Electronic Arts Inc. (NASDAQ:EA) General Counsel Jacob J. Schatz sold 1,000 shares of the firm’s stock in a transaction on Thursday, September 20th. The shares were sold at an average price of $113.42, for a total value of $113,420.00. Following the completion of the transaction, the general counsel now owns 18,029 shares of the company’s stock, valued at approximately $2,044,849.18. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link.

Jacob J. Schatz also recently made the following trade(s):

  • On Monday, August 20th, Jacob J. Schatz sold 1,000 shares of Electronic Arts stock. The shares were sold at an average price of $128.00, for a total value of $128,000.00.

EA opened at $115.02 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 3.84 and a quick ratio of 3.84. The stock has a market capitalization of $35.06 billion, a price-to-earnings ratio of 30.59, a price-to-earnings-growth ratio of 1.97 and a beta of 0.55. Electronic Arts Inc. has a 12 month low of $99.63 and a 12 month high of $151.26.

Electronic Arts (NASDAQ:EA) last posted its quarterly earnings results on Thursday, July 26th. The game software company reported $0.07 EPS for the quarter, beating the consensus estimate of ($0.12) by $0.19. The company had revenue of $749.00 million during the quarter, compared to analysts’ expectations of $742.86 million. Electronic Arts had a return on equity of 25.31% and a net margin of 14.30%. The firm’s revenue was down 3.4% on a year-over-year basis. During the same quarter in the previous year, the business earned $2.06 EPS. sell-side analysts forecast that Electronic Arts Inc. will post 3.89 EPS for the current fiscal year.

EA has been the subject of a number of recent research reports. Credit Suisse Group lifted their price objective on Electronic Arts from $143.00 to $155.00 and gave the stock an “outperform” rating in a research report on Wednesday, July 25th. BidaskClub cut Electronic Arts from a “strong-buy” rating to a “buy” rating in a research report on Wednesday, July 25th. Piper Jaffray Companies lifted their price objective on Electronic Arts to $165.00 and gave the stock an “overweight” rating in a research report on Wednesday, July 25th. Wedbush reiterated a “buy” rating and set a $158.00 price objective on shares of Electronic Arts in a research report on Monday, July 23rd. Finally, Morgan Stanley lifted their price objective on Electronic Arts from $126.00 to $130.00 and gave the stock an “equal weight” rating in a research report on Wednesday, July 11th. One equities research analyst has rated the stock with a sell rating, six have assigned a hold rating, twenty-one have issued a buy rating and one has issued a strong buy rating to the company’s stock. Electronic Arts has a consensus rating of “Buy” and an average target price of $142.48.

Institutional investors and hedge funds have recently bought and sold shares of the business. Kaizen Advisory LLC grew its holdings in Electronic Arts by 159.5% in the 2nd quarter. Kaizen Advisory LLC now owns 763 shares of the game software company’s stock valued at $108,000 after buying an additional 469 shares during the period. Alpha Windward LLC acquired a new position in shares of Electronic Arts in the 2nd quarter valued at about $113,000. Sun Life Financial INC lifted its stake in shares of Electronic Arts by 389.4% in the 2nd quarter. Sun Life Financial INC now owns 832 shares of the game software company’s stock valued at $117,000 after purchasing an additional 662 shares in the last quarter. Private Capital Group LLC lifted its stake in shares of Electronic Arts by 781.5% in the 1st quarter. Private Capital Group LLC now owns 952 shares of the game software company’s stock valued at $115,000 after purchasing an additional 844 shares in the last quarter. Finally, Wealthcare Advisory Partners LLC lifted its stake in shares of Electronic Arts by 33,333.3% in the 1st quarter. Wealthcare Advisory Partners LLC now owns 1,003 shares of the game software company’s stock valued at $122,000 after purchasing an additional 1,000 shares in the last quarter. Institutional investors own 92.88% of the company’s stock.

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

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