Davidson Investment Advisors increased its holdings in shares of Electronic Arts Inc. (NASDAQ:EA) by 0.3% during the third quarter, according to its most recent filing with the Securities & Exchange Commission. The firm owned 86,370 shares of the game software company’s stock after acquiring an additional 245 shares during the period. Davidson Investment Advisors’ holdings in Electronic Arts were worth $8,449,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of the company. Canada Pension Plan Investment Board lifted its stake in Electronic Arts by 23.3% in the 2nd quarter. Canada Pension Plan Investment Board now owns 366,573 shares of the game software company’s stock worth $37,119,000 after purchasing an additional 69,257 shares in the last quarter. Greenwood Capital Associates LLC lifted its stake in Electronic Arts by 99.2% in the 2nd quarter. Greenwood Capital Associates LLC now owns 67,982 shares of the game software company’s stock worth $6,884,000 after purchasing an additional 33,860 shares in the last quarter. Campbell & CO Investment Adviser LLC purchased a new position in Electronic Arts in the 2nd quarter worth approximately $598,000. Coastline Trust Co lifted its stake in Electronic Arts by 1.4% in the 2nd quarter. Coastline Trust Co now owns 15,430 shares of the game software company’s stock worth $1,562,000 after purchasing an additional 215 shares in the last quarter. Finally, Marathon Asset Management LLP lifted its stake in Electronic Arts by 2.0% in the 2nd quarter. Marathon Asset Management LLP now owns 317,563 shares of the game software company’s stock worth $32,156,000 after purchasing an additional 6,279 shares in the last quarter. Hedge funds and other institutional investors own 92.94% of the company’s stock.

A number of research firms have weighed in on EA. UBS Group decreased their target price on shares of Electronic Arts from $120.00 to $117.00 and set a “buy” rating on the stock in a research note on Wednesday, October 30th. TheStreet raised shares of Electronic Arts from a “c+” rating to a “b” rating in a research report on Tuesday, July 30th. Bank of America lifted their price target on shares of Electronic Arts from $100.00 to $102.00 and gave the company a “neutral” rating in a research report on Wednesday, July 31st. Cowen raised shares of Electronic Arts from a “market perform” rating to an “outperform” rating and set a $104.00 price target on the stock in a research report on Wednesday, July 31st. Finally, Barclays reaffirmed an “equal weight” rating on shares of Electronic Arts in a research report on Tuesday, October 22nd. Two research analysts have rated the stock with a sell rating, ten have assigned a hold rating and nineteen have assigned a buy rating to the company’s stock. The company has a consensus rating of “Buy” and a consensus price target of $108.77.

Electronic Arts stock traded down $0.79 during trading on Tuesday, hitting $95.60. The company had a trading volume of 14,259 shares, compared to its average volume of 3,194,487. Electronic Arts Inc. has a 1-year low of $73.91 and a 1-year high of $108.80. The company has a current ratio of 3.32, a quick ratio of 3.32 and a debt-to-equity ratio of 0.14. The company’s 50 day simple moving average is $96.25 and its 200-day simple moving average is $95.05. The stock has a market cap of $28.69 billion, a price-to-earnings ratio of 24.43, a price-to-earnings-growth ratio of 3.26 and a beta of 0.92.

In other Electronic Arts news, insider Vijayanthimala Singh sold 500 shares of the business’s stock in a transaction on Tuesday, September 3rd. The shares were sold at an average price of $92.73, for a total value of $46,365.00. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Andrew Wilson sold 9,000 shares of the business’s stock in a transaction on Friday, November 1st. The stock was sold at an average price of $96.10, for a total transaction of $864,900.00. The disclosure for this sale can be found here. In the last 90 days, insiders sold 51,700 shares of company stock valued at $4,983,124. Insiders own 2.18% of the company’s stock.

Electronic Arts Profile

Electronic Arts Inc develops, markets, publishes, and distributes games, content, and services for game consoles, PCs, mobile phones, and tablets worldwide. The company develops and publishes games and services across various genres, such as sports, first-person shooter, action, role-playing, and simulation primarily under the Battlefield, Mass Effect, Need for Speed, The Sims, and Plants v.

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

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