Electronic Arts Inc. (NASDAQ:EA) EVP Chris Bruzzo sold 1,500 shares of the company’s stock in a transaction that occurred on Tuesday, January 2nd. The stock was sold at an average price of $108.51, for a total value of $162,765.00. Following the transaction, the executive vice president now directly owns 38,362 shares of the company’s stock, valued at $4,162,660.62. The sale was disclosed in a filing with the SEC, which is available through the SEC website.

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

  • On Friday, December 1st, Chris Bruzzo sold 1,500 shares of Electronic Arts stock. The stock was sold at an average price of $105.80, for a total value of $158,700.00.
  • On Wednesday, November 1st, Chris Bruzzo sold 1,500 shares of Electronic Arts stock. The stock was sold at an average price of $113.78, for a total value of $170,670.00.

Shares of Electronic Arts Inc. (NASDAQ:EA) traded up $0.30 on Wednesday, hitting $109.75. The company’s stock had a trading volume of 3,113,300 shares, compared to its average volume of 3,904,800. Electronic Arts Inc. has a twelve month low of $77.94 and a twelve month high of $122.79. The firm has a market cap of $33,880.00, a P/E ratio of 28.96, a PEG ratio of 1.73 and a beta of 0.61. The company has a quick ratio of 2.38, a current ratio of 2.38 and a debt-to-equity ratio of 0.23.

Several brokerages have recently weighed in on EA. Wedbush reaffirmed a “buy” rating on shares of Electronic Arts in a research note on Tuesday. Vetr downgraded Electronic Arts from a “strong-buy” rating to a “buy” rating and set a $112.73 target price for the company. in a research note on Monday. Morgan Stanley reaffirmed an “overweight” rating and set a $128.00 target price (up from $126.00) on shares of Electronic Arts in a research note on Monday, October 2nd. Zacks Investment Research downgraded Electronic Arts from a “hold” rating to a “sell” rating in a research note on Tuesday. Finally, Barclays began coverage on Electronic Arts in a research note on Wednesday, October 4th. They set an “overweight” rating and a $129.00 target price for the company. One research analyst has rated the stock with a sell rating, five have assigned a hold rating and twenty-four have given a buy rating to the company’s stock. The company presently has an average rating of “Buy” and a consensus target price of $122.85.

Several institutional investors and hedge funds have recently modified their holdings of EA. Neuberger Berman Group LLC increased its stake in shares of Electronic Arts by 7.3% in the 2nd quarter. Neuberger Berman Group LLC now owns 300,781 shares of the game software company’s stock worth $31,799,000 after acquiring an additional 20,467 shares during the last quarter. Commerce Bank increased its stake in shares of Electronic Arts by 59.9% in the 2nd quarter. Commerce Bank now owns 3,626 shares of the game software company’s stock worth $383,000 after acquiring an additional 1,359 shares during the last quarter. Cipher Capital LP acquired a new stake in shares of Electronic Arts in the 2nd quarter worth $757,000. Oppenheimer & Co. Inc. grew its holdings in shares of Electronic Arts by 24.8% during the 2nd quarter. Oppenheimer & Co. Inc. now owns 4,193 shares of the game software company’s stock worth $443,000 after purchasing an additional 832 shares during the period. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS grew its holdings in shares of Electronic Arts by 0.7% during the 2nd quarter. Commonwealth of Pennsylvania Public School Empls Retrmt SYS now owns 23,033 shares of the game software company’s stock worth $2,435,000 after purchasing an additional 166 shares during the period. 93.51% of the stock is owned by institutional investors and hedge funds.

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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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