Electronic Arts Inc. (NASDAQ:EA) SVP Jacob J. Schatz sold 1,000 shares of the company’s stock in a transaction on Monday, January 22nd. The stock was sold at an average price of $116.32, for a total transaction of $116,320.00. Following the completion of the transaction, the senior vice president now owns 17,950 shares of the company’s stock, valued at $2,087,944. The sale was disclosed in a filing with the SEC, which is available at this link.
Electronic Arts Inc. (NASDAQ:EA) traded down $0.32 during trading hours on Tuesday, reaching $117.67. 3,426,430 shares of the company’s stock were exchanged, compared to its average volume of 3,440,000. The company has a market cap of $36,330.00, a price-to-earnings ratio of 31.05, a P/E/G ratio of 1.91 and a beta of 0.61. The company has a debt-to-equity ratio of 0.23, a quick ratio of 2.38 and a current ratio of 2.38. Electronic Arts Inc. has a 1-year low of $79.26 and a 1-year high of $122.79.
Electronic Arts (NASDAQ:EA) last released its quarterly earnings data on Tuesday, October 31st. The game software company reported $0.50 earnings per share for the quarter, beating analysts’ consensus estimates of $0.40 by $0.10. Electronic Arts had a net margin of 23.35% and a return on equity of 28.92%. sell-side analysts anticipate that Electronic Arts Inc. will post 3.69 EPS for the current fiscal year.
A number of large investors have recently added to or reduced their stakes in EA. Thrivent Financial For Lutherans increased its stake in Electronic Arts by 3.5% during the 2nd quarter. Thrivent Financial For Lutherans now owns 11,690 shares of the game software company’s stock valued at $1,236,000 after purchasing an additional 390 shares in the last quarter. Mutual of America Capital Management LLC increased its stake in Electronic Arts by 5.2% during the 2nd quarter. Mutual of America Capital Management LLC now owns 37,852 shares of the game software company’s stock valued at $4,002,000 after purchasing an additional 1,863 shares in the last quarter. Pinebridge Investments L.P. bought a new stake in Electronic Arts during the 2nd quarter valued at about $302,000. ETRADE Capital Management LLC increased its stake in Electronic Arts by 8.6% during the 2nd quarter. ETRADE Capital Management LLC now owns 8,654 shares of the game software company’s stock valued at $915,000 after purchasing an additional 688 shares in the last quarter. Finally, M&T Bank Corp increased its stake in Electronic Arts by 5.3% during the 2nd quarter. M&T Bank Corp now owns 32,324 shares of the game software company’s stock valued at $3,419,000 after purchasing an additional 1,640 shares in the last quarter. Institutional investors and hedge funds own 93.55% of the company’s stock.
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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.
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