Electronic Arts Inc. (NASDAQ:EA) SVP Vijayanthimala Singh sold 200 shares of the firm’s stock in a transaction dated Thursday, December 14th. The shares were sold at an average price of $105.20, for a total value of $21,040.00. Following the transaction, the senior vice president now owns 4,928 shares of the company’s stock, valued at $518,425.60. The sale was disclosed in a document filed with the SEC, which is available through the SEC website.

Shares of Electronic Arts Inc. (NASDAQ:EA) traded up $2.86 during midday trading on Friday, hitting $109.28. The stock had a trading volume of 5,755,867 shares, compared to its average volume of 2,980,466. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 0.23. Electronic Arts Inc. has a 1-year low of $77.94 and a 1-year high of $122.79. The firm has a market cap of $32,498.45, a price-to-earnings ratio of 27.13, a PEG ratio of 1.73 and a beta of 0.61.

A number of equities analysts recently commented on the company. Cowen restated a “hold” rating and set a $106.00 target price on shares of Electronic Arts in a report on Friday, September 8th. Morgan Stanley restated an “overweight” rating and set a $128.00 target price (up from $126.00) on shares of Electronic Arts in a report on Monday, October 2nd. Needham & Company LLC reiterated a “buy” rating and issued a $130.00 price objective on shares of Electronic Arts in a research note on Friday, October 13th. Robert W. Baird reiterated a “buy” rating and issued a $130.00 price objective on shares of Electronic Arts in a research note on Wednesday, November 1st. Finally, Zacks Investment Research cut Electronic Arts from a “buy” rating to a “hold” rating in a research note on Thursday, November 2nd. Five research analysts have rated the stock with a hold rating and twenty-four have given a buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $123.26.

Hedge funds and other institutional investors have recently modified their holdings of the company. Schwab Charles Investment Management Inc. increased its position in Electronic Arts by 6.6% during the second quarter. Schwab Charles Investment Management Inc. now owns 997,718 shares of the game software company’s stock worth $105,479,000 after buying an additional 61,992 shares during the period. First Trust Advisors LP increased its position in Electronic Arts by 43.5% during the second quarter. First Trust Advisors LP now owns 214,697 shares of the game software company’s stock worth $22,698,000 after buying an additional 65,091 shares during the period. Sigma Planning Corp acquired a new position in Electronic Arts during the second quarter worth approximately $248,000. Advisors Asset Management Inc. increased its position in Electronic Arts by 23.2% during the second quarter. Advisors Asset Management Inc. now owns 32,691 shares of the game software company’s stock worth $3,456,000 after buying an additional 6,159 shares during the period. Finally, Legal & General Group Plc increased its position in Electronic Arts by 7.0% during the second quarter. Legal & General Group Plc now owns 1,387,171 shares of the game software company’s stock worth $146,656,000 after buying an additional 90,768 shares during the period. 93.78% of the stock is currently owned by institutional investors and hedge funds.

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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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