Electronic Arts Inc. (NASDAQ:EA) EVP Chris Bruzzo sold 1,500 shares of the business’s stock in a transaction that occurred on Friday, December 1st. The shares were sold at an average price of $105.80, for a total value of $158,700.00. Following the transaction, the executive vice president now directly owns 38,562 shares in the company, valued at approximately $4,079,859.60. The transaction was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

Chris Bruzzo also recently made the following trade(s):

  • On Wednesday, November 1st, Chris Bruzzo sold 1,500 shares of Electronic Arts stock. The shares were sold at an average price of $113.78, for a total value of $170,670.00.
  • On Monday, October 2nd, Chris Bruzzo sold 1,500 shares of Electronic Arts stock. The shares were sold at an average price of $118.10, for a total value of $177,150.00.

Electronic Arts Inc. (NASDAQ EA) traded up $2.55 on Tuesday, reaching $103.38. The company had a trading volume of 4,581,775 shares, compared to its average volume of 2,944,236. Electronic Arts Inc. has a one year low of $76.42 and a one year high of $122.79. The company has a current ratio of 2.38, a quick ratio of 2.38 and a debt-to-equity ratio of 0.23. The stock has a market cap of $32,190.00, a PE ratio of 27.25, a P/E/G ratio of 1.74 and a beta of 0.61.

Hedge funds have recently modified their holdings of the business. Tower Research Capital LLC TRC lifted its holdings in shares of Electronic Arts by 310.8% in the 2nd quarter. Tower Research Capital LLC TRC now owns 1,405 shares of the game software company’s stock worth $149,000 after buying an additional 1,063 shares during the period. Bessemer Group Inc. lifted its holdings in shares of Electronic Arts by 144.5% in the 3rd quarter. Bessemer Group Inc. now owns 1,325 shares of the game software company’s stock worth $157,000 after buying an additional 783 shares during the period. Dupont Capital Management Corp purchased a new stake in shares of Electronic Arts in the 3rd quarter worth $183,000. Captrust Financial Advisors purchased a new stake in shares of Electronic Arts in the 2nd quarter worth $195,000. Finally, GHP Investment Advisors Inc. purchased a new stake in shares of Electronic Arts in the 3rd quarter worth $202,000. Institutional investors and hedge funds own 93.78% of the company’s stock.

EA has been the topic of several analyst reports. Oppenheimer reissued a “buy” rating on shares of Electronic Arts in a research report on Friday, November 17th. Zacks Investment Research downgraded Electronic Arts from a “buy” rating to a “hold” rating in a research report on Thursday, October 26th. Barclays cut their target price on Electronic Arts from $129.00 to $127.00 and set an “overweight” rating on the stock in a research report on Wednesday, November 1st. Goldman Sachs Group initiated coverage on Electronic Arts in a research report on Friday, September 8th. They set a “buy” rating and a $136.00 target price on the stock. Finally, BidaskClub downgraded Electronic Arts from a “hold” rating to a “sell” rating in a research report on Saturday, October 21st. Five research analysts have rated the stock with a hold rating and twenty-four have issued a buy rating to the stock. The stock has a consensus rating of “Buy” and a consensus price target of $123.26.

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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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