Representative Robert Bresnahan, Jr. (R-Pennsylvania) recently sold shares of Electronic Arts Inc. NASDAQ: EA. In a filing disclosed on May 08th, the Representative disclosed that they had sold between $1,001 and $15,000 in Electronic Arts stock on April 8th. The trade occurred in the Representative's "JP MORGAN BROKERAGE ACCOUNT" account.
Representative Robert Bresnahan, Jr. also recently made the following trade(s):
- Sold $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 4/17/2025.
- Sold $1,001 - $15,000 in shares of Meta Platforms NASDAQ: META on 4/16/2025.
- Sold $1,001 - $15,000 in shares of Western Digital NASDAQ: WDC on 4/11/2025.
- Sold $1,001 - $15,000 in shares of Western Digital NASDAQ: WDC on 4/10/2025.
- Sold $1,001 - $15,000 in shares of DexCom NASDAQ: DXCM on 4/8/2025.
- Sold $1,001 - $15,000 in shares of Invesco NYSE: IVZ on 4/8/2025.
- Sold $1,001 - $15,000 in shares of Generac NYSE: GNRC on 4/8/2025.
- Sold $15,001 - $50,000 in shares of Occidental Petroleum NYSE: OXY on 4/8/2025.
- Sold $15,001 - $50,000 in shares of Pfizer NYSE: PFE on 4/8/2025.
- Sold $1,001 - $15,000 in shares of QUALCOMM NASDAQ: QCOM on 4/8/2025.
Electronic Arts Stock Performance
NASDAQ:EA opened at $153.30 on Friday. The business's fifty day moving average is $143.36 and its 200 day moving average is $144.90. The company has a debt-to-equity ratio of 0.25, a quick ratio of 1.38 and a current ratio of 1.38. Electronic Arts Inc. has a 52-week low of $115.21 and a 52-week high of $168.50. The firm has a market cap of $39.95 billion, a price-to-earnings ratio of 39.01, a PEG ratio of 3.58 and a beta of 0.74.
Electronic Arts (NASDAQ:EA - Get Free Report) last posted its quarterly earnings data on Tuesday, February 4th. The game software company reported $2.34 earnings per share for the quarter, missing the consensus estimate of $3.41 by ($1.07). Electronic Arts had a net margin of 14.28% and a return on equity of 17.80%. Research analysts predict that Electronic Arts Inc. will post 4.71 EPS for the current year.
Electronic Arts Dividend Announcement
The firm also recently disclosed a quarterly dividend, which will be paid on Wednesday, June 18th. Shareholders of record on Wednesday, May 28th will be issued a dividend of $0.19 per share. This represents a $0.76 annualized dividend and a yield of 0.50%. The ex-dividend date of this dividend is Wednesday, May 28th. Electronic Arts's dividend payout ratio (DPR) is presently 19.34%.
Insiders Place Their Bets
In related news, CEO Andrew Wilson sold 5,000 shares of the stock in a transaction on Thursday, February 20th. The stock was sold at an average price of $130.14, for a total value of $650,700.00. Following the completion of the sale, the chief executive officer now directly owns 37,615 shares in the company, valued at approximately $4,895,216.10. This represents a 11.73 % decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Laura Miele sold 2,500 shares of the firm's stock in a transaction dated Thursday, May 8th. The shares were sold at an average price of $155.57, for a total value of $388,925.00. Following the sale, the insider now owns 40,189 shares in the company, valued at approximately $6,252,202.73. The trade was a 5.86 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last 90 days, insiders sold 22,000 shares of company stock valued at $3,118,120. Corporate insiders own 0.22% of the company's stock.
Wall Street Analyst Weigh In
Several brokerages have recently issued reports on EA. UBS Group raised their target price on shares of Electronic Arts from $152.00 to $167.00 and gave the stock a "neutral" rating in a report on Wednesday. Raymond James lowered Electronic Arts from an "outperform" rating to a "market perform" rating in a research report on Thursday, January 23rd. Wedbush increased their price target on shares of Electronic Arts from $179.00 to $210.00 and gave the company an "outperform" rating in a report on Wednesday. BNP Paribas lowered Electronic Arts from an "outperform" rating to a "neutral" rating and set a $125.00 target price for the company. in a research report on Monday, January 27th. Finally, Citigroup reduced their price objective on Electronic Arts from $163.00 to $139.00 and set a "neutral" rating for the company in a research report on Tuesday, February 4th. Fifteen investment analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company's stock. According to data from MarketBeat, the stock presently has an average rating of "Hold" and an average target price of $161.83.
Get Our Latest Report on Electronic Arts
Institutional Inflows and Outflows
A number of institutional investors and hedge funds have recently bought and sold shares of EA. Headlands Technologies LLC purchased a new position in Electronic Arts in the 1st quarter valued at approximately $1,766,000. Charles Schwab Investment Management Inc. grew its position in shares of Electronic Arts by 1.4% in the first quarter. Charles Schwab Investment Management Inc. now owns 1,477,089 shares of the game software company's stock valued at $213,469,000 after purchasing an additional 20,569 shares during the last quarter. ASR Vermogensbeheer N.V. purchased a new position in shares of Electronic Arts during the 1st quarter worth approximately $2,469,000. Vanguard Group Inc. raised its position in shares of Electronic Arts by 0.5% during the 1st quarter. Vanguard Group Inc. now owns 29,052,085 shares of the game software company's stock worth $4,198,607,000 after purchasing an additional 150,438 shares during the last quarter. Finally, Goldman Sachs Group Inc. grew its holdings in Electronic Arts by 62.7% during the 1st quarter. Goldman Sachs Group Inc. now owns 3,253,505 shares of the game software company's stock valued at $470,197,000 after buying an additional 1,254,194 shares during the last quarter. Institutional investors and hedge funds own 90.23% of the company's stock.
About Representative Bresnahan
Rob Bresnahan Jr. (Republican Party) is a member of the U.S. House, representing Pennsylvania's 8th Congressional District. He assumed office on January 3, 2025. His current term ends on January 3, 2027.
Bresnahan (Republican Party) is running for re-election to the U.S. House to represent Pennsylvania's 8th Congressional District. He declared candidacy for the 2026 election.
Rob Bresnahan Jr. was born in Kingston, Pennsylvania. He earned a B.S. in business administration, management and operations from the University of Scranton in 2012. His career experience includes working as the chief financial officer and CEO of a family business, an electrical contracting company.
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.
Further Reading
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