Electronic Arts Inc. (NASDAQ:EA) EVP Chris Bruzzo sold 1,500 shares of the stock in a transaction on Monday, October 2nd. The stock was sold at an average price of $118.10, for a total transaction of $177,150.00. The transaction was disclosed in a document filed with the SEC, which is available at this hyperlink.

Chris Bruzzo also recently made the following trade(s):

  • On Friday, September 1st, Chris Bruzzo sold 1,500 shares of Electronic Arts stock. The stock was sold at an average price of $119.54, for a total transaction of $179,310.00.

Shares of Electronic Arts Inc. (EA) traded up 0.51% during mid-day trading on Wednesday, reaching $118.56. 1,642,436 shares of the company’s stock traded hands. The firm’s 50 day moving average price is $118.39 and its 200-day moving average price is $108.07. The stock has a market cap of $36.60 billion, a price-to-earnings ratio of 31.74 and a beta of 0.69. Electronic Arts Inc. has a 12-month low of $73.74 and a 12-month high of $122.79.

Electronic Arts (NASDAQ:EA) last issued its quarterly earnings data on Thursday, July 27th. The game software company reported $0.36 earnings per share for the quarter, topping the Thomson Reuters’ consensus estimate of $0.14 by $0.22. Electronic Arts had a net margin of 23.31% and a return on equity of 29.77%. The firm had revenue of $775.00 million for the quarter, compared to analysts’ expectations of $768.47 million. During the same quarter in the prior year, the business earned $0.07 EPS. The business’s quarterly revenue was up 13.6% on a year-over-year basis. Equities research analysts forecast that Electronic Arts Inc. will post $4.24 earnings per share for the current year.

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Large investors have recently modified their holdings of the company. Guardian Life Insurance Co. of America lifted its stake in shares of Electronic Arts by 2.9% in the 1st quarter. Guardian Life Insurance Co. of America now owns 1,190 shares of the game software company’s stock worth $107,000 after purchasing an additional 34 shares during the period. Invictus RG lifted its stake in shares of Electronic Arts by 722.0% in the 1st quarter. Invictus RG now owns 1,307 shares of the game software company’s stock worth $117,000 after purchasing an additional 1,148 shares during the period. D. Scott Neal Inc. bought a new position in shares of Electronic Arts in the 2nd quarter worth approximately $120,000. Tower Research Capital LLC TRC lifted its stake in shares of Electronic Arts by 310.8% in the 2nd 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. Finally, Captrust Financial Advisors bought a new position in shares of Electronic Arts in the 2nd quarter worth approximately $195,000. Hedge funds and other institutional investors own 93.84% of the company’s stock.

Several research firms have recently weighed in on EA. Jefferies Group LLC reiterated a “buy” rating and set a $135.00 price objective on shares of Electronic Arts in a research report on Thursday, August 31st. BidaskClub upgraded shares of Electronic Arts from a “buy” rating to a “strong-buy” rating in a research report on Friday, September 1st. Benchmark Co. increased their price objective on shares of Electronic Arts from $136.00 to $142.00 and gave the stock a “buy” rating in a research report on Wednesday, September 13th. Buckingham Research initiated coverage on shares of Electronic Arts in a report on Wednesday, September 20th. They issued a “buy” rating and a $143.00 price target for the company. Finally, Goldman Sachs Group, Inc. (The) initiated coverage on shares of Electronic Arts in a report on Friday, September 8th. They issued a “buy” rating and a $136.00 price target for the company. Four analysts have rated the stock with a hold rating, twenty-three have given a buy rating and one has given a strong buy rating to the company’s stock. The company has an average rating of “Buy” and a consensus target price of $119.43.

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.

Insider Buying and Selling by Quarter for Electronic Arts (NASDAQ:EA)

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