Stephens Investment Management Group LLC boosted its holdings in shares of Electronic Arts Inc. (NASDAQ:EA) by 32.0% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund owned 199,885 shares of the game software company’s stock after purchasing an additional 48,408 shares during the period. Stephens Investment Management Group LLC’s holdings in Electronic Arts were worth $21,000,000 at the end of the most recent quarter.

Other large investors have also recently modified their holdings of the company. Cullen Frost Bankers Inc. lifted its position in shares of Electronic Arts by 4.3% in the 3rd quarter. Cullen Frost Bankers Inc. now owns 103,220 shares of the game software company’s stock valued at $12,186,000 after acquiring an additional 4,254 shares in the last quarter. Twin Capital Management Inc. lifted its position in shares of Electronic Arts by 16.9% in the 3rd quarter. Twin Capital Management Inc. now owns 87,560 shares of the game software company’s stock valued at $10,337,000 after acquiring an additional 12,640 shares in the last quarter. Moody Lynn & Lieberson LLC lifted its position in shares of Electronic Arts by 9.3% in the 3rd quarter. Moody Lynn & Lieberson LLC now owns 63,565 shares of the game software company’s stock valued at $7,504,000 after acquiring an additional 5,413 shares in the last quarter. Swiss National Bank lifted its position in shares of Electronic Arts by 1.5% in the 3rd quarter. Swiss National Bank now owns 1,142,955 shares of the game software company’s stock valued at $134,937,000 after acquiring an additional 17,400 shares in the last quarter. Finally, Pinebridge Investments L.P. lifted its position in shares of Electronic Arts by 50.6% in the 3rd quarter. Pinebridge Investments L.P. now owns 4,302 shares of the game software company’s stock valued at $508,000 after acquiring an additional 1,446 shares in the last quarter. Institutional investors and hedge funds own 92.63% of the company’s stock.

In related news, CFO Blake J. Jorgensen sold 10,000 shares of the firm’s stock in a transaction on Tuesday, December 5th. The shares were sold at an average price of $100.27, for a total value of $1,002,700.00. Following the transaction, the chief financial officer now directly owns 169,614 shares in the company, valued at approximately $17,007,195.78. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, SVP Jacob J. Schatz sold 1,000 shares of the firm’s stock in a transaction on Monday, November 20th. The shares were sold at an average price of $108.28, for a total transaction of $108,280.00. Following the completion of the transaction, the senior vice president now owns 19,950 shares in the company, valued at $2,160,186. The disclosure for this sale can be found here. In the last 90 days, insiders have sold 56,658 shares of company stock worth $6,297,859. 2.55% of the stock is currently owned by company insiders.

Electronic Arts Inc. (EA) opened at $123.05 on Thursday. Electronic Arts Inc. has a 12 month low of $81.27 and a 12 month high of $131.01. The company has a market cap of $37,767.42, a price-to-earnings ratio of 35.18, a PEG ratio of 2.24 and a beta of 0.73. The company has a debt-to-equity ratio of 0.24, a quick ratio of 2.38 and a current ratio of 1.92.

Electronic Arts (NASDAQ:EA) last announced its quarterly earnings results on Tuesday, January 30th. The game software company reported $2.06 EPS for the quarter, topping the Thomson Reuters’ 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 for the quarter, compared to analyst estimates of $2.02 billion. research analysts forecast that Electronic Arts Inc. will post 3.66 earnings per share for the current year.

Several brokerages recently commented on EA. BidaskClub upgraded shares of Electronic Arts from a “sell” rating to a “hold” rating in a research report on Wednesday, January 24th. KeyCorp reiterated an “overweight” rating and issued a $152.00 target price (up previously from $134.00) on shares of Electronic Arts in a research report on Wednesday, January 31st. Benchmark increased their target price on shares of Electronic Arts from $136.00 to $141.00 and gave the stock a “buy” rating in a research report on Wednesday, January 31st. Morgan Stanley increased their target price on shares of Electronic Arts from $120.00 to $126.00 and gave the stock an “equal weight” rating in a research report on Wednesday, January 31st. Finally, Barclays increased their target price on shares of Electronic Arts from $127.00 to $130.00 and gave the stock an “overweight” rating in a research report on Wednesday, January 31st. One analyst has rated the stock with a sell rating, six have assigned a hold rating and twenty-four have issued a buy rating to the stock. Electronic Arts currently has a consensus rating of “Buy” and an average target price of $130.34.

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Electronic Arts 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.

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Institutional Ownership by Quarter for Electronic Arts (NASDAQ:EA)

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