4,262 Shares in Electronic Arts Inc. (NASDAQ:EA) Acquired by 111 Capital

111 Capital acquired a new position in Electronic Arts Inc. (NASDAQ:EA - Free Report) during the 4th quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund acquired 4,262 shares of the game software company's stock, valued at approximately $624,000.

Several other institutional investors also recently modified their holdings of the business. NorthCrest Asset Manangement LLC boosted its position in Electronic Arts by 1.1% during the fourth quarter. NorthCrest Asset Manangement LLC now owns 33,521 shares of the game software company's stock valued at $4,904,000 after acquiring an additional 378 shares during the last quarter. PKO Investment Management Joint Stock Co bought a new stake in Electronic Arts during the fourth quarter valued at $1,463,000. Siemens Fonds Invest GmbH boosted its position in Electronic Arts by 5.2% during the fourth quarter. Siemens Fonds Invest GmbH now owns 14,598 shares of the game software company's stock valued at $2,139,000 after acquiring an additional 728 shares during the last quarter. Universal Beteiligungs und Servicegesellschaft mbH bought a new stake in Electronic Arts during the fourth quarter valued at $71,872,000. Finally, Brooklyn FI LLC bought a new stake in Electronic Arts during the fourth quarter valued at $236,000. Institutional investors own 90.23% of the company's stock.

Analyst Upgrades and Downgrades

A number of brokerages have commented on EA. Morgan Stanley upped their price target on shares of Electronic Arts from $135.00 to $148.00 and gave the company an "equal weight" rating in a research report on Wednesday, May 7th. JPMorgan Chase & Co. upped their price target on shares of Electronic Arts from $135.00 to $160.00 and gave the company a "neutral" rating in a research report on Wednesday, May 7th. Citigroup reaffirmed a "neutral" rating and set a $153.00 price target (up previously from $139.00) on shares of Electronic Arts in a research report on Thursday. Robert W. Baird set a $168.00 price target on shares of Electronic Arts in a research report on Wednesday, May 7th. Finally, UBS Group upped their price target on shares of Electronic Arts from $152.00 to $167.00 and gave the company a "neutral" rating in a research report on Wednesday, May 7th. Fifteen research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the company. According to MarketBeat, the stock currently has a consensus rating of "Hold" and a consensus price target of $161.88.

Insider Activity

In other news, insider Laura Miele sold 2,500 shares of the stock in a transaction that occurred on Thursday, May 8th. The shares were sold at an average price of $155.57, for a total transaction of $388,925.00. Following the completion of the transaction, the insider now directly owns 40,189 shares of the company's stock, valued at $6,252,202.73. This represents a 5.86% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, CEO Andrew Wilson sold 6,563 shares of the stock in a transaction that occurred on Tuesday, May 20th. The shares were sold at an average price of $151.18, for a total transaction of $992,194.34. Following the transaction, the chief executive officer now directly owns 70,059 shares of the company's stock, valued at $10,591,519.62. This represents a 8.57% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold 27,729 shares of company stock valued at $4,107,664 in the last three months. Company insiders own 0.22% of the company's stock.

Electronic Arts Stock Up 1.5%

EA stock traded up $2.10 during trading on Monday, reaching $145.88. The stock had a trading volume of 3,418,120 shares, compared to its average volume of 2,742,235. Electronic Arts Inc. has a one year low of $115.21 and a one year high of $168.50. The company has a quick ratio of 1.38, a current ratio of 1.38 and a debt-to-equity ratio of 0.25. The company's 50 day moving average is $145.67 and its two-hundred day moving average is $144.09. The company has a market capitalization of $36.58 billion, a price-to-earnings ratio of 37.12, a P/E/G ratio of 3.58 and a beta of 0.74.

Electronic Arts Announces Dividend

The business also recently announced a quarterly dividend, which will be paid on Wednesday, June 18th. Stockholders of record on Wednesday, May 28th will be given a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a dividend yield of 0.52%. The ex-dividend date of this dividend is Wednesday, May 28th. Electronic Arts's dividend payout ratio is currently 17.92%.

Electronic Arts Company Profile

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.