Electronic Arts Inc. (NASDAQ:EA) CEO Andrew Wilson sold 10,058 shares of the stock in a transaction dated Monday, October 2nd. The stock was sold at an average price of $118.04, for a total transaction of $1,187,246.32. The transaction was disclosed in a document filed with the SEC, which is available at the SEC website.

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

  • On Friday, September 1st, Andrew Wilson sold 10,058 shares of Electronic Arts stock. The shares were sold at an average price of $119.56, for a total transaction of $1,202,534.48.
  • On Tuesday, August 1st, Andrew Wilson sold 10,058 shares of Electronic Arts stock. The shares were sold at an average price of $117.00, for a total transaction of $1,176,786.00.

Electronic Arts Inc. (NASDAQ EA) traded up 0.51% during trading on Wednesday, reaching $118.56. 1,642,396 shares of the company were exchanged. Electronic Arts Inc. has a 52-week low of $73.74 and a 52-week high of $122.79. The firm has a 50-day moving average of $118.39 and a 200-day moving average of $108.07. The firm has a market cap of $36.60 billion, a price-to-earnings ratio of 31.74 and a beta of 0.69.

Electronic Arts (NASDAQ:EA) last announced its quarterly earnings results on Thursday, July 27th. The game software company reported $0.36 EPS for the quarter, beating the Zacks’ consensus estimate of $0.14 by $0.22. The business had revenue of $775.00 million during the quarter, compared to analyst estimates of $768.47 million. Electronic Arts had a net margin of 23.31% and a return on equity of 29.77%. Electronic Arts’s quarterly revenue was up 13.6% on a year-over-year basis. During the same quarter in the previous year, the business posted $0.07 EPS. On average, equities analysts forecast that Electronic Arts Inc. will post $4.24 EPS for the current year.

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Several equities research analysts have commented on the stock. Jefferies Group LLC restated a “buy” rating and issued a $135.00 price target on shares of Electronic Arts in a research note on Thursday, August 31st. BidaskClub upgraded shares of Electronic Arts from a “buy” rating to a “strong-buy” rating in a research note on Friday, September 1st. Benchmark Co. raised their price target on shares of Electronic Arts from $136.00 to $142.00 and gave the company a “buy” rating in a research note on Wednesday, September 13th. Buckingham Research assumed coverage on shares of Electronic Arts in a research note on Wednesday, September 20th. They issued a “buy” rating and a $143.00 price target on the stock. Finally, Goldman Sachs Group, Inc. (The) assumed coverage on shares of Electronic Arts in a research note on Friday, September 8th. They issued a “buy” rating and a $136.00 price target on the stock. Four analysts have rated the stock with a hold rating, twenty-three have given a buy rating and one has given a strong buy rating to the company. The company presently has an average rating of “Buy” and a consensus price target of $119.43.

Hedge funds have recently made changes to their positions in the business. Guardian Life Insurance Co. of America boosted its holdings in Electronic Arts by 2.9% during the 1st quarter. Guardian Life Insurance Co. of America now owns 1,190 shares of the game software company’s stock worth $107,000 after acquiring an additional 34 shares during the last quarter. Invictus RG boosted its holdings in Electronic Arts by 722.0% during the 1st quarter. Invictus RG now owns 1,307 shares of the game software company’s stock worth $117,000 after acquiring an additional 1,148 shares during the last quarter. D. Scott Neal Inc. purchased a new position in Electronic Arts during the 2nd quarter worth $120,000. Tower Research Capital LLC TRC boosted its holdings in Electronic Arts by 310.8% during the 2nd quarter. Tower Research Capital LLC TRC now owns 1,405 shares of the game software company’s stock worth $149,000 after acquiring an additional 1,063 shares during the last quarter. Finally, Captrust Financial Advisors purchased a new position in Electronic Arts during the 2nd quarter worth $195,000. Institutional investors and hedge funds own 93.84% of the company’s stock.

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.

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

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