Key Points
- CEO Andrew Wilson sold 5,000 shares on Dec. 15 for $1,020,550, reducing his stake by 10.23% to 43,858 shares valued at about $8.95M; this was the fourth consecutive monthly sale (Sep–Dec), totaling 20,000 shares for roughly $3.89M.
- Electronic Arts trades near its 1‑year high (~$204), but the company missed last quarter's estimates (EPS $0.65 vs. $0.72; revenue $1.84B, down 12.6% YoY), carries a P/E of 59.7 and pays a $0.19 quarterly dividend (≈0.4% yield).
Electronic Arts Inc. (NASDAQ:EA - Get Free Report) insider Vijayanthimala Singh sold 1,200 shares of the stock in a transaction that occurred on Monday, December 15th. The shares were sold at an average price of $204.11, for a total transaction of $244,932.00. Following the transaction, the insider owned 33,560 shares in the company, valued at approximately $6,849,931.60. This represents a 3.45% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at this link.
Vijayanthimala Singh also recently made the following trade(s):
- On Monday, November 17th, Vijayanthimala Singh sold 1,200 shares of Electronic Arts stock. The stock was sold at an average price of $201.42, for a total value of $241,704.00.
- On Wednesday, October 15th, Vijayanthimala Singh sold 1,200 shares of Electronic Arts stock. The stock was sold at an average price of $200.31, for a total value of $240,372.00.
- On Monday, September 29th, Vijayanthimala Singh sold 1,200 shares of Electronic Arts stock. The shares were sold at an average price of $203.40, for a total value of $244,080.00.
Electronic Arts Stock Performance
Shares of NASDAQ EA opened at $204.20 on Wednesday. Electronic Arts Inc. has a 1-year low of $115.21 and a 1-year high of $204.64. The business has a fifty day moving average price of $201.48 and a 200 day moving average price of $177.29. The stock has a market capitalization of $51.07 billion, a P/E ratio of 59.71, a price-to-earnings-growth ratio of 2.45 and a beta of 0.76. The company has a debt-to-equity ratio of 0.25, a current ratio of 0.84 and a quick ratio of 0.84.
Electronic Arts (NASDAQ:EA - Get Free Report) last announced its earnings results on Tuesday, October 28th. The game software company reported $0.65 EPS for the quarter, missing analysts' consensus estimates of $0.72 by ($0.07). The firm had revenue of $1.84 billion during the quarter, compared to the consensus estimate of $1.88 billion. Electronic Arts had a return on equity of 15.30% and a net margin of 12.14%.The business's revenue for the quarter was down 12.6% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.11 earnings per share. Equities research analysts expect that Electronic Arts Inc. will post 4.71 EPS for the current fiscal year.
Electronic Arts Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Tuesday, December 23rd. Shareholders of record on Wednesday, December 3rd will be issued a $0.19 dividend. This represents a $0.76 annualized dividend and a yield of 0.4%. The ex-dividend date of this dividend is Wednesday, December 3rd. Electronic Arts's dividend payout ratio (DPR) is currently 22.22%.
Wall Street Analysts Forecast Growth
A number of research analysts have issued reports on the stock. HSBC lowered shares of Electronic Arts from a "buy" rating to a "hold" rating and set a $191.00 price target on the stock. in a research note on Monday, September 29th. UBS Group set a $210.00 target price on Electronic Arts and gave the company a "neutral" rating in a research report on Tuesday, September 30th. DZ Bank downgraded Electronic Arts from a "strong-buy" rating to a "strong sell" rating in a research note on Monday, September 29th. TD Cowen cut Electronic Arts from a "strong-buy" rating to a "hold" rating in a research note on Wednesday, October 1st. Finally, BMO Capital Markets upped their target price on Electronic Arts from $166.00 to $210.00 and gave the company a "market perform" rating in a research report on Tuesday, September 30th. Four research analysts have rated the stock with a Buy rating, twenty-six have issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the stock presently has a consensus rating of "Hold" and a consensus target price of $181.21.
View Our Latest Stock Analysis on Electronic Arts
Institutional Investors Weigh In On Electronic Arts
Hedge funds and other institutional investors have recently made changes to their positions in the company. Salomon & Ludwin LLC boosted its holdings in Electronic Arts by 70.1% during the second quarter. Salomon & Ludwin LLC now owns 165 shares of the game software company's stock worth $26,000 after buying an additional 68 shares in the last quarter. Ameriflex Group Inc. boosted its stake in shares of Electronic Arts by 100.0% during the 3rd quarter. Ameriflex Group Inc. now owns 138 shares of the game software company's stock worth $28,000 after acquiring an additional 69 shares in the last quarter. MTM Investment Management LLC acquired a new stake in shares of Electronic Arts during the 2nd quarter valued at about $30,000. Oakworth Capital Inc. purchased a new position in shares of Electronic Arts in the 3rd quarter valued at about $30,000. Finally, Frazier Financial Advisors LLC increased its stake in shares of Electronic Arts by 328.9% in the 2nd quarter. Frazier Financial Advisors LLC now owns 193 shares of the game software company's stock valued at $31,000 after purchasing an additional 148 shares in the last quarter. Institutional investors and hedge funds own 90.23% of the company's stock.
About Electronic Arts
(
Get Free Report)
Electronic Arts Inc develops, markets, publishes, and distributes games, content, and services for game consoles, PCs, mobile phones, and tablets worldwide. It develops and publishes games and services across various genres, such as sports, racing, first-person shooter, action, role-playing, and simulation primarily under the Battlefield, The Sims, Apex Legends, Need for Speed, and license games from others, including FIFA, Madden NFL, UFC, and Star Wars brands.
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