Electronic Arts Inc. (NASDAQ:EA) Shares Bought by Banco Bilbao Vizcaya Argentaria S.A.

Banco Bilbao Vizcaya Argentaria S.A. lifted its holdings in Electronic Arts Inc. (NASDAQ:EA - Free Report) by 4.3% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 171,136 shares of the game software company's stock after acquiring an additional 7,115 shares during the period. Banco Bilbao Vizcaya Argentaria S.A. owned 0.07% of Electronic Arts worth $25,150,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the stock. Capital International Investors raised its stake in shares of Electronic Arts by 5.2% in the fourth quarter. Capital International Investors now owns 12,156,791 shares of the game software company's stock valued at $1,778,553,000 after acquiring an additional 605,796 shares during the period. Geode Capital Management LLC lifted its stake in Electronic Arts by 0.5% in the fourth quarter. Geode Capital Management LLC now owns 6,702,586 shares of the game software company's stock worth $978,650,000 after purchasing an additional 30,929 shares during the last quarter. Massachusetts Financial Services Co. MA grew its stake in shares of Electronic Arts by 6.5% during the fourth quarter. Massachusetts Financial Services Co. MA now owns 4,430,409 shares of the game software company's stock valued at $648,169,000 after buying an additional 270,991 shares during the last quarter. Invesco Ltd. grew its stake in shares of Electronic Arts by 3.9% during the fourth quarter. Invesco Ltd. now owns 3,228,721 shares of the game software company's stock valued at $472,362,000 after buying an additional 120,632 shares during the last quarter. Finally, Amundi lifted its stake in shares of Electronic Arts by 4.3% during the 4th quarter. Amundi now owns 2,990,729 shares of the game software company's stock worth $431,315,000 after acquiring an additional 122,494 shares during the last quarter. Hedge funds and other institutional investors own 90.23% of the company's stock.

Insider Buying and Selling at Electronic Arts

In related news, CEO Andrew Wilson sold 5,000 shares of the company's stock in a transaction dated Thursday, February 20th. The stock was sold at an average price of $130.14, for a total value of $650,700.00. Following the completion of the transaction, the chief executive officer now owns 37,615 shares of the company's stock, valued at approximately $4,895,216.10. This represents a 11.73 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, insider Laura Miele sold 2,500 shares of the stock in a transaction that occurred on Thursday, February 6th. The stock was sold at an average price of $130.83, for a total value of $327,075.00. Following the transaction, the insider now owns 47,514 shares in the company, valued at $6,216,256.62. This represents a 5.00 % decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders sold 22,000 shares of company stock worth $3,032,740. Insiders own 0.22% of the company's stock.

Analysts Set New Price Targets

EA has been the topic of a number of recent analyst reports. Benchmark increased their target price on Electronic Arts from $140.00 to $160.00 and gave the stock a "buy" rating in a research note on Monday, March 24th. Morgan Stanley decreased their price objective on shares of Electronic Arts from $150.00 to $135.00 and set an "equal weight" rating for the company in a report on Thursday, April 17th. JPMorgan Chase & Co. upped their target price on shares of Electronic Arts from $125.00 to $135.00 and gave the stock a "neutral" rating in a research note on Tuesday, April 22nd. Roth Mkm decreased their price target on shares of Electronic Arts from $158.00 to $134.00 and set a "neutral" rating for the company in a research note on Thursday, January 23rd. Finally, Wedbush reiterated an "outperform" rating and issued a $173.00 target price on shares of Electronic Arts in a report on Thursday, January 23rd. Thirteen analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of "Hold" and a consensus price target of $154.22.

Electronic Arts Stock Performance

EA stock traded up $0.41 during midday trading on Friday, reaching $146.60. The stock had a trading volume of 1,836,648 shares, compared to its average volume of 2,650,466. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.38 and a current ratio of 1.38. The firm has a fifty day simple moving average of $139.36 and a two-hundred day simple moving average of $144.47. The stock has a market cap of $38.21 billion, a PE ratio of 37.30, a P/E/G ratio of 3.58 and a beta of 0.79. Electronic Arts Inc. has a 52-week low of $115.21 and a 52-week high of $168.50.

Electronic Arts (NASDAQ:EA - Get Free Report) last issued its quarterly earnings results on Tuesday, February 4th. The game software company reported $2.34 earnings per share for the quarter, missing the consensus estimate of $3.41 by ($1.07). Electronic Arts had a return on equity of 17.80% and a net margin of 14.28%. As a group, equities research analysts anticipate that Electronic Arts Inc. will post 4.71 EPS for the current year.

Electronic Arts Announces Dividend

The business also recently declared a quarterly dividend, which was paid on Wednesday, March 19th. Shareholders of record on Wednesday, February 26th were given a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 0.52%. The ex-dividend date was Wednesday, February 26th. Electronic Arts's dividend payout ratio is currently 19.34%.

Electronic Arts Profile

Electronic Arts Inc develops, markets, publishes, and distributes games, content, and services for game consoles, PCs, mobile phones, and tablets worldwide. It develops and publishes games and services across various genres, such as sports, racing, first-person shooter, action, role-playing, and simulation primarily under the Battlefield, The Sims, Apex Legends, Need for Speed, and license games from others, including FIFA, Madden NFL, UFC, and Star Wars brands.