) by 9.2% during the 4th quarter, according to the company in its most recent filing with the SEC. The firm owned 110,851 shares of the game software company’s stock after purchasing an additional 9,297 shares during the quarter. Nisa Investment Advisors LLC’s holdings in Electronic Arts were worth $22,650,000 as of its most recent filing with the SEC.

A number of other hedge funds and other institutional investors also recently modified their holdings of EA. EverSource Wealth Advisors LLC boosted its stake in Electronic Arts by 2.4% during the third quarter. EverSource Wealth Advisors LLC now owns 2,108 shares of the game software company’s stock valued at $425,000 after buying an additional 50 shares in the last quarter. Ballentine Partners LLC raised its position in Electronic Arts by 1.2% in the third quarter. Ballentine Partners LLC now owns 4,783 shares of the game software company’s stock worth $965,000 after acquiring an additional 59 shares in the last quarter. Physician Wealth Advisors Inc. raised its position in Electronic Arts by 5.9% in the third quarter. Physician Wealth Advisors Inc. now owns 1,053 shares of the game software company’s stock worth $212,000 after acquiring an additional 59 shares in the last quarter. Linden Thomas Advisory Services LLC lifted its holdings in Electronic Arts by 3.6% in the 3rd quarter. Linden Thomas Advisory Services LLC now owns 1,941 shares of the game software company’s stock valued at $392,000 after acquiring an additional 67 shares during the last quarter. Finally, SBI Securities Co. Ltd. lifted its holdings in Electronic Arts by 20.5% in the 3rd quarter. SBI Securities Co. Ltd. now owns 399 shares of the game software company’s stock valued at $80,000 after acquiring an additional 68 shares during the last quarter. Institutional investors own 90.23% of the company’s stock.

Insider Buying and Selling

In other Electronic Arts news, CFO Stuart Canfield sold 1,500 shares of the company’s stock in a transaction dated Tuesday, February 17th. The shares were sold at an average price of $199.90, for a total transaction of $299,850.00. Following the completion of the sale, the chief financial officer directly owned 5,897 shares of the company’s stock, valued at approximately $1,178,810.30. This represents a 20.28% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Andrew Wilson sold 5,000 shares of the company’s stock in a transaction dated Monday, March 16th. The shares were sold at an average price of $199.95, for a total transaction of $999,750.00. Following the sale, the chief executive officer directly owned 28,858 shares of the company’s stock, valued at $5,770,157.10. This represents a 14.77% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 27,600 shares of company stock worth $5,553,319 in the last quarter. 0.24% of the stock is currently owned by corporate insiders.

Electronic Arts Stock Performance

Shares of NASDAQ EA opened at $203.87 on Wednesday. The stock’s fifty day simple moving average is $201.27 and its 200 day simple moving average is $199.94. The stock has a market capitalization of $51.02 billion, a price-to-earnings ratio of 76.64, a PEG ratio of 2.41 and a beta of 0.75. The company has a quick ratio of 0.93, a current ratio of 0.93 and a debt-to-equity ratio of 0.24. Electronic Arts Inc. has a 52-week low of $131.15 and a 52-week high of $204.88.

Electronic Arts Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 18th. Investors of record on Wednesday, February 25th were paid a $0.19 dividend. The ex-dividend date of this dividend was Wednesday, February 25th. This represents a $0.76 dividend on an annualized basis and a yield of 0.4%. Electronic Arts’s dividend payout ratio (DPR) is currently 28.57%.

Wall Street Analysts Forecast Growth

EA has been the topic of several recent research reports. UBS Group reaffirmed a “neutral” rating on shares of Electronic Arts in a research note on Wednesday, February 4th. Citigroup cut their target price on shares of Electronic Arts from $207.00 to $202.00 and set a “neutral” rating for the company in a research note on Wednesday, February 4th. Three analysts have rated the stock with a Buy rating, nineteen have given a Hold rating and one has assigned a Sell rating to the company’s stock. According to MarketBeat, the stock currently has an average rating of “Hold” and an average target price of $188.30.

About Electronic Arts

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.