Zeke Capital Advisors LLC raised its holdings in shares of Electronic Arts Inc. (NASDAQ:EA) by 93.1% during the 3rd quarter, according to its most recent 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 5,312 shares of the game software company’s stock after acquiring an additional 2,561 shares during the period. Zeke Capital Advisors LLC’s holdings in Electronic Arts were worth $627,000 as of its most recent SEC filing.

A number of other institutional investors have also made changes to their positions in EA. Amalgamated Bank raised its stake in shares of Electronic Arts by 2.2% in the 3rd quarter. Amalgamated Bank now owns 36,299 shares of the game software company’s stock worth $4,285,000 after buying an additional 797 shares in the last quarter. Twin Capital Management Inc. raised its stake in shares of Electronic Arts by 16.9% in the 3rd quarter. Twin Capital Management Inc. now owns 87,560 shares of the game software company’s stock worth $10,337,000 after buying an additional 12,640 shares in the last quarter. Picton Mahoney Asset Management raised its stake in shares of Electronic Arts by 81.5% in the 3rd quarter. Picton Mahoney Asset Management now owns 244,100 shares of the game software company’s stock worth $28,818,000 after buying an additional 109,600 shares in the last quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS raised its stake in shares of Electronic Arts by 9.0% in the 3rd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 25,108 shares of the game software company’s stock worth $2,964,000 after buying an additional 2,075 shares in the last quarter. Finally, Legal & General Group Plc raised its stake in shares of Electronic Arts by 3.4% in the 3rd quarter. Legal & General Group Plc now owns 1,434,377 shares of the game software company’s stock worth $169,331,000 after buying an additional 47,206 shares in the last quarter. 93.79% of the stock is currently owned by hedge funds and other institutional investors.

A number of equities analysts recently issued reports on EA shares. Vetr cut Electronic Arts from a “strong-buy” rating to a “buy” rating and set a $121.82 target price on the stock. in a report on Wednesday. KeyCorp restated a “buy” rating and issued a $134.00 target price on shares of Electronic Arts in a report on Sunday, November 19th. Buckingham Research set a $143.00 target price on Electronic Arts and gave the stock a “buy” rating in a report on Sunday, November 19th. Oppenheimer restated a “buy” rating on shares of Electronic Arts in a report on Friday, November 17th. Finally, BMO Capital Markets decreased their target price on Electronic Arts from $100.00 to $97.00 and set a “market perform” rating on the stock in a report on Thursday, November 2nd. Five equities research analysts have rated the stock with a hold rating and twenty-four have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and an average price target of $123.26.

In related news, CEO Andrew Wilson sold 10,058 shares of Electronic Arts stock in a transaction on Friday, September 1st. The stock was sold at an average price of $119.56, for a total transaction of $1,202,534.48. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Blake J. Jorgensen sold 10,000 shares of Electronic Arts stock in a transaction on Thursday, September 7th. The shares were sold at an average price of $117.14, for a total value of $1,171,400.00. Following the sale, the chief financial officer now directly owns 199,614 shares of the company’s stock, valued at approximately $23,382,783.96. The disclosure for this sale can be found here. Insiders have sold 67,674 shares of company stock worth $7,879,362 in the last quarter. 2.55% of the stock is currently owned by corporate insiders.

Electronic Arts Inc. (NASDAQ EA) opened at $105.49 on Thursday. Electronic Arts Inc. has a twelve month low of $73.74 and a twelve month high of $122.79. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 0.23. The firm has a market capitalization of $33,708.59, a price-to-earnings ratio of 28.14, a PEG ratio of 1.79 and a beta of 0.65.

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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.

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Institutional Ownership by Quarter for Electronic Arts (NASDAQ:EA)

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