Fox Run Management L.L.C. acquired a new stake in shares of Electronic Arts Inc. (NASDAQ:EA) during the fourth quarter, HoldingsChannel reports. The fund acquired 6,229 shares of the game software company’s stock, valued at approximately $654,000.

Other institutional investors also recently modified their holdings of the company. Renaissance Technologies LLC increased its holdings in Electronic Arts by 928.4% during the second quarter. Renaissance Technologies LLC now owns 2,586,064 shares of the game software company’s stock valued at $273,399,000 after buying an additional 2,334,600 shares during the last quarter. Assenagon Asset Management S.A. purchased a new stake in Electronic Arts during the third quarter valued at approximately $148,789,000. Arrowstreet Capital Limited Partnership increased its holdings in Electronic Arts by 145.2% during the second quarter. Arrowstreet Capital Limited Partnership now owns 1,208,784 shares of the game software company’s stock valued at $127,793,000 after buying an additional 715,862 shares during the last quarter. Janus Henderson Group PLC increased its holdings in Electronic Arts by 65.0% during the second quarter. Janus Henderson Group PLC now owns 1,425,278 shares of the game software company’s stock valued at $150,688,000 after buying an additional 561,322 shares during the last quarter. Finally, Point72 Asset Management L.P. increased its holdings in Electronic Arts by 49.6% during the third quarter. Point72 Asset Management L.P. now owns 1,570,034 shares of the game software company’s stock valued at $185,358,000 after buying an additional 520,560 shares during the last quarter. Institutional investors own 93.55% of the company’s stock.

In other Electronic Arts news, CFO Blake J. Jorgensen sold 10,000 shares of the stock in a transaction on Tuesday, November 7th. The shares were sold at an average price of $111.94, for a total transaction of $1,119,400.00. Following the completion of the transaction, the chief financial officer now owns 182,814 shares in the company, valued at $20,464,199.16. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Also, insider Andrew Wilson sold 10,058 shares of the stock in a transaction on Wednesday, November 1st. The shares were sold at an average price of $113.81, for a total transaction of $1,144,700.98. The disclosure for this sale can be found here. Insiders have sold 66,516 shares of company stock valued at $7,243,795 over the last ninety days. 2.55% of the stock is currently owned by corporate insiders.

Electronic Arts Inc. (NASDAQ:EA) opened at $116.18 on Monday. The firm has a market cap of $35,774.77, a price-to-earnings ratio of 30.57, a P/E/G ratio of 1.91 and a beta of 0.61. Electronic Arts Inc. has a 52 week low of $78.89 and a 52 week high of $122.79. The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.38 and a current ratio of 2.38.

Electronic Arts (NASDAQ:EA) last posted its earnings results on Tuesday, October 31st. The game software company reported $0.50 earnings per share for the quarter, beating the Thomson Reuters’ consensus estimate of $0.40 by $0.10. Electronic Arts had a net margin of 23.35% and a return on equity of 28.92%. equities analysts predict that Electronic Arts Inc. will post 3.69 EPS for the current fiscal year.

A number of analysts have commented on EA shares. Wedbush set a $136.00 target price on shares of Electronic Arts and gave the company a “buy” rating in a report on Wednesday, November 1st. Needham & Company LLC reaffirmed a “buy” rating and set a $130.00 target price on shares of Electronic Arts in a report on Friday, October 13th. Piper Jaffray Companies reaffirmed a “buy” rating and set a $128.00 target price on shares of Electronic Arts in a report on Thursday, October 12th. SunTrust Banks started coverage on shares of Electronic Arts in a report on Tuesday, October 10th. They set a “buy” rating and a $133.00 target price for the company. Finally, Stifel Nicolaus reissued a “buy” rating and issued a $127.00 price objective on shares of Electronic Arts in a research note on Friday, October 6th. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and twenty-four have given a buy rating to the stock. The stock has a consensus rating of “Buy” and an average target price of $122.85.

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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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