Electronic Arts Inc. (NASDAQ:EA) SVP Jacob J. Schatz sold 1,000 shares of the company’s stock in a transaction on Tuesday, March 20th. The shares were sold at an average price of $125.77, for a total transaction of $125,770.00. Following the completion of the transaction, the senior vice president now owns 15,692 shares of the company’s stock, valued at approximately $1,973,582.84. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link.

Electronic Arts Inc. (EA) opened at $122.98 on Friday. Electronic Arts Inc. has a 1-year low of $87.94 and a 1-year high of $131.13. The company has a debt-to-equity ratio of 0.24, a current ratio of 1.92 and a quick ratio of 1.92. The stock has a market cap of $38,647.73, a PE ratio of 36.00, a price-to-earnings-growth ratio of 2.29 and a beta of 0.76.

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Electronic Arts (NASDAQ:EA) last issued its earnings results on Tuesday, January 30th. The game software company reported $2.06 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of $2.03 by $0.03. Electronic Arts had a net margin of 19.67% and a return on equity of 25.42%. The company had revenue of $1.97 billion during the quarter, compared to analysts’ expectations of $2.02 billion. equities research analysts anticipate that Electronic Arts Inc. will post 3.66 EPS for the current year.

A number of brokerages have recently commented on EA. Wedbush reaffirmed a “buy” rating on shares of Electronic Arts in a report on Tuesday, January 2nd. Vetr cut shares of Electronic Arts from a “strong-buy” rating to a “buy” rating and set a $112.73 target price for the company. in a report on Monday, January 1st. Goldman Sachs cut shares of Electronic Arts from a “conviction-buy” rating to a “buy” rating in a report on Tuesday, December 12th. SunTrust Banks set a $130.00 target price on shares of Electronic Arts and gave the company a “buy” rating in a report on Friday, January 12th. Finally, Oppenheimer reaffirmed a “buy” rating and issued a $130.00 target price on shares of Electronic Arts in a report on Wednesday, January 17th. Seven investment analysts have rated the stock with a hold rating, twenty-three have issued a buy rating and one has given a strong buy rating to the company. The company has an average rating of “Buy” and an average target price of $132.81.

Institutional investors have recently modified their holdings of the business. Twin Capital Management Inc. increased its holdings in Electronic Arts by 16.9% in the third quarter. Twin Capital Management Inc. now owns 87,560 shares of the game software company’s stock valued at $10,337,000 after buying an additional 12,640 shares in the last quarter. Pinebridge Investments L.P. increased its holdings in Electronic Arts by 50.6% in the third quarter. Pinebridge Investments L.P. now owns 4,302 shares of the game software company’s stock valued at $508,000 after buying an additional 1,446 shares in the last quarter. State of Alaska Department of Revenue increased its holdings in Electronic Arts by 368.4% in the fourth quarter. State of Alaska Department of Revenue now owns 40,509 shares of the game software company’s stock valued at $4,253,000 after buying an additional 31,860 shares in the last quarter. AMP Capital Investors Ltd increased its holdings in Electronic Arts by 7.8% in the third quarter. AMP Capital Investors Ltd now owns 201,750 shares of the game software company’s stock valued at $23,820,000 after buying an additional 14,519 shares in the last quarter. Finally, Fox Run Management L.L.C. purchased a new position in Electronic Arts in the fourth quarter valued at about $654,000. 95.45% of the stock is owned by institutional investors.

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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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