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Quadrature Capital Ltd Invests $1.40 Million in Electronic Arts Inc. (NASDAQ:EA)

Electronic Arts logo with Consumer Discretionary background

Quadrature Capital Ltd purchased a new stake in shares of Electronic Arts Inc. (NASDAQ:EA - Free Report) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The firm purchased 10,198 shares of the game software company's stock, valued at approximately $1,395,000.

Other large investors also recently bought and sold shares of the company. Kestra Advisory Services LLC increased its stake in shares of Electronic Arts by 28.9% in the 3rd quarter. Kestra Advisory Services LLC now owns 11,485 shares of the game software company's stock valued at $1,383,000 after purchasing an additional 2,573 shares in the last quarter. Envestnet Portfolio Solutions Inc. purchased a new stake in shares of Electronic Arts in the third quarter valued at approximately $3,591,000. Envestnet Asset Management Inc. raised its stake in shares of Electronic Arts by 6.0% during the 3rd quarter. Envestnet Asset Management Inc. now owns 201,074 shares of the game software company's stock worth $24,209,000 after buying an additional 11,416 shares during the period. CI Investments Inc. lifted its position in shares of Electronic Arts by 7.9% during the 3rd quarter. CI Investments Inc. now owns 4,638 shares of the game software company's stock valued at $558,000 after buying an additional 339 shares in the last quarter. Finally, CenterBook Partners LP acquired a new stake in Electronic Arts in the 3rd quarter valued at $607,000. 90.23% of the stock is owned by institutional investors and hedge funds.

Electronic Arts Stock Up 0.4 %

Shares of NASDAQ EA traded up $0.60 during mid-day trading on Wednesday, hitting $138.13. The company had a trading volume of 1,786,731 shares, compared to its average volume of 2,511,607. The company has a market capitalization of $36.71 billion, a PE ratio of 29.51, a price-to-earnings-growth ratio of 2.19 and a beta of 0.80. The business's 50-day simple moving average is $130.77 and its 200 day simple moving average is $134.78. Electronic Arts Inc. has a 1-year low of $117.47 and a 1-year high of $144.53. The company has a debt-to-equity ratio of 0.25, a current ratio of 1.37 and a quick ratio of 1.37.


Electronic Arts (NASDAQ:EA - Get Free Report) last posted its quarterly earnings results on Tuesday, May 7th. The game software company reported $0.92 EPS for the quarter, missing the consensus estimate of $1.09 by ($0.17). Electronic Arts had a return on equity of 18.81% and a net margin of 16.83%. The firm had revenue of $1.67 billion for the quarter, compared to analyst estimates of $1.78 billion. On average, analysts predict that Electronic Arts Inc. will post 5.7 earnings per share for the current year.

Electronic Arts Dividend Announcement

The firm also recently declared a quarterly dividend, which will be paid on Wednesday, June 19th. Shareholders of record on Wednesday, May 29th will be issued a dividend of $0.19 per share. This represents a $0.76 dividend on an annualized basis and a yield of 0.55%. The ex-dividend date is Wednesday, May 29th. Electronic Arts's dividend payout ratio (DPR) is 16.24%.

Insider Transactions at Electronic Arts

In other Electronic Arts news, insider Vijayanthimala Singh sold 800 shares of the firm's stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $132.82, for a total transaction of $106,256.00. Following the sale, the insider now owns 27,083 shares of the company's stock, valued at $3,597,164.06. The transaction was disclosed in a filing with the SEC, which can be accessed through the SEC website. In other Electronic Arts news, CEO Andrew Wilson sold 2,500 shares of Electronic Arts stock in a transaction that occurred on Monday, March 25th. The stock was sold at an average price of $130.66, for a total transaction of $326,650.00. Following the transaction, the chief executive officer now owns 25,930 shares of the company's stock, valued at $3,388,013.80. The transaction was disclosed in a filing with the SEC, which is available at this link. Also, insider Vijayanthimala Singh sold 800 shares of the business's stock in a transaction that occurred on Monday, April 1st. The shares were sold at an average price of $132.82, for a total value of $106,256.00. Following the completion of the sale, the insider now owns 27,083 shares of the company's stock, valued at approximately $3,597,164.06. The disclosure for this sale can be found here. In the last ninety days, insiders sold 23,539 shares of company stock valued at $3,089,969. 0.20% of the stock is currently owned by corporate insiders.

Wall Street Analysts Forecast Growth

Several equities research analysts recently commented on the company. Wedbush reaffirmed an "outperform" rating and issued a $162.00 price target on shares of Electronic Arts in a report on Wednesday, May 8th. Robert W. Baird reduced their price target on Electronic Arts from $160.00 to $150.00 and set an "outperform" rating on the stock in a report on Wednesday, May 8th. Roth Mkm dropped their price objective on shares of Electronic Arts from $140.00 to $135.00 and set a "neutral" rating for the company in a report on Wednesday, May 1st. StockNews.com cut shares of Electronic Arts from a "buy" rating to a "hold" rating in a research report on Tuesday. Finally, UBS Group reduced their target price on Electronic Arts from $146.00 to $143.00 and set a "neutral" rating on the stock in a research report on Wednesday, March 27th. Nine research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company. According to MarketBeat.com, Electronic Arts has an average rating of "Moderate Buy" and a consensus price target of $147.00.

Read Our Latest Stock Analysis on EA

Electronic Arts Profile

(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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Institutional Ownership by Quarter for Electronic Arts (NASDAQ:EA)

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