Oxford Asset Management LLP Makes New $925,000 Investment in Electronic Arts Inc. (NASDAQ:EA)

Oxford Asset Management LLP purchased a new position in shares of Electronic Arts Inc. (NASDAQ:EA - Free Report) during the 4th quarter, according to its most recent Form 13F filing with the SEC. The fund purchased 6,325 shares of the game software company's stock, valued at approximately $925,000.

Other large investors also recently modified their holdings of the company. Pinnacle Bancorp Inc. increased its holdings in Electronic Arts by 141.0% during the fourth quarter. Pinnacle Bancorp Inc. now owns 200 shares of the game software company's stock worth $29,000 after buying an additional 117 shares during the last quarter. Whipplewood Advisors LLC bought a new stake in shares of Electronic Arts in the 4th quarter valued at about $32,000. Millstone Evans Group LLC acquired a new stake in Electronic Arts in the 4th quarter valued at about $37,000. SBI Securities Co. Ltd. bought a new position in Electronic Arts during the fourth quarter worth about $41,000. Finally, OFI Invest Asset Management acquired a new position in Electronic Arts during the fourth quarter worth approximately $42,000. 90.23% of the stock is currently owned by institutional investors and hedge funds.

Analyst Ratings Changes

A number of research firms recently weighed in on EA. Morgan Stanley decreased their target price on Electronic Arts from $150.00 to $135.00 and set an "equal weight" rating on the stock in a report on Thursday, April 17th. UBS Group raised their price objective on shares of Electronic Arts from $138.00 to $152.00 and gave the stock a "neutral" rating in a research report on Thursday, April 3rd. DA Davidson assumed coverage on Electronic Arts in a research report on Wednesday, February 19th. They issued a "neutral" rating and a $140.00 target price on the stock. 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. Finally, Raymond James downgraded Electronic Arts from an "outperform" rating to a "market perform" rating in a research note on Thursday, January 23rd. Thirteen investment analysts have rated the stock with a hold rating and eleven have given a buy rating to the stock. According to data from MarketBeat.com, Electronic Arts has an average rating of "Hold" and an average target price of $154.22.

Insiders Place Their Bets

In other Electronic Arts news, insider Laura Miele sold 2,500 shares of the stock in a transaction dated Thursday, February 6th. The stock was sold at an average price of $130.83, for a total transaction of $327,075.00. Following the completion of the sale, the insider now directly owns 47,514 shares in the company, valued at approximately $6,216,256.62. This trade represents a 5.00 % decrease in their position. The sale was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Andrew Wilson sold 5,000 shares of the company's stock in a transaction dated Tuesday, April 22nd. The shares were sold at an average price of $145.37, for a total value of $726,850.00. Following the sale, the chief executive officer now owns 27,615 shares in the company, valued at approximately $4,014,392.55. The trade was a 15.33 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold 22,000 shares of company stock valued at $3,032,740 in the last ninety days. 0.22% of the stock is currently owned by insiders.

Electronic Arts Price Performance

Shares of NASDAQ EA traded down $0.75 during midday trading on Tuesday, reaching $145.97. 2,233,184 shares of the company were exchanged, compared to its average volume of 2,654,636. The stock's 50-day moving average price is $140.02 and its 200-day moving average price is $144.52. The stock has a market cap of $38.04 billion, a P/E ratio of 37.14, a PEG ratio of 3.58 and a beta of 0.79. The company has a quick ratio of 1.38, a current ratio of 1.38 and a debt-to-equity ratio of 0.25. Electronic Arts Inc. has a one year low of $115.21 and a one year high of $168.50.

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

Electronic Arts Dividend Announcement

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

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.