11,530 Shares in Electronic Arts Inc. (EA) Acquired by CMH Wealth Management LLC
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.
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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