CMH Wealth Management LLC purchased a new stake in shares of Electronic Arts Inc. (NASDAQ:EA) during the 4th quarter, HoldingsChannel reports. The fund purchased 11,530 shares of the game software company’s stock, valued at approximately $1,262,000.

A number of other large investors also recently added to or reduced their stakes in EA. Tower Research Capital LLC TRC increased its stake in Electronic Arts by 310.8% in the second quarter. Tower Research Capital LLC TRC now owns 1,405 shares of the game software company’s stock worth $149,000 after purchasing an additional 1,063 shares during the period. Bessemer Group Inc. increased its stake in Electronic Arts by 144.5% in the third quarter. Bessemer Group Inc. now owns 1,325 shares of the game software company’s stock worth $157,000 after purchasing an additional 783 shares during the period. Dupont Capital Management Corp purchased a new stake in Electronic Arts in the third quarter worth $183,000. Captrust Financial Advisors purchased a new stake in Electronic Arts in the second quarter worth $195,000. Finally, GHP Investment Advisors Inc. purchased a new stake in Electronic Arts in the third quarter worth $202,000. Institutional investors own 93.51% of the company’s stock.

Shares of Electronic Arts Inc. (NASDAQ EA) traded up $1.13 during mid-day trading on Friday, reaching $113.13. The company had a trading volume of 3,467,371 shares, compared to its average volume of 3,887,844. Electronic Arts Inc. has a 12 month low of $78.89 and a 12 month high of $122.79. The company has a market capitalization of $34,930.00, a P/E ratio of 29.85, a P/E/G ratio of 1.85 and a beta of 0.61. The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.38 and a current ratio of 2.38.

A number of analysts have weighed in on the company. Morgan Stanley lowered Electronic Arts from an “overweight” rating to an “equal weight” rating and increased their target price for the stock from $112.00 to $126.00 in a research note on Friday. SunTrust Banks set a $130.00 target price on Electronic Arts and gave the stock a “buy” rating in a research note on Friday. Vetr lowered Electronic Arts from a “sell” rating to a “strong sell” rating and set a $99.63 target price on the stock. in a research note on Monday. BMO Capital Markets raised Electronic Arts from a “market perform” rating to an “outperform” rating and dropped their price target for the stock from $112.39 to $97.00 in a research report on Monday. They noted that the move was a valuation call. Finally, Zacks Investment Research downgraded Electronic Arts from a “hold” rating to a “sell” rating in a research report on Tuesday, January 2nd. Two research analysts have rated the stock with a sell rating, five have given a hold rating and twenty-three have issued a buy rating to the stock. The company presently has a consensus rating of “Buy” and an average price target of $122.26.

In related news, insider Andrew Wilson sold 10,058 shares of the firm’s stock in a transaction dated Wednesday, November 1st. The stock was sold at an average price of $113.81, for a total transaction of $1,144,700.98. The sale was disclosed in a filing with the SEC, which is available at this hyperlink. Also, SVP Jacob J. Schatz sold 1,000 shares of the firm’s stock in a transaction dated Friday, October 20th. The stock was sold at an average price of $113.60, for a total value of $113,600.00. Following the completion of the sale, the senior vice president now directly owns 20,950 shares of the company’s stock, valued at approximately $2,379,920. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 67,516 shares of company stock worth $7,357,395. 2.55% of the stock is owned by corporate insiders.

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About Electronic Arts

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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