Insider Selling: Electronic Arts (EA) CEO Sells 10,309 Shares of Stock

Electronic Arts (NASDAQ:EA) CEO Andrew Wilson sold 10,309 shares of the firm’s stock in a transaction on Wednesday, May 23rd. The stock was sold at an average price of $132.17, for a total value of $1,362,540.53. The sale was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this hyperlink.

Andrew Wilson also recently made the following trade(s):

  • On Tuesday, May 1st, Andrew Wilson sold 9,000 shares of Electronic Arts stock. The stock was sold at an average price of $119.04, for a total value of $1,071,360.00.
  • On Monday, April 2nd, Andrew Wilson sold 9,000 shares of Electronic Arts stock. The stock was sold at an average price of $118.77, for a total value of $1,068,930.00.
  • On Thursday, March 1st, Andrew Wilson sold 9,000 shares of Electronic Arts stock. The stock was sold at an average price of $122.94, for a total value of $1,106,460.00.

Shares of NASDAQ:EA traded up $1.32 on Wednesday, hitting $133.50. 2,001,914 shares of the company’s stock were exchanged, compared to its average volume of 3,533,845. Electronic Arts has a 12 month low of $99.63 and a 12 month high of $134.61. The company has a market cap of $40.77 billion, a price-to-earnings ratio of 38.81, a price-to-earnings-growth ratio of 2.08 and a beta of 0.82. The company has a current ratio of 2.41, a quick ratio of 1.92 and a debt-to-equity ratio of 0.22.

EA has been the subject of a number of analyst reports. Zacks Investment Research downgraded Electronic Arts from a “hold” rating to a “sell” rating in a research report on Friday, April 6th. Jefferies Group restated a “buy” rating and issued a $150.00 price target on shares of Electronic Arts in a research report on Wednesday, January 31st. Cowen restated a “hold” rating on shares of Electronic Arts in a research report on Wednesday, January 31st. Oppenheimer restated a “buy” rating and issued a $130.00 price target on shares of Electronic Arts in a research report on Tuesday, January 30th. Finally, ValuEngine downgraded Electronic Arts from a “buy” rating to a “hold” rating in a research report on Wednesday, March 7th. Four equities research analysts have rated the stock with a hold rating, twenty-three have given a buy rating and one has issued a strong buy rating to the company. The stock currently has an average rating of “Buy” and an average target price of $139.92.

Several large investors have recently added to or reduced their stakes in EA. MML Investors Services LLC increased its stake in shares of Electronic Arts by 3.7% during the fourth quarter. MML Investors Services LLC now owns 11,576 shares of the game software company’s stock valued at $1,216,000 after buying an additional 415 shares during the period. Bedell Frazier Investment Counseling LLC increased its stake in shares of Electronic Arts by 0.9% during the first quarter. Bedell Frazier Investment Counseling LLC now owns 44,270 shares of the game software company’s stock valued at $5,367,000 after buying an additional 415 shares during the period. Dowling & Yahnke LLC increased its stake in shares of Electronic Arts by 11.6% during the fourth quarter. Dowling & Yahnke LLC now owns 4,098 shares of the game software company’s stock valued at $431,000 after buying an additional 426 shares during the period. NS Partners Ltd increased its stake in shares of Electronic Arts by 1.0% during the first quarter. NS Partners Ltd now owns 45,250 shares of the game software company’s stock valued at $5,486,000 after buying an additional 430 shares during the period. Finally, San Francisco Sentry Investment Group CA increased its stake in shares of Electronic Arts by 7.1% during the first quarter. San Francisco Sentry Investment Group CA now owns 6,571 shares of the game software company’s stock valued at $797,000 after buying an additional 435 shares during the period. Institutional investors and hedge funds own 93.59% of the company’s stock.

Electronic Arts Company Profile

Electronic Arts Inc develops, markets, publishes, and distributes games, content, and services for game consoles, personal computers, mobile phones, and tablets worldwide. It develops and publishes games primarily under the Battlefield, Mass Effect, Need for Speed, The Sims, and Plants v. Zombies brands; and license games from others, such as FIFA, Madden NFL, and Star Wars, as well as publishes and distributes games developed by third parties.

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

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