Electronic Arts Inc. (NASDAQ:EA) SVP Jacob J. Schatz sold 1,000 shares of the business’s stock in a transaction that occurred on Friday, October 20th. The stock was sold at an average price of $113.60, for a total transaction of $113,600.00. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.

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

  • On Wednesday, September 20th, Jacob J. Schatz sold 1,000 shares of Electronic Arts stock. The stock was sold at an average price of $120.77, for a total transaction of $120,770.00.

Shares of Electronic Arts Inc. (NASDAQ:EA) traded down 0.24% during mid-day trading on Tuesday, reaching $113.39. 2,006,147 shares of the company were exchanged. Electronic Arts Inc. has a 12 month low of $73.74 and a 12 month high of $122.79. The stock has a market capitalization of $35.01 billion, a P/E ratio of 30.36 and a beta of 0.70. The stock has a 50 day moving average price of $117.64 and a 200-day moving average price of $110.87.

Electronic Arts (NASDAQ:EA) last announced its quarterly earnings data on Thursday, July 27th. The game software company reported $0.36 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.14 by $0.22. Electronic Arts had a net margin of 23.31% and a return on equity of 29.77%. The company had revenue of $775.00 million for the quarter, compared to analysts’ expectations of $768.47 million. During the same period in the previous year, the company posted $0.07 EPS. Electronic Arts’s revenue was up 13.6% compared to the same quarter last year. Analysts predict that Electronic Arts Inc. will post $4.25 earnings per share for the current year.

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Several large investors have recently bought and sold shares of EA. Thrivent Financial For Lutherans grew its stake in shares of Electronic Arts by 8.2% during the 1st quarter. Thrivent Financial For Lutherans now owns 11,300 shares of the game software company’s stock worth $1,012,000 after purchasing an additional 860 shares during the period. Dimensional Fund Advisors LP grew its stake in shares of Electronic Arts by 2.6% during the 1st quarter. Dimensional Fund Advisors LP now owns 738,265 shares of the game software company’s stock worth $66,093,000 after purchasing an additional 18,682 shares during the period. Morgan Stanley grew its stake in shares of Electronic Arts by 34.9% during the 1st quarter. Morgan Stanley now owns 668,788 shares of the game software company’s stock worth $59,870,000 after purchasing an additional 172,851 shares during the period. Renaissance Technologies LLC acquired a new position in shares of Electronic Arts during the 1st quarter worth $22,511,000. Finally, BlackRock Inc. grew its stake in shares of Electronic Arts by 3,420.8% during the 1st quarter. BlackRock Inc. now owns 20,764,484 shares of the game software company’s stock worth $1,858,837,000 after purchasing an additional 20,174,721 shares during the period. 94.00% of the stock is currently owned by institutional investors and hedge funds.

Several research firms recently commented on EA. KeyCorp reiterated a “buy” rating on shares of Electronic Arts in a research note on Sunday, July 30th. Cowen and Company reiterated a “market perform” rating and set a $106.00 price objective (up previously from $90.00) on shares of Electronic Arts in a research note on Sunday, July 30th. Robert W. Baird reiterated an “outperform” rating and set a $130.00 price objective (up previously from $115.00) on shares of Electronic Arts in a research note on Sunday, July 30th. BidaskClub upgraded shares of Electronic Arts from a “hold” rating to a “buy” rating in a research note on Monday, July 24th. Finally, Vetr upgraded shares of Electronic Arts from a “buy” rating to a “strong-buy” rating and set a $125.00 price objective for the company in a research note on Tuesday, July 4th. One investment analyst has rated the stock with a sell rating, four have issued 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 an average target price of $121.31.

Electronic Arts Company 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.

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

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