Electronic Arts Inc. (NASDAQ:EA) insider Andrew Wilson sold 10,058 shares of the stock in a transaction that occurred on Wednesday, November 1st. The stock was sold at an average price of $113.81, for a total value of $1,144,700.98. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website.

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

  • On Monday, October 2nd, Andrew Wilson sold 10,058 shares of Electronic Arts stock. The stock was sold at an average price of $118.04, for a total value of $1,187,246.32.
  • On Friday, September 1st, Andrew Wilson sold 10,058 shares of Electronic Arts stock. The stock was sold at an average price of $119.56, for a total value of $1,202,534.48.

Electronic Arts Inc. (EA) traded down $1.27 during midday trading on Friday, hitting $113.20. 2,922,261 shares of the stock were exchanged, compared to its average volume of 3,338,386. The firm has a market capitalization of $34.79 billion, a price-to-earnings ratio of 28.97 and a beta of 0.65.

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Hedge funds and other institutional investors have recently bought and sold shares of the company. Allen Investment Management LLC acquired a new position in shares of Electronic Arts in the second quarter worth $905,000. Delta Lloyd Asset Management N.V. acquired a new position in shares of Electronic Arts in the second quarter worth $3,019,000. Swiss National Bank increased its stake in shares of Electronic Arts by 5.3% in the second quarter. Swiss National Bank now owns 1,125,555 shares of the game software company’s stock worth $118,994,000 after acquiring an additional 56,300 shares during the last quarter. Mn Services Vermogensbeheer B.V. increased its stake in shares of Electronic Arts by 529.3% in the second quarter. Mn Services Vermogensbeheer B.V. now owns 50,647 shares of the game software company’s stock worth $5,354,000 after acquiring an additional 42,599 shares during the last quarter. Finally, Janus Henderson Group PLC increased its stake in shares of Electronic Arts by 65.0% in the second quarter. Janus Henderson Group PLC now owns 1,425,278 shares of the game software company’s stock worth $150,688,000 after acquiring an additional 561,322 shares during the last quarter. 94.45% of the stock is currently owned by institutional investors and hedge funds.

A number of equities analysts have issued reports on the company. Zacks Investment Research raised Electronic Arts from a “hold” rating to a “buy” rating and set a $130.00 price target for the company in a research note on Friday, October 27th. KeyCorp reaffirmed a “buy” rating and set a $134.00 price target on shares of Electronic Arts in a research note on Friday, August 25th. Jefferies Group LLC reaffirmed a “buy” rating and set a $135.00 price target on shares of Electronic Arts in a research note on Thursday, August 31st. Barclays PLC assumed coverage on Electronic Arts in a research note on Wednesday, October 4th. They set an “overweight” rating and a $129.00 price target for the company. Finally, Bank of America Corporation raised Electronic Arts from a “neutral” rating to a “buy” rating and set a $131.00 price target for the company in a research note on Wednesday, July 26th. Five 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 company presently has a consensus rating of “Buy” and an average price target of $123.38.

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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