Electronic Arts Inc. (NASDAQ:EA) EVP Chris Bruzzo sold 1,500 shares of the business’s stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $105.80, for a total transaction of $158,700.00. Following the completion of the sale, the executive vice president now directly owns 38,562 shares in the company, valued at approximately $4,079,859.60. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through the SEC website.

Chris Bruzzo also recently made the following trade(s):

  • On Wednesday, November 1st, Chris Bruzzo sold 1,500 shares of Electronic Arts stock. The shares were sold at an average price of $113.78, for a total transaction of $170,670.00.
  • On Monday, October 2nd, Chris Bruzzo sold 1,500 shares of Electronic Arts stock. The shares were sold at an average price of $118.10, for a total transaction of $177,150.00.

Electronic Arts Inc. (EA) traded up $2.55 during mid-day trading on Wednesday, reaching $103.38. 4,582,200 shares of the company’s stock were exchanged, compared to its average volume of 2,944,238. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 0.23. Electronic Arts Inc. has a fifty-two week low of $76.42 and a fifty-two week high of $122.79. The stock has a market cap of $31,048.12, a PE ratio of 25.92, a PEG ratio of 1.66 and a beta of 0.61.

A number of hedge funds have recently added to or reduced their stakes in the business. Bessemer Group Inc. boosted its stake in shares of Electronic Arts by 144.5% in the 3rd quarter. Bessemer Group Inc. now owns 1,325 shares of the game software company’s stock valued at $157,000 after purchasing an additional 783 shares in the last quarter. Tower Research Capital LLC TRC boosted its stake in shares of Electronic Arts by 310.8% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,405 shares of the game software company’s stock valued at $149,000 after purchasing an additional 1,063 shares in the last quarter. Dupont Capital Management Corp purchased a new stake in shares of Electronic Arts in the 3rd quarter valued at $183,000. GHP Investment Advisors Inc. purchased a new stake in shares of Electronic Arts in the 3rd quarter valued at $202,000. Finally, Texas Yale Capital Corp. purchased a new stake in shares of Electronic Arts in the 3rd quarter valued at $205,000. 93.78% of the stock is owned by institutional investors and hedge funds.

Several equities analysts recently commented on the stock. KeyCorp reaffirmed a “buy” rating and set a $134.00 price objective on shares of Electronic Arts in a research note on Friday, August 25th. Jefferies Group reaffirmed a “buy” rating and set a $135.00 price objective on shares of Electronic Arts in a research note on Thursday, August 31st. BidaskClub raised shares of Electronic Arts from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 1st. Cowen reaffirmed a “hold” rating and set a $106.00 price objective on shares of Electronic Arts in a research note on Friday, September 8th. Finally, Goldman Sachs Group assumed coverage on shares of Electronic Arts in a research note on Friday, September 8th. They set a “buy” rating and a $136.00 price objective for the company. Five analysts have rated the stock with a hold rating and twenty-four have issued a buy rating to the stock. The stock currently has a consensus rating of “Buy” and an average price target of $123.26.

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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.

Insider Buying and Selling by Quarter for Electronic Arts (NASDAQ:EA)

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