Electronic Arts Inc. (NASDAQ:EA) CEO Andrew Wilson Sells 2,500 Shares

Electronic Arts Inc. (NASDAQ:EA - Get Free Report) CEO Andrew Wilson sold 2,500 shares of the company's stock in a transaction dated Friday, October 25th. The shares were sold at an average price of $145.87, for a total transaction of $364,675.00. Following the completion of the sale, the chief executive officer now directly owns 51,747 shares in the company, valued at approximately $7,548,334.89. The trade was a 0.00 % decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through this link.

Andrew Wilson also recently made the following trade(s):

• On Wednesday, September 25th, Andrew Wilson sold 2,500 shares of Electronic Arts stock. The shares were sold at an average price of $141.50, for a total transaction of $353,750.00.
• On Monday, August 26th, Andrew Wilson sold 2,500 shares of Electronic Arts stock. The shares were sold at an average price of $148.88, for a total transaction of $372,200.00.

Electronic Arts Price Performance

Shares of Electronic Arts stock traded up $1.44 on Tuesday, reaching $145.62. 2,699,361 shares of the stock were exchanged, compared to its average volume of 2,049,727. The firm's 50 day moving average is $144.90 and its 200-day moving average is $139.76. Electronic Arts Inc. has a one year low of $119.92 and a one year high of $153.51. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.45 and a current ratio of 1.45. The firm has a market cap of $38.70 billion, a PE ratio of 30.81, a P/E/G ratio of 1.97 and a beta of 0.79.

Electronic Arts (NASDAQ:EA - Get Free Report) last issued its quarterly earnings data on Tuesday, July 30th. The game software company reported $0.09 EPS for the quarter, beating the consensus estimate of $0.03 by $0.06. The business had revenue of $1.26 billion during the quarter, compared to the consensus estimate of $1.21 billion. Electronic Arts had a net margin of 15.77% and a return on equity of 16.34%. As a group, analysts anticipate that Electronic Arts Inc. will post 5.93 EPS for the current fiscal year.

Hedge Funds Weigh In On Electronic Arts

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. North Star Investment Management Corp. lifted its stake in Electronic Arts by 333.3% in the 1st quarter. North Star Investment Management Corp. now owns 195 shares of the game software company's stock valued at $26,000 after purchasing an additional 150 shares during the last quarter. Redmont Wealth Advisors LLC bought a new position in shares of Electronic Arts during the first quarter valued at $27,000. Opal Wealth Advisors LLC bought a new position in shares of Electronic Arts during the second quarter valued at $28,000. Family Firm Inc. bought a new position in shares of Electronic Arts during the second quarter valued at $33,000. Finally, Reston Wealth Management LLC bought a new position in shares of Electronic Arts during the third quarter valued at $36,000. Institutional investors own 90.23% of the company's stock.

Analyst Ratings Changes

A number of brokerages recently commented on EA. BNP Paribas upgraded shares of Electronic Arts to a "strong-buy" rating in a research note on Wednesday, October 9th. Roth Mkm reiterated a "neutral" rating and issued a $154.00 price target on shares of Electronic Arts in a research note on Thursday, September 19th. Bank of America upped their price target on shares of Electronic Arts from $150.00 to $170.00 and gave the company a "buy" rating in a research note on Wednesday, July 31st. BMO Capital Markets reiterated an "outperform" rating and issued a $154.00 price target on shares of Electronic Arts in a research note on Wednesday, October 16th. Finally, Wedbush reiterated an "outperform" rating and issued a $170.00 price target on shares of Electronic Arts in a research note on Friday. Eight analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has issued a strong buy rating to the stock. Based on data from MarketBeat, Electronic Arts has a consensus rating of "Moderate Buy" and a consensus price target of $162.76.

Electronic Arts Company 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.

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