Electronic Arts (NASDAQ:EA)‘s stock had its “buy” rating reaffirmed by analysts at Oppenheimer in a report released on Wednesday. They currently have a $130.00 price objective on the game software company’s stock. Oppenheimer’s price objective would indicate a potential upside of 16.15% from the company’s current price.

A number of other equities research analysts also recently issued reports on the company. Vetr upgraded Electronic Arts from a “strong sell” rating to a “sell” rating and set a $99.63 price objective on the stock in a research report on Tuesday. Morgan Stanley downgraded Electronic Arts from an “overweight” rating to an “equal weight” rating and increased their price objective for the stock from $112.00 to $126.00 in a research report on Friday, January 12th. SunTrust Banks set a $130.00 price objective on Electronic Arts and gave the stock a “buy” rating in a research report on Friday, January 12th. BMO Capital Markets upgraded Electronic Arts from a “market perform” rating to an “outperform” rating and lowered their price objective for the stock from $112.39 to $97.00 in a research report on Monday, January 8th. They noted that the move was a valuation call. Finally, Zacks Investment Research downgraded Electronic Arts from a “hold” rating to a “sell” rating in a research report on Tuesday, January 2nd. Two equities research analysts have rated the stock with a sell rating, five have given a hold rating and twenty-three have issued a buy rating to the company’s stock. Electronic Arts has an average rating of “Buy” and a consensus price target of $122.26.

Electronic Arts (NASDAQ EA) traded down $1.21 during trading hours on Wednesday, hitting $111.92. The company’s stock had a trading volume of 3,570,700 shares, compared to its average volume of 3,856,130. The stock has a market capitalization of $34,810.00, a P/E ratio of 29.53, a P/E/G ratio of 1.86 and a beta of 0.61. Electronic Arts has a 12-month low of $78.89 and a 12-month 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.

Electronic Arts (NASDAQ:EA) last posted its earnings results on Tuesday, October 31st. The game software company reported $0.50 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.40 by $0.10. Electronic Arts had a return on equity of 28.92% and a net margin of 23.35%. equities analysts forecast that Electronic Arts will post 3.69 earnings per share for the current year.

In other news, SVP Jacob J. Schatz sold 1,000 shares of the firm’s stock in a transaction dated Friday, October 20th. The stock was sold at an average price of $113.60, for a total transaction of $113,600.00. Following the transaction, the senior vice president now directly owns 20,950 shares of the company’s stock, valued at $2,379,920. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this link. Also, CEO Andrew Wilson sold 10,058 shares of the firm’s stock in a transaction dated Friday, December 1st. The shares were sold at an average price of $105.76, for a total value of $1,063,734.08. The disclosure for this sale can be found here. Insiders have sold 67,516 shares of company stock worth $7,357,395 over the last ninety days. Insiders own 2.55% of the company’s stock.

Several large investors have recently made changes to their positions in EA. Bessemer Group Inc. boosted its holdings in shares of Electronic Arts by 144.5% during the third quarter. Bessemer Group Inc. now owns 1,325 shares of the game software company’s stock worth $157,000 after purchasing an additional 783 shares during the period. Tower Research Capital LLC TRC boosted its holdings in shares of Electronic Arts by 310.8% during the second quarter. Tower Research Capital LLC TRC now owns 1,405 shares of the game software company’s stock worth $149,000 after purchasing an additional 1,063 shares during the period. Dupont Capital Management Corp purchased a new stake in shares of Electronic Arts during the third quarter worth about $183,000. GHP Investment Advisors Inc. purchased a new stake in shares of Electronic Arts during the third quarter worth about $202,000. Finally, Texas Yale Capital Corp. purchased a new stake in shares of Electronic Arts during the third quarter worth about $205,000. 93.53% of the stock is currently owned by hedge funds and other institutional investors.

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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.

Analyst Recommendations for Electronic Arts (NASDAQ:EA)

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