Electronic Arts (NASDAQ:EA) had its price target boosted by Morgan Stanley from $95.00 to $100.00 in a report issued on Tuesday morning, BenzingaRatingsTable reports. Morgan Stanley currently has an equal weight rating on the game software company’s stock.

Other equities analysts have also issued research reports about the stock. SunTrust Banks boosted their target price on shares of Electronic Arts from $107.00 to $113.00 and gave the stock a buy rating in a research report on Monday, December 9th. Benchmark lifted their price target on shares of Electronic Arts from $129.00 to $137.00 and gave the stock a buy rating in a research note on Monday, January 6th. ValuEngine upgraded shares of Electronic Arts from a sell rating to a hold rating in a research note on Tuesday, December 24th. Piper Jaffray Companies decreased their price target on shares of Electronic Arts from $112.00 to $106.00 and set an overweight rating on the stock in a research note on Wednesday, October 30th. Finally, Wedbush reiterated an outperform rating on shares of Electronic Arts in a research note on Wednesday, October 30th. One analyst has rated the stock with a sell rating, ten have issued a hold rating and nineteen have given a buy rating to the company’s stock. The company has a consensus rating of Buy and a consensus price target of $112.32.

Shares of NASDAQ:EA traded down $1.69 during trading on Tuesday, reaching $111.79. The stock had a trading volume of 1,418,474 shares, compared to its average volume of 1,771,917. Electronic Arts has a 52 week low of $78.00 and a 52 week high of $114.04. The firm has a market capitalization of $33.02 billion, a price-to-earnings ratio of 12.16, a P/E/G ratio of 2.31 and a beta of 0.93. The company has a quick ratio of 3.32, a current ratio of 3.32 and a debt-to-equity ratio of 0.14. The stock has a fifty day simple moving average of $107.80 and a two-hundred day simple moving average of $99.43.

Electronic Arts (NASDAQ:EA) last released its quarterly earnings results on Tuesday, October 29th. The game software company reported $0.71 EPS for the quarter, beating the Zacks’ consensus estimate of $0.63 by $0.08. Electronic Arts had a net margin of 54.01% and a return on equity of 17.54%. The company had revenue of $1.28 billion for the quarter, compared to analyst estimates of $1.24 billion. On average, analysts forecast that Electronic Arts will post 3.75 EPS for the current year.

In other Electronic Arts news, insider Vijayanthimala Singh sold 500 shares of the business’s stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $97.12, for a total transaction of $48,560.00. Following the completion of the sale, the insider now directly owns 10,723 shares of the company’s stock, valued at approximately $1,041,417.76. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CMO Chris Bruzzo sold 1,800 shares of the business’s stock in a transaction dated Friday, November 1st. The stock was sold at an average price of $96.12, for a total value of $173,016.00. Following the sale, the chief marketing officer now directly owns 34,273 shares of the company’s stock, valued at $3,294,320.76. The disclosure for this sale can be found here. In the last quarter, insiders have sold 95,373 shares of company stock worth $9,925,360. 2.18% of the stock is owned by corporate insiders.

A number of large investors have recently made changes to their positions in the business. Massachusetts Financial Services Co. MA increased its stake in shares of Electronic Arts by 1.9% in the 3rd quarter. Massachusetts Financial Services Co. MA now owns 9,913,571 shares of the game software company’s stock valued at $969,745,000 after acquiring an additional 187,135 shares during the last quarter. Waddell & Reed Financial Inc. increased its stake in shares of Electronic Arts by 6.1% in the 2nd quarter. Waddell & Reed Financial Inc. now owns 4,327,338 shares of the game software company’s stock valued at $438,186,000 after acquiring an additional 247,824 shares during the last quarter. Nuveen Asset Management LLC increased its stake in shares of Electronic Arts by 24,877.3% in the 2nd quarter. Nuveen Asset Management LLC now owns 3,698,642 shares of the game software company’s stock valued at $374,525,000 after acquiring an additional 3,683,834 shares during the last quarter. Vaughan Nelson Investment Management L.P. increased its stake in shares of Electronic Arts by 19.9% in the 3rd quarter. Vaughan Nelson Investment Management L.P. now owns 1,838,595 shares of the game software company’s stock valued at $179,852,000 after acquiring an additional 305,000 shares during the last quarter. Finally, Robeco Institutional Asset Management B.V. increased its stake in shares of Electronic Arts by 6.4% in the 3rd quarter. Robeco Institutional Asset Management B.V. now owns 1,511,694 shares of the game software company’s stock valued at $147,873,000 after acquiring an additional 90,768 shares during the last quarter. 91.06% of the stock is owned by hedge funds and other institutional investors.

About Electronic Arts

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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Analyst Recommendations for Electronic Arts (NASDAQ:EA)

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