Electronic Arts Inc. (NASDAQ:EA – Get Free Report) CEO Andrew Wilson sold 5,000 shares of the stock in a transaction dated Monday, June 15th. The shares were sold at an average price of $203.12, for a total value of $1,015,600.00. Following the completion of the transaction, the chief executive officer directly owned 80,974 shares of the company’s stock, valued at $16,447,438.88. This represents a 5.82% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Andrew Wilson also recently made the following trade(s):
- On Thursday, May 21st, Andrew Wilson sold 5,066 shares of Electronic Arts stock. The shares were sold at an average price of $201.66, for a total value of $1,021,609.56.
- On Monday, May 18th, Andrew Wilson sold 2,240 shares of Electronic Arts stock. The shares were sold at an average price of $201.11, for a total value of $450,486.40.
- On Friday, May 15th, Andrew Wilson sold 5,000 shares of Electronic Arts stock. The shares were sold at an average price of $200.54, for a total value of $1,002,700.00.
- On Wednesday, April 15th, Andrew Wilson sold 5,000 shares of Electronic Arts stock. The shares were sold at an average price of $203.21, for a total value of $1,016,050.00.
Electronic Arts Trading Down 0.0%
Shares of EA opened at $203.02 on Wednesday. The company has a market capitalization of $50.91 billion, a P/E ratio of 58.17, a P/E/G ratio of 2.29 and a beta of 0.65. Electronic Arts Inc. has a one year low of $146.97 and a one year high of $204.88. The company has a debt-to-equity ratio of 0.22, a quick ratio of 1.05 and a current ratio of 1.05. The stock has a 50-day moving average price of $202.21 and a 200 day moving average price of $202.38.
Electronic Arts Announces Dividend
Wall Street Analyst Weigh In
A number of research analysts have commented on the company. Argus downgraded Electronic Arts from a “buy” rating to a “hold” rating in a report on Thursday, May 28th. Weiss Ratings raised Electronic Arts from a “hold (c)” rating to a “hold (c+)” rating in a report on Monday, May 18th. Wall Street Zen raised Electronic Arts to a “hold” rating in a report on Saturday, June 6th. Finally, Citigroup increased their target price on Electronic Arts from $202.00 to $204.00 and gave the stock a “neutral” rating in a report on Thursday, May 7th. Two equities research analysts have rated the stock with a Buy rating, seventeen have given a Hold rating and one has given a Sell rating to the company. According to MarketBeat, the stock has a consensus rating of “Hold” and a consensus target price of $196.64.
Get Our Latest Analysis on Electronic Arts
Institutional Inflows and Outflows
A number of large investors have recently bought and sold shares of the company. Pentwater Capital Management LP lifted its holdings in shares of Electronic Arts by 128.1% in the 4th quarter. Pentwater Capital Management LP now owns 10,950,000 shares of the game software company’s stock worth $2,237,414,000 after purchasing an additional 6,150,000 shares during the last quarter. Norges Bank bought a new stake in shares of Electronic Arts in the 4th quarter worth approximately $643,674,000. HBK Investments L P bought a new stake in shares of Electronic Arts in the 4th quarter worth approximately $390,267,000. Ameriprise Financial Inc. lifted its holdings in shares of Electronic Arts by 44.6% in the 2nd quarter. Ameriprise Financial Inc. now owns 4,217,029 shares of the game software company’s stock worth $673,393,000 after purchasing an additional 1,300,336 shares during the last quarter. Finally, Voloridge Investment Management LLC bought a new stake in shares of Electronic Arts in the 4th quarter worth approximately $165,153,000. Institutional investors own 90.23% of the company’s stock.
Electronic Arts News Summary
Here are the key news stories impacting Electronic Arts this week:
- Positive Sentiment: EA launched EA Advertising, a new platform that places brands directly into gameplay and live experiences, potentially expanding the company’s monetization beyond game sales and recurring services. Electronic Arts Introduces EA Advertising, Launching Brands Directly Into Gameplay and Live Experiences
- Neutral Sentiment: Multiple outlets highlighted EA’s new ad strategy, describing it as a push to integrate ads more naturally into sports and gameplay experiences; the news may support longer-term revenue growth, but investor reaction may depend on how players respond. Electronic Arts launches a new way to advertise directly into gameplay
- Positive Sentiment: Coverage also emphasized EA’s pending $55 billion buyout, which continues to provide deal-driven support for the stock as investors look for clarity on the transaction’s progress. Electronic Arts (EA) Shows Why Its $55 Billion Buyout Case Rests on More Than Deal Momentum
- Neutral Sentiment: Oak-Eagle AcquireCo extended the expiration and settlement dates for the tender offers and consent solicitations tied to EA’s senior notes, which signals the acquisition process is still moving but also highlights that the deal remains in progress rather than completed. Oak-Eagle AcquireCo, Inc. Announces Extension of the Expiration Time and Settlement Date
Electronic Arts Company Profile
Electronic Arts Inc (NASDAQ: EA) is a global interactive entertainment company headquartered in Redwood City, California. Founded in 1982 by Trip Hawkins, EA develops, publishes and distributes video games and related content for a variety of platforms, including consoles, personal computers and mobile devices. The company combines in-house development, partnerships and studio acquisitions to create and maintain a portfolio of entertainment properties and live-service experiences for players worldwide.
EA’s product lineup spans several well-known franchises and genres.
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