Electronic Arts Inc. (EA) SVP Sells $125,770.00 in Stock

Electronic Arts Inc. (NASDAQ:EA) SVP Jacob J. Schatz sold 1,000 shares of the company’s stock in a transaction on Tuesday, March 20th. The shares were sold at an average price of $125.77, for a total transaction of $125,770.00. Following the sale, the senior vice president now owns 15,692 shares of the company’s stock, valued at approximately $1,973,582.84. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink.

EA stock opened at $121.44 on Friday. Electronic Arts Inc. has a one year low of $87.94 and a one year high of $131.13. The company has a debt-to-equity ratio of 0.24, a quick ratio of 1.92 and a current ratio of 1.92. The company has a market cap of $37,721.41, a PE ratio of 37.95, a PEG ratio of 2.24 and a beta of 0.76.

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Electronic Arts (NASDAQ:EA) last posted its quarterly earnings data on Tuesday, January 30th. The game software company reported $2.06 EPS for the quarter, topping the Zacks’ consensus estimate of $2.03 by $0.03. Electronic Arts had a net margin of 19.67% and a return on equity of 25.42%. The company had revenue of $1.97 billion during the quarter, compared to the consensus estimate of $2.02 billion. research analysts anticipate that Electronic Arts Inc. will post 3.66 earnings per share for the current year.

Institutional investors have recently bought and sold shares of the company. Cerebellum GP LLC acquired a new stake in Electronic Arts in the 4th quarter valued at about $129,000. First Bank & Trust acquired a new stake in Electronic Arts in the 4th quarter valued at about $134,000. Bessemer Group Inc. lifted its stake in Electronic Arts by 144.5% in the 3rd quarter. Bessemer Group Inc. now owns 1,325 shares of the game software company’s stock valued at $157,000 after purchasing an additional 783 shares during the last quarter. Exane Derivatives acquired a new stake in Electronic Arts in the 4th quarter valued at about $142,000. Finally, Texas Yale Capital Corp. acquired a new stake in Electronic Arts in the 3rd quarter valued at about $205,000. Institutional investors own 95.45% of the company’s stock.

EA has been the subject of a number of recent analyst reports. Wedbush restated a “buy” rating and issued a $138.00 price objective on shares of Electronic Arts in a research report on Wednesday, January 31st. Stifel Nicolaus restated a “buy” rating and issued a $129.00 price objective (up previously from $128.00) on shares of Electronic Arts in a research report on Friday, January 26th. Vetr upgraded shares of Electronic Arts from a “sell” rating to a “buy” rating and set a $142.00 price objective for the company in a research report on Monday, March 12th. Oppenheimer restated a “buy” rating and issued a $130.00 price objective on shares of Electronic Arts in a research report on Wednesday, January 17th. Finally, Goldman Sachs cut shares of Electronic Arts from a “conviction-buy” rating to a “buy” rating in a research report on Tuesday, December 12th. Seven equities research analysts have rated the stock with a hold rating, twenty-three have assigned a buy rating and one has assigned a strong buy rating to the stock. The company presently has a consensus rating of “Buy” and a consensus price target of $132.81.

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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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